T3 · Product exporter position

Viet Nam exports of Seats: with wooden frames, upholstered, (excluding medical, surgical, dental, veterinary or barber furniture) (HS 940161)

See where Viet Nam stands in seats: with wooden frames, upholstered, (excluding medical, surgical, dental, veterinary or barber furniture): export scale, destination breadth, market position, growth, and reported trade history.

Exporter VNMHS6 940161Latest year 2024Declining

Latest exports

$2.9BLatest observed lane total

Destination markets

135Reported active markets

Three-year growth

-3.4%Annualized change

Destination HHI

7,124Destination concentration

Weighted share

32.6%Reported market position

Exporter evidence

How strong is Viet Nam in Seats: with wooden frames, upholstered, (excluding medical, surgical, dental, veterinary or barber furniture)?

Reported exporter totals and calculated indicators for HS 940161. Values retain their observed coverage period.

Exporter scale

Latest exports$2.9B
Current 2024 exports$2.9B
Three-year average$2.7B
Historical peak$3.4B

Market position

Active destinations135
Destination HHI7,124
Weighted share32.6%
Share change+4.5 pp

Competitiveness

Three-year growth-3.4%
Volatility1.6
Maximum drawdown78.3%
TrendDeclining
MeasureValueWhat it describes
ExporterViet NamCountry represented by this profile
Latest observed exports$2.9BSum of latest observed destination-lane values
Current 2024 exports$2.9BCommon-year comparison where reported
Three-year growth-3.4%Annualized change in exporter totals
Five-year growth+13.3%Annualized change in exporter totals
Leading destinationUSADestination with the largest observed export value
Leading destination share84.2%Share of observed exporter totals
Destination concentration7,124HHI across destination markets
Weighted share change+4.5 ppValue-weighted latest change in market share
Limited-history lanes13.1%Share of lanes with shorter history

Destination markets

Where does Viet Nam sell seats: with wooden frames, upholstered, (excluding medical, surgical, dental, veterinary or barber furniture)?

Leading destination observations ranked by reported export value, with market position and access context.

DestinationLatest exportsMarket shareGrowthAccessSignal
USA, Puerto Rico and US Virgin Islands$2.4B36.9%-3.8%0% tariffAccelerating
Japan$105.2M18.8%+0.8%FTA reportedAccelerating
Canada$90.7M9.5%-4.4%FTA reportedAccelerating
Saudi Arabia$34.3M10.5%-5.5%0.1% tariffAccelerating
Republic of Korea$33.4M6.8%+0.8%FTA reportedAccelerating
Australia$30.3M5.1%-3.5%FTA reportedGrowing

Destination

USA, Puerto Rico and US Virgin Islands

Latest exports
$2.4B
Market share
36.9%
Growth
-3.8%
Access
0% tariff
Signal
Accelerating

Destination

Japan

Latest exports
$105.2M
Market share
18.8%
Growth
+0.8%
Access
FTA reported
Signal
Accelerating

Destination

Canada

Latest exports
$90.7M
Market share
9.5%
Growth
-4.4%
Access
FTA reported
Signal
Accelerating

Destination

Saudi Arabia

Latest exports
$34.3M
Market share
10.5%
Growth
-5.5%
Access
0.1% tariff
Signal
Accelerating

Destination

Republic of Korea

Latest exports
$33.4M
Market share
6.8%
Growth
+0.8%
Access
FTA reported
Signal
Accelerating

Destination

Australia

Latest exports
$30.3M
Market share
5.1%
Growth
-3.5%
Access
FTA reported
Signal
Growing

Price intelligence

How does Viet Nam's price position vary?

Price comparisons are shown where market-level unit-value observations are available. They describe reported trade values and quantities, not quoted selling prices.

Highest reported price

Ecuador: $3.1M / ton.

Lowest reported price

Senegal: $82.9 / ton.

Median price

$6.0K / ton across reported markets.

Export trend

Reported export history

Annual observations for Viet Nam and HS 940161 where available.

YearExportsYear-on-year changeActive destinations
2010$207.5M+37.5%93
2011$208.2M+0.3%102
2012$263.6M+26.6%111
2013$318.2M+20.7%111
2014$415.1M+30.4%117
2015$465.5M+12.1%122
2016$575.2M+23.6%126
2017$769.9M+33.8%128
2018$985.9M+28.1%133
2019$1.5B+57.2%136
2020$2.2B+42.3%138
2021$3.2B+45.5%136
2022$2.8B-12.5%132
2023$2.4B-13.4%132
2024$2.9B+19.2%135

Exporter context

Viet Nam economy and trade network

The exporter profile adds country-level trade and structural context to the selected product position. These indicators describe the country overall and are not limited to HS 940161.

Viet Nam has reported exports of $450.9B and a trade balance of $69.7B in 2024.

Available structural indicators include 301.9% trade openness, 32.5% investment, and 1,080 active trade partners.

Reported values

Export totals and destination values describe reported merchandise trade for the stated exporter, HS6 classification, and available year.

Calculated indicators

Growth, concentration, weighted share, volatility, drawdown, and price comparisons are calculated from reported observations.

Coverage

Missing values remain “Not reported”. Country-level indicators are presented separately from product-level observations.

Frequently asked questions

Questions about Viet Nam seats: with wooden frames, upholstered, (excluding medical, surgical, dental, veterinary or barber furniture) exports

Quick answers based on the figures and coverage shown on this page.

How strong is this exporter?

Use latest exports, destination breadth, growth, concentration, and weighted share together rather than relying on one measure.

Which markets are most important?

The destination table ranks reported markets by the latest observed export value.

Does the price section show quotes?

No. It summarizes reported trade value and quantity observations converted to unit values.

What should be checked next?

Compare this exporter with buyer markets, corridors, and the product overview before making a commercial decision.