T3 · Product exporter position

Viet Nam exports of Furniture: parts (HS 940390)

See where Viet Nam stands in furniture: parts: export scale, destination breadth, market position, growth, and reported trade history.

Exporter VNMHS6 940390Latest year 2024Stable

Latest exports

$1.1BLatest observed lane total

Destination markets

125Reported active markets

Three-year growth

-0.3%Annualized change

Destination HHI

7,374Destination concentration

Weighted share

22.7%Reported market position

Exporter evidence

How strong is Viet Nam in Furniture: parts?

Reported exporter totals and calculated indicators for HS 940390. Values retain their observed coverage period.

Exporter scale

Latest exports$1.1B
Current 2024 exports$1.1B
Three-year average$1.1B
Historical peak$1.4B

Market position

Active destinations125
Destination HHI7,374
Weighted share22.7%
Share change+4 pp

Competitiveness

Three-year growth-0.3%
Volatility1.2
Maximum drawdown90%
TrendStable
MeasureValueWhat it describes
ExporterViet NamCountry represented by this profile
Latest observed exports$1.1BSum of latest observed destination-lane values
Current 2024 exports$1.1BCommon-year comparison where reported
Three-year growth-0.3%Annualized change in exporter totals
Five-year growth+10.3%Annualized change in exporter totals
Leading destinationUSADestination with the largest observed export value
Leading destination share85.7%Share of observed exporter totals
Destination concentration7,374HHI across destination markets
Weighted share change+4 ppValue-weighted latest change in market share
Limited-history lanes19.3%Share of lanes with shorter history

Destination markets

Where does Viet Nam sell furniture: parts?

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

DestinationLatest exportsMarket shareGrowthAccessSignal
USA, Puerto Rico and US Virgin Islands$976.8M25.4%+0.3%0% tariffAccelerating
Japan$32.4M8.4%+1.4%FTA reportedGrowing
Republic of Korea$30.9M14.5%+8.8%FTA reportedAccelerating

Destination

USA, Puerto Rico and US Virgin Islands

Latest exports
$976.8M
Market share
25.4%
Growth
+0.3%
Access
0% tariff
Signal
Accelerating

Destination

Japan

Latest exports
$32.4M
Market share
8.4%
Growth
+1.4%
Access
FTA reported
Signal
Growing

Destination

Republic of Korea

Latest exports
$30.9M
Market share
14.5%
Growth
+8.8%
Access
FTA reported
Signal
Accelerating

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

Argentina: $2.4M / ton.

Lowest reported price

Belize: $505.2 / ton.

Median price

$4.5K / ton across reported markets.

Export trend

Reported export history

Annual observations for Viet Nam and HS 940390 where available.

YearExportsYear-on-year changeActive destinations
2010$217.2M+17.6%90
2011$240.8M+10.9%85
2012$300.8M+24.9%103
2013$315.1M+4.8%108
2014$374.3M+18.8%113
2015$450.9M+20.5%114
2016$474.3M+5.2%120
2017$527.9M+11.3%122
2018$550.4M+4.3%117
2019$698.4M+26.9%117
2020$943.0M+35%106
2021$1.1B+21.8%115
2022$1.4B+18.7%118
2023$850.7M-37.6%112
2024$1.1B+33.9%125

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 940390.

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 furniture: parts 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.