# Viet Nam Furniture: wooden, other than for office, kitchen or bedroom use price positioning (HS 940360)

Canonical: https://www.yugalinks.com/trade/price-exporter/vnm/940360
Publisher: Yugalinks (https://www.yugalinks.com)

## Answer

Viet Nam has a median reported export price of $4.2K/t across 150 markets. Across the reported period, the highest observed price is $1.8M/t in Dominica; the lowest is $303.3/t in Senegal.

## Summary

- Price spread: 43,593.5%
- Total trade value: $15.0B
- Average quantity: 6,861 metric tons
- Latest year: 2023

## Price by market

| Market | Latest year | Latest price | Vs median | Year-over-year change | Change since first reported year | Trade value (reported period) | Years reported | Position |
|---|---:|---:|---:|---:|---:|---:|---:|---|
| USA, Puerto Rico and US Virgin Islands | 2023 | $3.9K/t | -7.7% | +1.2% | +10.9% | $9.9B | 5 | Mid |
| Japan | 2023 | $2.9K/t | -69.9% | -3.9% | +12.1% | $1.1B | 5 | Below |
| United Kingdom | 2023 | $4.1K/t | +0.4% | -13.6% | +9.6% | $982.3M | 5 | Mid |
| Canada | 2023 | $4.5K/t | +7.1% | -6.5% | +53.1% | $460.2M | 4 | Mid |
| France | 2023 | $4.3K/t | -12.4% | -3.9% | +23.8% | $313.0M | 5 | Mid |
| Australia | 2023 | $6.8K/t | +23.9% | +71.2% | +94% | $373.1M | 5 | Mid |
| Germany | 2023 | $3.6K/t | -23.4% | -10.3% | +12.1% | $243.9M | 5 | Mid |
| China | 2023 | $4.1K/t | -26.4% | +2.8% | +47.3% | $247.3M | 5 | Below |
| Republic of Korea | 2023 | $2.9K/t | -55.3% | -2.4% | +3.8% | $178.2M | 5 | Below |
| Spain | 2023 | $3.9K/t | +0% | -4.7% | +25.1% | $88.2M | 5 | Mid |
| Ireland | 2023 | $4.7K/t | -3.9% | +21.1% | +37.2% | $69.1M | 5 | Mid |
| Netherlands | 2023 | $4.2K/t | -0.5% | -2.7% | +31.5% | $139.3M | 5 | Mid |
| Mexico | 2023 | $7.2K/t | +0% | +133.4% | +27.3% | $36.8M | 4 | Mid |
| Other Asia, nes | 2023 | $2.1K/t | -79.2% | -63.5% | +63.8% | $61.9M | 5 | Below |
| United Arab Emirates | 2023 | $4.4K/t | +52.3% | -5.2% | +12.4% | $50.5M | 4 | Above |
| Senegal | 2023 | $13.6K/t | +1,249.5% | +374.8% | +4,392% | $227.2K | 4 | Above |
| Dominica | 2023 | $1.8M/t | +31,994.2% | +20,336.2% | +20,336.2% | $20.5K | 2 | Above |

## Price history

- USA, Puerto Rico and US Virgin Islands: 2017 $3.5K/t, 2019 $3.2K/t, 2020 $3.2K/t, 2022 $3.9K/t, 2023 $3.9K/t
- Japan: 2017 $2.5K/t, 2019 $2.2K/t, 2020 $2.1K/t, 2022 $3.0K/t, 2023 $2.9K/t
- United Kingdom: 2017 $3.8K/t, 2019 $3.6K/t, 2020 $4.1K/t, 2022 $4.8K/t, 2023 $4.1K/t
- Canada: 2019 $3.0K/t, 2020 $3.0K/t, 2022 $4.8K/t, 2023 $4.5K/t
- France: 2017 $3.5K/t, 2019 $3.6K/t, 2020 $3.5K/t, 2022 $4.5K/t, 2023 $4.3K/t

## Annual price trend and growth

| Year | Weighted unit value | Change vs prior reported year | Trade value | Markets |
|---:|---:|---:|---:|---:|
| 2017 | $3.3K/t | Not reported | $2.2B | 98 |
| 2019 | $3.1K/t | -6.4% | $2.8B | 130 |
| 2020 | $3.1K/t | +1.4% | $3.3B | 133 |
| 2022 | $3.9K/t | +24.3% | $4.0B | 134 |
| 2023 | $3.9K/t | +0.2% | $2.8B | 138 |

## Methodology

Price = reported trade value in USD / reported quantity in metric tons. The median is calculated across reported market unit values for the same product and year. Price spread = (highest market price - lowest market price) / median market price x 100. Vs median = (market unit value - market median) / market median x 100. Price position is not a profitability claim.

Coverage: 2017-2023; 150 importer markets; 633 reported market-year observations.

## FAQ

### What does Viet Nam price positioning show for HS 940360?

It compares Viet Nam's reported unit values across markets with each market's median for the same product and year.

### What does above or below median mean?

Above median means the observed unit value is higher than the market median; below median means it is lower. It does not by itself indicate profit or quality.

### How is the export price calculated?

The reported unit value is trade value divided by reported quantity, expressed per metric ton when quantity is available.

### Can I compare this with the wider Furniture: wooden, other than for office, kitchen or bedroom use market?

Yes. Use the product overview and methodology links to compare price positioning with market size, exporter reach, and reported trade history.

## Complete structured values

{
  "pageType": "exporter-price-positioning",
  "source": "reported",
  "exporter": "VNM",
  "hs_code": "940360",
  "summary": {
    "num_markets": 150,
    "highest_price_importer_iso3": "DMA",
    "highest_price_usd_per_ton": 1848500,
    "lowest_price_importer_iso3": "SEN",
    "lowest_price_usd_per_ton": 303.2507388042737,
    "median_price_across_markets": 4239.616988779886,
    "price_spread_pct": 43593.48389612633,
    "avg_quantity_metric_tons": 6861.456952606637,
    "total_trade_value_usd": 15015708034
  },
  "marketRows": [
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    {
      "importer_iso3": "SEN",
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