Over the past decade, Vietnam furniture export has grown from a modest sector into a global powerhouse. Once known primarily for its textile and agricultural trade, Vietnam has now positioned itself as the second-largest furniture exporter in the world, behind only China. The industry’s remarkable rise, from $5 billion a decade ago to $17.5 billion in 2024, showcases Vietnam’s growing strength in global manufacturing, craftsmanship, and sustainable production.
According to the Vietnam export data, the total value of Vietnam furniture exports reached a record high of $17.5 billion in 2024, marking a 10% year-on-year increase. Despite global economic uncertainty, Vietnam’s furniture industry has demonstrated strong resilience and adaptability. Competitive labor costs, a skilled workforce, and continuous investment in advanced manufacturing technologies have all helped position the nation as a key global supplier.
Overview: Vietnam Furniture Export Data 2024–25
The Vietnam furniture export data 2024–25 reveals impressive growth across nearly all categories. The industry’s expansion has been fueled by robust foreign demand and Vietnam’s ability to adapt to evolving global design and sustainability standards.
- Total Export Value (2024): $17.5 billion
- Timber & Wood Products: $16.25 billion
- Non-Timber Products (bamboo, rattan, etc.): $1.05 billion
- Wooden Furniture: $3.1 billion
This growth underscores Vietnam’s growing importance in the international furniture supply chain. Approximately 93% of total furniture production is exported, making furniture one of Vietnam’s most globally integrated industries.
Key Markets for Vietnam Furniture Export
Vietnam’s furniture exports reach over 120 countries, with major destinations including the United States, Japan, the United Kingdom, Canada, and South Korea. Each market values the balance of quality, affordability, and design that characterizes Vietnamese furniture.
1. United States – $9.01 billion (56%)
The U.S. remains Vietnam’s dominant market, accounting for more than half of total Vietnam furniture exports. American consumers favor Vietnamese products for their craftsmanship, competitive pricing, and sustainable sourcing.
2. Japan – $287.62 million (4.5%)
Japan’s growing imports of Vietnamese furniture reflect trust in the country’s quality standards and minimalistic design, aligning with Japanese aesthetic preferences.
3. United Kingdom – $164.91 million (2.6%)
The UK market is expanding steadily, with increasing demand for modern Vietnamese furniture, particularly in the home decor and hospitality sectors.
4. Canada & South Korea – Combined $255 million (4%)
Eco-conscious consumers in these markets are drawn to Vietnam’s sustainable production practices and certified timber products.
5. Australia, France, Germany, Netherlands, and China
Vietnam’s reach extends deeply into Europe and Asia, diversifying its export base while ensuring stable demand from both established and emerging markets.
Top Vietnam Furniture Exporters
The rapid rise of Vietnam furniture exports is underpinned by powerful players in the manufacturing sector. According to Vietnam furniture manufacturer exporter data, several key companies dominate export volumes, blending traditional craftsmanship with modern production.
| Rank | Company Name | Export Value (2024) | Major Products | Key Markets |
|---|---|---|---|---|
| 1 | Kaiser Group | $3.6 billion | Bedroom, dining, upholstered furniture | USA |
| 2 | Inni Home | $600 million | Dining sets, chairs, accent furniture | USA |
| 3 | Rochdale Spears Ltd | $400 million | Kitchen & office furniture | USA |
| 4 | KEESON Co. Ltd | $355 million | Smart/adjustable furniture | USA, EU |
| 5 | Savimex Corp | $350 million | Tables, beds, shelving | USA, EU, Japan |
| 6 | Phu Tai JSC | $300 million | Indoor & outdoor wooden furniture | USA, EU |
| 7 | 190 Furniture JSC | $250 million | Office & school furniture | SE Asia |
| 8 | AA Corporation | $200 million | Custom & hotel furniture | Japan, Korea, EU |
These Vietnam furniture exporters not only supply to leading global retailers but also drive innovation in eco-friendly and modular designs. Companies such as Savimex Corp and Phu Tai JSC are examples of vertically integrated firms that control the entire process—from raw timber sourcing to finished exports.
Vietnam Furniture Export Trends (2023–2025)
The latest Vietnam furniture export data highlights consistent double-digit growth. The United States, Japan, and the EU remain the largest markets, while new opportunities are emerging in regions like the Middle East, Latin America, and Africa.
Q1 2025 Highlights:
- Total wood & furniture exports: $3.93 billion (+11.6% YoY)
- Exports to the U.S.: $2.14 billion (+12.9%)
- Exports to Japan: $511 million (steady growth)
- Exports to EU & China: Slight slowdown due to economic headwinds
This performance reinforces Vietnam’s position as the world’s 6th-largest furniture producer and a trusted supplier for global furniture brands.
Drivers of Vietnam’s Furniture Export Growth
- Competitive Edge in Costs and Skills:
Vietnam’s labor costs remain lower than those of China or Malaysia, while its skilled workforce delivers superior craftsmanship and product finishing. - Export-Led Manufacturing Clusters:
Industrial regions like Binh Duong, Dong Nai, Ho Chi Minh City, and Da Nang contribute nearly 80% of total furniture exports, fostering economies of scale. - Sustainability & Certification:
Increasing numbers of Vietnam furniture manufacturers exporters now hold international certifications such as FSC (Forest Stewardship Council) and PEFC, aligning with eco-friendly buyer demands. - Rising Global Demand:
The global shift toward home improvement, work-from-home furniture, and customized decor continues to boost Vietnam exports in this sector.
Challenges Facing Vietnam Furniture Exporters
Despite strong growth, Vietnam furniture exporters face key challenges that could shape their future competitiveness:
- Overreliance on the U.S. Market:
With over 50% of exports going to one country, Vietnam is vulnerable to demand fluctuations and tariff changes. - Compliance & Regulations:
New international policies like the EU Carbon Border Adjustment Mechanism (CBAM) and stricter timber-origin rules require heavy documentation and compliance investment. - Design & Branding Limitations:
Many Vietnamese firms focus on contract manufacturing rather than building branded, design-led products. - Logistics & Shipping Costs:
Global freight volatility and rising logistics expenses have increased pressure on profit margins.
Future Outlook: Vietnam’s Furniture Export Industry
The outlook for Vietnam furniture export remains highly positive for 2025 and beyond. Sustained demand from the U.S., Japan, and other Asian markets, combined with strategic market diversification, will support long-term growth.
To maintain momentum, the industry is focusing on:
- Green Transformation: Adopting sustainable materials and carbon-neutral production.
- Brand Development: Building international recognition for Vietnamese furniture brands.
- Digital Integration: Using e-commerce and B2B platforms to expand export reach.
- Market Diversification: Expanding beyond traditional Western markets to include the Middle East, South America, and Africa.
If Vietnam continues to innovate, enhance design capabilities, and embrace green standards, it could soon challenge the top spot in global furniture trade.
Conclusion
The Vietnam furniture export industry has evolved into a dynamic and export-driven powerhouse, commanding a global presence through quality, sustainability, and craftsmanship. Backed by leading Vietnam furniture exporters and supported by a growing base of Vietnam furniture manufacturer exporters, the country’s furniture trade has transformed from a niche segment to one of the largest export pillars in Asia.
With total exports valued at $17.5 billion in 2024 and growing, Vietnam’s position as the world’s second-largest furniture exporter is secure. Looking forward, success will hinge on sustainable innovation, branding, and market expansion—turning Vietnam from a global supplier into a global trendsetter in furniture design and manufacturing.
