In recent years, Vietnam furniture export has witnessed a significant boom, making the country one of the most prominent players in the global furniture industry. As per the latest Vietnam shipment data and Vietnam trade data provider insights, Vietnam has become the world’s second-largest furniture exporter, achieving record-breaking revenues and expanding its presence in key global markets.

In 2024, Vietnam’s furniture exports reached a record value of $17.5 billion, a remarkable 10% growth compared to the previous year. This phenomenal rise highlights Vietnam’s increasing role in supplying affordable, high-quality furniture products to markets worldwide. With continuous investment in technology, sustainable practices, and competitive pricing, Vietnam furniture exporters are now meeting the growing demand from the U.S., Japan, the U.K., Canada, South Korea, and other leading markets.

In this article, we analyze the Vietnam furniture export performance for 2024–25, explore the top markets and exporters, and discuss trends, challenges, and future growth prospects.

Vietnam Furniture Export Performance 2024-25: An Overview

According to Vietnam furniture export data, the sector has expanded rapidly over the past decade, growing from $5 billion ten years ago to nearly $20 billion today. Of the total $17.5 billion export revenue in 2024:

• $16.25 billion came from timber and wood products

• $1.05 billion came from non-timber products like bamboo and rattan

Wooden furniture alone contributed $3.1 billion, proving the global demand for Vietnam’s high-quality wood-based furniture.

As per Vietnam shipment data, the U.S. remains the dominant market, accounting for over 56% of all furniture exports. Japan, the U.K., Canada, South Korea, and Australia also play a major role in Vietnam’s export success.

Vietnam Furniture Export by Country: Key Markets Driving Growth

Vietnam furniture export has diversified across multiple regions, but certain markets dominate in terms of volume and value. According to Vietnam trade data provider insights, the top 10 export destinations for Vietnamese furniture in 2024 were:

1. United States: $9.01 billion (56%)

2. Japan: $287.62 million (4.5%)

3. United Kingdom: $164.91 million (2.6%)

4. Canada: $150.14 million (2.3%)

5. South Korea: $105.53 million (1.6%)

6. Australia: $94.22 million (1.5%)

7. France: $92.78 million (1.4%)

8. Germany: $63.44 million (1%)

9. Netherlands: $48.88 million (0.8%)

10. China: $44.06 million (0.7%)

The Vietnam furniture exporters have particularly excelled in the U.S. market, where the demand for affordable, stylish, and sustainable furniture remains high. Japanese and European markets also appreciate Vietnam’s craftsmanship and competitive pricing, driving consistent growth year after year.

Top Vietnam Furniture Exporters: Leaders of the Industry

Vietnam’s furniture export success is driven by a few major Vietnam furniture manufacturer exporters that dominate global shipments. As per the latest Vietnam shipment data, these top exporters include:

The dominance of companies like Kaiser Group and Inni Home reflects how large-scale, export-focused manufacturing has transformed Vietnam into a global furniture hub.

Trends Shaping Vietnam Furniture Export Growth

Several factors have driven the recent boom in Vietnam furniture export activities:

• Competitive labor costs: Vietnam offers affordable yet skilled labor for furniture production.

• Sustainability focus: Many exporters are adopting FSC-certified and eco-friendly practices.

• Technological upgrades: Automation and modern machinery have improved productivity and quality.

• Rising U.S. demand: The U.S. alone accounts for more than half of Vietnam’s furniture exports.

According to Vietnam trade data provider reports, furniture production clusters in Binh Duong, Ho Chi Minh City, Dong Nai, and Hanoi now contribute over 40% of total export revenues, making them vital hubs for the industry.

Challenges Facing Vietnam Furniture Exporters

Despite the impressive growth, Vietnam furniture manufacturer exporters face several challenges:

1. Overreliance on the U.S. market: More than 50% of exports go to the U.S., creating risks from economic or trade policy changes.

2. Compliance & certification costs: Meeting EU regulations like CBAM and strict timber legality checks adds financial pressure.

3. Logistics disruptions: High shipping costs and global supply chain volatility affect profit margins.

4. Lack of branding: Many exporters compete on cost rather than premium design or branding, limiting market diversification.

Future Outlook: Vietnam Furniture Export Beyond 2025

Looking ahead, the Vietnam furniture export sector is expected to maintain strong growth momentum, driven by:

• Expanding into EU, Middle East, and South American markets

• Investing in sustainable production practices

• Upgrading design capabilities and branding for premium segments

• Reducing dependence on a single market by diversifying globally

As per early Vietnam shipment data for Q1 2025, furniture exports rose 11.6% YoY, with the U.S. and Japan continuing to lead demand growth.

Conclusion

The Vietnam furniture export industry has grown into a global powerhouse, ranking as the second-largest furniture exporter worldwide. With leading Vietnam furniture exporters like Kaiser Group and Savimex Corp driving massive export volumes and rising demand from the U.S., Japan, and Europe, Vietnam’s furniture sector is set for continued success.

However, the future will depend on sustainability, innovation, and market diversification to reduce overdependence on key markets and ensure long-term growth. Supported by accurate Vietnam shipment data from reliable Vietnam trade data providers, businesses can make informed decisions and capture new opportunities in the global furniture trade.