Sofas and Armchairs - International Trade in Q2-2023:Top Markets' Performance by Major Competitors

Sofas and Armchairs - International Trade in Q2-2023:Top Markets' Performance by Major Competitors
In Q2-2023 (pre-estimates) world trade of Sofas and Armchairs recorded a new year-over-year sharp decrease of -18% in $, after -24.3% y-o-y in Q1-2023. In cumulative terms, in H1-2023 world trade of Sofas and Armchairs recorded an overall year-over-year decrease of -21.2% in $.

As regards major competitors, in H1-2023 Vietnam and China recorded the worst performances compared to H1-2022.

Information contained in this report is derived from the ExportPlanning Database, that was developed from the UN(Monthly Comtrade), Eurostat (db Comext) and US Census Bureau (db UsaTrade) databases.

Iformation contained in this report is the result of the following data mining techniques:

management of missing statements;
management of missing measures;
management of outliers;
nowcasting;
seasonal adjustment procedure.