Hanoi – The Ho Chi Minh Metropolis Handicraft and Woodworking Affiliation (HAWA) consulted Vietnamese enterprises on exporting household furniture and inside decorating goods to Canada, a promising current market for Vietnam-centered companies.
According to HAWA, the high demand from customers and favourable impacts of the Extensive and Progressive Settlement for Trans-Pacific Partnership (CPTPP) are factors generating Canada a market place with excellent prospective for Vietnamese home furniture and interior decorating products and solutions.
In accordance to marketinsightsreports.com, Canada’s home home furnishings sector is forecasted to increase 6 per cent each and every yr in the 2021 – 2025 period of time.
Stats showed that in 2021, Vietnam’s export of picket home furniture to Canada attained $416.4 million, up 27.4 p.c 12 months on year and accounting for 16.7 per cent of Canada’s overall expending on the products in the 12 months.
Currently, Vietnamese products have been available in big supermarket chains in Canada these as COSTCO, IKEA, and LEON’S. Specially, conquering the Canadian sector will also open up up odds for Vietnam to increase exports to other Northern American marketplaces.
At the session session, the Vietnamese Trade Counselor and head of the Vietnamese Trade Business office in Canada Tran Thu Quynh briefed contributors on the latest market scenario and issues in the Canadian market and the assist that the business office can give to Vietnamese exporters.
In addition, Pham The Huy, To start with Secretary at the Vietnamese Trade Business office in Canada highlighted restrictions, requirements, and disorders for exporting wood home furnishings and house decorates to Canada.
Reps from some big Canadian importers will share their experiences with Vietnamese exporters.