Influential Factors of Wooden Furniture Export Growth from China to the United State: An Analysis Based on CMS Model

After China' s joining WTO in 2001, the export trade of wooden furniture has developed significantly and China has become the largest exporter of wood furniture in the world since 2006.This paper summarizes the status of China's wooden furniture exports to the United States, and focuses on the analysis of export scale and the product structure, aiming to reveal the steady growth of China's exports of wooden furniture.The extended constant market share model (CMS) is used to analyze the causes of the growth of China's wooden furniture exports to the United States from 2002 to 2016.It points out that the export growth of wooden furniture in China depends mainly on the rapid growth of market demand in the United States.The adjustment and optimization of the product structure has also slightly promoted the growth of the export of wooden furniture, but the structure still cannot adapt to the changes of demands; the contribution of competitiveness has declined.While in 2016, the product structure of wooden furniture export in China has improved to adapt to the demand structure in the United States.In order to promote the long-term and stable development of China's wooden furniture export trade, we should improve the information service and policy guidance, improve product quality, promote industrial upgrading, adjust the export product structure and deal with trade barriers actively.