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South Korea’s Vape Imports Hit US$14.49 Million in July

Sourth Korea Vape products devices import value

Sourth Korea Vape products devices import value

On August 16, according to the data released by South Korean customs, VPFIT counted the import of vape products in South Korea.

The overall import data of vape products in South Korea.

According to statistics, in July 2023, the import value of various vapes(including vape pens, vape pods, vape mods, etc) in South Korea was US$14.49 million. This value shows a year-on-year increase of 0.67%, and a month-on-month decrease of 17.58%.

In addition, the total vaping devices weight was 162.6 tons, a year-on-year decrease of 1.45%, and a month-on-month decrease of 8.45%.

Moreover, the average unit price was US$89.11 per kilogram, an increase of 2.15% year-on-year and a decrease of 9.98% month-on-month.

Average import price of major vaping devices importing countries in South Korea 2023

Average import price of major vaping devices importing countries in South Korea 2023

In July, China stands as the largest import source of vaping devices in South Korea, followed by Vietnam and Malaysia.

In July, South Korea’s largest importer of vaporizers was China, with an import value of US$8.46 million.

Firstly, China vape accounts for 58.41% of the total Korean vape import value. The total import weight of vapes from China is 116.3 tons. And the average import unit price of Chinese vape is US$72.77 per kilogram.

What’s more, the second largest importer of vapes in South Korea is Vietnam, with an import value of 5.31 million US dollars. Vietnam vapes accounting for 36.65% of the total import value. The total import weight of vapes from Vietnam is 38.3 tons. And an average import unit price of 138.64 US dollars per kilogram.

Moreover, the third largest importer is Malaysia, with an import value of 642,000 US dollars. The Malaysia vape accounts for 4.43% of the total import value of vapes in South Korea. That’s an import weight of 7.2 tons, and an average import unit price of 89.17 US dollars per kilogram.

Lastly, the vapes in South Korea import from other countries and regions only takes 0.51%.

major vaporizers importing countries(vapes from China stands the first)

major vaporizers importing countries(vapes from China stands the first)

About VPFIT:

VPFIT is leading China vape factory and supplier since 2010. As one of the earliest China vape manufacturer, VPFIT specialized in R&D, manufacturing, and marketing of various kinds of vaping devices. Their products include electronic cigarette, OEM vapes, nicotine vapes, nicotine free vapes, vape pen device, disposable vape pen, rechargeable vapes, refillable vapes, e cigar vapes, and atomizer. Nowadays, VPFIT has become one of the famous and top vape brands in the world.

VPFIT main products: vape pen, vape pods, vape mods, vape kits, vaporizers.
Product: e cigarettes, nicotine vapes, non-nicotine vapes, e cigar vapes, refillable vapes, disposable vapes, rechargeable vapes, OEM vapes, etc.