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According to the data of the General Administration of Customs of China, VPFIT has compiled statistics on China’s vape products exports from January 2023 to June 2023.
From January to June 2023, the export value of China’s vaping products is US$5.482 billion, a year-on-year increase of 29.2%. This data is equivalent to 55.45% of the annual export value in 2022.
In addition, from January to June 2023, the total export volume of China vape pen products is about 104,000 tons. This is a year-on-year increase of 54.3%, which is equivalent to 63.7% of the annual export volume in 2022.
Among them, April is the month with the highest export value of vape products, which is about 1.034 billion US dollars. The month with the highest export volume is about 20,100 tons.
Data show that during the period from January to June 2023, the export value of China’s disposable vape pens reaches 3.831 billion US dollars. The disposable vapes are accounting for about 70% of the total export value of China vapes. And the average monthly export value of disposable vapes is about 638 million US dollars.
Moreover, the export value of other vape pen products is 1.652 billion US dollars, accounting for about 30% of the total export value of China vapes. The average monthly export volume is about 275 million US dollars.
It is worth noting that, except for February, the export value of disposable vape pens in the first half of this year accounted for a constant growth in the entire vaping category.