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Recently, China Customs releases the China export data in July. VPFIT, the leading vape manufacturer from China, analyzes the export data of Chinese vape to German in July. Let’s see it.
Trade data updated by the General Administration of Customs of China show that China vape exports to Germany in July were 979,259 kilograms, nearly 979 tons. It is a month-on-month decrease of 9.70% and a year-on-year increase of 298.43%.
The total China vape export volume is approximately US$69.36 million (approximately RMB 506 million). This data shows a decrease of 20.95% compared with June 2023, and an increase of 138.75% compared with the same period in 2022.
Moreover, The average export unit price of vapes from China is US$70.84/kg. It is a month-on-month decrease of 12.46% and a year-on-year decrease of 40.08%.
The General Administration of Customs of China recently updates the vape export trade data in July 2023. China’s vape export volume in July is 20,300,718 kilograms, or 20,300 ton. It is a month-on-month increase of 3.21% and a year-on-year increase of 48.71%.
Since April, although the monthly export volume is fluctuating, the overall export volume is keeping at around 20,000 tons.
However, it is worth noting that although the export volume of Chinese vapes gets increase, the export value gets decrease.
China’s vape product exports in July were approximately US$926 million (approximately 6.661 billion yuan). The data shows a decrease of 1.68% compared with June 2023, and an increase of 8.01% compared with the same period in 2022.
The above is the main China vape export data in July. VPFIT, as top vape manufacturer in China, comments that these data will provide some guidance for the vape practitioners.
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