China Customs: E-Cig Export Soars 96% YoY in March
The General Administration of Customs of China has released updated data on e-cigarette exports for March 2023, showing a significant growth in the industry. The figures reveal a 71.9% month-on-month (MoM) rise and a staggering 96.6% year-on-year (YoY) increase in exports.
According to the data, the value of exported Electronic Nicotine Delivery Systems (ENDS), E-vapor, or other non-combustible nicotine inhaling products in March 2022 was ¥3,428,730,285.00. In comparison, February 2023 recorded ¥3,920,760,626.00 in exports, while March 2023 saw a substantial jump to ¥6,739,197,990.00, as shown in the chart below.
This significant growth in e-cigarette exports demonstrates a robust demand for vaping products in the global market.
Reference:
General Administration of Customs of People's Republic of China
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