China's E-cigarette Exports Reach Record Highs in 2023

According to data released by Chinese customs, China exported approximately $7.29 billion worth of e-cigarettes (including personal electronic vaporizers and other nicotine-containing non-combustible products) from January to August 2023. This corresponds to a total weight of 144,172,540 kilograms or 144,100 tons. The average export price of e-cigarettes during this period was $51.14 per kilogram. In Chinese currency, the total export value amounts to approximately RMB 53.27 billion.

According to data, the export volume in April reached $1,034,843,994, approximately $1.035 billion (around RMB 7.5 billion), marking the highest export volume in the first eight months of the year. Since April, the e-cigarette export quantity has remained at around 20,000 tons. In July, the export volume of e-cigarettes reached 20,300,718 kilograms, approximately 20,000 tons, setting a record for export volume in 2023. Starting from February, the export unit price of e-cigarettes has continuously declined, dropping from $57.53/kg at its peak in February to $44.38/kg in August, a decline of 22.85%.