Chinese E-cigarette Exports to Philippines Increase Significantly in November

Industry Insight by Mincy
Jan.03.2024
Chinese E-cigarette Exports to Philippines Increase Significantly in November
China's e-cigarette exports to the Philippines in November 2023 reached $26.29 million, with a YoY growth of 249.28%.

According to updated trade data from the General Administration of Customs of the People's Republic of China, 2FIRSTS has analyzed the e-cigarette export figures from China to the Philippines in November 2023. Here are the details:

Chinese E-cigarette Exports to Philippines Increase Significantly in November
Image source: 2FIRSTS (Mincy mapping)

 

Exports reached approximately $26.29 million, marking a month-on-month growth of 56.22% and a year-on-year growth of 249.28%.

Chinese E-cigarette Exports to Philippines Increase Significantly in November
Image source: 2FIRSTS (Graphics by Mincy)

 

The export volume reached approximately 690 tons, with a month-on-month growth rate of 73.66% and a year-on-year growth rate of 300.87%.

Chinese E-cigarette Exports to Philippines Increase Significantly in November
Source of the image: 2FIRSTS (Designed by Mincy)

 

The export unit price decreased by 10.04% on a monthly basis and 12.87% on a year-on-year basis, reaching $38.09 per kilogram. Meanwhile, the average price of "e-cigarettes and similar personal electronic vaporizers" was $3.84 per unit.

Chinese E-cigarette Exports to Philippines Increase Significantly in November
Image source: 2FIRSTS (created by Mincy)

 

Among them, "e-cigarettes and similar personal electronic vaporizer devices" accounted for 6.14% of the export product category, while "non-combustible products containing nicotine, excluding tobacco or reconstituted tobacco" accounted for 93.86%.

Chinese E-cigarette Exports to Philippines Increase Significantly in November
Image source: 2FIRSTS (Mincy artwork)

 

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