Chinese E-cigarette Exports to South Korea in November 2023

Industry Insight by Mincy
Jan.04.2024
Chinese E-cigarette Exports to South Korea in November 2023
China's e-cigarette exports to South Korea in November 2023 reached $76.05 million, with a YoY growth of 28.37%.

According to the updated trade data from the General Administration of Customs of the People's Republic of China, 2FIRSTS has compiled e-cigarette export figures to South Korea for November 2023. The details are as follows:

Chinese E-cigarette Exports to South Korea in November 2023
Image source: 2FIRSTS (created by Mincy Jiang)

 

Export value reached approximately 76.05 million US dollars, registering a sequential growth of 9.79% and a year-on-year growth of 28.37%.

Chinese E-cigarette Exports to South Korea in November 2023
Image source: 2FIRSTS (created by Mincy Jiang)

 

The export volume reached approximately 3.73 million tons, showing a month-on-month increase of 13.30% and a year-on-year growth of 149.87%.

Chinese E-cigarette Exports to South Korea in November 2023
Image source: 2FIRSTS (created by Mincy Jiang)

 

The export unit price for "e-cigarettes and similar personal electronic vaporizing devices" dropped by 3.1% month-on-month and 48.63% year-on-year to $20.37 per kilogram. The average price for these devices was $2.43 per unit.

Chinese E-cigarette Exports to South Korea in November 2023
Source of the image: 2FIRSTS (created by Mincy Jiang)

 

Among them, "e-cigarettes and similar personal electronic vaporization devices" accounted for 5.53% of the export categories, while "non-combustible products without tobacco or reconstituted tobacco, containing nicotine for inhalation" accounted for 94.47%.

Chinese E-cigarette Exports to South Korea in November 2023
Image source: 2FIRSTS (created by Mincy Jiang)

 

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