How is Chenghai's Toy Market Doing This Year?

According to customs statistics, in the first four months of this year, the total value of my country's foreign trade imports and exports was 13.32 trillion yuan, a year-on-year increase of 5.8%, of which exports were 7.67 trillion yuan, a year-on-year increase of 10.6%. Among them, there is the contribution made by our country's baby and children's products. China is a major exporter of baby products, and 75% of the world's toys are produced in China. So how does Shantou Chenghai's toy market perform this year?

According to the "2023 White Paper on the Development of China's Toy and Baby Products Industry" released by the China Toy and Baby Products Association not long ago, the export value of China's toys (excluding games) in 2022 will be 48.36 billion US dollars, an increase of 5.6% over the previous year.

Chenghai, Shantou is known as the capital of toys in China, and its export data continues to grow. In the first two months of this year alone, Shantou’s toy exports reached US$290 million, a year-on-year increase of 31.1%.