China is the world’s largest toy producer and exporter, more than 70% of toys on the global market, are produced in China. It can be said that the toy industry is an EVERGREEN TREE of China’s foreign trade, 2016 to 2021, China’s toy exports to achieve five consecutive years of growth, and the first eight months of this year, China’s cumulative toy exports of $ 31.68 billion, an increase of 20.2%.
Chenghai District in Shantou, Guangdong Province, is known as the toy capital of China, and toys produced here have been sold to more than 150 countries and regions around the world.
November to December is the prime time for global toy sales, and for Chinese toy manufacturers, this is the peak shipping season.
Yantian Port in Shenzhen, China is an important hub port for China’s toy exports, but also the world’s largest single container port, where toys produced in China are shipped to Europe, America and other major global trade channels through 89 foreign trade routes. At the berth of the wharf, there are neat and colorful containers placed on one side, in addition, the loading work is also in intense progress, 24 hours a day without rest operation.
Sea transport with its large capacity, suitable for long-distance transport and other advantages, has been the most important mode of transport for foreign trade enterprises of toys in the Pearl River Delta region. According to the data provided by the Shenzhen Customs, Shenzhen port international liner routes to more than 100 countries and regions around the world, more than 300 ports. In order to cope with the peak export season, the Customs is speeding up the efficiency of customs clearance and inspection of goods.
Shenzhen Customs Commodity Inspection Division, mechanical and electrical products and consumer goods business section chief Gu Kaiming said, “Now is the peak season for export toys, we vigorously promote the international trade single window to achieve quick declaration, fast customs clearance.”
After loading, the ship full of toys made in China was launched and set sail. Statistics from the General Administration of Customs show that from January to August this year, China’s cumulative toy exports amounted to $31.677 billion, up 20.2% year-on-year. From the perspective of export regions, the United States, Japan and the United Kingdom are still the main exporters of Chinese toys.
From January to August 2022, exports of kids piano toys wholesale to the United States grew 27.2% year-on-year, exports to Mexico grew 40% year-on-year, exports to Japan grew 32.3% year-on-year, and exports to Malaysia and Vietnam both grew more than 58%. China’s toy industry has developed through industrial clustering, forming a highly concentrated industrial chain supporting and cost-effective advantages.
