Chinese exports rally again

After a dip in September, Chinese toy export rose in October as Christmas approaches.
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Affected by the series of toy recalls from China, the toy export volume of China’s Guangdong province, the country's top toy export region, dropped US$5.78 million to US$710 million in September, a first-ever regression on sequential growth.

As Christmas demand grows, toy exports from Guangdong province grew by US$39 million from September to US$749 million in October, with an increase of 27.6% from the same period last year.

In the heavily affected US market, Guangdong province also saw a year-on-year growth of 20.9 per cent in October. In addition, the province’s toy exports to 27 EU nations surged by 51.3 per cent in October.

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