With the external market demand continues to pick up the arrival of the traditional export season, accounting for exports of Chinese toys, Qi Cheng, Guangdong toy exports showed good growth. 2010, 7 months, the province's toy exports to ASEAN reached 240 million U.S. dollars, a substantial increase of 79%.
Guangzhou Customs statistics released on the 18th show, the first 7 months of the Guangdong toy exports more than 3.3 billion U.S. dollars, up 29% over last year. Single-July export value of 750 million U.S. dollars, up 26%, growth of 34%, the highest monthly maximum value this year.
Guangzhou Customs explained that the FTA was implemented, the effectiveness of emerging markets to open up significantly. 7 months before the Guangdong toy exports to ASEAN 240 million U.S. dollars, a substantial increase of 79%; the same period, the United States, the European Union and Hong Kong both traditional export market growth of more than 2 percent, which accounted for U.S. toy exports total 35% over the same period.
Concern is that the export season with the arrival of toys, product quality and safety risks are further increased, recalls occur frequently. This year in July, Health Canada issued a recall of a total of 34 communications, of which 18 involved products from China, the recall of Chinese products, ranking first in the toy, a total of 6 cases; Aug. 5, United States Consumer Product Safety Commission, Health Canada and the company's Fisher-made miniature camping in a voluntary recall of toy package, the quantity of goods to be recalled about 11 million.
Although the export situation is gratifying, but reminded the Chinese toy industry still faces many unfavorable factors. First, the increasing export trade barriers, increase export business difficult. Second, the slowdown in global economic recovery, toys as a non-necessities of life, market demand and rapid growth in the short term is difficult. In addition, the Guangdong toy companies mainly OEM-based, labor-intensive industries with lower profit margins, payroll costs, rising raw material costs brought on the toy manufacturing industry pressure. (CNS)