Himfr.com reports Fujian province's toy exports significantly warmer
From Fuzhou Customs and Excise Department was informed that in August this year, Fujian's export volume reached 18.23 million U.S. dollars Toys, an increase of 34.7%, growth of 14.4%, reaching in 2008 the highest since the value of monthly exports.
It is understood that from January to August this year, total value of exports in Fujian toys for 82.5 million U.S. dollars, up 14.8%. In particular, in June, the Min-standing toy exports, to pick up, monthly exports are in double-digit growth year on year, monthly exports of scale back on more than 10 million U.S. dollars, and expand month by month. Fuzhou Customs analysts believe that the recent countries to help toy companies to weather the financial crisis, issued a series of support measures to effectively enhance the export competitiveness of enterprises. Together with toys from June to September is the traditional sales season, some recovery of foreign toy market, thus boosting the past three months, significantly warmer toy exporters in Fujian Province.
Fujian, Inspection and Quarantine Bureau also stated that the financial crisis, Europe and the United States and other countries have significantly reduced toy orders, resulting in a decline in total inventory toys, with the current market confidence restored, need to replenish the stock. Some enterprises have also increased in the province for new product development, stressed the practical ability of the DIY toys, assembled toys, chess and other puzzle toys, musical instruments, toys become a new bright spot in the export, it got Europe and the United States and other developed countries and regions in Japan a large number of orders. More enterprises are increasing diversification of the export market development, is no longer rely solely on the company outside the office or other foreign company to take orders.
However, the current international market, the technical standards for toy products constantly improve, and our toy products have recently been recalled, toys recovery in exports is likely to be a stumbling block on the road.v
