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Chinas Toy Exports in April Reached 1.81 Billion US Dollars

2020-07-30 CTJPA

China's Toy Exports in April Reached 1.81 Billion US Dollars
According to statistics from the General Administration of Customs, China’s exports of goods from January to April 2020 were 4.74 trillion yuan, down 6.4% year-on-year; ASEAN became the largest export market, and its exports increased by 3.9% year-on-year; private enterprise exports fell 2.7% year-on-year, of which the decline was lower than the overall 3.7 percentage points, reflecting strong resilience. The exports of state-owned enterprises and foreign-funded enterprises decreased by 6.5% and 10.7% respectively year-on-year.
From January to April, China's non-game traditional toy exports amounted to US $ 6.24 billion, down by 15.9% year-on-year, of which, April's export value was US $ 1.81 billion, down by 10.4% year-on-year.
U.S. outdoor sports and toy retail sales increased by 51% year-on-year in April
According to data released by US NPD Group, US toy retail sales increased by 22% in April, and outdoor and sports toy products, including ride-on toys, water / beach toys, swimming pools, etc., increased by $ 193 million, an increase of 51% year-on-year.
The UK plans to gradually lift the “non-essential” retail industry
Boris Johnson has announced that the Government plans for all non-essential retail shops to reopen as of June 15.
Speaking at the Downing Street press conference, the PM set out his plans for the staged reopening of shops in England at his Downing Street press conference.
Mr Johnson also announced that outdoor markets and car showrooms can open in a week on June 1, provided they are "Covid secure".
He also urged people to go to the shops to help the economy bounce back.