Toy exports increased by 39.5% year-on-year, hitting a new high
From January to November 2021, the export value of Chinese toys (excluding games) exceeded US$40 billion, reaching US$41.979 billion, a year-on-year increase of 39.5%.
Since the founding of PRC, it took 50 years for China’s toy exports to go from 0 to USD $10 billion, 7 years from USD $10 billion to USD $ 20 billion, and 2 years from USD $ 20 billion to USD $30 billion. It only took less than a year from USD $30 billion to USD $40 billion.
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