Toy exports have achieved growth against the trend, and the economy of eastern Guangdong is recovering. The export of toys in the first five months increased by 11.7%

In this year when the epidemic has continued, the economy of all walks of life has experienced a period of development bottleneck. Customs data shows that the export of Guangdong toys has experienced a reverse growth and the overall recovery has become a great news for the development of the toy industry. In May of this year, the eastern Guangdong region (Shantou City, Meizhou City, Shanwei City, Chaozhou City, and Jieyang City) imports and exports of 12.43 billion yuan increased by 12.9% month-on-month, achieving growth for three consecutive months, showing an overall recovery trend. Among them, exports were 10.26 billion yuan, a month-on-month increase of 22.6%... Toy exports in Eastern Guangdong achieved bucking the trend. The export of toys in the first five months increased by 11.7%. , Chaozhou City and Jieyang City), the import and export of 12.43 billion yuan (RMB, the same below), an increase of 12.9% month-on-month (compared with the previous month, the same below), achieved growth for three consecutive months, showing an overall recovery trend. Among them, exports were 10.26 billion yuan, a month-on-month increase of 22.6%. According to customs data, in the first five months of this year, other trade exports in eastern Guangdong, mainly through market procurement and cross-border e-commerce, were 9.74 billion yuan, a sharp increase of 2.2 times. During the same period, the main export destinations in eastern Guangdong were ASEAN, Hong Kong, the United States, the European Union and other countries and regions, and the main export commodities were labor-intensive products, mechanical and electrical products and ceramic products. The data also shows that exports have generally slowed down due to the epidemic. However, driven by the new business model, the export of Guangdong toys has achieved bucking growth. The export of toys in the first five months was 6.46 billion yuan, an increase of 11.7%, of which exports to the Middle East increased. 46%, and exports to South Korea and Vietnam both achieved substantial growth of over 90%. In terms of imports, in the first five months of this year, imports from the East Guangdong region from ASEAN increased by 32.8%, of which imports from Indonesia increased by 56.8%, and cooperation with Southeast Asia further deepened; among imported goods, imports of integrated circuits increased by 37.4% year-on-year.