Issue link: https://read.dmtmag.com/i/1531857
34 tobaccoasia Issue 1, 2025 January / February By 2FIRSTS On November 20, the General Administration of Customs of China released updated e-cigarette export trade data for November 2024. The data shows that in November, China's total e-cigarette export value was approximately US$930 million, representing a month-on-month increase of 4.7% and a year-on-year decrease of 1.2%. The export volume was around 22,000 tons, with a month- on-month increase of 6.37% and a year-on-year increase of 0.37%. US Continues to Lead, while Germany surpasses South Korea to move into 3 rd place Data shows that the top five export markets are the US, UK, Germany, South Korea, and Malaysia. The US took the top spot with US$327 mil- lion, accounting for 35.20% of the global market share. It achieved double-digit growth year-on- year and quarter-on-quarter, with a 16.69% in- crease compared to the previous quarter and a 22.53% increase compared to the previous year. Following behind is the United Kingdom and Germany, ranking second and third with Global Report: China's E-Cigarette Export Markets US$88.05 million and US$64.96 million respec- tively. The export volume to the UK has decreased by 22.57% compared to the previous period and by 7.56% compared to the same period last year. Although the UK's export amount is not even one-third of the US', it still remains a leader in the European region. Exports to Germany increased by 14.58% month-on-month and 43.44% year-on-year, mov- ing from 4th place in October to 3rd place this month, making it the largest e-cigarette market in the European Union. Exports to South Ko- rea reached US$61.2 million, increasing by 6.96% month-on-month but decreasing by 19.52% year-on-year. Exports to Malaysia amounted to US$31.5 million, decreasing by 16.84% compared to the previous month but increasing by 16.01% compared to the same period last year. In addition, the other five countries that made it into the top 10 are Canada (US$28.87 million), Russia (US$25.70 million), the UAE (US$25.58 million), the Netherlands (US$24.64 million), and Indonesia (US$22.80 million). China continues to be at the forefront for the development and manufacturing of e-cigarettes.