In 2023, China will continue to maintain its advantage as the world’s largest vape manufacturer and exporter, with total exports of vape products reaching US$11.084 billion, compared with US$9.854 billion in 2022, a year-on-year increase of 12.50%.
In 2023, the United States will still be China’s largest vape export market, accounting for 27.98% with US$3.101 billion, followed by the United Kingdom. The United States, the United Kingdom, Germany, South Korea, Russia, Malaysia, the Netherlands, Canada, Australia, and the Philippines rank among the top ten markets for China’s vape exports. In 2023, China will export a total of 8.094 billion US dollars of vape to these ten countries, accounting for 73.02% of the total exports for the year.
The situation of China’s top ten major vape export markets in 2023 is shown in the following table:
| Table of major markets for China’s e-cigarette exports in 2023 | ||||
| Ranking | Market | Export volume (100 million U.S. dollars) |
Export share | Year-on-year comparison between 2023 and 2022 |
| 1 | USA | 31.01% | 27.98% | go up 0.40% |
| 2 | U.K. | 14.17% | 15.49% | go up 17.99% |
| 3 | Germany | 7.94% | 7.16% | go up 28.48% |
| 4 | South Korea | 7.05% | 6.36% | go up 35.32% |
| 5 | Russia | 5.22% | 4.71% | go down 0.76% |
| 6 | Malaysia | 3.85% | 3.47% | go up 22.61% |
| 7 | Netherlands | 3.76% | 3.39% | go up 46.30% |
| 8 | Canada | 3.02% | 2.72% | go down 0.66% |
| 9 | Australia | 2.92% | 2.63% | go up 47.47% |
| 10 | the Philippines | 2.00% | 1.80% | go up 146.91% |
Among them, China’s vape exports to seven countries: the United Kingdom, Germany, South Korea, Malaysia, the Netherlands, Australia, and the Philippines have increased significantly, while the United States, Russia, and Canada have seen smaller fluctuations compared with 2022.
About VECEE
Shenzhen Yocan Technology Co., Ltd. has been a leading healthy vaporizer manufacturer since 2013. We specialize in designing and innovating high-quality disposable vapes, pod systems, batteries, and other smoking products. It is to become an innovative electric vape pen and customized vape hardware technology company integrating R&D, design, manufacturing, and marketing.
Since 2013, Yocan’s business has expanded to more than 20 countries and 60 regions worldwide. Representative disposable vape products such as the VECEE FINO series, LUMOS series, ELLO series, NORA series, and KIKO series, and pod system products such as the VC30 PRO series, MAZE series, MAZE SE series, and VTEC PRO series are deeply loved by consumers. We have also established strong partnerships with major distributors from North America, Europe, Australia, South America, and the Middle East. For more information, please go to www.vecee.com.
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