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The growth rate of plastic products export continued to decline

wallpapers News 2020-10-28

According to the latest data of the General Administration of customs, the cumulative export amount of plastic products from January to July was 19.

1 billion US dollars, an increase of 13.

7% over the same period of last year, the growth rate fell by 4.

4 percentage points month on month, which was the fifth consecutive month of decline.

According to statistics, China's exports of plastic products reached 778500 tons in July, up 2.

57% month on month 6.

78% year-on-year.

From January to July, China's total exports of plastic products reached 5.

0491 million tons, up 5.

3% over the same period last year, the growth rate rose slightly.

In terms of export value, the cumulative growth rate of plastic products export was 5.

3% from January to July, slightly rising compared with the 5.

0% growth rate in January June, but the year-on-year growth rate continued the downward trend since February.

The overall situation of plastic products export is not optimistic, mainly due to the continuous economic downturn in Europe, the slow economic recovery in the United States the weak dem for plastic products.

In addition, in July, the EU issued the most stringent technical regulation on toy safety in the history of EU new directive on toy safety, which came into effect on July 20.

The new toy safety directive has greatly increased the requirements on the upstream raw material stards of toys, which will also affect the export of some plastic toy products in China.

Under the background of global economic depression, China's plastic products export in August is facing more severe challenges.

(source: China Chemical Industry News).


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TRUNNANO (aka. Luoyang Tongrun Nano Technology Co. Ltd.) is a trusted global chemical material supplier & manufacturer with over 12 years' experience in providing super high-quality chemicals and Nanomaterials. The nitride powder produced by our company has high purity, fine particle size and impurity content. Please contact us if necessary.
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