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Recently, the top vape manufacturer, VPFIT is analyzing the China vape export data to UK in July 2023 and the UK vaping market and we have find something.
On September 25, VPFIT analyze the vape import and export data in July released by the British Customs and Excise Department (HMRC) and China Customs.
According to the data from UK customs, the import value of China vapes to UK in July is 101.33 million USD. The import volume is 24.66 tons.
However, according to China customs, the export value of Chinese vapes to UK in July is 134.25 million USD. The export volume is 31.80.
Thus we find that the UK’s imports value data of vapes from China in July is only 75.48% of the data released by China Customs. And the UK’s import volume of China vapes is only 77.53% of China’s data.
Why these data are different so much?
According to VPFIT’s research information in the German market, the EU is facing a large number of resales of British vapes. As the UK vape market matures and market competition becomes fierce, some UK traders are selling vapes to other countries, especially vape from China.
What’s more, among the main EU countries, Ireland, Spain and France are the main exporters of vapes from the UK dealers.
Chinese vapes are the main vapes the the UK dealers are selling to EU.
More specifically, the main source country and region of vapes that UK selling to EU is China ( 76.47%), Hong Kong, China (10.04%), South Korea (4.96%).
Data shows that the UK’s main import ports are London Heathrow (76.98%), Felixstowe (8.11%), and Manchester Airport (7.62%).
This is also a good opportunity to both the vape brands and vape manufacturers from China. The Chinese vape brands and manufacturers can cooperate with UK dealers together to expend the EU vape market.