Shanghai Cosmetics Imported Volume Down 8.26% From Jan to Apr

From January to April, the cosmetics import volume in Shanghai was 48.66 tons, down 8.26% compared to the same period in 2022. The import value was 17.142 billion yuan ($2.43 billion), up 7.70% compared to 2022.

---

On May 22, Shanghai Customs revealed that in the first four months of this year, the total import and export value of Shanghai was 13.9 trillion yuan ($1.97 trillion), a year-on-year increase of 13.5%, which was 7.6 percentage points higher than the national level. Among them, exports value reached 558.65 billion yuan ($79.26 billion), an increase of 16.3%, imports value reached 834.57 billion yuan ($118.40 billion), saw growth of 11.6%.

In April, the import of cosmetics and beauty products was 12.85 tons, a year-on-year increase of 1.82% with the import value of 4.189 billion yuan ($594.29 million), a year-on-year increase of 2.26%. From January to April, the import volume was 48.66 tons, down 8.26% compared to the same period of 2022. The import value was 17.142 billion yuan ($2.43 billion), up 7.70% compared to 2022.

In April, Shanghai exported 5.94 tons of cosmetics and beauty products, which saw a growth of 205.90% compared to the same period in 2022. The export value reaches 479 million yuan ($67.96 million), a year-on-year increase of 294.88%. From January to April, the export volume was 21.1 tons, a year-on-year decrease of 12.23%. While export value was 1.521 billion yuan ($215.78 million), a year-on-year increase of 23.38%.

According to previous reports, China imported 32,167.8 tons of cosmetics, beauty products, and toiletries in April, with an import value of 10.97 billion yuan ($1.56 billion). From January to April, the cumulative import volume was 121,779.7 tons, a year-on-year decrease of 8.1%, the cumulative import value was 46.02 billion yuan ($6.53 billion), a year-on-year decrease of 3.7%.