Poging GOUD - Vrij
Toy exports fall 14% after hitting peak in 2021-22
The New Indian Express
|May 08, 2024
Slowdown in the US and Europe, subsidies in China and Vietnam among major reasons
INDIA'S toy exports have hit the slow lane after showing spectacular rise since FY215.
After touching a peak of $177 million in FY22, exports of toys have been declining ever since.
As per the data collated by the Global Trade Research Institute (GTRI), toy exports have come down to $152 million in FY24. Simultaneously, there has been a rise in imports. Toy imports have risen 81% since FY22 to $65 million.
Dit verhaal komt uit de May 08, 2024-editie van The New Indian Express.
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