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Sold out! China’s exports of heat-prevention products are hot: orders for electric fans are lined up until the end of next month

China sees boom in exports of heat-protection products

According to the Global Times on July 4, this year, many countries have experienced extreme hot weather, and according to the latest forecast of the World Meteorological Organization (WMO), the possibility of an El Niño phenomenon between June and August this year is close to 70%. Dramatic changes in weather have a significant impact on global commodity trading, electric fans, air conditioners, car mini-fridges, sunscreen clothing and a series of heat-protection products in this year to usher in the export peak.
In Mexico, for example, according to the Mexican daily news network reported on June 28, Mexico’s National Statistics Institute (INEGI) data show that from January to April this year, the demand for fans and air conditioners compared to the same period last year increased by 18.9%. Demand for such equipment grew a further 18 percent between May 29 and June 12, according to a report by online retailer Mercado Libre.
The high summer temperatures continue to boost the booming market for summer cooling appliances such as air conditioners and electric fans. Customs data show that since the beginning of this year, “China’s hometown of small household electrical appliances” Shunde, Guangdong Province, Thailand, Iraq and other countries to export electric fans, air conditioners, refrigerators and other electrical appliances, the export value has reached 8.09 billion yuan.
Exported from Shenzhen, Guangdong Province, electric fans, sunscreen clothing and other products have also increased significantly. Shenzhen Customs data show that in the first five months of this year, the total value of electric fans exported from Shenzhen ports amounted to 13.55 billion yuan, an increase of 27% year-on-year, of which the export value to the EU market alone reached 2.14 billion yuan, an increase of 64%.
A businessman exporting electric fans from Zhejiang told the Global Times that in the first half of this year, the supply of electric fans exceeded demand, and orders have been lined up until next month.

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