Although India’s share in the world toy trade has marginally improved, it still lags behind China’s. Toys are not China’s main item of export, but about two-thirds of the toys sold globally are from China.
The world exported toys worth $73.2 billion in 2021: China accounted for 66.2 per cent, or $48.5 billion of that, out of which mainland China made up $46.1 billion and Hong Kong $2.4 billion. By comparison, India’s toy exports were a minuscule 0.23 per cent of the world’s toy exports.
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