Highlights
Did you know? Children of all ages enjoy playing with toys and the different roles they can play in pretend games and fantasy worlds. There is ample proof that children's development depends on their ability to play with toys. Also, toys have always been a big part of childhood, and traditional toys have a rich and varied history in India. Alongside the nation's economic growth, India's toy retail sector has expanded dramatically over time. However, India has grown to be a significant player in the global toy market, and Indian exporters have a fantastic opportunity to establish themselves overseas.
In this blog, we will discuss the key steps and insights for toys export from India. Along with this, we will explore the toy exporters list, India toy exports, HS codes, and market overview.
As we know, the market for toys is huge and varied worldwide, and consumers are increasingly choosing safe and eco-friendly toys. Indian toys have become very popular due to their distinctive designs and cultural appeal, especially the traditional wooden and handcrafted ones.
However, the United Nations estimates that India has the world's largest population of children aged 0 to 14—more than 300 million.
Here is some market overview of Indian toys:
Presently, less than 0.5 percent of the world's toy export market comes from India. From $40 million in 2014-15 to $152 million in 2023-24, India’s toy exports have grown, but they have plateaued in the last two years. Also, India's top export markets for toys are the United States, the Netherlands, Denmark, and Sweden.
Here is the most recent table of India's leading toy-producing states:
| Major Toy Producing States in India | Values |
| Maharahtra | US$76.3 million |
| Uttar Pradesh | US$49.4 million |
| Karnathka | US$36.4 million |
The following states have a significant number of toy manufacturers: Madhya Pradesh, Gujarat, Delhi, Tamil Nadu, and Chhattisgarh. Among the cities with a significant concentration of toy manufacturers are Bengaluru, Chennai, and Mumbai.
Now, its time to analyze the most recent statistics on toys export from India:
Did you know? India's FY24 toy exports fall to $152 million.
As per toys exporter data, India's toy exports for the fiscal year 2023–24 (FY24) dropped to $152.34 million, a slight decrease from FY23, primarily as a result of a decline in global demand, the Center recently reported. In FY22, toy exports were valued at $177 million, but in FY23, they were valued at $103.89.
Between FY 2020 and FY 2022, exports grew slightly from USD 129.6 million to USD 177 million. However, according to the Economics Times report, exports dropped to USD 152.3 million by FY'2024.
Based on toys export data, India exported 43,404 shipments of toys between March 2023 and February 2024 (TTM). With 1,935 Indian exporters selling to 4,496 buyers, these exports represented a 1% increase over the previous 12 months.
| India Toy Exports | Total Shipments | Year-on-Year Growth | Toy Export Data (From Jan 2024 |
| Feb 2024 | 3631 | 17% | 7% |
During this time, 3,631 shipments of toys were exported from India in February 2024 alone. This represents a 7% sequential growth from January 2024 and a 17% year-over-year growth from February 2023.
India exports the majority of its toys to South Africa, Denmark, and the United States.
Global Toy Export Leaders:
| Rank | Country | Toy Export Data (Total Shipments) |
| 1 | China | 5,841,108 |
| 2 | Vietnam | 933,343 |
| 3 | United States | 753,990 |
China, Vietnam, and the United States are the top three toy exporters in the world. With 5,841,108 shipments, China is the top exporter of toys worldwide. Vietnam comes in second with 933,343 shipments, and the US comes in third with 753,990 shipments. Also, if you need the statistics on wooden toys export from India or toys HS Codes, visit our dashboard.
Indian toys are exported in a variety of forms:
Here is the list of top toy exporting countries or biggest toy exporters:
| Rank | Top toy exporting countries |
Toy Export Data (Values in Billons) |
| 1 | China | $59.1 |
| 2 | Vietnam | $4.3 |
| 3 | Czech Republic | $3.5 |
| 4 | Germany | $3.4 |
| 5 | United States | $3.1 |
| 6 | Japan | $2.4 |
| 7 | Poland | $2.2 |
| 8 | Netherlands | $1.9 |
| 9 | Hong Kong | $1.7 |
| 10 | Belgium | $1.28 |
Since 2022, the United States of America (up 54.4%), Mexico (up 51.6%), Vietnam (up 219%), and Hungary (up 94.3%) have been the fastest-growing exporters of all toys among the aforementioned nations. Also, Hong Kong, Spain, and Germany were the three main suppliers who reported drops in their overseas toy sales.
Here is the list of major toy exporters in India:
So, these are the top toy exporters in India. However, if you need the updated list of toy exporters or importers and India toy exports, you need to connect with Eximpedia.app.
Starting a toy export business can be an exciting and lucrative venture. With the market's increasing demand for toys, entrepreneurs have a lot of opportunity to capitalize on this sector. To start exporting toys from India, you may need legal documentation, supplier identification, etc.
Here are some key steps for toys export from India:
Documents Required for the Toys Export from India:
Now, move on to the essential steps to start a toy export business from India:
To analyze the buyers or importers, you simply need to visit the data-driven dashboard of Eximpedia.app. Here you can easily obtain the list of:
Eximpedia.app is a company that offers authentic, up-to-date, and trustworthy information about international trade for more than 130 countries. In addition, we provide an updated US importer list and US imports data.
Therefore, exporting toys from India is a profitable business opportunity, so long as exporters prioritize innovation, quality, and compliance. Indian toy exporters can establish a niche in the global market by focusing on their unique selling propositions, utilizing government incentives, and comprehending global market trends.
Also, Indian toys have the potential to continue making children happy all over the world and boosting the nation's economy with the correct strategies. However, if you still have any query regarding toys export from India or need the updated toy exporters in India or importers list, connect with Eximpedia’s data experts and schedule a free live demo today.
The main types of toys exported from India are: Soft toys, dolls, Sport toys, Building development toys, and educational toys Board games and puzzles.
As per toy export data, the largest exporter of toy is China, with an export value of $59.1.
As per toy exporter data, the United States, the United Kingdom, Germany, Mexico, and the Netherlands are the top importers of toys from India.
Based on toys importer data, China, Vietnam, the Czech Republic, Germany and the United States are the top toys importing countries.
According to toy export statistics, the top toy exporters are China, Vietnam, Czech Republic, Germany and United States
With over 86% of all toy exports worldwide, China is the biggest toy exporter in the world. China exported $59.1 billion worth of toys in 2023, accounting for 61.6% of all toys exported.
Toys export from India
Toys export from India to USA Toys export from India to Germany
Top Toys HS Codes
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