Construction machinery export overview
Release time:
2022-07-28
Author:
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Abstract
Export growth: From January to November 2024, China's cumulative exports of construction machinery products reached 47.82 billion US dollars, an increase of 7.3%. Among them, the total export of excavators reached 7.49 billion US dollars, down 2.8% year-on-year, but the decline trend continued to improve, market demand picked up, and exports in November increased by 31.0% year-on-year.
Export regional structure: construction machinery export regional structure tends to be diversified, on the basis of consolidating Asia and the "Belt and Road" market, but also strengthened in Europe, Latin America, Africa and other markets layout. From the perspective of global market distribution, 72.67% of China's excavator exports are concentrated in countries and regions along the "Belt and Road".
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