Construction machinery main export market
Release time:
2021-11-12
Author:
Source:
Abstract
Middle East: With its huge infrastructure scale and rapid growth of market demand, China's construction machinery exports provide greater exposure. Saudi Arabia, the United Arab Emirates and other countries have become the top ten export target countries for a variety of construction machinery products in China.
Africa: With the acceleration of urbanization and the promotion of infrastructure construction, the demand for construction machinery has gradually increased. South Africa, Egypt, Algeria and other African GDP top ten countries have become an important export market for China's construction machinery.
Russia: Benefiting from the dividend brought by geopolitical factors, European and American brands have withdrawn from the Russian market, and Chinese brand awareness has been rapidly improved in Russia, and its market share has doubled.
United States: In the first three quarters of 2024, the number of excavators and loaders exported to the United States reached 39,000 and 21,000 units, respectively, an increase of 56.7% and 325.3%. The United States has become China's largest export market for excavators and loaders.
Southeast Asia: Infrastructure construction in Indonesia, Vietnam, Malaysia and other countries continues to advance, driving the demand for construction machinery market.
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