From January to May 2023, the export of construction machinery products increased by 30.4% year-on-year, and Russia is still the largest exporter!
2023-07-13 10:02According to customs data, from January to May 2023, China's import and export trade volume of construction machinery was 21.841 billion US dollars, an increase of 27.2%. Among them, the import value was 1.091 billion US dollars, down 12.9%; The export value was US $20.751 billion, an increase of 30.4%, and the trade surplus was US $19.66 billion, an increase of US $5.04 billion.
In terms of imports, the import of parts and components was 754 million US dollars, down 4.1% year-on-year. Total machine imports of US $336 million, down 27.8%. The main products of import growth are: crawler excavators, stackers, bulldozers below 320 horsepower.
In terms of exports, the export of parts and components was 6.149 billion US dollars, an increase of 8.69%. The export of the whole machine was 14.602 billion US dollars, an increase of 42.4%. From January to May, the main machine exports increased are: crawler excavators, electric forklifts, loaders, internal combustion forklifts, other truck cranes, elevators and escalators, off-highway dump trucks, etc. Exports decreased mainly: concrete pump trucks, pile drivers and engineering drilling RIGS.
In terms of main export countries, from January to May 2023, the export to the Russian Federation was 2.848 billion US dollars, an increase of 217.71%; Exports to India $735 million, an increase of 35.1%; Exports to Africa and Latin America reached 3.536 billion US dollars, up 22.4% year on year; Exports to ASEAN reached 3.214 billion US dollars, up 9.9% year on year; Exports to the EU and the UK amounted to US $2.867 billion, up 13.9% year on year; Exports to the United States $1.862 billion, an increase of 12.65%, accounting for 8.97%. Russia is still the largest single country export market for Chinese construction machinery.