Machinery / Industrial Parts & Tools

Usually June to August is the traditional off-season for the construction machinery industry, but this year is a little different. Overseas sales of construction machinery are very hot.

It is understood that in the first half of the year, affected by the hot overseas orders, the overseas sales of many construction machinery companies have achieved substantial growth, and some companies have even hit record highs. But even so, some overseas areas are still out of stock.

Shanhe Intelligence said that in the first half of this year, exports increased by 60% year-on-year, of which the growth of excavators reached 80%, and the growth of mining equipment reached 200%. Export sales of excavation machinery and mining equipment hit a record high.

According to data from China Construction Machinery Industry Association, from January to June 2022, the import and export trade volume of my country's construction machinery was 21.391 billion US dollars, a year-on-year increase of 25.2%. Exports in each month were at the highest level in history for the same month.