Machinery / Industrial Parts & Tools

In recent years, with the gradual expansion of the international trade market, the innovation of China's construction machinery industry has gained more recognition. The relevant person in charge of a construction machinery enterprise in Changsha, Hunan Province, said that since this year, the international trade market of excavators has been very popular, and micro excavators are most favored by European and American markets. In recent years, China's export of various construction machinery products, including excavators, has maintained a high growth trend.

According to the data of the Ministry of Industry and Information Technology, China has formed 22 categories of construction machinery products, becoming one of the countries with the most complete product categories and varieties, among which the output of excavators, cranes, loaders and other major products ranks first in the world. According to the statistics of China Construction Machinery Industry Association on 26 excavator manufacturers, in the first 10 months of 2022, China exported 89457 excavators in international trade, a year-on-year increase of 67.3%. In addition, in the first 10 months of this year, the export value of China's construction machinery in international trade reached 36.521 billion US dollars, up 34.2% year on year.