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Export value of construction machinery increased by 33.4% in the first two months
BEIJING, March 25—(Reporter Li Xinping) The reporter learned from the China Construction Machinery Industry Association: In the first two months, my country’s import and export trade volume of construction machinery was $11.072 billion, up 31.4% year over year. Of this, the export value was $10.686 billion, up 33.4% year over year.
Judging by export destinations, exports of construction machinery products to all major continents recorded growth. Among them, exports to Africa increased by 77%, exports to Oceania grew by 50.6%, and exports to Europe grew by 28.1%. The export value to Belt and Road countries and regions totaled $4.638 billion, accounting for 43.4% of total exports, up 24.6% year over year.
By product type, export values for categories such as construction machinery parts, track excavators, and off-road mining dump trucks increased noticeably. High-end and electrified models have become new highlights in exports.