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Export value of construction machinery increased by 33.4% in the first two months
This article is reprinted from: People’s Daily
Beijing, March 25 (Reporter Li Xinping) - According to the China Construction Machinery Industry Association, the import and export trade volume of construction machinery in China reached $11.072 billion in the first two months, a year-on-year increase of 31.4%. Among them, the export amount was $10.686 billion, a year-on-year increase of 33.4%.
In terms of export regions, exports of construction machinery products to all continents achieved growth. Among them, the export to Africa increased by 77%, to Oceania by 50.6%, and to Europe by 28.1%. The total export amount to countries and regions participating in the Belt and Road Initiative reached $4.638 billion, accounting for 43.4% of total exports, with a year-on-year increase of 24.6%.
In terms of product types, the export amounts of construction machinery parts, crawler excavators, and off-road mining dump trucks have increased significantly. High-end and electric models have become new highlights in exports.