Business · Trade · 8 hrs ago

Chinese excavator exports rose 30.4% in the first three quarters

Chinese excavator exports rose 30.4% in the first three quarters

China exported nearly 110,000 excavators in the first three quarters of this year, 30.4% more than in the same period last year.

Exports made up 51.2% of all excavators sold in that period.

Chinese machines are being used at mines and construction projects in countries including Kyrgyzstan and Mozambique, and in homes in Europe and the United States.

Demand is growing as infrastructure projects and mining expand in markets such as Southeast Asia, Latin America and Africa.

Buyers are also drawn to quick delivery, product quality and newer electric and smart features.

Electric excavators are gaining ground: a Mozambique coal mine is using 10 large electric machines, and Chinese manufacturers have reported rising overseas orders for electric models.

Companies are building factories and service networks abroad, while training local workers, to support customers after machines are sold.

Further export growth may come from electric and connected equipment, as manufacturers develop these technologies and the support systems they need.

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What people are saying

Yang YangXCMG Mozambique country manager
This year, the sharp rise in diesel prices further prompted the owner to decide to replace fuel-powered excavators with electric excavators.
via China News Service
Yuan ZhenSecretary-general of the Changsha Construction Machinery Industry Association
Whether it is converting excavators from fuel to electric power or supporting them with power grids, Chinese manufacturing is at the global forefront.
via China News Service
Gao ShengtaoDeputy general manager of Shandong Lipa Machinery Group
We produce what the market needs.
via China News Service
Zheng ZheDeputy general manager of Zoomlion’s Earthmoving and Mining Machinery Company
Our manufacturing, research and development, and services have all taken deep root overseas.
via China News Service