With exports breaking the $50 billion mark in 2024 and even more momentum in 2025, are you ready to capitalize on the dividends?

Release Date:2025-03-12

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Hello friends, welcome to this issue of Industry Express! Today, let’s talk about the export of construction machinery in 2024 and 2025.

In 2024, my country's construction machinery exports ushered in a highlight moment, with the annual import and export trade volume exceeding the 55 billion US dollar mark, of which the export amount was as high as 52.8 billion US dollars, an increase of nearly 9% year-on-year! This achievement has maintained a high growth rate for four consecutive years, which is really exciting!

When it comes to export products, excavators, loaders, concrete pump trucks and other complete machines have performed particularly well. Especially excavators, although the number has slightly decreased, still occupy half of the domestic and foreign markets. Loaders, graders, etc. are also flourishing, showing varying degrees of growth!

Looking at the export market, "old friends" such as Russia, the United States, and Saudi Arabia are still firmly in the forefront. But what is more worth mentioning is that the BRICS countries and countries along the "Belt and Road" have become new driving forces for my country's construction machinery exports, with year-on-year growth of more than 10%!

In 2025, although the export volume slowed down slightly in January due to the Spring Festival, with the arrival of the peak sales season and the improvement of project construction, the sales volume of construction machinery quickly recovered. In particular, the export volume of excavators and loaders achieved double-digit growth in February, which is really strong!

In the future, with the recovery of overseas economies and the improvement of the competitiveness of domestic OEMs, my country's construction machinery exports are expected to continue to grow. Moreover, breakthroughs in electrification and intelligent technologies will drive the increase in the proportion of high-end products and help companies occupy a larger share in emerging markets.

Of course, opportunities and challenges coexist. If enterprises want to gain a firm foothold in the international market, they must keep up with new trends in market demand, actively seize cooperation opportunities such as the "Belt and Road Initiative", and continuously optimize their international layout. Only in this way can they stand out in the fierce market competition!

Well, that’s all for today’s sharing. If you want to know more about the latest information in the industry, remember to follow me! See you next time!

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