Breaking Export Challenges! How Engineering Machinery Can Overcome Market/Competition/Supply Chain Risks to Build Strong Brand Competitiveness
Although the export market prospects for engineering machinery are positive, multiple risks still require vigilance. At the market level, emerging markets face frequent political and economic fluctuations, exchange rate volatility, and trade barriers, which may erode project profitability. On the competition front, international brands like Caterpillar and Komatsu hold technological advantages in high-end markets, while our products primarily consist of mature models like 3-ton, 5-ton, and 6-ton machines, necessitating breakthroughs in differentiated competition. On the supply chain side, price fluctuations for raw materials such as steel and hydraulic components, coupled with rising international logistics costs, may squeeze profit margins.
To address these challenges, we have implemented targeted measures: collecting deposits and requiring full payment before shipment to reduce financial risks; leveraging domestic and international expertise through training and partnerships to mitigate risks due to limited foreign trade experience; prioritizing intellectual property protection to legally safeguard product rights and enhance market competitiveness.
Localized operations and brand-building efforts are also underway: establishing after-sales service centers in key markets to provide rapid maintenance and technical support, boosting customer satisfaction; actively participating in international exhibitions like Shanghai Bauma and Russia's industrial fairs, collaborating with local media to build a professional and reliable brand image. If you'd like to discuss risk management details or potential collaborations, feel free to contact us.
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