Overseas sales of excavators are booming, with excavator exports reaching a new high

On December 14th, Titanium Media App reported that in recent years, with the gradual expansion of overseas markets, innovation in China's construction machinery industry has received more recognition. A person in charge of an engineering machinery enterprise in Changsha, Hunan told reporters that since the beginning of this year, the overseas market sales of excavators have been very hot, and micro excavators are most favored by European and American markets. In recent years, China's exports of various construction machinery products, including excavators, have maintained a high growth trend. According to data from the Ministry of Industry and Information Technology, China has formed 22 categories of engineering machinery products, becoming one of the countries with the most complete product categories and varieties. Among them, the production of major products such as excavators, cranes, and loaders ranks first in the world. According to statistics from the China Construction Machinery Industry Association on 26 excavator manufacturing enterprises, in the first 10 months of 2022, China exported 89457 excavators, a year-on-year increase of 67.3%. In addition, in the first 10 months of this year, China's engineering machinery exports amounted to 36.521 billion US dollars, a year-on-year increase of 34.2%. (CCTV Finance)

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