According to the data compiled by the General Administration of Customs, the import and export volume of construction machinery from January to October 2017 was 19.414 billion U.S. dollars, up 17.7% over the same period of 2006. Of this total, the amount of imports was 3.306 billion U.S. dollars, up 23.8% over the same period of last year; the export value was 16.108 billion U.S. dollars, up YoY 17.6%. The trade surplus was 12.802 billion U.S. dollars, up by 1.892 billion U.S. dollars.
In October 2017, the import volume reached 284 million U.S. dollars, up 23.8 percent over the same period of last year. The export volume was 1.86 billion U.S. dollars, up 49.6 percent over the same period of last year.
Exports for each month from January to 2017
Imports for each of the months of 2017-2017
For imports, the import of construction machinery parts and components was 1.484 billion U.S. dollars, up 29.2% and 44.9% of the total imports from January to October in 2017. The import volume was 1.81 billion U.S. dollars, up 11.1% and accounting for 55.1% of the total imports. The import of crawler excavators increased by 74.2% from the same period of last year, up by 360 million US dollars over the same period of last year; the import of spare parts increased by 335 million US dollars over the same period of last year, which together accounted for 134.6% of the increment of construction machinery imports, The growth of total imports of construction machinery.Other imports more growth products include: wheel excavators, pile drivers and engineering rigs, pavers, etc. More dropped products are: other cranes, tunnel boring machines, elevators And escalators and so on.
Import and export of construction machinery products in 2017 in each month
Exports, the total exports of 10.27 billion US dollars, an increase of 16.8%, accounting for 63.7% of total exports; parts exports 5.84 billion USdollars, accounting for 36.3% of total exports, an increase of 19% from January to October more exports growth The main products are: loaders, crawler excavators, internal combustion forklifts, off-highway dump trucks, electric forklifts, other bulldozers, road rollers, etc. The main export decline products are: other construction vehicles, stacker crane, crawler cranes, concrete pump truck And elevators and escalators.
From January to October this year, the import and export of construction machinery products showed the following characteristics:
First, due to the rebound in the domestic market, the import of construction machinery products maintained a rapid growth, with an increase of 18.5% from January to October this year. The import volume of loaders increased by 87.7% over the same period of last year; the import of various types of excavators increased by 79% Import volume increased by 135.1%; road rollers, pavers and spare parts also maintained a relatively high growth rate. While the monthly import volume growth rate still maintained double-digit growth, due to the influence of last year's base number, the amplitude of increase increased sharply. In September Imports dropped by nearly 20% year-on-year, a 43.4% difference from the increase in October. In the fourth quarter, the domestic market demand has not been weakened.
The second is the steady growth in exports, with a steady increase in growth.China's construction machinery exports to these markets witnessed a significant increase from January to October this year under the influence of the steady growth of the United States, the European Union and Russia in 2017 under the influence of the international market, of which 10 The monthly export volume once again stood at 1.8 billion U.S. dollars, a significant increase.
