China's monthly export amount from 2013 to 2002
In March 2022, the import volume was 261 million US dollars, a year-on-year decrease of 31.2%; The export volume was US $3.437 billion, a year-on-year increase of 39.3%. In terms of import, from January to March 2021, the import of parts and components was US $489 million, a year-on-year decrease of 18.3%; It accounted for 62.3% of the total import, and the imported complete machine was 297 million US dollars, a year-on-year decrease of 29.3%, accounting for 37.7% of the total import. Among the main imported products, the import volume of Crawler excavators decreased by 76.6%, the import amount decreased by 69.9%, and the import volume decreased by 89 million US dollars; Imports of spare parts increased by 110 million US dollars. The import volume decreased, and the main products were Crawler excavators, other engineering vehicles, crawler cranes, high-power bulldozers, etc. The main products with increased import volume include pile drivers and engineering drilling rigs, rock drilling machinery and pneumatic tools, tunnel boring machines, concrete mixing machinery, etc.
In terms of export, the total export of complete machines was US $6.21 billion, a year-on-year increase of 46.4%, accounting for 63.9% of the total export; The export of spare parts reached US $3.513 billion, a year-on-year increase of 42.5%, accounting for 36.1% of the total export. From January to March, the main machines with increased export volume include Crawler excavators, forklifts, off-road dump trucks, elevators and escalators, manual carriers, etc. The decrease of export volume mainly includes pile drivers, engineering drilling rigs, pavers, etc.
In the first quarter of this year, the export of construction machinery to six continents increased significantly, of which US $4.036 billion was exported to Asia, accounting for 41.5% of the total export, with a year-on-year increase of 37.3%; Exports to Africa amounted to 902 million US dollars, accounting for 9.28% of the total exports, with a year-on-year increase of 47%; Exports to Europe amounted to US $2.262 billion, accounting for 23.3% of the total exports, with a year-on-year increase of 42.6%; Exports to North America reached US $1.163 billion, accounting for 12% of the total exports, with a year-on-year increase of 50.3%; Exports to Oceania amounted to 502 million US dollars, accounting for 5.17% of the total exports, with a year-on-year increase of 59.9%; Exports to South America amounted to 857 million US dollars, accounting for 8.81% of the total exports, with a year-on-year increase of 78.8%. Among them, South America, Oceania and North America increased by more than 50%.
Regional distribution of main export markets of China's construction machinery: 1. EU, 2. Hong Kong, 3. Japan, 4. South Korea, 5. ASEAN, 6. Russia, 7. India, 8. Africa and Latin America
In terms of market distribution and changes in major export regions, Africa, Latin America, ASEAN, the European Union and the United Kingdom take the lead; The regional markets with larger growth are mainly Africa, Latin America, Russia and the United States, the declining regions are Hong Kong, China, and the main regional markets with smaller growth are South Korea, India and ASEAN.
In terms of major export countries, the export volume to the United States, Indonesia, Russia, Japan, Australia, India, Brazil, Belgium and other countries in the first quarter was more than US $300 million, and China's construction machinery continued to maintain its main market position. The export to other export target markets is shown in Table 3.
In the first quarter of this year, the total export volume of China's construction machinery to the above-mentioned major export target countries accounted for 68% of the total export volume. Exports to countries along the "the Belt and Road" totaled US $4.01 billion, accounting for 41.25% of all exports, an increase of 41.8% year-on-year; BRICs exports reached US $1.48 billion, accounting for 15.2% of total exports, with a year-on-year increase of 62.5%.
In the first quarter of 2022, the turnover of China's foreign contracted projects was 184.16 billion yuan, a year-on-year decrease of 5.7% (equivalent to 29 billion US dollars, a year-on-year decrease of 3.7%), and the newly signed contract amount was 300.94 billion yuan, a year-on-year decrease of 13.3% (equivalent to 47.39 billion US dollars, a year-on-year decrease of 11.5%). There are 207 newly signed projects with a contract value of more than US $50 million, including 109 projects with a contract value of more than US $100 million. The newly signed contract value of contracted projects in countries along the "the Belt and Road" is US $24.64 billion, and the completed turnover is US $15.97 billion, accounting for 52% and 55.1% of the total in the same period respectively.
In the first quarter of this year, China's construction machinery exports had the following main characteristics:
(1) Under the complex and changeable international political, economic and market environment, China's construction machinery continued to show a high growth rate in the first quarter of this year on the basis of last year's total export of 34 billion US dollars. The export of each month in the first quarter reached the highest level in the history of the current period, showing strong resilience.
(2) Corresponding to the export, the import was depressed. The import continued to be depressed in the first quarter, especially in March, which was the lowest import record in March.
