2025年7月工程机械产品进出口快报

Core Viewpoint - The import and export trade of China's construction machinery showed significant growth in July 2025, indicating a recovery trend in the industry with a total trade value of $5.504 billion, up 19.1% year-on-year [1][2]. Import and Export Data Summary - In July 2025, the import value reached $266 million, a year-on-year increase of 15.9%, while the export value was $5.238 billion, growing by 19.3% [1][2]. - For the first seven months of 2025, the total trade value was $35.076 billion, reflecting a 10.5% year-on-year growth, with imports at $1.59 billion (up 4.13%) and exports at $33.486 billion (up 10.8%) [2][3]. - In June 2025, the trade value was $4.846 billion, with imports at $197 million (down 13.7%) and exports at $4.649 billion (up 6.35%) [2]. - The trade figures for the first half of 2024 showed a total of $27.134 billion, with imports at $1.297 billion (down 1.65%) and exports at $25.837 billion (up 3.38%) [3]. Monthly Export Performance - The export value in July 2025 was 37.538 billion yuan, marking a 20% increase year-on-year, while the cumulative export value for the first seven months was 240.511 billion yuan, up 12% [3]. - In June 2025, the export value was 33.031 billion yuan, reflecting an 8.27% year-on-year increase, with the first half of the year totaling 183.518 billion yuan (up 7.24%) [4]. - The export value for May 2025 was 36.168 billion yuan, with a year-on-year growth of 10.1% [5]. - April 2025 saw an export value of 36.966 billion yuan, up 13.6% year-on-year [6]. - March 2025 recorded an export value of 35.231 billion yuan, with an increase of 9.51% [7]. Industry Trends and Insights - The construction machinery industry is showing signs of recovery, with expectations of improved performance due to increased domestic demand and favorable market conditions [8][11]. - The transition to "National IV" emissions standards is set to begin on December 1, 2025, which may impact the industry dynamics [8]. - The industry has faced a decline in domestic sales for 13 consecutive months, but exports have surged over 70%, indicating a potential turning point for the excavator sector [8].