2025年10月我国工程机械进出口贸易额为48.44亿美元，同比增长0.07%

Core Viewpoint - The engineering machinery import and export trade in China showed a slight increase in October 2025, with exports growing while imports declined significantly [1][3]. Trade Data Summary - In October 2025, the total trade amount for engineering machinery was $484.4 million, a year-on-year increase of 0.07%. The import amount was $17.6 million, down 24.2%, while the export amount reached $4.668 billion, up 1.29% [1][3]. - From January to October 2025, the cumulative trade amount was $50.718 billion, reflecting an 11.5% year-on-year growth. Imports totaled $2.192 billion, a 0.78% increase, and exports amounted to $48.526 billion, up 12% [1][3]. Industry Trends - The engineering machinery industry is showing signs of recovery, with performance improvements noted [6]. - The transition to "National IV" standards is set to begin on December 1, which may impact the industry [6]. - Domestic sales have been declining for 13 consecutive months, but exports have surged over 70%, indicating potential for recovery in the excavator sector [6]. - Improved working rates in February suggest a warming expectation for the engineering machinery industry [6][10]. Market Dynamics - The engineering machinery industry is expected to benefit from improved credit conditions and domestic demand recovery, with a potential "ice-breaking" effect anticipated [10].