2025年11月我国工程机械进出口贸易额为54亿美元，同比增长15.4%

Core Viewpoint - The article highlights the growth in China's engineering machinery import and export trade, with a significant increase in exports while imports have declined, indicating a potential recovery in the industry [1][2]. Trade Data Summary - In November 2025, China's engineering machinery trade amounted to $5.4 billion, a year-on-year increase of 15.4%. Exports reached $5.23 billion, up 16.6%, while imports were $1.7 billion, down 11.9% [1][2]. - Cumulatively, from January to November 2025, the total trade value was $56.118 billion, reflecting an 11.8% year-on-year growth. Exports totaled $53.756 billion, a 12.4% increase, while imports were $2.362 billion, a slight decline of 0.28% [2]. Monthly Trade Trends - Monthly trade data shows fluctuations in both imports and exports throughout 2025, with notable increases in exports in several months, particularly in September (29.1% increase) and November (16.6% increase) [2]. - Import values have shown a downward trend in several months, with the most significant drop occurring in October (24.2% decrease) [2]. Industry Insights - The engineering machinery industry is showing signs of recovery, with performance improvements and expectations of a positive shift in market conditions [5]. - The transition to "National IV" emission standards starting December 1 is expected to impact the industry positively [5]. - Domestic sales have been declining for 13 consecutive months, but exports have surged by over 70%, raising questions about the future of the excavator sector [5]. Market Dynamics - Improved construction rates in February and a strong start to credit in January suggest a potential rebound in domestic demand for engineering machinery [12]. - Experts are optimistic about the industry's future, with discussions on supporting the transition to new energy in engineering machinery and commercial vehicles [12].