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].

Excavator Import and Export Overview - In the first five months, China's total import and export value of excavators reached 4.1 billion USD, with a year-on-year increase of 21.3% [1] - Exports accounted for 4 billion USD, up 22.3% year-on-year, while imports were 100 million USD, down 10.8% [1] - The trade surplus was 3.91 billion USD, indicating a continuous recovery in market demand [1] Loader Transport Machinery Import and Export Overview - The total import and export value of loader transport machinery was 2.93 billion USD, with a slight year-on-year increase of 0.2% [2] - Exports were 2.83 billion USD, up 0.5% year-on-year, while imports were 11 million USD, down 7.3% [2] - The trade deficit stood at 2.72 billion USD, reflecting a stable overall trend [2] Crane Machinery Import and Export Overview - The total import and export value of crane machinery reached 2.28 billion USD, with a year-on-year increase of 13.5% [3] - Exports were 2.25 billion USD, up 14.4% year-on-year, while imports were 40 million USD, down 25.8% [3] - The trade surplus was 2.21 billion USD, indicating steady export growth [3] Industrial Vehicles Import and Export Overview - The total import and export value of industrial vehicles was 3.6 billion USD, down 1.2% year-on-year [4] - Exports were 3.53 billion USD, down 1.4%, while imports were 7 million USD, up 15.3% [4] - Electric industrial vehicles accounted for over 50% of total exports, supported by rapid domestic development [4] Road Construction Machinery Import and Export Overview - The total import and export value of road construction machinery was 720 million USD, with a year-on-year increase of 13.7% [5] - Exports were 720 million USD, up 14%, while imports were 0.5 million USD, down 16.8% [5] - The trade surplus was 710 million USD, indicating stable industry performance [5] Mixing and Stirring Machinery Import and Export Overview - The total import and export value of mixing and stirring machinery was 1.01 billion USD, with a year-on-year increase of 24.6% [6] - Exports were 1 billion USD, up 24.5%, while imports were 0.12 billion USD, up 27.9% [6] - The trade surplus was 980 million USD, reflecting a growth trend in exports [6] Rock Drilling and Piling Tools Import and Export Overview - The total import and export value of rock drilling and piling tools was 630 million USD, down 8.4% year-on-year [7] - Exports were 550 million USD, down 9.4%, while imports were 8 million USD, down 0.1% [7] - The trade surplus was 480 million USD, with a notable increase in self-propelled drilling machines [7] Elevators and Escalators Import and Export Overview - The total import and export value of elevators and escalators was 1.01 billion USD, with a year-on-year increase of 12.4% [8] - Exports were 990 million USD, up 12.8%, while imports were 15 million USD, down 7.6% [8] - The trade surplus was 980 million USD, with significant growth in exports to various markets [8] Other Engineering Vehicles and Equipment Import and Export Overview - The total import and export value of other engineering vehicles and equipment was 750 million USD, down 10.7% year-on-year [9] - Exports were 700 million USD, down 11%, while imports were 4.2 million USD, down 3.9% [9] - The trade surplus was 660 million USD, with mixed performance across different markets [9]

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