Express Report on Import and Export of Construction Machinery Products in January-February 2024

According to customs data, China's import and export trade of construction machinery in January 2024 was 4.313 billion US dollars, a year-on-year increase of 5.21%. Among them, imports were 2.01 billion US dollars, a year-on-year increase of 3.01%; exports were 4.112 billion US dollars, a year-on-year increase of 5.32%. In February 2024, the total import and export value was 3.543 billion US dollars, a year-on-year increase of 7.66%. Among them, imports were 1.81 billion US dollars, a year-on-year decrease of 3.79%; exports were 3.362 billion US dollars, a year-on-year increase of 8.36%.

From January to February 2024, China's import and export trade of construction machinery was 7.856 billion US dollars, a year-on-year increase of 6.3%. Among them, the import amount was 3.825 billion US dollars, a year-on-year decrease of 0.33%; the export amount was 7.473 billion US dollars, a year-on-year increase of 6.67%.

Calculated based on the export value in RMB, the export value in January was 29.19 billion yuan, a year-on-year increase of 8.18%; the export value in February was 23.895 billion yuan, a year-on-year increase of 14.9%. The cumulative export value from January to February was 53.085 billion yuan, a year-on-year increase of 11.1%.