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Detailed analysis of China 's Construction Machinery Export market - Key influencing Factors ‌

Trade policy ‌ :

China's tariff reduction with RCEP member countries covers 85% of construction machinery categories. By 2025, the export cost to Southeast Asia will be reduced by 5-8%.

The Inflation Reduction Act of the United States restricts Chinese equipment from participating in federal projects, affecting its penetration in the high-end market.

Supply chain advantage ‌ :

The localization rate of Chinese components has increased (for instance, the localization rate of hydraulic components has reached 60%), reducing export costs by 10-15%.

Ocean freight rates have dropped (freight rates on the Shanghai-Europe route have decreased by 40% compared to the peak in 2024).

Technical barriers ‌ :

The strict requirements for emission standards (such as Stage V) in the European and American markets have driven enterprises to accelerate the research and development of electrification (the proportion of electric construction machinery exports is expected to rise to 12% by 2025).

Iv. Future Outlook ‌

In the short term (2025-2026), ‌ : Southeast Asia and Latin America remain the main drivers of growth. It is expected that the export volume will exceed 60 billion US dollars in 2026.

Long-term challenges ‌ : It is necessary to deal with the "friendly shore outsourcing" policies of Europe and the United States (such as India and Mexico replacing supply chains), and accelerate the localization layout (such as the commissioning of Sany Heavy industry 's factory in Indonesia in 2026).

If an analysis of export strategies for specific countries or categories is required, further specific directions can be provided.