Jiang Lin,Under-Secretary-General of China Construction Machinery Industry Association
According to the statistics of the General Administration of Customs,China's construction machinery import and export trade amount was equivalent to 9.27 billion U.S. dollars in the first half year of 2008 with a 53.5% increase over previous year. Of this total,import amount is 2.92 billion U.S. dollars with a 23.8% increase over the previous year; export amount is 6.35 billion U.S. dollars with a 72.3% increase over the previous year,and the trade surplus is 3.43 billion U.S. dollars.
From January to June in 2008,cumulative import of the complete machines was equivalent to 1.69 billion U.S. dollars with a 12.2% increase over the previous year,accounting for a 58% of the total imports; imported parts and components were equivalent to 1.23 billion U.S. dollars with a 44% increase over the previous year,accounting for a 42% of total imports,Of which crawler excavator is 0.84 billion U.S. dollars with a 19.5% increase over the previous year,accounting for nearly 50% of imported complete machine; forklift is 0.15 billion U.S. dollars and basically the same as previous year; tunnel boring machinery is 96.95 million U.S. dollars with a 17.6% increase over the previous year.
Construction machinery exports continue to maintain high growth. From January to June of this year,the cumulative export of the complete machines was equivalent to 4.33 billion U.S. dollars with a 70.5% increase over the previous year,accounting for 68% of total exports; exported parts and components are 2.02 billion U.S. dollars with a 76% increase over the previous year,accounting for 32% of the total exports. The amount of exports of such 13 major kinds of products as loader,excavator,truck crane,tower crane,crawler crane,forklift,manual handling vehicle,bulldozer,roller,road builder and motor grader,concrete machinery,wind power tools,elevator and ladder is more than 0.1 billion U.S. dollars; but high-powered bulldozer and fire engine exports are in a sharp fall. Import and export data of construction machinery products from January to June in 2008 is shown in the table below.
Import and Export Classification Summary of
Construction Machine Products in the First Half Year of 2008
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