China’s trade volume of construction machinery increases in Q1 y-o-y

According to data from China’s customs, in March, China’s import and export trade volume of construction machinery was about US$4.805 billion, decreasing by 2.78% year on year.

From January to March, China’s import and export trade volume of construction machines was US$12.66 billion, a year-on-year increase of 2.66%. Among them, the import value was US$654 million, a year-on-year growth of 3.85%; the export value was US$12.007 billion, growing by 2.6% from the corresponding period a year ago.

Converted into Chinese Yuan, the export value in March was CNY32.212 billion, growing by 2.12% year on year. The cumulative export value from January to March was CNY85.291 billion, increasing by 7.52% from the same period a year ago.

26 Apr 2024 reported by Machinery News