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China's excavator sales drop in January

2022-02-15 14:27:16

China Daily

A Xuzhou Construction Machinery Group employee walks past an array of excavators at a harbor in Lianyungang,
Jiangsu province. [Photo by Wang Chun/For China Daily]
BEIJING -- China's major excavator manufacturers saw their sales drop in January, industry data showed.
The country's 26 leading excavator makers sold a total of 15,607 units last month, down 20.4 percent year-on-year, according to the China Construction Machinery Association.
Domestic sales of the equipment decreased by 48.3 percent year-on-year to 8,282 units, while the excavator exports surged 104.9 percent from a year earlier to 7,325 units in January.