Who is the best overseas market for China Construction Machinery?

During the "Eleventh Five-Year Plan" period, China's construction machinery industry has made great strides. This year is the first year of the "12th Five-Year Plan". The construction machinery industry market still has a good start. With the gradual saturation of the current domestic market, many companies have turned their sights on foreign markets. In addition to satisfying domestic demand, exports have become a direction in which companies increase sales. Russia, Brazil, Vietnam, and Thailand are increasingly becoming the new hot areas for export of construction machinery. .

China ranks third among major importers in Vietnam

As one of the important countries in Southeast Asia, Vietnam has maintained close ties with the Chinese market. In 2010, the trade volume between the two countries was 27.33 billion U.S. dollars, an increase of 28% from 2009. China ranks third among the major importing countries in Vietnam. In the huge Sino-Vietnamese trade data, export volume of construction machinery products accounted for a relatively large amount, and Vietnam and Southeast Asian markets have also become emerging hot areas for the export of construction machinery.

A series of favorable factors have led to the export of Chinese construction machinery to Vietnam. There are three main reasons for the increase in the import volume of construction machinery products in Vietnam. First, with the development of Vietnam's economy, Vietnam’s infrastructure has entered a period of rapid growth, and infrastructure construction projects such as housing construction, highways, and power stations have been launched, and a large number of equipment shortages have become the root cause of imported equipment in Vietnam. Secondly, the quality and low cost of “Made in China” construction machinery has become the first choice for imports. China's machinery and equipment, especially cement, hydroelectric equipment and construction machinery, are of high quality and technological content, are affordable, and are in possession in Vietnam. Very high, very much in line with Vietnam's national conditions and the actual needs of enterprises. In addition, China and Vietnam are close to each other, have an advantage in transportation costs, and have a perfect after-sales service system. Third, the preferential tariff policies of the Vietnamese government have greatly reduced the cost of trade and prompted the rapid growth of bilateral trade between China and Vietnam.

The Ministry of Finance of the Ministry of Finance stated on January 9 that according to instructions from the government’s Prime Minister on assisting the development of key machinery products, the ministry has promulgated regulations to implement zero for equipment and materials imported for the production of key mechanical products and for investment in the production of key mechanical products. tariff.

Brazil is becoming a competitive market for China's construction machinery market

According to statistics, from January to May of 2009, China's exports to Brazil were more than 19 cubic meters of excavator capacity, which reached 253,100 US dollars. In the same period of 2010, exports rose to 7.4 million US dollars, and reached 2290 in the first 5 months of 2011. Ten thousand U.S. dollars. China has become the fourth largest excavator supplier after Korea, Japan and the United States.

Construction equipment Concrete and construction machinery will increase by 7.5% in Brazil each year. It is estimated that by 2012, Brazil's demand will reach 27.84 billion US dollars. This has made Brazil one of the emerging markets where construction machinery and concrete building equipment compete. In addition, the rich mineral resources have enabled the Brazilian market's heavy construction and mining equipment to grow strongly. It is estimated that in the next five years, the industry will have a historic growth rate of 46% in Brazil.

In the future, the construction engineering market and mining equipment in Brazil and even Latin America will be the markets where the Chinese construction machinery market competes.

Construction machinery products popular in the Russian construction market

On July 4th, more than 10 domestic loaders were waiting for inspection at the Heihe port in Heilongjiang and they were ready to be sent to Blagoveshchensk, Russia. Relevant survey data show that since 2000, Russia has become the fastest growing country in the world of construction, and the construction market has increased by 10% to 15% every year. Since 2011, the Russian economy has rapidly recovered, and the market demand for construction machinery has also continuously increased. In February of this year, Russia allocated 9.5 billion roubles (about 2.14 billion yuan) to the management offices of the ten districts in Moscow to optimize the Russian road transport network.

The increase in market demand is one of the reasons for the boom in the construction machinery market in Russia. In addition, the Russian government’s taxation policy on imported equipment has also been relatively relaxed. In May, the government of the Russian Federation revised its list of technical equipment, including its spare parts, that it does not produce and that it imports from abroad and does not impose VAT. The list of VAT-free technical equipment has increased the weight of a pneumatic wheeled overhead container loader with a capacity of no more than 60 tons, a lifting weight of no more than 80 tons, a rail-mounted gantry crane (container loader), and a lifting weight of no more than 45 Tons, wheeled self-loaders (with retractable arms and container grabs). A series of measures promoted the export of Chinese construction machinery to Russia.

Thailand gradually becomes an emerging target market for construction machinery in China

In recent years, Thailand’s economic development has been very active and the market demand is large. Many companies in construction machinery saw this market situation and entered Thailand in succession to get a share of the cake. At the beginning of the year, Caterpillar built a new plant in Thailand to accelerate the Asian development strategy. Last month, 18 of the 31 cranes successfully arrived in Thailand. The main concrete construction used in the Yellow MRT project in Thailand weighed 80 tons and the weight of the overhead crane exceeded 200 tons. This is a challenge for the crane. Trinity and a well-known foreign brand car cranes collaborate on the MRT line.

The Deputy Secretary-General of the Thai Investment Commission, Mr. Sungsa Linpeng Yan, said that the Thai Investment Committee is particularly optimistic about the construction machinery industry in Hunan, and Thailand has implemented taxation and non-tax incentives for many investment projects in the manufacturing and service industries, including exemptions. Paying corporate income tax for 3 to 8 years, reducing import tax on machinery and equipment, and reducing import tax on raw materials, there are currently more than 500 Hunan enterprises registered in Thailand. More than 80 companies from cities such as Chang-Zhu-Tan and Hengyang attended the meeting and many companies expressed their desire to invest in Thailand.

According to analysis by industry experts, it is an inevitable trend for Chinese construction machinery products to go to the international market. In the face of overseas market development, construction machinery manufacturers should further investigate the characteristics of the local market, and be more in line with local realities in all aspects of product development, sales, and after-sales services, so as to promote the rapid and healthy development of the market.