The export sales of excavators and loaders continued to improve in November
Created Date: 26th Dec 2025
China Construction Machinery Industry Association releases sales statistics of excavators and loaders for major enterprises in November 2025
Excavators: In November 2025, 20027 excavators of various types were sold, a year-on-year increase of 13.9%, of which 9824 were sold domestically, a year-on-year increase of 9.11%; The export sales volume was 10185 units, a year-on-year increase of 18.8%. Sell 19 electric excavators in November 2025. From January to November 2025, a total of 212162 excavators were sold, a year-on-year increase of 16.7%; Among them, the domestic sales volume was 108187 units, a year-on-year increase of 18.6%; The export sales volume was 103975 units, a year-on-year increase of 14.9%.
Loader: 11419 units of various types of loaders were sold in November 2025, a year-on-year increase of 32.1%. Among them, the domestic sales volume was 5671 units, a year-on-year increase of 29.4%; The export sales volume was 5748 units, a year-on-year increase of 34.8%. Sales of 2935 electric loaders in November 2025. From January to November 2025, a total of 115831 loaders were sold, a year-on-year increase of 17.2%; Among them, domestic sales reached 61039 units, a year-on-year increase of 22.5%; The export sales volume was 54792 units, a year-on-year increase of 14.9%.
Excavator exports continue to improve
Domestically, the domestic sales of excavators increased by 16.7% year-on-year from January to November 2025, indicating a strong recovery trend; The domestic sales in November increased by 9.11% year-on-year, and the slowdown in growth rate was mainly due to the high sales base of domestic sales recovery in October and November last year. In addition, the cooling in the north led to a decrease in operating rate, but it did not change the annual growth trend. In the future, the country will continue to promote urban renewal and the renovation of old residential areas, increase fiscal and monetary policies, and increase investment in the "dual" and "two new" industries to bring about rigid replacement demand. In addition, stable support for non-ferrous mines, major water conservancy projects, and high standard farmland projects will gradually be implemented to release demand dividends and help the domestic construction machinery industry recover demand. The service life of excavators is around 8 years, and the last peak in sales was from 2019 to 2022. The government continues to promote the implementation of subsidies for large-scale elimination of old equipment, stimulating the early release of downstream demand for updates. The demand for excavators has entered a period of rational growth, and it is expected that domestic sales will continue to recover.
Overseas, exports increased by 14.9% year-on-year from January to November 2025; In November, the export of excavators increased by 18.8% year-on-year, and the overseas growth rate expanded. From the perspective of export value of construction machinery, the trade export value of construction machinery in China from January to October 2025 was 48.526 billion US dollars, a year-on-year increase of 12%. The demand for infrastructure in emerging markets around the world continues to grow. From January to October 2025, exports from Africa increased by 49.7%, exports from Asia increased by 16.4%, exports from Oceania increased by 15.6%, and exports from Latin America increased by 12.0%. High cost performance and high-quality after-sales domestic equipment are favored, and the global penetration rate of domestic equipment is gradually increasing. From January to October 2025, the cumulative export value of excavators in China reached 8.517 billion US dollars, an increase of 26.19% compared to 6.75 billion US dollars in the same period of 2024.
The export and domestic sales of loaders have seen a significant increase
In November 2025, domestic sales increased significantly by 29.4%, with a rapid recovery mainly due to the concentrated construction of major projects in China, such as the Yaxia Hydropower Station and the Xinzang Railway. These projects entered a peak period of soil and rock demand, promoting an increase in domestic demand for loaders. In November 2025, overseas sales and exports increased by 34.8% year-on-year, mainly due to the sustained growth in infrastructure demand in emerging markets worldwide. In November 2025, the sales of electric loaders reached 2935 units, with an electrification penetration rate of 25.70%. With the gradual expansion of downstream application fields of electric loaders, the economy has been recognized by the market, and the trend towards electrification has emerged.
Excavators: In November 2025, 20027 excavators of various types were sold, a year-on-year increase of 13.9%, of which 9824 were sold domestically, a year-on-year increase of 9.11%; The export sales volume was 10185 units, a year-on-year increase of 18.8%. Sell 19 electric excavators in November 2025. From January to November 2025, a total of 212162 excavators were sold, a year-on-year increase of 16.7%; Among them, the domestic sales volume was 108187 units, a year-on-year increase of 18.6%; The export sales volume was 103975 units, a year-on-year increase of 14.9%.
Loader: 11419 units of various types of loaders were sold in November 2025, a year-on-year increase of 32.1%. Among them, the domestic sales volume was 5671 units, a year-on-year increase of 29.4%; The export sales volume was 5748 units, a year-on-year increase of 34.8%. Sales of 2935 electric loaders in November 2025. From January to November 2025, a total of 115831 loaders were sold, a year-on-year increase of 17.2%; Among them, domestic sales reached 61039 units, a year-on-year increase of 22.5%; The export sales volume was 54792 units, a year-on-year increase of 14.9%.
Excavator exports continue to improve
Domestically, the domestic sales of excavators increased by 16.7% year-on-year from January to November 2025, indicating a strong recovery trend; The domestic sales in November increased by 9.11% year-on-year, and the slowdown in growth rate was mainly due to the high sales base of domestic sales recovery in October and November last year. In addition, the cooling in the north led to a decrease in operating rate, but it did not change the annual growth trend. In the future, the country will continue to promote urban renewal and the renovation of old residential areas, increase fiscal and monetary policies, and increase investment in the "dual" and "two new" industries to bring about rigid replacement demand. In addition, stable support for non-ferrous mines, major water conservancy projects, and high standard farmland projects will gradually be implemented to release demand dividends and help the domestic construction machinery industry recover demand. The service life of excavators is around 8 years, and the last peak in sales was from 2019 to 2022. The government continues to promote the implementation of subsidies for large-scale elimination of old equipment, stimulating the early release of downstream demand for updates. The demand for excavators has entered a period of rational growth, and it is expected that domestic sales will continue to recover.
Overseas, exports increased by 14.9% year-on-year from January to November 2025; In November, the export of excavators increased by 18.8% year-on-year, and the overseas growth rate expanded. From the perspective of export value of construction machinery, the trade export value of construction machinery in China from January to October 2025 was 48.526 billion US dollars, a year-on-year increase of 12%. The demand for infrastructure in emerging markets around the world continues to grow. From January to October 2025, exports from Africa increased by 49.7%, exports from Asia increased by 16.4%, exports from Oceania increased by 15.6%, and exports from Latin America increased by 12.0%. High cost performance and high-quality after-sales domestic equipment are favored, and the global penetration rate of domestic equipment is gradually increasing. From January to October 2025, the cumulative export value of excavators in China reached 8.517 billion US dollars, an increase of 26.19% compared to 6.75 billion US dollars in the same period of 2024.
The export and domestic sales of loaders have seen a significant increase
In November 2025, domestic sales increased significantly by 29.4%, with a rapid recovery mainly due to the concentrated construction of major projects in China, such as the Yaxia Hydropower Station and the Xinzang Railway. These projects entered a peak period of soil and rock demand, promoting an increase in domestic demand for loaders. In November 2025, overseas sales and exports increased by 34.8% year-on-year, mainly due to the sustained growth in infrastructure demand in emerging markets worldwide. In November 2025, the sales of electric loaders reached 2935 units, with an electrification penetration rate of 25.70%. With the gradual expansion of downstream application fields of electric loaders, the economy has been recognized by the market, and the trend towards electrification has emerged.