T3 · Product exporter position

China exports of Boring and sinking machinery: not self-propelled (HS 843049)

See where China stands in boring and sinking machinery: not self-propelled: export scale, destination breadth, market position, growth, and reported trade history.

Exporter CHNHS6 843049Latest year 2024Rapid growth

Latest exports

$848.8MLatest observed lane total

Destination markets

168Reported active markets

Three-year growth

+75.3%Annualized change

Destination HHI

1,655Destination concentration

Weighted share

62.3%Reported market position

Exporter evidence

How strong is China in Boring and sinking machinery: not self-propelled?

Reported exporter totals and calculated indicators for HS 843049. Values retain their observed coverage period.

Exporter scale

Latest exports$848.8M
Current 2024 exports$848.4M
Three-year average$565.6M
Historical peak$3.6B

Market position

Active destinations168
Destination HHI1,655
Weighted share62.3%
Share change+17.4 pp

Competitiveness

Three-year growth+75.3%
Volatility1.8
Maximum drawdown97.9%
TrendRapid growth
MeasureValueWhat it describes
ExporterChinaCountry represented by this profile
Latest observed exports$848.8MSum of latest observed destination-lane values
Current 2024 exports$848.4MCommon-year comparison where reported
Three-year growth+75.3%Annualized change in exporter totals
Five-year growth+13.2%Annualized change in exporter totals
Leading destinationSAUDestination with the largest observed export value
Leading destination share33.6%Share of observed exporter totals
Destination concentration1,655HHI across destination markets
Weighted share change+17.4 ppValue-weighted latest change in market share
Limited-history lanes10.8%Share of lanes with shorter history

Destination markets

Where does China sell boring and sinking machinery: not self-propelled?

Leading destination observations ranked by reported export value, with market position and access context.

DestinationLatest exportsMarket shareGrowthAccessSignal
Saudi Arabia$285.0M34.2%+277.2%0.1% tariffAccelerating
United Arab Emirates$146.4M85.5%+247.6%0.1% tariffAccelerating
Libya$86.9M95.1%+1,315%0.2% tariffAccelerating
Nigeria$57.6M93.9%+55.2%0.3% tariffAccelerating
Oman$53.3M91.3%+144.4%0.1% tariffGrowing
Indonesia$28.6M75.6%+227.2%FTA reportedAccelerating
Kuwait$28.2M94.8%+33.6%0% tariffGrowing
Iraq$19.0M89.2%+8.1%Not reportedGrowing
Russia$15.1M41.9%+9.8%0.1% tariffGrowing
India$13.9M43%+32%0.5% tariffAccelerating
Turkey$8.5M38.6%+92.3%0.1% tariffAccelerating
Argentina$7.9M39.8%+283.3%0.1% tariffAccelerating
Pakistan$7.5M69.6%+33.9%FTA reportedAccelerating
Republic of Korea$7.4M58.8%+27.6%FTA reportedAccelerating
Colombia$4.9M28.6%-6.8%0.1% tariffAccelerating

Destination

Saudi Arabia

Latest exports
$285.0M
Market share
34.2%
Growth
+277.2%
Access
0.1% tariff
Signal
Accelerating

Destination

United Arab Emirates

Latest exports
$146.4M
Market share
85.5%
Growth
+247.6%
Access
0.1% tariff
Signal
Accelerating

Destination

Libya

Latest exports
$86.9M
Market share
95.1%
Growth
+1,315%
Access
0.2% tariff
Signal
Accelerating

Destination

Nigeria

Latest exports
$57.6M
Market share
93.9%
Growth
+55.2%
Access
0.3% tariff
Signal
Accelerating

Destination

Oman

Latest exports
$53.3M
Market share
91.3%
Growth
+144.4%
Access
0.1% tariff
Signal
Growing

Destination

Indonesia

Latest exports
$28.6M
Market share
75.6%
Growth
+227.2%
Access
FTA reported
Signal
Accelerating

Destination

Kuwait

Latest exports
$28.2M
Market share
94.8%
Growth
+33.6%
Access
0% tariff
Signal
Growing

Destination

Iraq

Latest exports
$19.0M
Market share
89.2%
Growth
+8.1%
Access
Not reported
Signal
Growing

Destination

Russia

Latest exports
$15.1M
Market share
41.9%
Growth
+9.8%
Access
0.1% tariff
Signal
Growing

Destination

India

Latest exports
$13.9M
Market share
43%
Growth
+32%
Access
0.5% tariff
Signal
Accelerating

Destination

Turkey

Latest exports
$8.5M
Market share
38.6%
Growth
+92.3%
Access
0.1% tariff
Signal
Accelerating

Destination

Argentina

Latest exports
$7.9M
Market share
39.8%
Growth
+283.3%
Access
0.1% tariff
Signal
Accelerating

Destination

Pakistan

Latest exports
$7.5M
Market share
69.6%
Growth
+33.9%
Access
FTA reported
Signal
Accelerating

Destination

Republic of Korea

Latest exports
$7.4M
Market share
58.8%
Growth
+27.6%
Access
FTA reported
Signal
Accelerating

Destination

Colombia

Latest exports
$4.9M
Market share
28.6%
Growth
-6.8%
Access
0.1% tariff
Signal
Accelerating

Price intelligence

How does China's price position vary?

Price comparisons are shown where market-level unit-value observations are available. They describe reported trade values and quantities, not quoted selling prices.

Highest reported price

Eswatini: $4.3M / ton.

Lowest reported price

Brunei: $20.9 / ton.

Median price

$6.1K / ton across reported markets.

Export trend

Reported export history

Annual observations for China and HS 843049 where available.

YearExportsYear-on-year changeActive destinations
2010$532.2M-10.1%133
2011$733.7M+37.9%132
2012$973.1M+32.6%139
2013$946.9M-2.7%137
2014$1.0B+7.2%148
2015$1.0B-1.4%147
2016$648.0M-35.3%143
2017$316.8M-51.1%155
2018$551.6M+74.1%154
2019$457.0M-17.2%158
2020$209.9M-54.1%159
2021$157.6M-24.9%161
2022$270.5M+71.6%159
2023$577.9M+113.6%170
2024$848.4M+46.8%168

Exporter context

China economy and trade network

The exporter profile adds country-level trade and structural context to the selected product position. These indicators describe the country overall and are not limited to HS 843049.

China has reported exports of $3.5T and a trade balance of $1.2T in 2024.

Available structural indicators include 34.6% trade openness, 44.5% investment, and 270 active trade partners.

Reported values

Export totals and destination values describe reported merchandise trade for the stated exporter, HS6 classification, and available year.

Calculated indicators

Growth, concentration, weighted share, volatility, drawdown, and price comparisons are calculated from reported observations.

Coverage

Missing values remain “Not reported”. Country-level indicators are presented separately from product-level observations.

Frequently asked questions

Questions about China boring and sinking machinery: not self-propelled exports

Quick answers based on the figures and coverage shown on this page.

How strong is this exporter?

Use latest exports, destination breadth, growth, concentration, and weighted share together rather than relying on one measure.

Which markets are most important?

The destination table ranks reported markets by the latest observed export value.

Does the price section show quotes?

No. It summarizes reported trade value and quantity observations converted to unit values.

What should be checked next?

Compare this exporter with buyer markets, corridors, and the product overview before making a commercial decision.