T3 · Product exporter position

China exports of Machinery parts: buckets, shovels, grabs and grips, for the machinery of heading no. 8426 and 8430 (HS 843141)

See where China stands in machinery parts: buckets, shovels, grabs and grips, for the machinery of heading no. 8426 and 8430: export scale, destination breadth, market position, growth, and reported trade history.

Exporter CHNHS6 843141Latest year 2024Growing

Latest exports

$407.6MLatest observed lane total

Destination markets

187Reported active markets

Three-year growth

+7.6%Annualized change

Destination HHI

795Destination concentration

Weighted share

30%Reported market position

Exporter evidence

How strong is China in Machinery parts: buckets, shovels, grabs and grips, for the machinery of heading no. 8426 and 8430?

Reported exporter totals and calculated indicators for HS 843141. Values retain their observed coverage period.

Exporter scale

Latest exports$407.6M
Current 2024 exports$407.6M
Three-year average$401.7M
Historical peak$544.4M

Market position

Active destinations187
Destination HHI795
Weighted share30%
Share change+5.5 pp

Competitiveness

Three-year growth+7.6%
Volatility1.2
Maximum drawdown81.6%
TrendGrowing
MeasureValueWhat it describes
ExporterChinaCountry represented by this profile
Latest observed exports$407.6MSum of latest observed destination-lane values
Current 2024 exports$407.6MCommon-year comparison where reported
Three-year growth+7.6%Annualized change in exporter totals
Five-year growth+12.3%Annualized change in exporter totals
Leading destinationUSADestination with the largest observed export value
Leading destination share22.4%Share of observed exporter totals
Destination concentration795HHI across destination markets
Weighted share change+5.5 ppValue-weighted latest change in market share
Limited-history lanes4.5%Share of lanes with shorter history

Destination markets

Where does China sell machinery parts: buckets, shovels, grabs and grips, for the machinery of heading no. 8426 and 8430?

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

DestinationLatest exportsMarket shareGrowthAccessSignal
USA, Puerto Rico and US Virgin Islands$91.1M17.4%+6%0% tariffAccelerating
Australia$45.1M50.7%+2.7%FTA reportedGrowing
United Kingdom$28.7M26.9%-9.3%Not reportedAccelerating
Canada$19.7M16.4%+25.2%0.1% tariffAccelerating
Philippines$16.2M72%+70.2%FTA reportedAccelerating
Indonesia$15.9M40.8%+35%FTA reportedAccelerating
Brazil$14.3M31.5%+11.7%0.3% tariffAccelerating
Japan$13.2M32.1%-5.2%0% tariffGrowing
Chile$11.5M15.5%+21.7%FTA reportedGrowing
Mexico$10.2M15.6%+9.3%0.1% tariffAccelerating
Russia$10.0M57.5%+22.8%0.1% tariffAccelerating
Republic of Korea$8.9M61.2%-1%FTA reportedGrowing
Germany$7.7M4.7%-13.5%0% tariffAccelerating
Saudi Arabia$6.2M31.7%+27.2%0.1% tariffAccelerating

Destination

USA, Puerto Rico and US Virgin Islands

Latest exports
$91.1M
Market share
17.4%
Growth
+6%
Access
0% tariff
Signal
Accelerating

Destination

Australia

Latest exports
$45.1M
Market share
50.7%
Growth
+2.7%
Access
FTA reported
Signal
Growing

Destination

United Kingdom

Latest exports
$28.7M
Market share
26.9%
Growth
-9.3%
Access
Not reported
Signal
Accelerating

Destination

Canada

Latest exports
$19.7M
Market share
16.4%
Growth
+25.2%
Access
0.1% tariff
Signal
Accelerating

Destination

Philippines

Latest exports
$16.2M
Market share
72%
Growth
+70.2%
Access
FTA reported
Signal
Accelerating

Destination

Indonesia

Latest exports
$15.9M
Market share
40.8%
Growth
+35%
Access
FTA reported
Signal
Accelerating

Destination

Brazil

Latest exports
$14.3M
Market share
31.5%
Growth
+11.7%
Access
0.3% tariff
Signal
Accelerating

Destination

Japan

Latest exports
$13.2M
Market share
32.1%
Growth
-5.2%
Access
0% tariff
Signal
Growing

Destination

Chile

Latest exports
$11.5M
Market share
15.5%
Growth
+21.7%
Access
FTA reported
Signal
Growing

Destination

Mexico

Latest exports
$10.2M
Market share
15.6%
Growth
+9.3%
Access
0.1% tariff
Signal
Accelerating

Destination

Russia

Latest exports
$10.0M
Market share
57.5%
Growth
+22.8%
Access
0.1% tariff
Signal
Accelerating

Destination

Republic of Korea

Latest exports
$8.9M
Market share
61.2%
Growth
-1%
Access
FTA reported
Signal
Growing

Destination

Germany

Latest exports
$7.7M
Market share
4.7%
Growth
-13.5%
Access
0% tariff
Signal
Accelerating

Destination

Saudi Arabia

Latest exports
$6.2M
Market share
31.7%
Growth
+27.2%
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

Latvia: $461.3K / ton.

Lowest reported price

Grenada: $200.0 / ton.

Median price

$3.2K / ton across reported markets.

Export trend

Reported export history

Annual observations for China and HS 843141 where available.

YearExportsYear-on-year changeActive destinations
2010$69.8M+22.2%155
2011$125.1M+79.3%157
2012$175.5M+40.2%155
2013$177.3M+1%166
2014$183.0M+3.2%170
2015$163.5M-10.6%172
2016$145.1M-11.2%175
2017$179.5M+23.6%173
2018$237.6M+32.4%178
2019$228.5M-3.8%177
2020$187.8M-17.8%177
2021$327.6M+74.4%177
2022$432.1M+31.9%179
2023$365.3M-15.5%190
2024$407.6M+11.6%187

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 843141.

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 machinery parts: buckets, shovels, grabs and grips, for the machinery of heading no. 8426 and 8430 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.