T3 · Product exporter position

China exports of Boring or sinking machinery: parts of the machinery of item no. 8430.41 or 8430.41 (HS 843143)

See where China stands in boring or sinking machinery: parts of the machinery of item no. 8430.41 or 8430.41: export scale, destination breadth, market position, growth, and reported trade history.

Exporter CHNHS6 843143Latest year 2024Rapid growth

Latest exports

$2.5BLatest observed lane total

Destination markets

185Reported active markets

Three-year growth

+36.1%Annualized change

Destination HHI

784Destination concentration

Weighted share

32.6%Reported market position

Exporter evidence

How strong is China in Boring or sinking machinery: parts of the machinery of item no. 8430.41 or 8430.41?

Reported exporter totals and calculated indicators for HS 843143. Values retain their observed coverage period.

Exporter scale

Latest exports$2.5B
Current 2024 exports$2.5B
Three-year average$2.0B
Historical peak$3.8B

Market position

Active destinations185
Destination HHI784
Weighted share32.6%
Share change+4.2 pp

Competitiveness

Three-year growth+36.1%
Volatility1.2
Maximum drawdown85.2%
TrendRapid growth
MeasureValueWhat it describes
ExporterChinaCountry represented by this profile
Latest observed exports$2.5BSum of latest observed destination-lane values
Current 2024 exports$2.5BCommon-year comparison where reported
Three-year growth+36.1%Annualized change in exporter totals
Five-year growth+13.9%Annualized change in exporter totals
Leading destinationSAUDestination with the largest observed export value
Leading destination share21.6%Share of observed exporter totals
Destination concentration784HHI across destination markets
Weighted share change+4.2 ppValue-weighted latest change in market share
Limited-history lanes6.5%Share of lanes with shorter history

Destination markets

Where does China sell boring or sinking machinery: parts of the machinery of item no. 8430.41 or 8430.41?

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

DestinationLatest exportsMarket shareGrowthAccessSignal
Saudi Arabia$531.9M25.9%+147.1%0.1% tariffAccelerating
Russia$271.7M92.1%+65%0.1% tariffGrowing
USA, Puerto Rico and US Virgin Islands$233.5M20.2%+24.3%0% tariffGrowing
Singapore$132.7M22.6%+11.1%FTA reportedGrowing
United Arab Emirates$84.4M18.8%+39.1%0.1% tariffGrowing
Australia$80.5M22%+29.8%FTA reportedAccelerating
Canada$60.6M15.2%+21.1%0.1% tariffAccelerating
Indonesia$60.6M24.7%+37.4%FTA reportedAccelerating
Iraq$59.8M50.3%+30.6%Not reportedAccelerating
India$50.6M23.7%+19.3%0.5% tariffAccelerating
Kuwait$48.6M23.5%+0.6%0% tariffGrowing
Malaysia$43.2M15.9%+13.8%FTA reportedAccelerating
United Kingdom$43.1M15.5%+32%Not reportedAccelerating
Brazil$42.2M20.3%+46.8%0.3% tariffAccelerating
Oman$34.1M19.9%-0.8%0.1% tariffAccelerating

Destination

Saudi Arabia

Latest exports
$531.9M
Market share
25.9%
Growth
+147.1%
Access
0.1% tariff
Signal
Accelerating

Destination

Russia

Latest exports
$271.7M
Market share
92.1%
Growth
+65%
Access
0.1% tariff
Signal
Growing

Destination

USA, Puerto Rico and US Virgin Islands

Latest exports
$233.5M
Market share
20.2%
Growth
+24.3%
Access
0% tariff
Signal
Growing

Destination

Singapore

Latest exports
$132.7M
Market share
22.6%
Growth
+11.1%
Access
FTA reported
Signal
Growing

Destination

United Arab Emirates

Latest exports
$84.4M
Market share
18.8%
Growth
+39.1%
Access
0.1% tariff
Signal
Growing

Destination

Australia

Latest exports
$80.5M
Market share
22%
Growth
+29.8%
Access
FTA reported
Signal
Accelerating

Destination

Canada

Latest exports
$60.6M
Market share
15.2%
Growth
+21.1%
Access
0.1% tariff
Signal
Accelerating

Destination

Indonesia

Latest exports
$60.6M
Market share
24.7%
Growth
+37.4%
Access
FTA reported
Signal
Accelerating

Destination

Iraq

Latest exports
$59.8M
Market share
50.3%
Growth
+30.6%
Access
Not reported
Signal
Accelerating

Destination

India

Latest exports
$50.6M
Market share
23.7%
Growth
+19.3%
Access
0.5% tariff
Signal
Accelerating

Destination

Kuwait

Latest exports
$48.6M
Market share
23.5%
Growth
+0.6%
Access
0% tariff
Signal
Growing

Destination

Malaysia

Latest exports
$43.2M
Market share
15.9%
Growth
+13.8%
Access
FTA reported
Signal
Accelerating

Destination

United Kingdom

Latest exports
$43.1M
Market share
15.5%
Growth
+32%
Access
Not reported
Signal
Accelerating

Destination

Brazil

Latest exports
$42.2M
Market share
20.3%
Growth
+46.8%
Access
0.3% tariff
Signal
Accelerating

Destination

Oman

Latest exports
$34.1M
Market share
19.9%
Growth
-0.8%
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

VGB: $454.9K / ton.

Lowest reported price

Mozambique: $44.9 / ton.

Median price

$6.6K / ton across reported markets.

Export trend

Reported export history

Annual observations for China and HS 843143 where available.

YearExportsYear-on-year changeActive destinations
2010$1.1B+8.2%161
2011$1.4B+25.1%160
2012$1.6B+13.9%170
2013$1.8B+6.9%163
2014$2.0B+13.1%167
2015$1.3B-36.5%170
2016$885.1M-29.6%171
2017$1.1B+20%173
2018$1.2B+17.4%176
2019$1.3B+3%179
2020$861.7M-32.9%178
2021$975.1M+13.2%179
2022$1.5B+55.5%181
2023$2.1B+37.6%181
2024$2.5B+17.9%185

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 843143.

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 or sinking machinery: parts of the machinery of item no. 8430.41 or 8430.41 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.