T3 · Product exporter position

China exports of Machinery: parts of machines handling earth, minerals or ores and n.e.c. in heading no. 8431 (HS 843149)

See where China stands in machinery: parts of machines handling earth, minerals or ores and n.e.c. in heading no. 8431: export scale, destination breadth, market position, growth, and reported trade history.

Exporter CHNHS6 843149Latest year 2024Growing

Latest exports

$7.5BLatest observed lane total

Destination markets

197Reported active markets

Three-year growth

+5%Annualized change

Destination HHI

578Destination concentration

Weighted share

42.5%Reported market position

Exporter evidence

How strong is China in Machinery: parts of machines handling earth, minerals or ores and n.e.c. in heading no. 8431?

Reported exporter totals and calculated indicators for HS 843149. Values retain their observed coverage period.

Exporter scale

Latest exports$7.5B
Current 2024 exports$7.5B
Three-year average$7.7B
Historical peak$9.2B

Market position

Active destinations197
Destination HHI578
Weighted share42.5%
Share change+3.1 pp

Competitiveness

Three-year growth+5%
Volatility1.1
Maximum drawdown72.7%
TrendGrowing
MeasureValueWhat it describes
ExporterChinaCountry represented by this profile
Latest observed exports$7.5BSum of latest observed destination-lane values
Current 2024 exports$7.5BCommon-year comparison where reported
Three-year growth+5%Annualized change in exporter totals
Five-year growth+9.8%Annualized change in exporter totals
Leading destinationJPNDestination with the largest observed export value
Leading destination share14.4%Share of observed exporter totals
Destination concentration578HHI across destination markets
Weighted share change+3.1 ppValue-weighted latest change in market share
Limited-history lanes0.5%Share of lanes with shorter history

Destination markets

Where does China sell machinery: parts of machines handling earth, minerals or ores and n.e.c. in heading no. 8431?

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

DestinationLatest exportsMarket shareGrowthAccessSignal
Japan$1.1B71.8%-5.6%0% tariffGrowing
USA, Puerto Rico and US Virgin Islands$946.3M22.2%+0.5%0% tariffGrowing
Russia$514.2M77.3%+39.9%0.1% tariffAccelerating
India$483.8M56.3%+14.4%0.5% tariffAccelerating
Brazil$346.2M41.5%-2.2%0.3% tariffAccelerating
Indonesia$274.6M29.7%+14%FTA reportedGrowing
Australia$270.1M22.7%+6.9%FTA reportedGrowing
Thailand$235.8M64%+6.2%FTA reportedAccelerating
Canada$235.5M15.7%+1.6%0.1% tariffGrowing
United Kingdom$214.5M22.9%-5.5%Not reportedGrowing
Republic of Korea$211.7M56.1%-15.3%FTA reportedGrowing
Italy$183.7M28.1%-2.8%0% tariffGrowing
United Arab Emirates$157.8M37.9%+32.5%0.1% tariffAccelerating
Germany$141.1M6.5%-6.8%0% tariffGrowing
Singapore$133.6M25.3%+15.1%FTA reportedAccelerating

Destination

Japan

Latest exports
$1.1B
Market share
71.8%
Growth
-5.6%
Access
0% tariff
Signal
Growing

Destination

USA, Puerto Rico and US Virgin Islands

Latest exports
$946.3M
Market share
22.2%
Growth
+0.5%
Access
0% tariff
Signal
Growing

Destination

Russia

Latest exports
$514.2M
Market share
77.3%
Growth
+39.9%
Access
0.1% tariff
Signal
Accelerating

Destination

India

Latest exports
$483.8M
Market share
56.3%
Growth
+14.4%
Access
0.5% tariff
Signal
Accelerating

Destination

Brazil

Latest exports
$346.2M
Market share
41.5%
Growth
-2.2%
Access
0.3% tariff
Signal
Accelerating

Destination

Indonesia

Latest exports
$274.6M
Market share
29.7%
Growth
+14%
Access
FTA reported
Signal
Growing

Destination

Australia

Latest exports
$270.1M
Market share
22.7%
Growth
+6.9%
Access
FTA reported
Signal
Growing

Destination

Thailand

Latest exports
$235.8M
Market share
64%
Growth
+6.2%
Access
FTA reported
Signal
Accelerating

Destination

Canada

Latest exports
$235.5M
Market share
15.7%
Growth
+1.6%
Access
0.1% tariff
Signal
Growing

Destination

United Kingdom

Latest exports
$214.5M
Market share
22.9%
Growth
-5.5%
Access
Not reported
Signal
Growing

Destination

Republic of Korea

Latest exports
$211.7M
Market share
56.1%
Growth
-15.3%
Access
FTA reported
Signal
Growing

Destination

Italy

Latest exports
$183.7M
Market share
28.1%
Growth
-2.8%
Access
0% tariff
Signal
Growing

Destination

United Arab Emirates

Latest exports
$157.8M
Market share
37.9%
Growth
+32.5%
Access
0.1% tariff
Signal
Accelerating

Destination

Germany

Latest exports
$141.1M
Market share
6.5%
Growth
-6.8%
Access
0% tariff
Signal
Growing

Destination

Singapore

Latest exports
$133.6M
Market share
25.3%
Growth
+15.1%
Access
FTA reported
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

Ecuador: $139.3K / ton.

Lowest reported price

Mozambique: $36.0 / ton.

Median price

$3.8K / ton across reported markets.

Export trend

Reported export history

Annual observations for China and HS 843149 where available.

YearExportsYear-on-year changeActive destinations
2010$1.7B+59.3%178
2011$2.7B+58%183
2012$3.1B+14.4%187
2013$3.2B+2.4%186
2014$3.6B+12.5%193
2015$3.2B-12.2%187
2016$3.1B-2.3%191
2017$3.8B+22.8%193
2018$4.7B+23.7%194
2019$4.7B-1%195
2020$4.0B-13.8%194
2021$6.4B+60.2%198
2022$8.1B+25.5%195
2023$7.5B-7.6%197
2024$7.5B-0.1%197

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 843149.

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 of machines handling earth, minerals or ores and n.e.c. in heading no. 8431 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.