The best thing to keep an eye on is not 25,445 excavators sold in june, but more exports than in the country
According to the monthly sales bulletin issued by the china engineering and machinery industry association, the total number of excavators sold in june 2026 was 25445, an increase of 35. 3 per cent over the same period, of which 10898 were domestic and 14547 were exported
It's not just a month's bump
From january to june, the cumulative sales of excavators amounted to 15,2320, an increase of 26. 4 per cent over the same period, of which 73,295 were exported
In may, the number of excavators sold reached 24794, an increase of 36. 2 per cent over the same period, of which 11628 were in the country, an increase of 38. 6 per cent over the same period
Two months of high-level growth, which means that the round of warming is not a temporary rush, but is working together on orders, site and replacement needs
When many people see this number, the first reaction is the old one
Really
The most obvious change in this round is that both domestic and overseas are moving, but the drivers have changed
Look overseas first
The fact that 14547 exports are there means that the chinese excavators are not just on the domestic market, but have taken positions on global sites
Exports of engineering machinery increased by 33. 4 per cent over the same month, reaching $4. 638 billion, or 43. 4 per cent of total exports, to countries and regions where the “one way forward” was built
Export growth in african markets reached 77 per cent
By january and may, exports of engineering machinery had accumulated at $27,902 million, an increase of 20. 8 per cent over the previous year, while exports of $6,067 million per month in may, an increase of more than 20 per cent
Behind these numbers is a growing sense of china's presence in overseas infrastructure chains, rather than simply selling a few more devices
For a long time, the domestic market for engineering machinery has been locked in foreign brands. It's hard to hold it down
Things have changed now
Three-one, xu, willow, and so on, it wasn't cheap, but cost, delivery, spare parts, maintenance responses
The same tonnage equipment is more expensive, performance has crossed the threshold of "use or not," and many emerging market customers are naturally recalculated
When a device is not only affordable, it's fast to fix, and the parts are up to speed, the market share is moved
Look at the country, it looks like it's rising, but the logic is different
In june, 10898 domestic excavators were sold, an increase of 33. 9 per cent over the same period
The total number of loaders sold during the same period was 15002, of which 7002 were domestic, of which 4215 were electric loaders, an increase of 16. 4 per cent over the same period
More than 60% of the loader's domestic sales are power-driven. This detail is more problematic than the volume itself
The electricization in the excavators is not much at present
It's not much. It's clear
This isn't a re-emergence of traditional sprawl, but equipment upgrades and electric replacements are re-washing the industry
The last sales peak was in 2016-2018, with many equipment entering the centralized replacement window based on common life cycles
The old machine's fuel is high, it's broken and it's under pressure
Mines, ports, cities, and so on
The old diesels are out, the new electric equipment is in, and that's the real bottom of the rise in domestic sales
There are signs of this change
The january 2026 data on the start-up rate of engineering machinery showed a 48. 6 per cent start-up rate for excavators, 44. 6 per cent for loaders, 60. 6 per cent for car cranes and 36. 7 per cent for tower cranes
It's not crazy to start work, but it shows that both the company and the project are preparing in advance
The industry didn't go back to that ludicrous era, but the machine had re-emerged, more efficient, more structural
The deployment of “new forms of the smart economy” at the national level has also given this trend a clearer direction
New capital projects such as the promotion of mega-massive intelligence clusters, computing synergetics, with emphasis on electricity integration
It's a little far away from engineering, actually
Electricization, intelligent control, energy-saving alternatives, which are already part of the upgrading of conventional equipment, and engineering machinery is no longer just an iron bump, but is becoming a more efficient means of production
At the industry science festival in hangzhou in june, digitalization, intellectualization, greening became the key to almost all discussions. Word
The industry development conference held in beijing also set clear industry goals: steady growth in business income, faster growth in total profits than growth in business income, and accelerated investment in science, technology and innovation
It's like sending a signal to the market that the industry not only wants to sell much more, but also to sell more and make more money
Of course, good numbers don't mean no worries
The biggest fear in the engineering and machinery industry is never the absence of an order. It's the high-profile, cash-deficit
Financial leases continue to be a problem
A lot of the equipment is not a one-off cash deal, but a down payment, long term or even more relaxed way of selling
The sales are going up, the receivables may follow
Once the project fails to meet expectations, the equipment is recovered, the second cell is discounted, and the payback is under pressure, these old problems will come back
The same goes for overseas markets
Exchange rates, tariffs, changes in the local environment, return cycles affect the real profits of enterprises
So this report card in june can show warmth, but we can't just drop the word "prudence."
The real point is that this round is not just about one force
Exports are expanding, updates are coming, electricization is accelerating, and industrial chain synergy is increasing
The change in sales of an excavator, involving steel, hydraulics, electrics, control systems, logistics services and construction needs, was never just a small fluctuations in industry
When the structures of 14547 exits and 10898 in the country appear, it has been shown that chinese engineering machinery is no longer just looking at the site outside the house
When the electric loaders were sold to 4215 in the country, it also meant that the industry was no longer just slamming around
This round of growth is really visible
The sound of the machine moving is still familiar
Just this once, there's something new in the noise
It's not just the heat of construction, it's more like an industry that, after a change of arms, finally rediscovers the power of the forward
