Excavation machinery trade by country: top importers, exporters and prices
World trade in excavation machinery was worth $13.35 billion in 2024, about 5.04 million tonnes. That is an increase of 36% since 2017, and down 1% on 2023.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
World trade by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $13.35B | 5.04M t |
| 2023 | $13.48B | 1.94M t |
| 2022 | $12.01B | 1.19M t |
| 2021 | $11.34B | 1.42M t |
| 2020 | $9.94B | 1.26M t |
| 2019 | $11.84B | 2.05M t |
| 2018 | $12.29B | 973.6K t |
| 2017 | $9.80B | 960.0K t |
Top excavation machinery exporting countries
China is the largest exporter with 28% of world exports, followed by Germany and the United States. The top three supply 49% between them, out of 174 exporting countries.
| Exporter | Value | Share |
|---|---|---|
| China | $3.73B | 28% |
| Germany | $1.47B | 11% |
| United States | $1.34B | 10% |
| Sweden | $844.6M | 6.3% |
| Finland | $741.4M | 5.6% |
| Italy | $741.1M | 5.6% |
| Canada | $360.8M | 2.7% |
| Indonesia | $353.2M | 2.7% |
| Austria | $349.8M | 2.6% |
| India | $341.5M | 2.6% |
| Japan | $267.8M | 2% |
| South Korea | $244.1M | 1.8% |
Top importing countries and buyer markets
The largest importers are the United States (10%), Saudi Arabia (6%) and Canada (5%). 216 countries imported it, and the top three take 21% of the value.
| Importer | Value | Share |
|---|---|---|
| United States | $1.39B | 10% |
| Saudi Arabia | $862.8M | 6.5% |
| Canada | $621.2M | 4.7% |
| Australia | $592.0M | 4.4% |
| Russia | $502.8M | 3.8% |
| Turkey | $394.3M | 3% |
| United Arab Emirates | $366.6M | 2.8% |
| India | $351.9M | 2.6% |
| Qatar | $340.7M | 2.6% |
| Italy | $335.7M | 2.5% |
| Brazil | $321.3M | 2.4% |
| Germany | $307.8M | 2.3% |
Average price per kg
The world average declared value was about $2.65 per kg in 2024. Among the main exporters, Finland averaged $22.88 per kg and China $6.00 per kg, so grade and origin matter.
Declared value divided by weight, all 2024 shipments worldwide. Prices per shipment and per company are in EximDataX.
Who is behind these numbers in this market?
Public statistics stop at country totals and the last published year. EximDataX shows the shipment records underneath: the companies, dates, quantities and declared values, updated weekly.
Shipment records are in the platform
Tell us what you trade and we will show you the latest records on a live call.
Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 8430: Moving, grading, levelling, scraping, excavating, tamping, compacting, extracting or boring machinery, for earth, minerals, or ores; pile drivers and extractors; snow ploughs and snow blowers. HS 8430 codes.
Common questions
Which countries export the most excavation machinery?
China exported $3.73 billion in 2024, 28% of the world total, followed by Germany (11%) and the United States (10%). In all, 174 countries reported exports of this product. The full ranking and map are on this page.
Which countries import the most excavation machinery?
The United States imported $1.39 billion in 2024, 10% of world imports, ahead of Saudi Arabia (6%) and Canada (5%). The top three importers together take 21%. Each country with its own page is linked from the table.
How big is the world trade in excavation machinery?
It was worth $13.35 billion in 2024, about 5.04 million tonnes. That is an increase of 36% since 2017. The peak year was 2023 at $13.48 billion. 174 countries reported exports and 216 reported imports.
What is the average price of excavation machinery per kg?
The world average declared value was about $2.65 per kg in 2024. Among the main exporters, Finland averaged $22.88 per kg and China $6.00 per kg, so grade and origin matter. It is total declared value divided by total weight, so treat it as a benchmark, not a quote.
What is the HS code for excavation machinery?
The HS code for excavation machinery is heading 8430, in chapter 84 (machinery and mechanical appliances, boilers, nuclear reactors; parts thereof). Customs uses this code worldwide at the six-digit level; national tariffs add more digits. The full list of codes is on the HS 8430 page.
How can I find excavation machinery buyers and suppliers?
Public statistics stop at country totals. EximDataX shows the importers and exporters behind this trade from shipment-level customs records, updated weekly, with direct customs feeds and mirror data. Tell us your product and we will show you the latest records on a live call.
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