Analysis of PANDA exports products in the first three quarters of 2023
In the first three quarters of 2023, PANDA's mining accessories exports continued to grow as a whole, and specific to the main regional export markets, they showed great differentiation.
In terms of major export countries, the total export value of the top 20 countries and regions accounted for 67.5% of the total export value. Among them, the export value to the Russian Federation and Peru increased by more than 100% year-on-year; the export value to Saudi Arabia, Mexico, the United Arab Emirates, and Uzbekistan all increased by more than 50% year-on-year. In addition, the growth rate of exports to Mongolia, Malaysia, Kazakhstan, Chile and other countries is also relatively high. At the same time, exports to Ecuador, Indonesia, Bolivia, Australia, Brazil, South Africa, Thailand, Germany, Kenya and Canada all increased, with the largest increase of 34.05% in Peru.
In terms of sales volume, from January to September 2023, PANDA EQUIPMENT sold to Russia (58%), Ecuador (21%), Saudi Arabia (65%), Tanzania (56%), Kazakhstan (79%), and Peru (303%). ) and Chile (187%) and other regions’ cumulative export volume increased significantly year-on-year.
