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Hunan’s agricultural machinery sell well in BRI countries

2024-02-02

According to the statistics released by Changsha Customs, Hunan province exported agricultural machinery products worth 458 million yuan in 2023, up 11.21% year on year. These products were exported to countries in South Asia, Eastern Europe, Africa and other countries along the Belt & Road Initiative. 

 

Recently, a complete set of rice processing equipment worth 167,000 yuan was being loaded onto the truck in Hunan Chenzhou Grain and Oil Machinery Co., Ltd., which will be shipped to Southeast Asia.
 
An executive of the company said that its rice milling machines are popular in Southeast Asia, Africa and other places. In 2023, the export value of agricultural machinery increased by 43.4% year on year, and orders are expected to continue to grow rapidly this year.
 
In 2023, Hunan’s agricultural machinery achieved its first export through cross-border e-commerce B2B model, further expanding its export channels. Changsha Customs issued 1,572 certificates of origin for Hunan’s agricultural machinery export enterprises throughout the year, helping export products obtain tariff reductions of 24.207 million yuan in destination countries.