中国贸易追踪及其对欧洲资本品行业的预示

In our China Import/Export Tracker, we examine 51 (8 new categories) specific capital goods product categories relevant to our coverage. We monitor for signs of competitive risk for companies in our coverage at a granular, product level. While Europe still leads in exports of capital goods within our tracked products, accounting for 42% of global volumes, its share has decreased from 54% in 2005. Meanwhile, China is steadily increasing its export presence in the global marketplace, gaining 15pp of market share, from 6% in 2005 to 21% in 2025. While most of this share has been captured in Emerging Markets, this presents increased competition for our covered companies. Europe's relative size in the global exports market, vs. China, is the highest in commercial vehicle engines, dairy machinery and rail brakes;