Sinotruk: Export Might Soars as Global Market Explodes

2026-01-14

In 2025, China National Heavy Duty Truck Group (Sinotruk) continues to consolidate its leading position in the industry, with particularly strong performance in exports and a further expansion of its competitive edge in international markets.
Leveraging its long-term and well-established global market presence, Sinotruk has maintained its No.1 ranking in China’s heavy-duty truck export sales for 20 consecutive years.
According to the latest data, from January to August 2025, Sinotruk accounted for 45.8% of China’s heavy-duty truck export market, representing a year-on-year increase of 5.1 percentage points and further reinforcing its industry leadership.
While continuing to strengthen its position in traditional core markets such as Russia, Sinotruk has also achieved rapid growth in non-Russian regions. Export sales to markets including the Middle East, Latin America, and Southeast Asia rose by 41.7% year-on-year during the same period, underscoring the effectiveness of its global expansion strategy.
Amid intensifying competition in the domestic heavy-duty truck market and the broader trend toward curbing excessive price competition, Sinotruk has successfully improved vehicle gross margins by enhancing product performance and accelerating overseas expansion, with further upside potential of more than three percentage points, reflecting continued improvement in overall operating quality.