China remains the global leader in forklift manufacturing and exports, with 2024 marking another significant year of growth and transformation in the industry. This article provides a detailed analysis of China's forklift export market, focusing on the trends, changes in fuel vs. electric forklift proportions, and their implications for the global supply chain. China Forklift Export Market Overview In 2024, China solidified its position as the largest exporter of forklifts, supplying both fuel-powered and electric models to over 100 countries. Total forklift exports grew by an estimated 12% year-on-year , driven by strong demand in Asia, Europe, and emerging markets. The forklift industry in China is undergoing a notable shift, with electric forklifts steadily increasing their share of exports. Data indicates that electric forklifts accounted for 42% of total forklift exports in 2024 , a significant rise from 35% in 2023. This growth reflects the global transition to...