Shenzhen suppliers see orders from Russia, Ethiopia, US, Canada

Shenzhen-based suppliers report a record number of mining equipment orders from Russia, Ethiopia, the U.S., and Canada. International demand soared by over 70% in the past 60 days. The average batch now reaches 500-600 units, whereas previous shipments rarely exceeded 200 units.

Export transactions grew by 45% over the last three months. Russian clients represent about 30% of new orders, while the U.S. and Canada combined account for roughly 40%. Ethiopia unexpectedly emerged as a leading emerging market, showing a 15% uptick in interest.

Analysts believe this broad geographic coverage signifies a worldwide industry expansion. Shenzhen warehouses empty fast, forcing companies to upgrade logistics to meet demand. This scenario reflects the global mining trend, as players seek cutting-edge capabilities.