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843131 (Harmonized System 1992 for 6-digit)

2023
World Trade $5.95BRnk 612 / 4644
2023
Top Exporter | Top Importer $1.4B | $557MChina | United States
2023
Product Complexity 1Rnk 769 / 4656
2022 - 2023
Export Growth (CAGR) -0.58%Rnk 1609 / 4644
2023
Share of World Trade 0.026%Rnk 612 / 4644

About

Overview This page contains the latest trade data of Parts of lifts, skip hoist or escalators. In 2023, Parts of lifts, skip hoist or escalators were the world's 612th most traded product, with a total trade of $5.95B. Between 2022 and 2023 the exports of Parts of lifts, skip hoist or escalators decreased by -0.58%, from $5.99B to $5.95B. Trade in Parts of lifts, skip hoist or escalators represent 0.026% of total world trade.

Parts of lifts, skip hoist or escalators are a part of Excavation Machinery.

Exports In 2023 the top exporters of Parts of lifts, skip hoist or escalators  were China ($1.4B), Germany ($547M), Spain ($541M), Italy ($529M), and France ($286M).

Imports In 2023 the top importers of Parts of lifts, skip hoist or escalators were United States ($557M), Germany ($556M), Italy ($480M), France ($402M), and Spain ($265M).

Ranking Parts of lifts, skip hoist or escalators ranks 769th in the Product Complexity Index (PCI).

Description Typically, a lift or an escalator is a device that consists of a motorized platform on a track. A passenger either steps onto the device or enters it through a series of doors. The platform then moves up or down to a desired floor, and the passenger gets off.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Parts of lifts, skip hoist or escalators. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)China$1.4B
Top Destination (2023)United States$557M

In 2023 Parts of lifts, skip hoist or escalators were the world's 612th most traded product (out of 4,644).

In 2023, the top exporters of Parts of lifts, skip hoist or escalators were China ($1.4B), Germany ($547M), Spain ($541M), Italy ($529M), and France ($286M).

In 2023, the top importers of Parts of lifts, skip hoist or escalators were United States ($557M), Germany ($556M), Italy ($480M), France ($402M), and Spain ($265M).

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Exporters of Parts of lifts, skip hoist or escalators (2023)
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Importers of Parts of lifts, skip hoist or escalators (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Spain$48.7M
Top Destination Growth (2022 -  2023)United States$62M

Between 2022 and 2023, the exports of Parts of lifts, skip hoist or escalators grew the fastest in Spain ($48.7M), United Kingdom ($37.8M), Japan ($23.5M), Poland ($16.2M), and Mexico ($15.6M).

Between 2022 and 2023, the fastest growing importers of Parts of lifts, skip hoist or escalators were United States ($62M), Italy ($50M), Netherlands ($28.4M), Hong Kong ($25.6M), and China ($19M).

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Exporters of Parts of lifts, skip hoist or escalators (2022 - 2023)

Importers of Parts of lifts, skip hoist or escalators (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Parts of lifts, skip hoist or escalators.

In 2023, market concentration measured using Shannon Entropy, was 4.21. This means that most of the exports of Parts of lifts, skip hoist or escalators are explained by 18 countries.

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Value of Exports in Parts of lifts, skip hoist or escalators

Net Trade

TOP NET EXPORTER (2023)China$1.28B
TOP NET IMPORTER (2023)United States$419M

This map shows which countries export or import more of Parts of lifts, skip hoist or escalators. Each country is colored based on the difference in exports and imports of Parts of lifts, skip hoist or escalators during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Parts of lifts, skip hoist or escalators were China ($1.28B), Spain ($276M), Czechia ($185M), Turkey ($116M), and Finland ($105M).

In 2023, the countries that had a largest trade value in imports than in exports of Parts of lifts, skip hoist or escalators were United States ($419M), Netherlands ($199M), India ($167M), Hong Kong ($136M), and France ($116M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Parts of lifts, skip hoist or escalators.
It is possible to select the main countries that export or import Parts of lifts, skip hoist or escalators in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Parts of lifts, skip hoist or escalators by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

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