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842820 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.31BRnk 1817 / 4644
2023
Top Exporter | Top Importer $242M | $220MGermany | United States
2023
Product Complexity 0.46Rnk 1742 / 4656
2022 - 2023
Export Growth (CAGR) 6.65%Rnk 896 / 4644
2023
Share of World Trade 0.0058%Rnk 1817 / 4644

About

Overview This page contains the latest trade data of Pneumatic elevators and conveyors. In 2023, Pneumatic elevators and conveyors were the world's 1817th most traded product, with a total trade of $1.31B. Between 2022 and 2023 the exports of Pneumatic elevators and conveyors grew by 6.65%, from $1.22B to $1.31B. Trade in Pneumatic elevators and conveyors represent 0.0058% of total world trade.

Pneumatic elevators and conveyors are a part of Lifting Machinery.

Exports In 2023 the top exporters of Pneumatic elevators and conveyors  were Germany ($242M), China ($144M), Italy ($131M), United States ($115M), and Canada ($83.9M).

Imports In 2023 the top importers of Pneumatic elevators and conveyors were United States ($220M), India ($77.8M), Mexico ($63.4M), Italy ($54.7M), and France ($46.8M).

Ranking Pneumatic elevators and conveyors ranks 1742nd in the Product Complexity Index (PCI).

Description Pneumatic elevators are most often used in industrial settings, where they are used to move heavy objects, such as machinery and raw materials. They are also used in large buildings with many floors, and in warehouses. Conveyors are typically used in manufacturing plants and in industrial settings. They are used to transport objects quickly and efficiently.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Pneumatic elevators and conveyors. 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)Germany$242M
Top Destination (2023)United States$220M

In 2023 Pneumatic elevators and conveyors were the world's 1817th most traded product (out of 4,644).

In 2023, the top exporters of Pneumatic elevators and conveyors were Germany ($242M), China ($144M), Italy ($131M), United States ($115M), and Canada ($83.9M).

In 2023, the top importers of Pneumatic elevators and conveyors were United States ($220M), India ($77.8M), Mexico ($63.4M), Italy ($54.7M), and France ($46.8M).

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Exporters of Pneumatic elevators and conveyors (2023)
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Importers of Pneumatic elevators and conveyors (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$34M
Top Destination Growth (2022 -  2023)India$42.3M

Between 2022 and 2023, the exports of Pneumatic elevators and conveyors grew the fastest in United States ($34M), Spain ($17.3M), Romania ($16.8M), Germany ($15.3M), and India ($14.6M).

Between 2022 and 2023, the fastest growing importers of Pneumatic elevators and conveyors were India ($42.3M), Mexico ($29M), United States ($18.7M), Singapore ($14.3M), and Uzbekistan ($13.2M).

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Exporters of Pneumatic elevators and conveyors (2022 - 2023)

Importers of Pneumatic elevators and conveyors (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Pneumatic elevators and conveyors.

In 2023, market concentration measured using Shannon Entropy, was 4.4. This means that most of the exports of Pneumatic elevators and conveyors are explained by 21 countries.

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Value of Exports in Pneumatic elevators and conveyors

Net Trade

TOP NET EXPORTER (2023)Germany$203M
TOP NET IMPORTER (2023)United States$105M

This map shows which countries export or import more of Pneumatic elevators and conveyors. Each country is colored based on the difference in exports and imports of Pneumatic elevators and conveyors during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Pneumatic elevators and conveyors were Germany ($203M), China ($101M), Italy ($76.2M), Canada ($50.7M), and France ($29M).

In 2023, the countries that had a largest trade value in imports than in exports of Pneumatic elevators and conveyors were United States ($105M), Mexico ($61.3M), Indonesia ($41.8M), India ($29.1M), and Iran ($17.5M).

Net Trade (2023)

Country Comparison

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This visualization shows the countries that have an important ratio of their trade related to Pneumatic elevators and conveyors.
It is possible to select the main countries that export or import Pneumatic elevators and conveyors in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Pneumatic elevators and conveyors 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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