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842810 (Harmonized System 1992 for 6-digit)

2022
World Trade $6.65BRnk 584 / 4648
2022
Top Exporter | Top Importer $1.84B | $436MChina | Germany
2022
Product Complexity 0.62Rnk 1430 / 4653
2021 - 2022
Export Growth (CAGR) 3.41%Rnk 2464 / 4648
2022
Share of World Trade 0.028%Rnk 584 / 4648

About

Overview This page contains the latest trade data of Lifts and skip hoists. In 2022, Lifts and skip hoists were the world's 584th most traded product, with a total trade of $6.65B. Between 2021 and 2022 the exports of Lifts and skip hoists grew by 3.41%, from $6.43B to $6.65B. Trade in Lifts and skip hoists represent 0.028% of total world trade.

Lifts and skip hoists are a part of Lifting Machinery.

Exports In 2022 the top exporters of Lifts and skip hoists  were China ($1.84B), Spain ($681M), Italy ($532M), Germany ($498M), and Slovakia ($470M).

Imports In 2022 the top importers of Lifts and skip hoists were Germany ($436M), United Kingdom ($348M), France ($335M), United States ($332M), and Netherlands ($236M).

Ranking Lifts and skip hoists ranks 1430th in the Product Complexity Index (PCI).

Description Lifts are used to raise materials that are too heavy to be moved by manual labor or by forklifts. Skip hoists are used in warehouses, factories, and mines to transport material from one level to another.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Lifts and skip hoists. 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 (2022)China$1.84B
Top Destination (2022)Germany$436M

In 2022 Lifts and skip hoists were the world's 584th most traded product (out of 4,648).

In 2022, the top exporters of Lifts and skip hoists were China ($1.84B), Spain ($681M), Italy ($532M), Germany ($498M), and Slovakia ($470M).

In 2022, the top importers of Lifts and skip hoists were Germany ($436M), United Kingdom ($348M), France ($335M), United States ($332M), and Netherlands ($236M).

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Exporters of Lifts and skip hoists (2022)
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Importers of Lifts and skip hoists (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$196M
Top Destination Growth (2021 -  2022)Netherlands$97.2M

Between 2021 and 2022, the exports of Lifts and skip hoists grew the fastest in China ($196M), Slovakia ($99.9M), Spain ($63.5M), Turkey ($53.7M), and India ($49.6M).

Between 2021 and 2022, the fastest growing importers of Lifts and skip hoists were Netherlands ($97.2M), India ($33.3M), Kazakhstan ($29.1M), Australia ($28.5M), and Italy ($23.5M).

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Exporters of Lifts and skip hoists (2021 - 2022)

Importers of Lifts and skip hoists (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Lifts and skip hoists.

In 2022, market concentration measured using Shannon Entropy, was 4.01. This means that most of the exports of Lifts and skip hoists are explained by 16 countries.

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Value of Exports in Lifts and skip hoists

Net Trade

TOP NET EXPORTER (2022)China$1.77B
TOP NET IMPORTER (2022)United Kingdom$261M

This map shows which countries export or import more of Lifts and skip hoists. Each country is colored based on the difference in exports and imports of Lifts and skip hoists during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Lifts and skip hoists were China ($1.77B), Spain ($593M), Slovakia ($430M), Italy ($393M), and Sweden ($139M).

In 2022, the countries that had a largest trade value in imports than in exports of Lifts and skip hoists were United Kingdom ($261M), Russia ($204M), Australia ($199M), France ($181M), and Israel ($176M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Lifts and skip hoists 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 (2022)

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