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843131 (Harmonized System 1992 for 6-digit)

2022
World Trade $5.54BRnk 690 / 4648
2022
Top Exporter | Top Importer $1.44B | $579MChina | Germany
2022
Product Complexity 0.89Rnk 942 / 4653
2021 - 2022
Export Growth (CAGR) 7.94%Rnk 1839 / 4648
2022
Share of World Trade 0.023%Rnk 690 / 4648

About

Overview This page contains the latest trade data of Parts of lifts, skip hoist or escalators. In 2022, Parts of lifts, skip hoist or escalators were the world's 690th most traded product, with a total trade of $5.54B. Between 2021 and 2022 the exports of Parts of lifts, skip hoist or escalators grew by 7.94%, from $5.13B to $5.54B. Trade in Parts of lifts, skip hoist or escalators represent 0.023% of total world trade.

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

Exports In 2022 the top exporters of Parts of lifts, skip hoist or escalators  were China ($1.44B), Italy ($526M), Spain ($456M), Germany ($393M), and Slovakia ($317M).

Imports In 2022 the top importers of Parts of lifts, skip hoist or escalators were Germany ($579M), United States ($531M), Italy ($374M), France ($318M), and Spain ($245M).

Ranking Parts of lifts, skip hoist or escalators ranks 942nd 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 (2022)China$1.44B
Top Destination (2022)Germany$579M

In 2022 Parts of lifts, skip hoist or escalators were the world's 690th most traded product (out of 4,648).

In 2022, the top exporters of Parts of lifts, skip hoist or escalators were China ($1.44B), Italy ($526M), Spain ($456M), Germany ($393M), and Slovakia ($317M).

In 2022, the top importers of Parts of lifts, skip hoist or escalators were Germany ($579M), United States ($531M), Italy ($374M), France ($318M), and Spain ($245M).

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Exporters of Parts of lifts, skip hoist or escalators (2022)
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Importers of Parts of lifts, skip hoist or escalators (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$183M
Top Destination Growth (2021 -  2022)Italy$75.9M

Between 2021 and 2022, the exports of Parts of lifts, skip hoist or escalators grew the fastest in China ($183M), Slovakia ($32.3M), Czechia ($31.9M), Netherlands ($28.5M), and Hungary ($26M).

Between 2021 and 2022, the fastest growing importers of Parts of lifts, skip hoist or escalators were Italy ($75.9M), United States ($62.8M), India ($38.2M), Slovakia ($37.9M), and Germany ($37M).

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Exporters of Parts of lifts, skip hoist or escalators (2021 - 2022)

Importers of Parts of lifts, skip hoist or escalators (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 4.19. 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 (2022)China$1.31B
TOP NET IMPORTER (2022)United States$404M

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Parts of lifts, skip hoist or escalators were China ($1.31B), Spain ($211M), Italy ($152M), Czechia ($149M), and Turkey ($124M).

In 2022, the countries that had a largest trade value in imports than in exports of Parts of lifts, skip hoist or escalators were United States ($404M), Germany ($186M), India ($163M), France ($130M), and Hong Kong ($120M).

Net Trade (2022)

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 (2022)

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