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Elevators, escalators and conveyors: top exporters and importers (2024)

In 2024, world trade in elevators, escalators and conveyors totaled $37.7 billion (3.7 million tonnes). The top exporters were China (23%), Germany (14%) and Italy (6%); the top importers were the United States (20%), Germany (5%) and Canada (4%). Compared with 2019, the value rose 15%.

Summary

World trade
$37.7billion
Tonnes
3.7million tonnes
Price per tonne
$10,269
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. China$8.7 billion · 23%
  2. Germany$5.1 billion · 13.5%
  3. Italy$2.4 billion · 6.5%
  4. United States$2.2 billion · 5.9%
  5. South Korea$1.9 billion · 5%
  6. Netherlands$1.8 billion · 4.7%
    re-exports
  7. Japan$1.6 billion · 4.2%
  8. Canada$1.4 billion · 3.6%
  9. Austria$1.3 billion · 3.3%
  10. Spain$1.1 billion · 2.9%
  11. France$993 million · 2.6%
  12. Mexico$818 million · 2.2%
  13. United Kingdom$781 million · 2.1%
  14. Sweden$622 million · 1.7%
  15. Poland$579 million · 1.5%
  16. Turkey$521 million · 1.4%
  17. Finland$508 million · 1.4%
  18. Denmark$507 million · 1.4%
  19. Switzerland$505 million · 1.3%
  20. Slovakia$468 million · 1.2%

Top importers

  1. United States$7.6 billion · 20.2%
  2. Germany$1.9 billion · 5%
  3. Canada$1.5 billion · 4.1%
  4. United Kingdom$1.5 billion · 4.1%
  5. France$1.3 billion · 3.4%
  6. Mexico$1.2 billion · 3.1%
  7. China$1.2 billion · 3.1%
  8. Australia$1 billion · 2.7%
  9. India$1 billion · 2.7%
  10. Netherlands$919 million · 2.4%
    re-exports
  11. Vietnam$881 million · 2.3%
  12. Italy$705 million · 1.9%
  13. Russia$692 million · 1.8%
  14. Switzerland$681 million · 1.8%
  15. Spain$647 million · 1.7%
  16. Thailand$634 million · 1.7%
  17. Indonesia$612 million · 1.6%
  18. Turkey$595 million · 1.6%
  19. Saudi Arabia$574 million · 1.5%
  20. Poland$565 million · 1.5%

Trend

Who sells it

China has been the top exporter since 2014

Value in USD billions. The five largest exporters in 2024.

  • China 8.7
  • Germany 5.1
  • Italy 2.4
  • United States 2.2
  • South Korea 1.9

Source: CEPII BACI

Show the numbers
Country19952024
China0.048.7
Germany1.55.1
Italy0.592.4
United States0.982.2
South Korea0.381.9

Price

Implied price

The price per tonne rose 42% since 1995

Current US dollars per tonne: value over the weight reported by BACI.

  • 2024: $10,269

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$7,220
1996$7,724
1997$6,859
1998$6,224
1999$4,697
2000$6,537
2001$7,887
2002$7,723
2003$8,330
2004$8,839
2005$8,309
2006$8,647
2007$8,060
2008$10,070
2009$10,014
2010$4,632
2011$7,115
2012$10,036
2013$9,980
2014$9,983
2015$9,115
2016$8,522
2017$8,967
2018$9,334
2019$8,951
2020$7,914
2021$9,568
2022$9,987
2023$10,477
2024$10,269

What it includes

  • 8428 · Elevators, escalators and conveyors

Products in the same chapter

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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