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Hoists, winches and jacks: top exporters and importers (2024)

In 2024, world trade in hoists, winches and jacks totaled $8.2 billion (1.8 million tonnes). The top exporters were China (35%), Germany (11%) and the United States (7%); the top importers were the United States (19%), Canada (5%) and France (5%). Compared with 2019, the value rose 15%.

Summary

World trade
$8.2billion
Tonnes
1.8million tonnes
Price per tonne
$4,535
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. China$2.9 billion · 35.4%
  2. Germany$899 million · 10.9%
  3. United States$579 million · 7%
  4. Italy$507 million · 6.2%
  5. France$322 million · 3.9%
  6. United Kingdom$278 million · 3.4%
  7. Canada$245 million · 3%
  8. Japan$218 million · 2.6%
  9. Finland$193 million · 2.3%
  10. Netherlands$182 million · 2.2%
    re-exports
  11. Spain$143 million · 1.7%
  12. South Korea$116 million · 1.4%
  13. Mexico$109 million · 1.3%
  14. Taiwan$104 million · 1.3%
  15. India$96 million · 1.2%
  16. Denmark$94 million · 1.1%
  17. Switzerland$89 million · 1.1%
  18. Poland$86 million · 1%
  19. Turkey$80 million · 0.97%
  20. Bulgaria$79 million · 0.96%

Top importers

  1. United States$1.6 billion · 18.8%
  2. Canada$378 million · 4.6%
  3. France$376 million · 4.6%
  4. Germany$352 million · 4.3%
  5. United Kingdom$304 million · 3.7%
  6. China$267 million · 3.3%
  7. Netherlands$228 million · 2.8%
    re-exports
  8. Australia$220 million · 2.7%
  9. Saudi Arabia$191 million · 2.3%
  10. Mexico$189 million · 2.3%
  11. Poland$187 million · 2.3%
  12. Russia$182 million · 2.2%
  13. South Korea$169 million · 2.1%
  14. Austria$163 million · 2%
  15. United Arab Emirates$159 million · 1.9%
  16. Italy$158 million · 1.9%
  17. Vietnam$155 million · 1.9%
  18. Japan$152 million · 1.9%
  19. Turkey$141 million · 1.7%
  20. Spain$140 million · 1.7%

Trend

Who sells it

China has been the top exporter since 2004

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

  • China 2.9
  • Germany 0.9
  • United States 0.58
  • Italy 0.51
  • France 0.32

Source: CEPII BACI

Show the numbers
Country19952024
China0.172.9
Germany0.380.9
United States0.260.58
Italy0.20.51
France0.10.32

Price

Implied price

The price per tonne rose 36% since 1995

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

  • 2024: $4,535

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$3,326
1996$3,305
1997$2,827
1998$3,060
1999$2,605
2000$6,168
2001$5,533
2002$5,903
2003$6,755
2004$4,655
2005$7,102
2006$7,235
2007$6,876
2008$6,690
2009$8,682
2010$2,211
2011$6,032
2012$4,818
2013$5,695
2014$7,276
2015$4,639
2016$5,119
2017$5,215
2018$6,198
2019$5,040
2020$3,859
2021$4,910
2022$5,146
2023$4,792
2024$4,535

What it includes

  • 8425 · Hoists, winches and jacks

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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