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    China's July elevator import and export data

    China's July elevator import and export data

    (Summary description)In the face of changes in the global situation and trade environment, seeking opportunities and development in the challenges is equally important to the elevator industry. This article aims to initially list the import and export data of China's elevator industry in July 2023, and shallow analysis of possible turning points and future directions.

    China's July elevator import and export data

    (Summary description)In the face of changes in the global situation and trade environment, seeking opportunities and development in the challenges is equally important to the elevator industry. This article aims to initially list the import and export data of China's elevator industry in July 2023, and shallow analysis of possible turning points and future directions.

    Information

    According to the latest statistics from the National Bureau of Statistics, the national output of elevators, escalators and lifts from January to June 2023 was 745,000 units, a cumulative increase of 12.9%. In terms of exports, according to statistics, from January to June 2023, the total export of passenger elevators, escalators and moving walkways across the country was 46,100 units, a year-on-year increase of 26.82%; the total export value was 7.316 billion yuan, a year-on-year increase of 38.33%.

     

    According to relevant data in July from the State Bureau of Customs Statistics:

     

    Quantity and amount of import and export in July

     

    1. Import:

    Passenger elevators: 100 units, totaling ¥ 49,188,000;

    Escalators and moving walkways: None

    From January to July 2023, the number of imported elevators nationwide was 416 units, with a cumulative total of ¥ 205,462,556 . Compared with the same period last year, the total import volume from January to July 2022 was 654 units, with a cumulative total of ¥ 189,316,667 , a decrease of 238 units, and a total increase of approximately 8.5%.

     

    2. Export:

    Passenger elevators: 6874 units, total ¥ 1,037,548,836 ;

    Escalators and moving walkways: 1,154 units, total ¥ 276,734,916 ;

     

    Quantity and country of import and export

     

    In July, China's top three elevator importers were: Japan, South Korea, and Finland, with quantities of 52, 20, and 10 units respectively. The main sources of imports also include: Germany, Sweden, the United Kingdom, etc.

    In the first half of 2023, my country's passenger elevators, escalators and moving walkways exported to Russia with the highest export value, with a total export value of 599 million yuan; the second was Australia, with a total export value of ¥ 393 million; followed by Kazakhstan, with a total export value of ¥ 349 million.

     

    In July, in terms of the number of passenger elevator exports, Kazakhstan ranked first with 407 units, followed by: Russia 393 units, Australia 298 units, Indonesia 267 units, Vietnam 251 units, Saudi Arabia 249 units, UAE 218 units, and Thailand 216 units , Uzbekistan 215 units and the United States 210 units, ranking in the top ten respectively.

     

    In July, in terms of the number of escalators and moving walkways exported, India ranked first with 111 units, followed by 86 units in South Korea, 67 units in Thailand, 45 units in Singapore, 44 units in Vietnam, 42 units in Saudi Arabia, 41 units in Australia, and 40 units in Mexico. 36 units in Malaysia and 36 units in Uzbekistan.

    Escalator and moving walkways exit data for July 2023

     

    This year, China's foreign trade market has shown a trend of recovery and change. The construction of the "Belt and Road" and the implementation of RCEP are conducive to regional trade development. Trading partners along the "Belt and Road" have become a new direction for my country's elevator export growth. Going global has become the consensus of Chinese elevator manufacturing companies. At the same time, we will vigorously develop the import and export of related maintenance parts and drive the horizontal development of the industry.

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