May 07, 2024 Leave a message

Elevator Exports Will Grow By 18.14% Year-on-year in 2024, A Good Start, And Africa Will Grow By 72.82% Year-on-year

     According to statistics from the General Administration of Customs, in the first two months of 2024, my country's elevator foreign trade continued the growth momentum since the fourth quarter of 2023, with import and export values ​​increasing by 13.60% year-on-year to 2.380 billion yuan. Among them, exports were 2.340 billion yuan, a year-on-year increase of 13.70%; imports were 38.9165 million yuan, a year-on-year increase of 9.10%; the import and export volume increased by 18.14% year-on-year to 15,502 units, and the import and export scale hit a record high for the same period in history, achieving a good start.

 

     It is particularly worth noting that in the face of continued sluggish external demand, my country's rapid export growth is hard-won. On the one hand, it is due to the low base last year, and on the other hand, my country's economic momentum is also gradually recovering. Since the beginning of this year, against the background of increasing complexity, severity, and uncertainty in the external environment, my country's elevator exports have achieved double-digit growth relying on innovation capabilities and product quality, and their competitive advantages have been further consolidated. Elevator companies have achieved remarkable results in market development by actively seizing opportunities, and their imports and exports to countries jointly building the "Belt and Road" increased by 22.80% year-on-year (quantity)

 

     Exports to the Middle East, ASEAN, CIS and Africa have grown rapidly. From January to February, the Middle East was my country's largest trading partner for elevator exports. my country exported 2,927 elevators to the Middle East, a year-on-year increase of 31.73%; ASEAN exports were 2,531 units, a year-on-year increase of 21.51%; the 7 CIS countries exported 1,467 units, A year-on-year increase of 34.59%; African exports were 1,208, a year-on-year increase of 72.82%.

Business partner

January-February 2024 January-February 2023 year-on-year growth

The Russian Federation

1036

858

20.75%

Saudi Arabia

702

346

102.89%

Indonesia

654

444

47.30%

United Arab Emirates

610

342

78.36%

Australia

600

559

7.33%

Kazakhstan

537

632

-15.03%

Thailand

383

319

20.06%

Malaysia

360

348

3.45%

India

333

246

35.37%

U.K.

328

444

-26.13%

Türkiye

316

237

33.33%

Mexico

311

251

23.90%

Vietnam

306

252

21.43%

Uzbekistan

306

317

-3.47%

Singapore

306

317

15.25%

USA

250

215

16.28%

 

 

     In terms of exporting countries, Russia exported the most, 1,036 units, a year-on-year increase of 20.75%; Saudi Arabia was second with 702 units, a year-on-year increase of 102.89%; Indonesia was third, with 654 units, a year-on-year increase of 47.30%; and the United Arab Emirates was fourth, with 610 units, a year-on-year increase of 78.36%. ; The fifth place, Australia, has 600 units, a year-on-year increase of 7.33%.

 

     As my country jointly builds the "One Belt and One Road" with high quality and continues to expand its foreign trade "circle of friends", it can be predicted that my country's elevator exports will have a more solid foundation for "stable" and "good" changes will become more prominent, supporting high-quality economic development. It will also be more powerful.

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