## FIRST 6 MONTHS EXPORT DATA OF ELEVATOR SECTOR

When we add global trade wars and increasing protectionism to all the negative developments in the global conjuncture for growth, we are going through one of the most difficult periods for Turkish exports. In short, the winds in the global economy have slowed down. The wind does not inflate the sails of exporting countries. But the Turkish elevator industry continues on its way without slowing down. Despite the global trade experiencing problems, the Turkish elevator sector completed exports in the first 6 months of 2023 with an increase of 14.3 percent compared to the same period of the previous year.

Exporting 164 million 375 thousand 640 dollars in the first half of 2022, the Turkish elevator sector increased its exports to 188 million 14 thousand 208 dollars in the first 6 months of this year.

The rate of increase in elevator exports was 21.4 percent The Turkish elevator sector, which continues to increase its export activities, increased its exports of complete elevator systems by 21.4 percent in the first 6 months of 2023 compared to the same period of the previous year, from 84 million 216 thousand 832 dollars to 102 million 294 thousand 219 dollars. The increase in component exports was limited. The sector increased its component exports worth 80 million 158 thousand 808 dollars in the first 6 months of 2022 by 6 percent in the same period of 2023 to 85 million 719 thousand 989 dollars.

The Turkish elevator sector realized the export value it achieved in the first 6 months of 2023 with a total export volume of 59 million 907 thousand 788 kilograms.

**Export kilogram value increased **

In the first 6 months of 2023, both elevator and component exports increased in kilogram value.

In the first 6 months of 2023, the value per kilogram of elevator exports was 3.83 dollars with 102 million 294 thousand 219 dollars obtained from 26 million 687 thousand 557 kilograms of elevator exports. In the first 6 months of 2022, the kilogram value of exports was recorded as 3.49 dollars, and in the whole year of 2022, it was recorded as 3 dollars.

With 85 million 719 thousand 989 dollars obtained from 33 million 220 thousand 231 kilograms of component exports made in the first 6 months of 2023, the value per kilogram of component exports increased to 2.58 dollars. This value was 2.37 dollars in the first 6 months of 2022.

**- In the first 6 months of 2023, total import value was 59 million 373 thousand 289 dollars **

In the first 6 months of 2023, Turkish elevator sector exports increased while a limited increase in imports was recorded. Importing a total of 57 million 860 thousand 418 dollars worth of products in the first half of 2022, the sector increased its imports by 2.6 percent in the same period of 2023 and imported 59 million 373 thousand 289 dollars worth.

While the sector's complete package elevator imports decreased, component imports increased. The sector, which made 43 million 101 thousand 490 dollars worth of elevator foreign purchases in the Subscribe to DeepL Pro to edit this document. Visit for more information. first half of 2022, reduced its elevator foreign purchases by 16 percent in the same period of 2023 to 35 million 815 thousand 510 dollars.

**Component import value increased by 60 percent **

Component imports in the elevator sector increased by 60 percent in the first 6 months of 2023. In the first 6 months of 2022, 14 million 758 thousand 928 dollars worth of foreign purchases were made in the elevator sector in the same period of 2023, imports of 23 million 557 thousand 779 dollars were realized.

In the first half of 2023, the elevator sector paid 4.7 dollars per kilogram for complete elevator system imports, while this value was 3 dollars per kilogram for component imports.

**- Total imports declined from $4 per kilogram to $3.86 per kilogram **

The total import value of the elevator sector in the first 6 months of 2022 was 4 dollars per kilogram. This value, which was 4 dollars in the first half of 2022, when 57 million 860 thousand 418 kilograms were imported, decreased to 3.86 dollars with 15 million 342 thousand 866 kilograms imported in the same period of 2023.

**- The sector gave a foreign trade surplus of approximately 129 million dollars **

The sector added a surplus value of 128 million 640 thousand 919 dollars to the Turkish economy in the first half of the year with its imports worth 59 million 373 thousand 289 dollars despite its exports worth 188 million 14 thousand 208 dollars in foreign trade in the first 6 months.

**- Package elevator exports worth 33 million 185 thousand 685 dollars were made to the Russian Federation **

After the invasion of Ukraine, most European countries' exports to Russia have fallen significantly. Turkey's general and elevator exports, on the other hand, have increased significantly. The war between the Russian Federation and Ukraine positively affected the export figures of the Turkish elevator industry. While the embargo imposed on the Russian Federation after the war and the sanctions imposed by the Russian Federation on European and American companies expanded the business volume of Turkish exporters in the Russian Federation in the elevator sector, the problems experienced in Ukraine caused a contraction in the business volume.

The country to which the Turkish elevator industry exported the most package elevators in the first 6 months of 2023 was again the Russian Federation by far. In the first half of 2023, a total of 33 million 185 thousand 685 dollars worth of package elevators were sent to the Russian Federation. In the same period of 2022, the export value of the package elevator to the Russian Federation was 12 million 385 thousand 992 dollars.

In the first half of 2023, exports to the Russian Federation increased by 167 percent compared to the previous period.

Elevator exports to Ukraine, which ranked second in the ranking of countries that bought the most package elevators from Turkey before the occupation, increased in the first half of 2023 compared to the same period of 2022. Ukraine, which bought 3 million 288 thousand 83 dollars worth of package elevators from Turkey in the first half of 2022, bought 4 million 459 thousand 66 dollars worth of package elevators in the same period of 2023.

In the first 6 months of 2023, the Russian Federation, which is by far the leader with an export value of 33 million 185 thousand 685 dollars in the ranking of the top 10 countries where the most package elevator exports were made in the first 10 countries in the first 6 months of 2023, Algeria with an export value of 14 million 388 thousand 520 dollars, Israel with an export value of 4 million 775 thousand 471 dollars, Ukraine with an export value of 4 million 459 thousand 66 dollars, Iraq with an export value of 4 million 19 thousand 1 dollars, Georgia with an export value of 3 million 858 thousand 527 dollars, Uzbekistan with an export value of 3 million 238 thousand 713 dollars, B.A.E., Tunisia with 1 million 905 thousand 846 dollars export value and Kosovo with 1 million 616 thousand 711 dollars export value.

**Package elevator exports to Kazakhstan down 82 percent **

When the export data of the elevator sector for 2023 were examined, the sharp decline in package elevator exports to Kazakhstan drew attention. In the first half of 2022, exports of package elevators from Turkey to Kazakhstan, which reached 3 million 311 thousand 145 dollars in the first half of the year, decreased by 82 percent to 591 thousand 441 dollars in the same period of 2023.

In the said period, package elevator exports to Azerbaijan decreased from 1 million 473 thousand 673 dollars to 536 thousand 798 dollars.

**- Package elevator imports continue to decline **

In the first half of 2023, package elevator imports decreased by 16 percent compared to the same period of 2022. While 43 million 101 thousand 490 dollars worth of package elevators were imported in the first 6 months of 2022, this figure was 35 million 815 thousand 510 dollars in the first half of 2023. In the first half of 2023, the unit price per kilogram of imported package elevator was recorded as 4.7 dollars.

**- China ranked first and Slovakia ranked second in elevator imports **

17 million 294 thousand 775 dollars of the 35 million 815 thousand 510 dollars worth of elevator imports made in the first half of 2023 was imported from China. In the countries where the most elevators were imported, China was followed by Slovakia with 6 million 37 thousand 829 dollars, Italy with 5 million 743 thousand 466 dollars and Germany with 3 million 434 thousand 943 dollars.

Finland, which was in the top 5 with 5 million 322 thousand 971 dollars of elevator imports in the first 6 months of 2022, could not enter the list with 64 thousand 588 dollars of elevator sales to Turkey in the first 6 months of 2023.

**- Component exports increased by 7 percent **

In the first 6 months of 2023, the elevator sector exported 33 million 220 thousand 231 kilograms of components worth 85 million 719 thousand 989 dollars. This figure was 80 million 158 thousand 808 dollars in the same period of 2022. In the first 6 months of 2023, the sector obtained a value of 2.58 dollars per kilogram from component exports.

**In the first half of 2023, the highest number of components were again shipped to Egypt **

In the first half of 2023, Iraq took the first place with 6 million 705 thousand 471 dollars among the countries where components were exported. Egypt in the top 10 countries with the most component exports; Saudi Arabia with 6 million 331 thousand 432 dollars export value, Russian Federation with 6 million 232 thousand 957 dollars export value, Iraq with 5 million 720 thousand 832 dollars, Algeria with 5 million 611 thousand 443 dollars export value, Iran with 4 million 277 thousand 604 dollars export value, Morocco with 4 million 194 thousand 344 dollars export value, Israel with 2 million 289 thousand 200 dollars export value, Georgia with 2 million 834 thousand 406 dollars export value and Bulgaria with 1 million 825 thousand 458 dollars export value.

**- The sector imported 23 million 557 thousand 779 dollars worth of components **

Turkish elevator sector made 23 million 557 thousand 779 dollars worth of foreign purchases in the first 6 months of 2023. In the same period of 2022, component imports were worth 14 million 758 thousand 928 dollars. Component kilogram price average decreased to 3 dollars for the first 6 months of 2023.

**- China ranked first and Italy second in component imports **

10 million 309 thousand 62 dollars of the 23 million 557 thousand 779 dollars worth of component imports made in the first 6 months of 2023 was imported from China. China was followed by Spain with 4 million 953 thousand 378 dollars, Italy with 4 million 400 thousand 421 dollars and Greece with 1 million 711 thousand 594 dollars