## TURKISH ELEVATOR INDUSTRY INCREASED ITS EXPORTS BY 17 PERCENT IN 2021

The Turkish elevator industry continued its intense upward trend in exports in 2021 as well. The Turkish elevator industry, which is powerful in foreign trade and has a foreign trade surplus, increased its exports of 249 million 987 thousand 980 dollars in 2020 by 17 percent, and actualized an export of 300 million 876 thousand 411 dollars in entire 2021. The Turkish elevator industry, which imported products worth 153 million 61 thousand 152 dollars in 2021, brought a foreign trade surplus of 147 million 815 thousand 259 dollars to the economy. The total foreign trade of the industry in 2021 was 453 million 937 thousand 563 dollars.

The Turkish elevator industry obtained 148 million 951 thousand 930 dollars of the value of 300 million 876 thousand 411 dollars from exports in 2021, and 151 million 884 thousand 481 dollars from component exports. The increase in component exports in 2021 attracted attention. The 2021 component export value of 151 million 884 thousand 481 dollars was 118 million 180 thousand 759 dollars in 2020.

The Turkish elevator industry obtained 148 million 951 thousand 930 dollars in 2021 from package elevator exports and 151 million 884 thousand 481 dollars from component exports out of the exports worth 300 million 876 thousand 411 dollars. The increase in component exports in 2021 attracted attention. The 2021 component export value of 151 million 884 thousand 481 dollars was 118 million 180 thousand 759 dollars in 2020.

The industry exported 44 million 751 thousand 247 kilograms of package elevators and 73 million 344 thousand 195 kilograms of components in 2021. The average unit price of the industry’s total exports was 2.54 dollars/kg.

While the rate of increase in elevator exports was 11.5 percent, the rate of increase in imports exceeded 27 percent.

It was observed that the export value of package elevators increased by 11.5 percent in 2021. The amount of 131 million 807 thousand 221 dollars obtained from package elevator exports in 2020 increased to 148 million 991 thousand 930 dollars in 2021.

In 2021, the rate of increase in the import value of package elevators exceeded 27 percent. Package elevator imports, which were worth 87 million 411 thousand 978 dollars in 2020, reached 120 million 254 thousand 907 dollars in 2021.

The foreign trade surplus achieved by the industry in the foreign trade of package elevators in 2021 was 28 million 737 thousand 23 dollars. This value was 42 million 688 thousand 149 dollars in 2020.

**The average elevator export unit price of the industry was 3.32 dollars/kg**

The average elevator export unit price was 3.32 dollars/kg with 148 million 991 thousand 930 dollars obtained by the Turkish elevator industry from 44 million 751 thousand 247-kilogram elevator exports in 2021. This figure, which was below the average elevator import unit price of 4.3 dollars/kg, formed a value above Turkey's average export unit price of 1.29 dollars/kg.

**Most elevators were exported in December**

In 2021, December was the month with the highest number of exports, with elevator exports worth 17 million 350 thousand 130 dollars. January 2021 was recorded as the month with the least export value with 8 million 963 thousand 838 dollars. April was the champion among the months in terms of elevator imports in 2021 with an import value of 18 million 558 thousand 749 dollars.

**Russian Federation ranked first in 2021 package elevator exports.**

Among the countries to which the Turkish elevator industry exports package elevators in 2021, the Russian Federation ranked first with 18 million 252 thousand 166 dollars. The ranking of the top 10 countries with the highest number of package elevator exports in 2021 after the Russian Federation is as follows: Ukraine, with an export value of 17 million 651 thousand 982 dollars, Algeria, with an export value of 13 million 802 thousand 495 dollars, Israel, with an export value of 8 million 314 thousand 198 dollars, Iraq with an export value of 8 million 39 thousand 95 dollars, Georgia, with an export value of 6 million 256 thousand 566 dollars, Uzbekistan, with an export value of 4 million 856 thousand 188 dollars, B.A.E. with an export value of 3 million 877 thousand 743 dollars, Libya with an export value of 3 million 412 thousand 84 dollars and Kazakhstan with an export value of 2 million 860 thousand 852 dollars.

While Kosovo, the United Kingdom, Nigeria, Azerbaijan, Serbia, Iran, Tunisia, Poland, and France were the countries to which exports are over 2 million dollars; Qatar, Bulgaria, Turkmenistan, Germany, Spain, Albania, Romania, Oman, Kuwait, Bangladesh, Morocco, Indonesia, and North Macedonia were the countries to which exports exceeded 1 million dollars.

**- Elevator import**

Of the 120 million 254 thousand 907 dollars’ worth of elevator imports made in 2021, 92 million 687 thousand 35 dollars were imported from China. Among the countries where the most elevators are imported, China was followed by Finland with 7 million 122 thousand 606 dollars, Germany with 6 million 213 thousand 430 dollars, South Korea with 4 million 166 thousand 729 dollars, and Spain with 1 million 845 thousand 174 dollars.

**Component exports exceeded 150 million.**

In 2021, the component export value increased by 22% compared to the previous year and reached 151 million 884 thousand 481 dollars.

Component import value was realized as 33 million 346 thousand 245 dollars.

The industry achieved the highest foreign trade surplus in component foreign trade in 2021. The foreign trade surplus achieved by the industry was 118 million 538 thousand 236 dollars. This value was 89 million 514 thousand 733 dollars in 2020.

The average component export unit price of the industry was $2.07/kg, and the average component import unit price was 4.4 dollars/kg.

The average component export unit price was 2.07 dollars/kg with 151 million 884 thousand 481 dollars obtained by the Turkish elevator industry from 73 million 344 thousand 195-kilogram component exports in 2021. Component import unit price was 4.4 dollars/kg.

The champion month in component exports was December in 2021. December was the month with the most exports in components worth 17 million 069 thousand 718 dollars.

May was the champion among the months in terms of elevator imports in 2021 with an import value of 7 million 580 thousand 491 dollars.

**Most components were sent to Iraq in 2021**

Iraq ranked first among the countries to which components were exported in 2021 with 11 million 733 thousand 138 dollars. The ranking of the top 10 countries with the highest number of component exports in 2021 after Iraq is as follows: Egypt, with an export value of 11 million 480 thousand 310 dollars, India, with an export value of 1 million 307 thousand 859 dollars, Algeria with an export value of 9 million 588 thousand 673 dollars, Iran with an export value of 7 million 83 thousand 677 dollars, Morocco with an export value of 5 million 370 thousand 589 dollars, USA with an export value of 5 million 193 thousand 312 dollars, Bulgaria with an export value of 5 million 96 thousand 988 dollars, France with an export value of 4 million 841 thousand 662 dollars and Georgia with an export value of 4 million 30 thousand 608 dollars.

While Israel, Russian Federation, Afghanistan, Libya, and Ukraine are the countries to which export is over 3 million dollars; Italy, Poland, Greece, Kosovo, Finland, UAE and Germany were the countries to which more than 2 million dollars of components were exported.