## Turkish elevator sector had a foreign trade surplus of 106 million 518 thousand 490 dollars

The figures we compiled from the foreign trade data of the Turkish Statistical Institute (TurkStat) showed that the Turkish elevator sector continued to increase its success momentum in exports. In the January-June period of 2022, the Turkish elevator sector increased its exports by 20.8 percent compared to the same period of the previous year and carried it to a value of 164 million 378 thousand 608 dollars. In the same period, imports decreased by 37 percent compared to the first 6 months of the previous year and amounted to 57 million 860 thousand 418 dollars. In the first 6 months of 2022, the elevator sector created a value of 106 million 518 thousand 490 dollars with an increase of 58.5 percent in foreign trade surplus compared to the previous period.

The figures we compiled from the foreign trade data of the Turkish Statistical Institute (TurkStat) showed that the Turkish elevator sector continued to increase its success momentum in exports. In the January-June period of 2022, the Turkish elevator sector increased its exports by 20.8 percent compared to the same period of the previous year and carried it to a value of 164 million 378 thousand 608 dollars. In the same period, imports decreased by 37 percent compared to the first 6 months of the previous year and amounted to 57 million 860 thousand 418 dollars. In the first 6 months of 2022, the elevator sector created a value of 106 million 518 thousand 490 dollars with an increase of 58.5 percent in foreign trade surplus compared to the previous period.

**In the first 6 months of 2022, the sector increased its total exports by 20.8 percent**

In the January-June period of 2022, the Turkish elevator sector increased its exports by 20.8 percent compared to the same period of the previous year and carried the value of 136 million 46 thousand 331 dollars in the first 6 months of 2021 to 164 million 378 thousand 608 dollars.

The Turkish elevator sector obtained 84 million 216 thousand 832 dollars of the value of 164 million 378 thousand 608 dollars obtained by exporting in the first 6 months of 2022 from package elevator exports and 80 million 161 thousand 776 dollars from the export of parts and parts of elevators.

**Package elevator exports increased by 22.5 percent**

In the first 6 months of 2022, the elevator sector increased its package elevator exports by 22.5 percent compared to the same period of the previous year. The sector, which exported 68 million 730 thousand 997 dollars’ worth of package elevators in the first 6 months of 2021, exported package elevators worth 84 million 216 thousand 832 dollars in the same period of 2022.

**Kilogram value in package elevator exports also increased **

The Turkish elevator sector has also achieved an increase in package elevator exports in kilograms. In the first half of 2021, the sector, which exported a total of 20 million 949 thousand 984 kilograms of package elevators from $ 3.28 per kilogram, increased the price of a kilogram to $ 3.5 with the export of 24 million 78 thousand 630 kilograms of package elevators in the same period of 2022.

Package elevators are most often sent to Russia: In the first 6 months of 2022, the country with the most package elevator exports was the Russian Federation with a value of 12 million 459 thousand 842 dollars. The Russian Federation was followed by Algeria with package elevator exports worth 10 million 298 thousand 979 dollars, Israel with package elevator exports worth 4 million 594 thousand 503 dollars, Iraq with package elevator exports worth 4 million 347 thousand 621 dollars, and Ukraine with package elevator exports worth 3 million 288 thousand 83 dollars.

The 5 countries with the most package elevator exports accounted for 41.5 percent of the total package elevator exports made in the first 6 months of 2022.

**Package elevator imports decreased by 40 percent**

In the elevator sector, in the first 6 months of 2022, package elevator imports decreased by 40 percent compared to the same period of the previous year. The sector, which imported package elevators worth 73 million 46 thousand 884 dollars in the first 6 months of 2021, imported 43 million 101 thousand 490 dollars’ worth of package elevators in the same period of 2022.

**The kilogram value of package elevator imports decreased from $ 5.15 to $ 3.99 **

The decline in package elevator imports in the Turkish elevator sector also provided kilogram value. In the first half of 2021, the sector, which imported a total of 14 million 160 thousand 995 kilograms of package elevators at $ 5.15 per kilogram, imported 10 million 793 thousand 793 kilograms of package elevators kilograms at $ 3.5 in the same period of 2022.

**Package elevator was most often imported from China**

In the first 6 months of 2022, the country with the most package elevator imports was China with a value of 25 million 790 thousand 572 dollars. China was followed by Germany with package elevator imports worth 2 million 755 thousand 310 dollars, Japan with package elevator tenders worth 2 million 497 thousand 575 dollars, Slovakia with package elevator imports worth 2 million 466 thousand 397 dollars, and Italy with package elevator imports worth 1 million 255 thousand 144 dollars.

The 5 countries with the most package elevator imports accounted for 74 percent of the total package elevator imports in the first 6 months of 2022.

**In the foreign trade of package elevators, a foreign trade surplus worth 41 million 115 thousand 342 dollars was given**

In the first 6 months of 2022, with exports worth 84 million 216 thousand 832 dollars and imports worth 43 million 101 thousand 490 dollars in package elevator foreign trade, the sector had a foreign trade surplus of 41 million 115 thousand 342 dollars.

**The increase in component exports was 19 percent**

In the first 6 months of 2022, the elevator sector increased its component exports compared to the same period of the previous year. The sector increased its component exports by 19 percent compared to the same period of the previous year and increased its component exports worth 67 million 315 thousand 334 dollars in the first 6 months of 2021 to 80 million 161 thousand 776 dollars in the same period of 2022.

**The kilogram value in component exports was 2.37 dollars **

The sector sold the components it produced in the foreign market more valuable in terms of quantity. In the first half of 2021, the sector, which exported a total of 34 million 408 thousand 432 kilograms of components at 1.95 dollars per kilogram, exported 33 million 766 thousand 293 kilograms of components in the same period of 2022 to 2.37 dollars per kilogram.

**Iraq ranked first in component exports**

In the first 6 months of 2022, the country with the most component exports was Iraq with 7 million 263 thousand 488 dollars. Iraq was followed by Egypt with component exports worth 6 million 65 thousand 317 dollars, Iran with component exports worth 4 million 697 thousand 545 dollars, Algeria with component exports worth 4 million 498 thousand 292 dollars, and Morocco with component exports worth 3 million 277 thousand 160 dollars.

The top 5 countries with the most component exports received approximately 32 percent of the total component exports in the first 6 months of 2022.

**Component imports decreased by 21.8 percent**

In the elevator sector, component imports in the first 6 months of 2022 decreased by 21.8 percent compared to the same period of the previous year and decreased to 14 million 758 thousand 928 dollars. This figure was worth 18 million 885 thousand 816 dollars in the first 6 months of 2021.

**The value of a kilogram in component imports is 4 dollars **

In the Turkish elevator sector, the kilogram value in the first 6 months of 2022 in component imports was 4 dollars. The sector, which imports a total of 3 million 638 thousand 347 kilograms of components, paid $ 4.47 for the kilogram of 4 million 220 thousand 357 kilograms of components in the same period of 2021.

**As with the package elevator, the component was mostly imported from China.**

In the first 6 months of 2022, the country with the most component imports was China with 6 million 459 thousand 405 dollars. China was followed by Spain with component imports worth 3 million 321 thousand 979 dollars and Italy with component imports worth 2 million 804 thousand 259 dollars, respectively. The 3 countries with the most component imports met 85 percent of the total component imports in the first 6 months of 2022.

**The sector had a foreign trade surplus of 65 million 402 thousand 848 dollars in component foreign trade**

In the first 6 months of 2022, with exports worth 80 million 161 thousand 776 dollars and imports worth 14 million 758 thousand 928 dollars in component foreign trade, the sector had a foreign trade surplus of 65 million 402 thousand 848 dollars.

In the list of the top 5 companies exporting the most in 31 categories announced by the Machinery and Components Exporters' Association, the names of the elevator sector that exported the most in 2021 in the "Elevators and Components" category did not change.

**The Machinery and Components Exporters' Association (MAİB) announced the companies with the highest performance in exports in 2021**

The Machinery and Components Exporters' Association, of which our companies exporting elevators and components are also valued members, announced the list of its members who make up the top 5 in 31 categories. In the list of the top 5 companies exporting the most in 31 categories announced by the Machinery and Components Exporters' Association, the names of the elevator sector that exported the most in 2021 in the "Elevators and Components" category have not changed. Accordingly, in the "Elevators and Components" category, the top 5 exporting companies in 2021 are as follows: HASPAR ASANSÖR, BUGA OTİS ASANSÖR, MESAN ASANSÖR, MARSELEVATOR DIŞ TİCARET AH&MET ASANSÖR.