HS4 subsector intelligence

Lifts and skip hoists
HS4 8428 trade overview

A focused view of this HS4 subsector: market scale, momentum, leading routes, countries, and the HS6 classifications inside it.

HS4 84281995-2024 coverageGrowing
The numbers at a glanceLatest reported year · 2024
01

Latest trade

$39.0BGlobal subsector value
02

Annual change

-3.2%Latest year on year
03

Exporters

182Active reporting countries
04

Importers

200Active reporting countries
05

HS6 products

9Classifications inside HS4

The subsector read

$39.0B in trade, with +5.6% annualized growth over three years.

Lifts and skip hoists is recorded across 6,955 active corridors, with 182 exporters and 200 importers.

Annual trend

Subsector momentum over time

Reported global trade from 1995 to 2024. Read the methodology ↗

Annual subsector tradeReported global trade from 1995 to 2024.1995: $8.4B1996: $9.3B1997: $9.2B1998: $8.8B1999: $8.7B2000: $9.1B2001: $9.0B2002: $9.0B2003: $10.4B2004: $13.3B2005: $15.7B2006: $18.6B2007: $21.8B2008: $25.1B2009: $18.5B2010: $19.0B2011: $23.8B2012: $25.2B2013: $26.7B2014: $28.4B2015: $27.2B2016: $26.9B2017: $29.7B2018: $32.2B2019: $32.2B2020: $28.7B2021: $33.1B2022: $35.8B2023: $38.7B2024: $39.0B
Reported global trade by year.

Top trade corridors

Where the subsector moves

Leading exporter-to-importer relationships by latest reported value. See data sources ↗

Latest reported relationshipsTop 10 by trade value
RankExporterImporterTrade valueGrowthHS6DistanceFTA
1GermanyDEUUSA, Puerto Rico and US Virgin IslandsUSA$1.2B+16.6%96,402 kmNo
2CanadaCANUSA, Puerto Rico and US Virgin IslandsUSA$1.2B+4.2%9556 kmYes
3MexicoMEXUSA, Puerto Rico and US Virgin IslandsUSA$1.1B+7.1%73,359 kmYes
4Republic of KoreaKORUSA, Puerto Rico and US Virgin IslandsUSA$992.1M+72%811,077 kmYes
5USA, Puerto Rico and US Virgin IslandsUSACanadaCAN$851.0M+7%9556 kmYes
6ChinaCHNViet NamVNM$570.8M+18%92,732 kmYes
7ChinaCHNRussiaRUS$564.2M+45.7%96,831 kmNo
8ChinaCHNUSA, Puerto Rico and US Virgin IslandsUSA$562.3M+23.4%911,883 kmNo
9JapanJPNUSA, Puerto Rico and US Virgin IslandsUSA$524.7M-0.2%710,872 kmNo
10ChinaCHNIndiaIND$498.1M+34.2%94,252 kmNo

Market structure

Where supply and demand concentrate

Exporter and importer rankings show the two sides of the subsector separately. Check coverage ↗

Top exporters2024 ranking
RankCountryExportsPartnersHS6
1ChinaCHN$8.6B1999
2GermanyDEU$5.3B1719
3ItalyITA$2.6B1659
4USA, Puerto Rico and US Virgin IslandsUSA$2.2B1689
5NetherlandsNLD$2.1B1529
6Republic of KoreaKOR$1.8B1299
7AustriaAUT$1.5B1259
8JapanJPN$1.5B1439
9CanadaCAN$1.4B1309
10MexicoMEX$1.2B819
Top importers2024 ranking
RankCountryImportsPartnersHS6
1USA, Puerto Rico and US Virgin IslandsUSA$7.9B899
2GermanyDEU$2.1B959
3CanadaCAN$1.6B719
4United KingdomGBR$1.5B769
5MexicoMEX$1.4B1009
6FranceFRA$1.4B909
7ChinaCHN$1.2B699
8NetherlandsNLD$1.2B809
9IndiaIND$928.7M639
10AustraliaAUS$878.5M689

HS6 product coverage

The products inside HS4 8428

Six-digit classifications make the subsector specific. Browse the product workspace ↗

11 classifications shownLifts and skip hoists
01
Lifts and skip hoists: for lifting, handling, loading or unloadingHS6 842810
02
Elevators and conveyors: pneumaticHS6 842820
03
Elevators and conveyors: continuous-action, specially designed for underground use, for goods and materials, n.e.s. in heading no. 8428HS6 842831
04
Elevators and conveyors: continuous-action, bucket type, for goods or materialsHS6 842832
05
Elevators and conveyors: continuous-action, belt type, for goods or materialsHS6 842833
06
Elevators and conveyors: continuous-action, for goods or materials, n.e.c. in item no. 8428.20, 8428.31, 8428.32 or 8428.33HS6 842839
07
Escalators and moving walkwaysHS6 842840
08
Wagons: mine wagon pushers, locomotive or wagon traversers, wagon tippers and similar railway wagon handling equipmentHS6 842850
09
Lifting machinery: teleferics, chair-lifts, ski-draglines and traction mechanisms for funicularsHS6 842860
10
Industrial robotsHS6 842870
11
Lifting machinery: handling, loading or unloading machinery n.e.s. in heading no. 8428HS6 842890

Definitions and coverage

Read the numbers with context

Reported observations and calculated indicators should be read with their coverage period. Responsible AI principles ↗

01

Reported values

Trade values describe reported merchandise trade for the HS4 classification, not company-level sales or shipment records.

02

Calculated indicators

Growth, concentration, volatility, and peak comparisons are calculated from reported observations.

03

Missing data

Unavailable observations remain unavailable. They are not filled, interpolated, or presented as forecasts.

Coverage: 1995-2024 · Data refreshed 2026-07-20 09:34:09

Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-27). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.