The answer is yes.

2023 is the year when the economy resumes development after the transition to COVID-19 prevention and control. Made in China is making strides forward, and many industries have delivered outstanding "report cards". What is so good about the "report cards" of China's elevator import and export market? Let's look at a set of data.

In 2023, China's total import and export volume of elevator products will be 98,483 units, a year-on-year increase of 10.3%; the total import and export volume will be US$2.219 billion, a year-on-year increase of 6.7%. The import and export development of China's elevator industry continues to pick up and the pace of high-quality development is moving forward steadily.

Export --passenger elevator

According to Chinese customs data, China's passenger elevator export volume will be 84,602 units in 2023, a significant year-on-year increase of 12.7%. The export value was US$1.753 billion, a significant increase of 10.6% year-on-year. From the perspective of export scale, China's passenger elevator export volume has returned to pre-epidemic levels in 2023, and the growth rate has repeatedly increased. In synergy with the export volume, the export value of passenger elevators has also achieved considerable growth.

Judging from the past five years, after experiencing the trough in 2020, China's passenger elevator export volume and export value have shown a steady upward trend since 2021. Especially in 2023, export volume has reached a record high.

Export  - escalators and moving walk 

In 2023, China's export volume of escalators and moving walks will be 13,222 units, basically the same as last year. The export value was US$421 million, a decrease compared with last year, indicating that the average price of products has declined.

Judging from the changes in the export volume of China's escalators and moving walks in the past five years, affected by the epidemic, the international construction market has experienced great fluctuations, especially in the early stages of the COVID-19 outbreak in 2020, when there was a relatively large decline. In 2023 , has not yet returned to pre-epidemic levels.

Main exporting countries and regions

As can be seen from the figure, exports of passenger elevators are mainly distributed in North Asia, the Middle East and Southeast Asia; exports of escalators and walkways exceed 1,000 units from South Korea and India.

The "two-wheel" drive of the "Belt and Road Initiative" and the RCEP "Regional Comprehensive Economic Partnership Agreement" have increased my country's trade exchanges with some countries. The sustained and stable development of the Southeast Asian and Middle Eastern markets provides a stage for exports. Maintaining a good momentum of cooperation with BRICS countries has increased China's total exports of elevator products to them. In 2023, China's exports of elevator products to BRICS countries will reach 17,574 units, accounting for 21.15% of China's total exports of elevator products. It is worth mentioning that the Russo-Ukrainian war led European and American companies to divest their Russian elevator businesses, which also brought new opportunities for the export of Chinese elevator products to Russia.

Many national elevator brands have achieved outstanding results in the export market.

Jiangnan Jiajie won the bid for the Halim Station and Karawang Station projects of the Jakarta-Bandung High-Speed Railway, and the Chennai Metro Project in India.

CANNY Elevator sells well in more than 100 countries and regions including Russia, Indonesia, South Korea, and India.

Yiyi Elevator won the bid for the Tampines Town Council-Housing and Development Board HDB municipal project in Singapore, the East African Trade and Logistics Center project, the Jakarta-Bandung high-speed rail project, etc.

The continuous improvement of the core competitiveness of national elevator brands has prompted more and more countries and regions to choose Chinese elevator brands.

Chinese elevator brand FUJI Precison Elevator. As an elevator manufacturer in China's elevator factory, we have also had good export results in 2023. We have promoted the FUJI Precision brand to various countries in the East, Central Asia, South America, Southeast Asia, etc., and promoted the Chinese elevator brand. , and also let the world see the quality of Made in China.

FUJI Precision Elevator, China's FUJI Elevator, has been manufacturing elevators in China for more than 20 years and has very rich experience in manufacturing elevators. We provide 24-hour service to customers from pre-sales to after-sales, and solve customer needs in a timely manner. Customers provide a wide variety of elevators, including passenger elevators, escalators, moving walkways, and more.

FUJI Precision Elevator is looking for partners and provides very high-quality services to partners. Welcome to consult.

The article is reprinted on the China Elevator public account。