Lifts, escalators, conveyors and other handling machinery: South Korea exports and imports
HS 8428 · 그 밖의 권양(捲揚)용ㆍ취급용ㆍ적하용ㆍ양하용 기계류[예: 리프트ㆍ에스컬레이터ㆍ컨베이어ㆍ텔레페릭(teleferic)] · latest month: October 2026
In October 2026, South Korea exported $84.8 million of lifts, escalators, conveyors and other handling machinery (HS 8428), up 3.9% from September 2026 and up 30.1% from October 2025.
Over the 12 months to October 2026, exports of lifts, escalators, conveyors and other handling machinery (HS 8428) totalled $921.8 million, down 38.2% from the 12 months before ($1.49 billion).
The largest destination over the 12 months to October 2026 was the United States ($332.6 million, 36.1% of the total), followed by China and Vietnam.
That was 0.6% of South Korea's exports under HS chapter 84 (machinery, boilers and computers) over the same 12 months.
Imports in October 2026 were $54.2 million (down 9.3% from October 2025), leaving a surplus of $30.6 million for the month.
Official description of HS 8428: Other lifting, handling, loading or unloading machinery (for example, lifts, escalators, conveyors, teleferics).
Last 24 months
Subheadings under HS 8428
| Code | Product | Exports, 12 months | Share | vs 12 months before | October 2026 |
|---|---|---|---|---|---|
| 8428.10 | Lifts and skip hoists | $87.9M | 9.5% | +9.5% | $8.2M |
| 8428.10.1000 | Lifts | $87.4M | 99.4% | +9.2% | $8.2M |
| 8428.10.2000 | Skip hoists | $495K | 0.6% | +142.5% | $1,800 |
| 8428.20 | Pneumatic elevators and conveyors | $18.9M | 2.0% | -66.3% | $195K |
| 8428.20.1000 | Pneumatic elevators | $49K | 0.3% | -30.1% | $0 |
| 8428.20.2000 | Pneumatic conveyors | $18.8M | 99.7% | -66.3% | $195K |
| 8428.31 | Specially designed for underground use | $1.4M | 0.1% | +11,198% | $0 |
| 8428.32 | Other, bucket type | $333K | 0.0% | -70.0% | $11K |
| 8428.33 | Other, belt type | $111.7M | 12.1% | -39.6% | $8.4M |
| 8428.33.1010 | Of a lifting speed less than 240 m per minute | $15.3M | 13.7% | -30.0% | $850K |
| 8428.33.1020 | Of a lifting speed not less than 240 m per minute | $0 | 0.0% | -100.0% | $0 |
| 8428.33.2000 | Conveyors | $96.4M | 86.3% | -40.8% | $7.6M |
| 8428.39 | Other | $218.2M | 23.7% | -41.7% | $15.0M |
| 8428.40 | Escalators and moving walkways | $298K | 0.0% | +328.3% | $0 |
| 8428.40.1000 | Escalators | $0 | 0.0% | -100.0% | $0 |
| 8428.40.2000 | Moving walkways | $298K | 100.0% | – | $0 |
| 8428.60 | Teleferics, chair-lifts, ski-draglines; traction mechanisms for funiculars | $179K | 0.0% | – | $0 |
| 8428.70 | Industrial robots | $49.5M | 5.4% | +24.6% | $6.8M |
| 8428.70.1000 | Robot palletizer, other than those of subheading 8479.50 | $1.4M | 2.9% | -40.2% | $763K |
| 8428.70.2000 | Automatic Guided Vehicle, other than those of heading 84.27 | $22.4M | 45.2% | +15.8% | $4.6M |
| 8428.70.9000 | Other | $25.7M | 51.9% | +42.4% | $1.4M |
| 8428.90 | Other machinery | $433.5M | 47.0% | -42.5% | $46.2M |
| 8428.90.1000 | Mine wagon pushers, locomotive or wagon traversers, wagon tippers and similar railway wagon handling equipment | $587K | 0.1% | -49.3% | $0 |
| 8428.90.2000 | Indoor serving robots | $1.1M | 0.2% | -64.4% | $8,107 |
| 8428.90.3000 | Outdoor delivery robots | $0 | 0.0% | – | $0 |
| 8428.90.9000 | Other | $431.8M | 99.6% | -42.4% | $46.2M |
Six-digit codes are international; the indented ten-digit codes are South Korea's own subdivision. These rows are world totals; "Share" is the share of the row above.
Top destinations
Export value over the 12 months to October 2026. 125 countries received this product from South Korea in the last 24 months; the table shows the largest 20.
| Rank | Country | Exports, 12 months | Share | vs 12 months before | Rank before | October 2026 |
|---|---|---|---|---|---|---|
| 1 | United States | $332.6M | 36.1% | -51.0% | 1 | $40.4M |
| 2 | China | $74.0M | 8.0% | -5.0% | 2 | $4.6M |
| 3 | Vietnam | $70.6M | 7.7% | +21.8% | 7 | $2.1M |
| 4 | Hungary | $69.1M | 7.5% | +470.3% | 20 | $10.3M |
| 5 | India | $63.8M | 6.9% | -3.0% | 5 | $7.4M |
| 6 | Mexico | $52.2M | 5.7% | -31.4% | 3 | $2.2M |
| 7 | Netherlands | $20.0M | 2.2% | +25.3% | 15 | $2.0M |
| 8 | Japan | $17.8M | 1.9% | -29.7% | 10 | $1.7M |
| 9 | Philippines | $14.4M | 1.6% | -8.3% | 16 | $117K |
| 10 | Hong Kong | $13.4M | 1.5% | +57.9% | 23 | $154K |
| 11 | Türkiye | $13.3M | 1.4% | -77.5% | 6 | $492K |
| 12 | Taiwan | $13.2M | 1.4% | -20.8% | 12 | $1.1M |
| 13 | Germany | $12.5M | 1.4% | -25.4% | 13 | $916K |
| 14 | Indonesia | $11.8M | 1.3% | -29.2% | 14 | $741K |
| 15 | Thailand | $11.5M | 1.3% | -48.5% | 11 | $689K |
| 16 | Saudi Arabia | $11.2M | 1.2% | -22.9% | 18 | $28K |
| 17 | Malaysia | $10.4M | 1.1% | +23.0% | 24 | $809K |
| 18 | Spain | $8.3M | 0.9% | -41.4% | 19 | $0 |
| 19 | Bangladesh | $7.5M | 0.8% | +3.1% | 26 | $531K |
| 20 | Brazil | $7.0M | 0.8% | -30.8% | 21 | $1.6M |
Countries are linked when exports of this product to them reached $5,000,000 over 24 months.
Monthly figures
| Month | Exports | vs year earlier | Export weight | Export $/kg | Imports | Import weight |
|---|---|---|---|---|---|---|
| October 2026 | $84.8M | +30.1% | 4,002 t | $21.19 | $54.2M | 3,113 t |
| September 2026 | $81.6M | -32.5% | 4,810 t | $16.97 | $54.9M | 4,538 t |
| August 2026 | $87.5M | -31.1% | 4,779 t | $18.32 | $52.9M | 3,679 t |
| July 2026 | $98.8M | +6.8% | 5,263 t | $18.76 | $60.0M | 4,254 t |
| June 2026 | $72.2M | -26.5% | 4,420 t | $16.34 | $36.4M | 3,855 t |
| May 2026 | $76.1M | -53.0% | 3,564 t | $21.34 | $46.3M | 4,199 t |
| April 2026 | $80.9M | -41.6% | 4,244 t | $19.07 | $39.1M | 3,420 t |
| March 2026 | $68.6M | -43.6% | 3,738 t | $18.36 | $45.8M | 2,933 t |
| February 2026 | $54.6M | -49.0% | 2,739 t | $19.94 | $35.2M | 2,424 t |
| January 2026 | $47.1M | -60.9% | 2,851 t | $16.53 | $44.0M | 2,903 t |
| December 2025 | $78.9M | -60.7% | 4,924 t | $16.02 | $53.8M | 4,363 t |
| November 2025 | $90.6M | -33.5% | 4,432 t | $20.45 | $39.2M | 3,745 t |
| October 2025 | $65.2M | -47.4% | 3,236 t | $20.14 | $59.8M | 5,536 t |
| September 2025 | $121.0M | -22.7% | 5,621 t | $21.52 | $58.9M | 5,568 t |
| August 2025 | $127.0M | -10.4% | 5,218 t | $24.34 | $46.9M | 3,939 t |
| July 2025 | $92.5M | -29.7% | 5,213 t | $17.74 | $56.0M | 3,861 t |
| June 2025 | $98.2M | -24.4% | 4,569 t | $21.50 | $51.7M | 4,211 t |
| May 2025 | $162.0M | +70.4% | 6,410 t | $25.27 | $30.2M | 1,727 t |
| April 2025 | $138.5M | -13.2% | 6,390 t | $21.67 | $35.9M | 3,258 t |
| March 2025 | $121.6M | -29.6% | 5,115 t | $23.78 | $34.0M | 2,215 t |
| February 2025 | $107.0M | -32.8% | 5,564 t | $19.24 | $28.5M | 1,872 t |
| January 2025 | $120.6M | -36.4% | 7,546 t | $15.98 | $31.4M | 2,667 t |
| December 2024 | $200.7M | -7.2% | 9,117 t | $22.02 | $41.3M | 3,493 t |
| November 2024 | $136.2M | -59.0% | 7,002 t | $19.45 | $40.5M | 3,141 t |
Exports FOB, imports CIF, US dollars. Weight is net weight. "vs year earlier" compares export value with the same month one year before and is left blank when that month was under $10,000. Source: Korea Customs Service, via data.go.kr.