HS Code:
Aerial work platforms (AWPs), as described in statistical note 3 to this chapter under the Harmonized System (HS) Code, typically include self-propelled, mobile equipment designed to elevate personnel to perform tasks at height. This category encompasses boom lifts, scissor lifts, and other similar machinery used in construction, maintenance, and industrial applications. These platforms are critical for ensuring safety and efficiency in elevated workspaces and are classified under HS codes related to machinery for lifting and handling (e.g., HS 8428). The global trade of AWPs reflects the demand for infrastructure development, urbanization, and industrial growth across various regions.
Total Trade Volume
Approximately $3.5 billion USD
Data from 2022
Source
United Nations Comtrade Database and International Trade Centre (ITC)
$1.2 billion USD
34.3% of total trade of total trade
Increasing
$800 million USD
22.9% of total trade of total trade
Increasing
$500 million USD
14.3% of total trade of total trade
Stable
$300 million USD
8.6% of total trade of total trade
Stable
$200 million USD
5.7% of total trade of total trade
Decreasing
Average Rate
5.2% ad valorem
Highest Rate
12% (applied by certain developing countries to protect local industries)
Lowest Rate
0% (under free trade agreements such as EU-USMCA or within the EU single market)
Rising demand for electric and hybrid AWPs
Driven by global sustainability goals, manufacturers are shifting towards eco-friendly models, increasing production costs but also opening new market segments focused on green technology.
2021-2023
Increased adoption in emerging markets
Rapid urbanization in Asia-Pacific and Africa has boosted demand for AWPs in construction and infrastructure projects, leading to higher export volumes to these regions.
2020-2022
Technological advancements in automation
Integration of IoT and telematics in AWPs for fleet management and safety monitoring is creating a competitive edge for manufacturers, influencing trade patterns towards high-tech equipment.
2022-2023
The United States imposed additional tariffs on Chinese-made aerial work platforms as part of ongoing trade tensions, citing unfair trade practices and overproduction concerns.
March 2023
This has led to a shift in sourcing to other countries like Japan and Germany, increasing costs for US importers and potentially affecting retail prices.
The European Union introduced stricter emission standards for non-road mobile machinery, including AWPs, under the Green Deal framework, pushing manufacturers to innovate.
January 2023
Non-compliant models face market access barriers, benefiting EU-based manufacturers with advanced eco-friendly technologies while challenging exporters from less regulated regions.
China has significantly increased its export of cost-effective AWPs to Southeast Asian countries, capitalizing on infrastructure booms in the region.
Mid-2022
This has intensified competition with Western manufacturers and lowered price points in the region, affecting profit margins for global players.