2022
Exports
$26.2MWorld Rnk 12 / 160
Flag Rnk 701 / 1212
2022
PRODUCT COMPLEXITY IN Metalworking Machines
1.92Rnk 9 / 1025
2022
Imports
$115MWorld Rnk 3 / 212
Flag Rnk 426 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $26.2M in Metalworking Machines, making it the 12th largest exporter of Metalworking Machines in the world. At the same year, Metalworking Machines was the 701st most exported product in India. The main destination of Metalworking Machines exports from India are: United States ($9.24M), United Arab Emirates ($1.68M), Italy ($1.41M), South Korea ($1.05M), and Canada ($892k).

The fastest growing export markets for Metalworking Machines of India between 2021 and 2022 were United Arab Emirates ($1.41M), Italy ($797k), and Canada ($446k).

Imports In 2022, India imported $115M in Metalworking Machines, becoming the 3rd largest importer of Metalworking Machines in the world. At the same year, Metalworking Machines was the 426th most imported product in India. India imports Metalworking Machines primarily from: Germany ($32.3M), Japan ($28.3M), China ($17M), Switzerland ($10.2M), and South Korea ($3.91M).

The fastest growing import markets in Metalworking Machines for India between 2021 and 2022 were Japan ($15.5M), Germany ($8.4M), and Spain ($1.29M).

COMPANIES In 2023, leading companies such as ZF Friedrichshafen (4) were at the forefront of shipping Metalworking Machines from India to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

View
Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Metalworking Machines. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$26.2M
IMPORTS (2022)$115M
NET TRADE (2022)-$88.4M

In 2022, India exported $26.2M in Metalworking Machines. The main destinations of India exports on Metalworking Machines were United States ($9.24M), United Arab Emirates ($1.68M), Italy ($1.41M), South Korea ($1.05M), and Canada ($892k).

In 2022, India imported $115M in Metalworking Machines, mainly from Germany ($32.3M), Japan ($28.3M), China ($17M), Switzerland ($10.2M), and South Korea ($3.91M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metalworking Machines EXPORT MARKETS FOR India WERE (2021 - 2022):
Italy$797k (130%)
Canada$446k (100%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metalworking Machines BY India WERE (2021 - 2022):
United States-$423k (-4.38%)
Australia-$321k (-50.1%)
Peru-$277k (-25.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, India's main exporting competitors in Metalworking Machines were:
In 2022, India's main importing competitors in Metalworking Machines were:

Explore Visualizations

Trade Value of Metalworking Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.28M
TOP IMPORT POTENTIALChina+ $13.7M

Metalworking Machines’s highest export potential is United States. With an export gap of $2.28M.   Metalworking Machines’s highest import potential is China with an import gap of $13.7M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with