2022
Exports
$5.58MWorld Rnk 47 / 165
Flag Rnk 481 / 1206
2022
PRODUCT COMPLEXITY IN Forging Machines
1.5Rnk 53 / 1025
2022
Imports
$24.2MWorld Rnk 57 / 211
Flag Rnk 442 / 1214
2022
ECONOMIC COMPLEXITY of Ireland
1.27Rnk 18 / 133

About

Exports In 2022, Ireland exported $5.58M in Forging Machines, making it the 47th largest exporter of Forging Machines in the world. At the same year, Forging Machines was the 481st most exported product in Ireland. The main destination of Forging Machines exports from Ireland are: United Kingdom ($1.37M), Austria ($1.11M), Italy ($765k), Czechia ($308k), and Germany ($280k).

The fastest growing export markets for Forging Machines of Ireland between 2021 and 2022 were Austria ($1.04M), Italy ($733k), and Greece ($198k).

Imports In 2022, Ireland imported $24.2M in Forging Machines, becoming the 57th largest importer of Forging Machines in the world. At the same year, Forging Machines was the 442nd most imported product in Ireland. Ireland imports Forging Machines primarily from: Turkey ($3.63M), Germany ($3.17M), United Kingdom ($3.1M), New Zealand ($2.58M), and United States ($2.35M).

The fastest growing import markets in Forging Machines for Ireland between 2021 and 2022 were New Zealand ($1.52M), Germany ($704k), and Chinese Taipei ($327k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 Forging Machines. Countries are shown based on data availability.

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

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Historical Data

Trade Balance

Color
EXPORTS (2022)$5.58M
IMPORTS (2022)$24.2M
NET TRADE (2022)-$18.6M

In 2022, Ireland exported $5.58M in Forging Machines. The main destinations of Ireland exports on Forging Machines were United Kingdom ($1.37M), Austria ($1.11M), Italy ($765k), Czechia ($308k), and Germany ($280k).

In 2022, Ireland imported $24.2M in Forging Machines, mainly from Turkey ($3.63M), Germany ($3.17M), United Kingdom ($3.1M), New Zealand ($2.58M), and United States ($2.35M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Forging Machines EXPORT MARKETS FOR Ireland WERE (2021 - 2022):
Austria$1.04M (1.49k%)
Italy$733k (2.29k%)
Greece$198k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Forging Machines BY Ireland WERE (2021 - 2022):
Slovakia-$2.2M (-96.5%)
United Kingdom-$863k (-38.6%)
United Arab Emirates-$284k (-99.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Ireland's main exporting competitors in Forging Machines were:
China $1.72B
Italy $1.2B
Germany $1.02B
In 2022, Ireland's main importing competitors in Forging Machines were:

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Trade Value of Forging Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $606k
TOP IMPORT POTENTIALGermany+ $1.58M

Forging Machines’s highest export potential is United Kingdom. With an export gap of $606k.   Forging Machines’s highest import potential is Germany with an import gap of $1.58M.

See methodology.

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