2022
Exports
$1.07MWorld Rnk 59 / 165
Flag Rnk 356 / 1061
falsefalse Armenia
2022
PRODUCT COMPLEXITY IN Forging Machines
1.5Rnk 53 / 1025
2022
Imports
$20MWorld Rnk 64 / 211
Flag Rnk 250 / 1116
2022
ECONOMIC COMPLEXITY of Iran
0.072Rnk 60 / 133

About

Exports In 2022, Iran exported $1.07M in Forging Machines, making it the 59th largest exporter of Forging Machines in the world. At the same year, Forging Machines was the 356th most exported product in Iran. The main destination of Forging Machines exports from Iran are: Armenia ($464k), India ($166k), Kuwait ($108k), Azerbaijan ($92.2k), and Oman ($77.3k).

Imports In 2022, Iran imported $20M in Forging Machines, becoming the 64th largest importer of Forging Machines in the world. At the same year, Forging Machines was the 250th most imported product in Iran. Iran imports Forging Machines primarily from: China ($11.2M), Turkey ($5.26M), Italy ($1.36M), Germany ($1.04M), and Chinese Taipei ($392k).

The fastest growing import markets in Forging Machines for Iran between 2021 and 2022 were Turkey ($2.28M), Chinese Taipei ($227k), and Armenia ($96.5k).

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)$1.07M
IMPORTS (2022)$20M
NET TRADE (2022)-$19M

In 2022, Iran exported $1.07M in Forging Machines. The main destinations of Iran exports on Forging Machines were Armenia ($464k), India ($166k), Kuwait ($108k), Azerbaijan ($92.2k), and Oman ($77.3k).

In 2022, Iran imported $20M in Forging Machines, mainly from China ($11.2M), Turkey ($5.26M), Italy ($1.36M), Germany ($1.04M), and Chinese Taipei ($392k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iran's main exporting competitors in Forging Machines were:
China $1.72B
Italy $1.2B
Germany $1.02B
In 2022, Iran'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 POTENTIALIndia+ $233k
TOP IMPORT POTENTIALChina+ $3.19M

Forging Machines’s highest export potential is India. With an export gap of $233k.   Forging Machines’s highest import potential is China with an import gap of $3.19M.

See methodology.

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