2022
Exports
$7.09MWorld Rnk 46 / 165
Flag Rnk 393 / 1170
2022
PRODUCT COMPLEXITY IN Forging Machines
1.5Rnk 53 / 1025
2022
Imports
$40.2MWorld Rnk 44 / 211
Flag Rnk 350 / 1200
2022
ECONOMIC COMPLEXITY of Israel
1.23Rnk 20 / 133

About

Exports In 2022, Israel exported $7.09M in Forging Machines, making it the 46th largest exporter of Forging Machines in the world. At the same year, Forging Machines was the 393rd most exported product in Israel. The main destination of Forging Machines exports from Israel are: Brazil ($2.12M), United States ($1.15M), Palestine ($599k), Serbia ($568k), and India ($487k).

The fastest growing export markets for Forging Machines of Israel between 2021 and 2022 were Brazil ($1.53M), Serbia ($540k), and Palestine ($444k).

Imports In 2022, Israel imported $40.2M in Forging Machines, becoming the 44th largest importer of Forging Machines in the world. At the same year, Forging Machines was the 350th most imported product in Israel. Israel imports Forging Machines primarily from: Italy ($11.1M), Turkey ($8.23M), China ($7.22M), Switzerland ($2.53M), and Austria ($2.03M).

The fastest growing import markets in Forging Machines for Israel between 2021 and 2022 were Finland ($1.12M), China ($1.02M), and Switzerland ($695k).

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)$7.09M
IMPORTS (2022)$40.2M
NET TRADE (2022)-$33.1M

In 2022, Israel exported $7.09M in Forging Machines. The main destinations of Israel exports on Forging Machines were Brazil ($2.12M), United States ($1.15M), Palestine ($599k), Serbia ($568k), and India ($487k).

In 2022, Israel imported $40.2M in Forging Machines, mainly from Italy ($11.1M), Turkey ($8.23M), China ($7.22M), Switzerland ($2.53M), and Austria ($2.03M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Forging Machines EXPORT MARKETS FOR Israel WERE (2021 - 2022):
Brazil$1.53M (258%)
Serbia$540k (1.92k%)
Palestine$444k (288%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Forging Machines BY Israel WERE (2021 - 2022):
France-$657k (-94.3%)
Italy-$225k (-96.1%)
Nigeria-$73.1k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Israel' main exporting competitors in Forging Machines were:
China $1.72B
Italy $1.2B
Germany $1.02B
In 2022, Israel' 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 States+ $974k
TOP IMPORT POTENTIALChina+ $2.63M

Forging Machines’s highest export potential is United States. With an export gap of $974k.   Forging Machines’s highest import potential is China with an import gap of $2.63M.

See methodology.

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