2022
Exports
$2.41MWorld Rnk 53 / 165
Flag Rnk 382 / 1115
2022
PRODUCT COMPLEXITY IN Forging Machines
1.5Rnk 53 / 1025
2022
Imports
$43MWorld Rnk 41 / 211
Flag Rnk 264 / 1197
2022
ECONOMIC COMPLEXITY of Kazakhstan
-0.17Rnk 73 / 133

About

Exports In 2022, Kazakhstan exported $2.41M in Forging Machines, making it the 53rd largest exporter of Forging Machines in the world. At the same year, Forging Machines was the 382nd most exported product in Kazakhstan. The main destination of Forging Machines exports from Kazakhstan are: Russia ($1.76M), Italy ($411k), Germany ($63.2k), Denmark ($45.8k), and Uzbekistan ($42.5k).

The fastest growing export markets for Forging Machines of Kazakhstan between 2021 and 2022 were Russia ($1.09M), Italy ($306k), and Denmark ($45.8k).

Imports In 2022, Kazakhstan imported $43M in Forging Machines, becoming the 41st largest importer of Forging Machines in the world. At the same year, Forging Machines was the 264th most imported product in Kazakhstan. Kazakhstan imports Forging Machines primarily from: China ($11.6M), United States ($7.15M), Russia ($6.47M), Germany ($3.53M), and Turkey ($3.02M).

The fastest growing import markets in Forging Machines for Kazakhstan between 2021 and 2022 were Switzerland ($3.01M), Germany ($1.95M), and United States ($1.11M).

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)$2.41M
IMPORTS (2022)$43M
NET TRADE (2022)-$40.6M

In 2022, Kazakhstan exported $2.41M in Forging Machines. The main destinations of Kazakhstan exports on Forging Machines were Russia ($1.76M), Italy ($411k), Germany ($63.2k), Denmark ($45.8k), and Uzbekistan ($42.5k).

In 2022, Kazakhstan imported $43M in Forging Machines, mainly from China ($11.6M), United States ($7.15M), Russia ($6.47M), Germany ($3.53M), and Turkey ($3.02M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Forging Machines EXPORT MARKETS FOR Kazakhstan WERE (2021 - 2022):
Russia$1.09M (161%)
Italy$306k (291%)
Denmark$45.8k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Forging Machines BY Kazakhstan WERE (2021 - 2022):
Iran-$280k (-90.3%)
Uzbekistan-$268k (-86.3%)
Ukraine-$76.5k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Kazakhstan's main exporting competitors in Forging Machines were:
China $1.72B
Italy $1.2B
Germany $1.02B
In 2022, Kazakhstan'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 POTENTIALRussia+ $397k
TOP IMPORT POTENTIALChina+ $6.74M

Forging Machines’s highest export potential is Russia. With an export gap of $397k.   Forging Machines’s highest import potential is China with an import gap of $6.74M.

See methodology.

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