2022
Exports
$104MWorld Rnk 16 / 165
Flag Rnk 553 / 1216
2022
PRODUCT COMPLEXITY IN Forging Machines
1.5Rnk 53 / 1025
2022
Imports
$110MWorld Rnk 25 / 211
Flag Rnk 598 / 1214
2022
ECONOMIC COMPLEXITY of Netherlands
1.11Rnk 23 / 133

About

Exports In 2022, Netherlands exported $104M in Forging Machines, making it the 16th largest exporter of Forging Machines in the world. At the same year, Forging Machines was the 553rd most exported product in Netherlands. The main destination of Forging Machines exports from Netherlands are: United States ($20.4M), Germany ($18.3M), United Kingdom ($7.75M), Belgium ($7.18M), and Poland ($5.48M).

The fastest growing export markets for Forging Machines of Netherlands between 2021 and 2022 were Czechia ($2.59M), Uzbekistan ($2.27M), and Italy ($1.31M).

Imports In 2022, Netherlands imported $110M in Forging Machines, becoming the 25th largest importer of Forging Machines in the world. At the same year, Forging Machines was the 598th most imported product in Netherlands. Netherlands imports Forging Machines primarily from: Germany ($21.7M), Italy ($17.8M), Belgium ($17.1M), China ($12M), and Turkey ($7.26M).

The fastest growing import markets in Forging Machines for Netherlands between 2021 and 2022 were United States ($2.29M), Switzerland ($2.25M), and Belgium ($2.15M).

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)$104M
IMPORTS (2022)$110M
NET TRADE (2022)-$5.88M

In 2022, Netherlands exported $104M in Forging Machines. The main destinations of Netherlands exports on Forging Machines were United States ($20.4M), Germany ($18.3M), United Kingdom ($7.75M), Belgium ($7.18M), and Poland ($5.48M).

In 2022, Netherlands imported $110M in Forging Machines, mainly from Germany ($21.7M), Italy ($17.8M), Belgium ($17.1M), China ($12M), and Turkey ($7.26M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Forging Machines EXPORT MARKETS FOR Netherlands WERE (2021 - 2022):
Czechia$2.59M (127%)
Uzbekistan$2.27M (1%)
Italy$1.31M (52.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Forging Machines BY Netherlands WERE (2021 - 2022):
Germany-$10.4M (-36.2%)
Austria-$3.8M (-71.9%)
Singapore-$3.53M (-73%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Netherlands's main exporting competitors in Forging Machines were:
China $1.72B
Italy $1.2B
Germany $1.02B
In 2022, Netherlands'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 POTENTIALGermany+ $8.18M
TOP IMPORT POTENTIALGermany+ $11.9M

Forging Machines’s highest export potential is Germany. With an export gap of $8.18M.   Forging Machines’s highest import potential is Germany with an import gap of $11.9M.

See methodology.

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