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Exports In 2022, Cyprus exported $7.66M in Forging Machines, making it the 44th largest exporter of Forging Machines in the world. At the same year, Forging Machines was the 71st most exported product in Cyprus. The main destination of Forging Machines exports from Cyprus are: Turkey ($7.28M), Greece ($158k), South Africa ($106k), Canada ($69.9k), and Ireland ($22.2k).

The fastest growing export markets for Forging Machines of Cyprus between 2021 and 2022 were Turkey ($7.28M), Greece ($152k), and South Africa ($76.8k).

Imports In 2022, Cyprus imported $6.33M in Forging Machines, becoming the 82nd largest importer of Forging Machines in the world. At the same year, Forging Machines was the 299th most imported product in Cyprus. Cyprus imports Forging Machines primarily from: Turkey ($3.3M), Italy ($1.06M), Greece ($698k), China ($658k), and Bulgaria ($137k).

The fastest growing import markets in Forging Machines for Cyprus between 2021 and 2022 were Turkey ($3.07M), Greece ($297k), and India ($66k).

Latest Trends

Oct 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)$7.66M
IMPORTS (2022)$6.33M
NET TRADE (2022)$1.32M

In 2022, Cyprus exported $7.66M in Forging Machines. The main destinations of Cyprus exports on Forging Machines were Turkey ($7.28M), Greece ($158k), South Africa ($106k), Canada ($69.9k), and Ireland ($22.2k).

In 2022, Cyprus imported $6.33M in Forging Machines, mainly from Turkey ($3.3M), Italy ($1.06M), Greece ($698k), China ($658k), and Bulgaria ($137k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Forging Machines EXPORT MARKETS FOR Cyprus WERE (2021 - 2022):
Turkey$7.28M (1%)
Greece$152k (2.59k%)
South Africa$76.8k (267%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Forging Machines BY Cyprus WERE (2021 - 2022):
Kuwait-$43.2k (-100%)
Netherlands-$17.1k (-97.6%)
Lebanon-$6.35k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Forging Machines by Exporters

Potential Exports

Potential Exports

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Forging Machines’s highest export potential is N/A. With an export gap of N/A.   Forging Machines’s highest import potential is N/A with an import gap of N/A.

See methodology.

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