2023
Exports
$11.4MWorld Rnk 41 / 167
Flag Rnk 365 / 1197
2023
PRODUCT COMPLEXITY IN Forging Machines
1.5Rnk 45 / 1025
2023
Imports
$45.3MWorld Rnk 42 / 214
Flag Rnk 212 / 1212
2023
ECONOMIC COMPLEXITY of Slovenia
1.48Rnk 12 / 132

About

Exports In 2023, Slovenia exported $11.4M in Forging Machines, making it the 41st largest exporter of Forging Machines in the world. At the same year, Forging Machines was the 365th most exported product in Slovenia. The main destination of Forging Machines exports from Slovenia are: Turkey ($1.55M), Italy ($1.12M), Serbia ($1.04M), Germany ($854k), and Croatia ($701k).

The fastest growing export markets for Forging Machines of Slovenia between 2022 and 2023 were Turkey ($742k), Australia ($380k), and Germany ($351k).

Imports In 2023, Slovenia imported $45.3M in Forging Machines, becoming the 42nd largest importer of Forging Machines in the world. At the same year, Forging Machines was the 212th most imported product in Slovenia. Slovenia imports Forging Machines primarily from: Germany ($11.5M), Spain ($9.05M), Italy ($6.73M), China ($3.69M), and Belgium ($2.51M).

The fastest growing import markets in Forging Machines for Slovenia between 2022 and 2023 were Spain ($8.95M), Germany ($4.28M), and Netherlands ($1.2M).

Latest Trends

Jan 2025

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 (2023)$11.4M
IMPORTS (2023)$45.3M
NET TRADE (2023)-$33.9M

In 2023, Slovenia exported $11.4M in Forging Machines. The main destinations of Slovenia exports on Forging Machines were Turkey ($1.55M), Italy ($1.12M), Serbia ($1.04M), Germany ($854k), and Croatia ($701k).

In 2023, Slovenia imported $45.3M in Forging Machines, mainly from Germany ($11.5M), Spain ($9.05M), Italy ($6.73M), China ($3.69M), and Belgium ($2.51M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Forging Machines EXPORT MARKETS FOR Slovenia WERE (2022 - 2023):
Turkey$742k (91.6%)
Australia$380k (246%)
Germany$351k (69.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Forging Machines BY Slovenia WERE (2022 - 2023):
Hungary-$3.81M (-88.3%)
Croatia-$1.11M (-61.3%)
Czechia-$820k (-83%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Slovenia's main exporting competitors in Forging Machines were:
China $1.99B
Italy $1.4B
Germany $1.17B
In 2023, Slovenia'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 POTENTIALItaly+ $1.01M
TOP IMPORT POTENTIALItaly+ $2.7M

Forging Machines’s highest export potential is Italy. With an export gap of $1.01M.   Forging Machines’s highest import potential is Italy with an import gap of $2.7M.

See methodology.

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