2022
Exports
$17.3MWorld Rnk 33 / 165
Flag Rnk 299 / 1197
2022
PRODUCT COMPLEXITY IN Forging Machines
1.5Rnk 53 / 1025
2022
Imports
$42MWorld Rnk 42 / 211
Flag Rnk 250 / 1210
2022
ECONOMIC COMPLEXITY of Slovenia
1.45Rnk 11 / 133

About

Exports In 2022, Slovenia exported $17.3M in Forging Machines, making it the 33rd largest exporter of Forging Machines in the world. At the same year, Forging Machines was the 299th most exported product in Slovenia. The main destination of Forging Machines exports from Slovenia are: Hungary ($4.28M), Croatia ($1.67M), Serbia ($1.29M), Germany ($1.08M), and Czechia ($978k).

The fastest growing export markets for Forging Machines of Slovenia between 2021 and 2022 were Hungary ($2.23M), India ($915k), and Turkey ($744k).

Imports In 2022, Slovenia imported $42M in Forging Machines, becoming the 42nd largest importer of Forging Machines in the world. At the same year, Forging Machines was the 250th most imported product in Slovenia. Slovenia imports Forging Machines primarily from: Italy ($7.15M), Germany ($6.78M), China ($5.18M), South Korea ($3.58M), and Belgium ($2.75M).

The fastest growing import markets in Forging Machines for Slovenia between 2021 and 2022 were China ($2.15M), Japan ($1.24M), and Austria ($1.14M).

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)$17.3M
IMPORTS (2022)$42M
NET TRADE (2022)-$24.7M

In 2022, Slovenia exported $17.3M in Forging Machines. The main destinations of Slovenia exports on Forging Machines were Hungary ($4.28M), Croatia ($1.67M), Serbia ($1.29M), Germany ($1.08M), and Czechia ($978k).

In 2022, Slovenia imported $42M in Forging Machines, mainly from Italy ($7.15M), Germany ($6.78M), China ($5.18M), South Korea ($3.58M), and Belgium ($2.75M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Forging Machines EXPORT MARKETS FOR Slovenia WERE (2021 - 2022):
Hungary$2.23M (109%)
India$915k (2.48k%)
Turkey$744k (1.33k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Forging Machines BY Slovenia WERE (2021 - 2022):
Mexico-$2.89M (-92.2%)
United States-$1.94M (-91.8%)
Czechia-$1.28M (-56.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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