2022
Exports
$18.2MWorld Rnk 32 / 165
Flag Rnk 214 / 1158
2022
PRODUCT COMPLEXITY IN Forging Machines
1.5Rnk 53 / 1025
2022
Imports
$20.2MWorld Rnk 62 / 211
Flag Rnk 355 / 1188
2022
ECONOMIC COMPLEXITY of Ukraine
0.5Rnk 44 / 133

About

Exports In 2022, Ukraine exported $18.2M in Forging Machines, making it the 32nd largest exporter of Forging Machines in the world. At the same year, Forging Machines was the 214th most exported product in Ukraine. The main destination of Forging Machines exports from Ukraine are: Poland ($2.9M), Romania ($2.25M), North Macedonia ($1.5M), Czechia ($1.29M), and India ($1.22M).

The fastest growing export markets for Forging Machines of Ukraine between 2021 and 2022 were Poland ($2.32M), Romania ($1.79M), and North Macedonia ($1.5M).

Imports In 2022, Ukraine imported $20.2M in Forging Machines, becoming the 62nd largest importer of Forging Machines in the world. At the same year, Forging Machines was the 355th most imported product in Ukraine. Ukraine imports Forging Machines primarily from: China ($6.85M), Turkey ($3.68M), Germany ($3.32M), Poland ($2.04M), and Italy ($1.4M).

The fastest growing import markets in Forging Machines for Ukraine between 2021 and 2022 were Chinese Taipei ($386k), Portugal ($92.8k), and Bulgaria ($27.8k).

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)$18.2M
IMPORTS (2022)$20.2M
NET TRADE (2022)-$2.05M

In 2022, Ukraine exported $18.2M in Forging Machines. The main destinations of Ukraine exports on Forging Machines were Poland ($2.9M), Romania ($2.25M), North Macedonia ($1.5M), Czechia ($1.29M), and India ($1.22M).

In 2022, Ukraine imported $20.2M in Forging Machines, mainly from China ($6.85M), Turkey ($3.68M), Germany ($3.32M), Poland ($2.04M), and Italy ($1.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Forging Machines EXPORT MARKETS FOR Ukraine WERE (2021 - 2022):
Poland$2.32M (401%)
Romania$1.79M (381%)
North Macedonia$1.5M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Forging Machines BY Ukraine WERE (2021 - 2022):
South Korea-$1.85M (-100%)
Georgia-$1.06M (-98.3%)
India-$924k (-43.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Ukraine's main exporting competitors in Forging Machines were:
China $1.72B
Italy $1.2B
Germany $1.02B
In 2022, Ukraine'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+ $761k
TOP IMPORT POTENTIALChina+ $1.19M

Forging Machines’s highest export potential is Germany. With an export gap of $761k.   Forging Machines’s highest import potential is China with an import gap of $1.19M.

See methodology.

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