2022
Exports
$29.6MWorld Rnk 22 / 93
Flag Rnk 684 / 1212
2022
PRODUCT COMPLEXITY IN Metalworking Transfer Machines
2.21Rnk 2 / 1025
2022
Imports
$373MWorld Rnk 6 / 169
Flag Rnk 214 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $29.6M in Metalworking Transfer Machines, making it the 22nd largest exporter of Metalworking Transfer Machines in the world. At the same year, Metalworking Transfer Machines was the 684th most exported product in India. The main destination of Metalworking Transfer Machines exports from India are: United States ($9.27M), Italy ($2.73M), China ($2.26M), Russia ($1.85M), and Turkey ($1.81M).

The fastest growing export markets for Metalworking Transfer Machines of India between 2021 and 2022 were United States ($6.33M), China ($1.66M), and Italy ($1.29M).

Imports In 2022, India imported $373M in Metalworking Transfer Machines, becoming the 6th largest importer of Metalworking Transfer Machines in the world. At the same year, Metalworking Transfer Machines was the 214th most imported product in India. India imports Metalworking Transfer Machines primarily from: Japan ($134M), South Korea ($56.6M), United States ($54.4M), Chinese Taipei ($34.4M), and Germany ($31.7M).

The fastest growing import markets in Metalworking Transfer Machines for India between 2021 and 2022 were South Korea ($23M), United States ($11.2M), and Germany ($6.58M).

COMPANIES In 2023, leading companies such as Cummins (2) and Haas Automation (1) were at the forefront of shipping Metalworking Transfer Machines from India to the United States.

Latest Trends

Nov 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 Metalworking Transfer 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)$29.6M
IMPORTS (2022)$373M
NET TRADE (2022)-$344M

In 2022, India exported $29.6M in Metalworking Transfer Machines. The main destinations of India exports on Metalworking Transfer Machines were United States ($9.27M), Italy ($2.73M), China ($2.26M), Russia ($1.85M), and Turkey ($1.81M).

In 2022, India imported $373M in Metalworking Transfer Machines, mainly from Japan ($134M), South Korea ($56.6M), United States ($54.4M), Chinese Taipei ($34.4M), and Germany ($31.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metalworking Transfer Machines EXPORT MARKETS FOR India WERE (2021 - 2022):
United States$6.33M (216%)
China$1.66M (277%)
Italy$1.29M (89.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metalworking Transfer Machines BY India WERE (2021 - 2022):
Egypt-$469k (-100%)
Germany-$459k (-75.8%)
Thailand-$440k (-52.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Metalworking Transfer Machines were:
In 2022, India's main importing competitors in Metalworking Transfer Machines were:

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Trade Value of Metalworking Transfer Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $6.33M
TOP IMPORT POTENTIALChina+ $21.3M

Metalworking Transfer Machines’s highest export potential is United States. With an export gap of $6.33M.   Metalworking Transfer Machines’s highest import potential is China with an import gap of $21.3M.

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