2022
Exports
$72.1MWorld Rnk 20 / 174
Flag Rnk 509 / 1212
2022
PRODUCT COMPLEXITY IN Woodworking machines
1.28Rnk 96 / 1025
2022
Imports
$146MWorld Rnk 18 / 218
Flag Rnk 380 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $72.1M in Woodworking machines, making it the 20th largest exporter of Woodworking machines in the world. At the same year, Woodworking machines was the 509th most exported product in India. The main destination of Woodworking machines exports from India are: Italy ($16.7M), United States ($11.1M), Australia ($7.21M), Canada ($5.19M), and Nepal ($2.6M).

The fastest growing export markets for Woodworking machines of India between 2021 and 2022 were United States ($3.23M), Australia ($2.21M), and Canada ($1.62M).

Imports In 2022, India imported $146M in Woodworking machines, becoming the 18th largest importer of Woodworking machines in the world. At the same year, Woodworking machines was the 380th most imported product in India. India imports Woodworking machines primarily from: China ($78M), Italy ($18.8M), Germany ($18.8M), Chinese Taipei ($9.5M), and Austria ($3.29M).

The fastest growing import markets in Woodworking machines for India between 2021 and 2022 were China ($20.3M), Germany ($6.49M), and Italy ($1.47M).

COMPANIES In 2023, leading companies such as JP Boden Services (8), Hilti Power Tools (2), and Continental Tire (1) were at the forefront of shipping Woodworking machines from India to the United States.

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 Woodworking 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)$72.1M
IMPORTS (2022)$146M
NET TRADE (2022)-$74M

In 2022, India exported $72.1M in Woodworking machines. The main destinations of India exports on Woodworking machines were Italy ($16.7M), United States ($11.1M), Australia ($7.21M), Canada ($5.19M), and Nepal ($2.6M).

In 2022, India imported $146M in Woodworking machines, mainly from China ($78M), Italy ($18.8M), Germany ($18.8M), Chinese Taipei ($9.5M), and Austria ($3.29M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Woodworking machines EXPORT MARKETS FOR India WERE (2021 - 2022):
United States$3.23M (41.1%)
Australia$2.21M (44.3%)
Canada$1.62M (45.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Woodworking machines BY India WERE (2021 - 2022):
Nepal-$1.02M (-28.2%)
Kenya-$810k (-76.5%)
Sri Lanka-$585k (-76.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Woodworking machines were:
China $2.66B
Germany $1.99B
Italy $1.23B
In 2022, India's main importing competitors in Woodworking machines were:

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Trade Value of Woodworking machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $11.9M
TOP IMPORT POTENTIALChina+ $47.3M

Woodworking machines’s highest export potential is United States. With an export gap of $11.9M.   Woodworking machines’s highest import potential is China with an import gap of $47.3M.

See methodology.

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