Overview This page contains the latest trade data of Forging Machines. In 2021, Forging Machines were the world's 363rd most traded product, with a total trade of $9.78B. Between 2020 and 2021 the exports of Forging Machines grew by 15.8%, from $8.45B to $9.78B. Trade in Forging Machines represent 0.047% of total world trade.
Forging Machines are a part of Machinery, mechanical appliances, & parts. They include Num controlled machine tools to bend, fold, etc, meta, Metal shaping presses, nes, Machine tools to forge, stamp, hammer or press metals, Machine tools to bend, fold, shear or press metal, ne, Hydraulic presses for working metal, Num controlled punch, notch, punch-shear machines, Shearing (except punch-shear) machine tools, nes, Punching, notching, punch-shear machine tools, nes, and Num controlled shearing (non-punching) machine tools.
Exports In 2021 the top exporters of Forging Machines were China ($1.45B), Italy ($1.32B), Germany ($1.3B), Japan ($840M), and United States ($579M).
Imports In 2021 the top importers of Forging Machines were United States ($1.21B), China ($1.06B), Germany ($568M), Mexico ($459M), and India ($392M).
Tariffs In 2018 the average tariff for Forging Machines was 4.71%, making it the 879th lowest tariff using the HS4 product classification.
Ranking Forging Machines ranks 60th in the Product Complexity Index (PCI).
Description Machine tools are used to make other goods. They can be made from a variety of materials, including steel, aluminum, and other metals.
Forging Machines