2022
Exports
$58.4MWorld Rnk 21 / 165
Flag Rnk 393 / 1208
2022
PRODUCT COMPLEXITY IN Forging Machines
1.5Rnk 53 / 1025
2022
Imports
$145MWorld Rnk 19 / 211
Flag Rnk 258 / 1213
2022
ECONOMIC COMPLEXITY of Czechia
1.55Rnk 7 / 133

About

Exports In 2022, Czechia exported $58.4M in Forging Machines, making it the 21st largest exporter of Forging Machines in the world. At the same year, Forging Machines was the 393rd most exported product in Czechia. The main destination of Forging Machines exports from Czechia are: Russia ($16.2M), Germany ($6.32M), Slovakia ($5.9M), United Kingdom ($5.72M), and Poland ($2.78M).

The fastest growing export markets for Forging Machines of Czechia between 2021 and 2022 were Russia ($12M), United Kingdom ($5.57M), and Hungary ($1.47M).

Imports In 2022, Czechia imported $145M in Forging Machines, becoming the 19th largest importer of Forging Machines in the world. At the same year, Forging Machines was the 258th most imported product in Czechia. Czechia imports Forging Machines primarily from: Italy ($33.7M), Germany ($27.3M), United States ($13.8M), Austria ($12.2M), and Switzerland ($6.65M).

The fastest growing import markets in Forging Machines for Czechia between 2021 and 2022 were Italy ($15.5M), United States ($12.3M), and United Kingdom ($4.57M).

Latest Trends

Sep 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)$58.4M
IMPORTS (2022)$145M
NET TRADE (2022)-$86.3M

In 2022, Czechia exported $58.4M in Forging Machines. The main destinations of Czechia exports on Forging Machines were Russia ($16.2M), Germany ($6.32M), Slovakia ($5.9M), United Kingdom ($5.72M), and Poland ($2.78M).

In 2022, Czechia imported $145M in Forging Machines, mainly from Italy ($33.7M), Germany ($27.3M), United States ($13.8M), Austria ($12.2M), and Switzerland ($6.65M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Forging Machines EXPORT MARKETS FOR Czechia WERE (2021 - 2022):
Russia$12M (284%)
United Kingdom$5.57M (3.85k%)
Hungary$1.47M (157%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Forging Machines BY Czechia WERE (2021 - 2022):
Slovakia-$4.26M (-41.9%)
Germany-$2.59M (-29%)
Austria-$1.6M (-93.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Czechia's main exporting competitors in Forging Machines were:
China $1.72B
Italy $1.2B
Germany $1.02B
In 2022, Czechia'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+ $4.29M
TOP IMPORT POTENTIALGermany+ $6.21M

Forging Machines’s highest export potential is Germany. With an export gap of $4.29M.   Forging Machines’s highest import potential is Germany with an import gap of $6.21M.

See methodology.

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