Exports In 2022, India exported $53.2M in Forging Machines, making it the 24th largest exporter of Forging Machines in the world. At the same year, Forging Machines was the 582nd most exported product in India. The main destination of Forging Machines exports from India are: Vietnam ($7.33M), Argentina ($3.95M), Nepal ($3.21M), Bangladesh ($3.05M), and United Arab Emirates ($2.99M).
The fastest growing export markets for Forging Machines of India between 2021 and 2022 were Vietnam ($6.9M), Argentina ($3.95M), and Burundi ($1.76M).
Imports In 2022, India imported $369M in Forging Machines, becoming the 6th largest importer of Forging Machines in the world. At the same year, Forging Machines was the 215th most imported product in India. India imports Forging Machines primarily from: China ($164M), Japan ($47.5M), South Korea ($34.1M), Italy ($22M), and Germany ($19.8M).
The fastest growing import markets in Forging Machines for India between 2021 and 2022 were Japan ($10.1M), China ($9.09M), and South Korea ($6.03M).
COMPANIES In 2023, leading companies such as Steve Madden (1) were at the forefront of shipping Forging Machines from India to the United States.