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2022
Exports $29.3MWorld Rnk 21 / 161
Flag Rnk 685 / 1212
2022
Destination $1.18M China
2021 - 2022
FASTEST GROWING MARKET $1.18MUnited States
2022
PRODUCT COMPLEXITY IN Metal Finishing Machines1.51Rnk 48 / 1025
2022
Imports $218MWorld Rnk 4 / 210
Flag Rnk 294 / 1206
2022
Origin $30.8M Japan
2021 - 2022
FASTEST GROWING ORIGIN $30.8MJapan
2022
ECONOMIC COMPLEXITY of India0.64Rnk 40 / 133

About

Exports In 2022, India exported $29.3M in Metal Finishing Machines, making it the 21st largest exporter of Metal Finishing Machines in the world. At the same year, Metal Finishing Machines was the 685th most exported product in India. The main destination of Metal Finishing Machines exports from India are: China ($7.92M), United States ($4.46M), Thailand ($1.6M), United Kingdom ($1.19M), and Botswana ($1.16M).

The fastest growing export markets for Metal Finishing Machines of India between 2021 and 2022 were United States ($1.18M), Thailand ($961k), and Botswana ($926k).

Imports In 2022, India imported $218M in Metal Finishing Machines, becoming the 4th largest importer of Metal Finishing Machines in the world. At the same year, Metal Finishing Machines was the 294th most imported product in India. India imports Metal Finishing Machines primarily from: Japan ($53.8M), Germany ($32.6M), China ($29.4M), South Korea ($22.6M), and Switzerland ($18M).

The fastest growing import markets in Metal Finishing Machines for India between 2021 and 2022 were Japan ($30.8M), South Korea ($18.2M), and Germany ($6.92M).

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 Metal Finishing 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)$29.3M
IMPORTS (2022)$218M
NET TRADE (2022)-$189M

In 2022, India exported $29.3M in Metal Finishing Machines. The main destinations of India exports on Metal Finishing Machines were China ($7.92M), United States ($4.46M), Thailand ($1.6M), United Kingdom ($1.19M), and Botswana ($1.16M).

In 2022, India imported $218M in Metal Finishing Machines, mainly from Japan ($53.8M), Germany ($32.6M), China ($29.4M), South Korea ($22.6M), and Switzerland ($18M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metal Finishing Machines EXPORT MARKETS FOR India WERE (2021 - 2022):
United States$1.18M (35.9%)
Thailand$961k (150%)
Botswana$926k (395%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metal Finishing Machines BY India WERE (2021 - 2022):
China-$1.86M (-19%)
Indonesia-$1.02M (-79.5%)
South Korea-$797k (-89.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Metal Finishing Machines were:
Germany $779M
Switzerland $601M
Japan $534M
In 2022, India's main importing competitors in Metal Finishing Machines were:
China $836M
United States $544M
Germany $295M

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Trade Value of Metal Finishing Machines by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $8.94M
TOP IMPORT POTENTIALChina+ $18.9M

Metal Finishing Machines’s highest export potential is China. With an export gap of $8.94M.   Metal Finishing Machines’s highest import potential is China with an import gap of $18.9M.

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