Exports In 2022, India exported $26.2M in Metalworking Machines, making it the 12th largest exporter of Metalworking Machines in the world. At the same year, Metalworking Machines was the 701st most exported product in India. The main destination of Metalworking Machines exports from India are: United States ($9.24M), United Arab Emirates ($1.68M), Italy ($1.41M), South Korea ($1.05M), and Canada ($892k).
The fastest growing export markets for Metalworking Machines of India between 2021 and 2022 were United Arab Emirates ($1.41M), Italy ($797k), and Canada ($446k).
Imports In 2022, India imported $115M in Metalworking Machines, becoming the 3rd largest importer of Metalworking Machines in the world. At the same year, Metalworking Machines was the 426th most imported product in India. India imports Metalworking Machines primarily from: Germany ($32.3M), Japan ($28.3M), China ($17M), Switzerland ($10.2M), and South Korea ($3.91M).
The fastest growing import markets in Metalworking Machines for India between 2021 and 2022 were Japan ($15.5M), Germany ($8.4M), and Spain ($1.29M).
COMPANIES In 2023, leading companies such as ZF Friedrichshafen (4) were at the forefront of shipping Metalworking Machines from India to the United States.