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Machine-tools; hot forming machines, hot hammers, for working metal

846219 (Harmonized System 2022 for 6-digit)

2023
World Trade $509MRnk 3107 / 5606
2023
Top Exporter | Top Importer $75.9M | $97.3MGermany | China
2023
Product Complexity 1.27Rnk 428 / 5606
2022 - 2023
Export Growth (CAGR) 8.09%Rnk 1112 / 5606
2023
Share of World Trade 0.0023%Rnk 3107 / 5606

About

Overview This page contains the latest trade data of Metal hot forming machines. In 2023, Metal hot forming machines were the world's 3107th most traded product, with a total trade of $509M. Between 2022 and 2023 the exports of Metal hot forming machines grew by 8.09%, from $471M to $509M. Trade in Metal hot forming machines represent 0.0023% of total world trade.

Metal hot forming machines are a part of Forging Machines.

Exports In 2023 the top exporters of Metal hot forming machines  were Germany ($75.9M), China ($64.6M), Turkey ($55.1M), Japan ($51.6M), and Italy ($47M).

Imports In 2023 the top importers of Metal hot forming machines were China ($97.3M), United States ($69.3M), India ($39.4M), Turkey ($30.1M), and Indonesia ($23.4M).

Ranking Metal hot forming machines ranks 428th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Metal hot forming machines. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Year
Top Origin (2023)Germany$75.9M
Top Destination (2023)China$97.3M

In 2023 Metal hot forming machines were the world's 3107th most traded product (out of 5,606).

In 2023, the top exporters of Metal hot forming machines were Germany ($75.9M), China ($64.6M), Turkey ($55.1M), Japan ($51.6M), and Italy ($47M).

In 2023, the top importers of Metal hot forming machines were China ($97.3M), United States ($69.3M), India ($39.4M), Turkey ($30.1M), and Indonesia ($23.4M).

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Exporters of Metal hot forming machines (2023)
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Importers of Metal hot forming machines (2023)
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Market Dynamics

Starting
Ending
Color
Top Origin Growth (2022 -  2023)Germany$49.3M
Top Destination Growth (2022 -  2023)United States$37.2M

Between 2022 and 2023, the exports of Metal hot forming machines grew the fastest in Germany ($49.3M), Turkey ($34.6M), Italy ($25.2M), France ($6.22M), and Russia ($5.24M).

Between 2022 and 2023, the fastest growing importers of Metal hot forming machines were United States ($37.2M), China ($23.5M), India ($14.1M), Indonesia ($8.65M), and Ukraine ($8.37M).

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Exporters of Metal hot forming machines (2022 - 2023)

Importers of Metal hot forming machines (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Metal hot forming machines.

In 2023, market concentration measured using Shannon Entropy, was 4.02. This means that most of the exports of Metal hot forming machines are explained by 16 countries.

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Value of Exports in Metal hot forming machines

Net Trade

Year
TOP NET EXPORTER (2023)Germany$69.7M
TOP NET IMPORTER (2023)United States$46.2M

This map shows which countries export or import more of Metal hot forming machines. Each country is colored based on the difference in exports and imports of Metal hot forming machines during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Metal hot forming machines were Germany ($69.7M), Italy ($42M), Japan ($34.9M), South Korea ($34.4M), and Chinese Taipei ($30.9M).

In 2023, the countries that had a largest trade value in imports than in exports of Metal hot forming machines were United States ($46.2M), India ($36.5M), China ($32.6M), Indonesia ($22.7M), and Mexico ($21M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Metal hot forming machines.
It is possible to select the main countries that export or import Metal hot forming machines in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Metal hot forming machines by percentage of total exports

Product Complexity

Diversification Frontier

Specialization
Year

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

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