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Metal presses and forging machines: top exporters and importers (2024)

In 2024, world trade in metal presses and forging machines totaled $10.5 billion (1.5 million tonnes). The top exporters were China (23%), Italy (13%) and Germany (11%); the top importers were the United States (17%), India (8%) and Mexico (7%). Compared with 2019, the value rose 3%.

Summary

World trade
$10.5billion
Tonnes
1.5million tonnes
Price per tonne
$6,929
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. China$2.4 billion · 22.9%
  2. Italy$1.4 billion · 13%
  3. Germany$1.2 billion · 11.2%
  4. Japan$807 million · 7.7%
  5. South Korea$591 million · 5.7%
  6. United States$495 million · 4.7%
  7. Austria$454 million · 4.3%
  8. Turkey$451 million · 4.3%
  9. Switzerland$353 million · 3.4%
  10. Taiwan$334 million · 3.2%
  11. Spain$282 million · 2.7%
  12. France$189 million · 1.8%
  13. Belgium$188 million · 1.8%
    re-exports
  14. Canada$139 million · 1.3%
  15. United Kingdom$130 million · 1.2%
  16. Finland$109 million · 1%
  17. Netherlands$104 million · 1%
    re-exports
  18. Sweden$95 million · 0.91%
  19. Malaysia$77 million · 0.74%
  20. Brazil$70 million · 0.67%

Top importers

  1. United States$1.8 billion · 16.8%
  2. India$789 million · 7.5%
  3. Mexico$731 million · 7%
  4. China$528 million · 5.1%
  5. Germany$427 million · 4.1%
  6. Turkey$380 million · 3.6%
  7. Russia$314 million · 3%
  8. Canada$303 million · 2.9%
  9. Thailand$301 million · 2.9%
  10. Vietnam$295 million · 2.8%
  11. United Kingdom$262 million · 2.5%
  12. Brazil$200 million · 1.9%
  13. France$193 million · 1.9%
  14. Poland$187 million · 1.8%
  15. Italy$187 million · 1.8%
  16. South Korea$165 million · 1.6%
  17. Spain$160 million · 1.5%
  18. Indonesia$154 million · 1.5%
  19. Australia$144 million · 1.4%
  20. Saudi Arabia$141 million · 1.4%

Trend

Who sells it

China has been the top exporter since 2019

Value in USD billions. The five largest exporters in 2024.

  • China 2.4
  • Italy 1.4
  • Germany 1.2
  • Japan 0.81
  • South Korea 0.59

Source: CEPII BACI

Show the numbers
Country19952024
China0.062.4
Italy0.521.4
Germany0.961.2
Japan1.40.81
South Korea0.080.59

Price

Implied price

The price per tonne fell 23% since 1995

Current US dollars per tonne: value over the weight reported by BACI.

  • 2024: $6,929

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$9,044
1996$8,751
1997$7,559
1998$7,002
1999$3,877
2000$7,853
2001$7,675
2002$7,291
2003$7,746
2004$7,757
2005$8,478
2006$8,608
2007$6,195
2008$9,180
2009$8,354
2010$3,428
2011$9,010
2012$9,563
2013$7,240
2014$9,123
2015$7,334
2016$5,193
2017$4,776
2018$6,930
2019$6,872
2020$6,167
2021$7,187
2022$7,471
2023$8,321
2024$6,929

What it includes

  • 8462 · Metal presses and forging machines

Products in the same chapter

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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