Workstation 16 Pro

I have a Windows 11 VM that I want to move/copy to a different machine, because Workstation has assigned an automatic password and encrypted the disk I can't just copy over the files as I don't know the password.

Export to VMK is disabled - I assume also because the disk is encrypted?

I have googled for solutions, but can't find one that works - is there a way to move/copy a Windows 11 VM to another machine?