2022
Exports
$105MWorld Rnk 2 / 166
Flag Rnk 747 / 1216
2022
PRODUCT COMPLEXITY IN Soldering and Welding Machinery
1.33Rnk 87 / 1025
2022
Imports
$58.6MWorld Rnk 2 / 214
Flag Rnk 878 / 1215
2022
ECONOMIC COMPLEXITY of Germany
1.78Rnk 5 / 133

About

Exports In 2022, Germany exported $105M in Soldering and Welding Machinery, making it the 2nd largest exporter of Soldering and Welding Machinery in the world. At the same year, Soldering and Welding Machinery was the 747th most exported product in Germany. The main destination of Soldering and Welding Machinery exports from Germany are: United States ($20M), Austria ($9.38M), Italy ($7.51M), France ($5.46M), and China ($5.02M).

The fastest growing export markets for Soldering and Welding Machinery of Germany between 2021 and 2022 were United States ($14.2M), Italy ($4.07M), and Austria ($2.51M).

Imports In 2022, Germany imported $58.6M in Soldering and Welding Machinery, becoming the 2nd largest importer of Soldering and Welding Machinery in the world. At the same year, Soldering and Welding Machinery was the 878th most imported product in Germany. Germany imports Soldering and Welding Machinery primarily from: China ($10.8M), Austria ($9.31M), Czechia ($8.43M), Estonia ($5.21M), and Italy ($4.31M).

The fastest growing import markets in Soldering and Welding Machinery for Germany between 2021 and 2022 were Slovenia ($993k), Spain ($751k), and Japan ($622k).

COMPANIES In 2023, leading companies such as Hilti Power Tools (3) were at the forefront of shipping Soldering and Welding Machinery from Germany to the United States.

Latest Trends

Jul 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 Soldering and Welding Machinery. 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)$105M
IMPORTS (2022)$58.6M
NET TRADE (2022)$46.9M

In 2022, Germany exported $105M in Soldering and Welding Machinery. The main destinations of Germany exports on Soldering and Welding Machinery were United States ($20M), Austria ($9.38M), Italy ($7.51M), France ($5.46M), and China ($5.02M).

In 2022, Germany imported $58.6M in Soldering and Welding Machinery, mainly from China ($10.8M), Austria ($9.31M), Czechia ($8.43M), Estonia ($5.21M), and Italy ($4.31M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soldering and Welding Machinery EXPORT MARKETS FOR Germany WERE (2021 - 2022):
United States$14.2M (241%)
Italy$4.07M (119%)
Austria$2.51M (36.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soldering and Welding Machinery BY Germany WERE (2021 - 2022):
Russia-$4.2M (-81%)
Slovenia-$3.59M (-76.7%)
Netherlands-$2.22M (-37.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Germany's main exporting competitors in Soldering and Welding Machinery were:
In 2022, Germany's main importing competitors in Soldering and Welding Machinery were:

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Trade Value of Soldering and Welding Machinery by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALFrance+ $2.06M
TOP IMPORT POTENTIALChina+ $2.39M

Soldering and Welding Machinery’s highest export potential is France. With an export gap of $2.06M.   Soldering and Welding Machinery’s highest import potential is China with an import gap of $2.39M.

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