2018
Exports
$388MWorld Rnk 8 / 201
Flag Rnk 130 / 1211
2022
PRODUCT COMPLEXITY IN Electric Soldering Equipment
1.96Rnk 7 / 1025
2018
Imports
$166MWorld Rnk 22 / 220
Flag Rnk 261 / 1212
2022
ECONOMIC COMPLEXITY of Austria
1.5Rnk 8 / 133

About

Exports In 2018, Austria exported $388M in Electric Soldering Equipment, making it the 8th largest exporter of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 130th most exported product in Austria. The main destination of Electric Soldering Equipment exports from Austria are: Germany ($48M), United States ($42.5M), China ($32.8M), France ($27.7M), and Italy ($15.9M).

The fastest growing export markets for Electric Soldering Equipment of Austria between 2021 and 2022 were Mexico ($9.53M), China ($5.56M), and France ($5.18M).

Imports In 2022, Austria imported $166M in Electric Soldering Equipment, becoming the 22nd largest importer of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 261st most imported product in Austria. Austria imports Electric Soldering Equipment primarily from: Germany ($82M), Hungary ($26.5M), Czechia ($12.1M), Sweden ($9.37M), and Switzerland ($8.33M).

The fastest growing import markets in Electric Soldering Equipment for Austria between 2021 and 2022 were Netherlands ($2.4M), Czechia ($1M), and Italy ($752k).

Latest Trends

Oct 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 Electric Soldering Equipment. 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)$388M
IMPORTS (2022)$166M
NET TRADE (2022)$221M

In 2022, Austria exported $388M in Electric Soldering Equipment. The main destinations of Austria exports on Electric Soldering Equipment were Germany ($48M), United States ($42.5M), China ($32.8M), France ($27.7M), and Italy ($15.9M).

In 2022, Austria imported $166M in Electric Soldering Equipment, mainly from Germany ($82M), Hungary ($26.5M), Czechia ($12.1M), Sweden ($9.37M), and Switzerland ($8.33M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Soldering Equipment EXPORT MARKETS FOR Austria WERE (2021 - 2022):
Mexico$9.53M (173%)
China$5.56M (20.4%)
France$5.18M (23%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Soldering Equipment BY Austria WERE (2021 - 2022):
Brazil-$6.25M (-60.4%)
Australia-$6.17M (-55.2%)
Russia-$3.63M (-37.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Austria' main exporting competitors in Electric Soldering Equipment were:
In 2022, Austria' main importing competitors in Electric Soldering Equipment were:

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Trade Value of Electric Soldering Equipment by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALGermany+ $18.5M
TOP IMPORT POTENTIALGermany+ $8.36M

Electric Soldering Equipment’s highest export potential is Germany. With an export gap of $18.5M.   Electric Soldering Equipment’s highest import potential is Germany with an import gap of $8.36M.

See methodology.

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