2022
Exports
$608MWorld Rnk 5 / 201
Flag Rnk 71 / 1211
2022
PRODUCT COMPLEXITY IN Electric Soldering Equipment
1.96Rnk 7 / 1025
2022
Imports
$116MWorld Rnk 30 / 220
Flag Rnk 336 / 1213
2022
ECONOMIC COMPLEXITY of Switzerland
1.97Rnk 2 / 133

About

Exports In 2022, Switzerland exported $608M in Electric Soldering Equipment, making it the 5th largest exporter of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 71st most exported product in Switzerland. The main destination of Electric Soldering Equipment exports from Switzerland are: Germany ($167M), United States ($118M), China ($37.1M), Mexico ($34M), and France ($24.4M).

The fastest growing export markets for Electric Soldering Equipment of Switzerland between 2021 and 2022 were Mexico ($24.8M), Germany ($22.8M), and Canada ($3.72M).

Imports In 2022, Switzerland imported $116M in Electric Soldering Equipment, becoming the 30th largest importer of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 336th most imported product in Switzerland. Switzerland imports Electric Soldering Equipment primarily from: Germany ($52M), Italy ($16M), China ($6.05M), Austria ($5.66M), and United States ($5.02M).

The fastest growing import markets in Electric Soldering Equipment for Switzerland between 2021 and 2022 were Italy ($1.81M), Romania ($1.09M), and France ($1.04M).

Latest Trends

Sep 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)$608M
IMPORTS (2022)$116M
NET TRADE (2022)$493M

In 2022, Switzerland exported $608M in Electric Soldering Equipment. The main destinations of Switzerland exports on Electric Soldering Equipment were Germany ($167M), United States ($118M), China ($37.1M), Mexico ($34M), and France ($24.4M).

In 2022, Switzerland imported $116M in Electric Soldering Equipment, mainly from Germany ($52M), Italy ($16M), China ($6.05M), Austria ($5.66M), and United States ($5.02M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Soldering Equipment EXPORT MARKETS FOR Switzerland WERE (2021 - 2022):
Mexico$24.8M (272%)
Germany$22.8M (15.9%)
Canada$3.72M (31.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Soldering Equipment BY Switzerland WERE (2021 - 2022):
United States-$39.4M (-25%)
Singapore-$5.95M (-27%)
Japan-$5.94M (-42.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Electric Soldering Equipment by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALFrance+ $14.4M
TOP IMPORT POTENTIALGermany+ $12.8M

Electric Soldering Equipment’s highest export potential is France. With an export gap of $14.4M.   Electric Soldering Equipment’s highest import potential is Germany with an import gap of $12.8M.

See methodology.

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