Exports In 2020, China exported $2.1B in Electric Soldering Equipment, making it the 1st largest exporter of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 216th most exported product in China. The main destination of Electric Soldering Equipment exports from China are: United States ($168M), Vietnam ($160M), Russia ($159M), India ($118M), and South Korea ($107M).
The fastest growing export markets for Electric Soldering Equipment of China between 2019 and 2020 were South Korea ($59.5M), Vietnam ($40.7M), and Turkey ($30.7M).
Imports In 2020, China imported $829M in Electric Soldering Equipment, becoming the 2nd largest importer of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 235th most imported product in China. China imports Electric Soldering Equipment primarily from: Germany ($278M), Japan ($191M), South Korea ($103M), United States ($38.1M), and Switzerland ($27.9M).
The fastest growing import markets in Electric Soldering Equipment for China between 2019 and 2020 were Italy ($5.37M), Chinese Taipei ($3.67M), and Russia ($2.45M).
Tariffs In 2018, the average tariff for China in Electric Soldering Equipment was 7.31%. The countries with the highest import tariffs for Electric Soldering Equipment were Brunei (Most Favoured Nation duty rate treatement, 10%), Indonesia (Most Favoured Nation duty rate treatement, 10%), Laos (Most Favoured Nation duty rate treatement, 10%), Malaysia (Most Favoured Nation duty rate treatement, 10%), and Philippines (Most Favoured Nation duty rate treatement, 10%).