2022
Exports
$2.39BWorld Rnk 2 / 201
Flag Rnk 144 / 1216
2022
PRODUCT COMPLEXITY IN Electric Soldering Equipment
1.96Rnk 7 / 1025
2022
Imports
$855MWorld Rnk 3 / 220
Flag Rnk 294 / 1215
2022
ECONOMIC COMPLEXITY of Germany
1.78Rnk 5 / 133

About

Exports In 2022, Germany exported $2.39B in Electric Soldering Equipment, making it the 2nd largest exporter of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 144th most exported product in Germany. The main destination of Electric Soldering Equipment exports from Germany are: United States ($419M), China ($329M), Poland ($116M), Netherlands ($111M), and Hungary ($109M).

The fastest growing export markets for Electric Soldering Equipment of Germany between 2021 and 2022 were Hungary ($55.3M), United Kingdom ($24.7M), and United States ($21M).

Imports In 2022, Germany imported $855M in Electric Soldering Equipment, becoming the 3rd largest importer of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 294th most imported product in Germany. Germany imports Electric Soldering Equipment primarily from: Switzerland ($167M), China ($138M), Italy ($72.2M), Czechia ($63.4M), and Netherlands ($50.6M).

The fastest growing import markets in Electric Soldering Equipment for Germany between 2021 and 2022 were Switzerland ($22.8M), China ($17.5M), and United States ($13.6M).

COMPANIES In 2023, leading companies such as Trumpf (78), ABB Motors and Mechanical (9), and Stihl (5) were at the forefront of shipping Electric Soldering Equipment from Germany to the United States.

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)$2.39B
IMPORTS (2022)$855M
NET TRADE (2022)$1.54B

In 2022, Germany exported $2.39B in Electric Soldering Equipment. The main destinations of Germany exports on Electric Soldering Equipment were United States ($419M), China ($329M), Poland ($116M), Netherlands ($111M), and Hungary ($109M).

In 2022, Germany imported $855M in Electric Soldering Equipment, mainly from Switzerland ($167M), China ($138M), Italy ($72.2M), Czechia ($63.4M), and Netherlands ($50.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Soldering Equipment EXPORT MARKETS FOR Germany WERE (2021 - 2022):
Hungary$55.3M (103%)
United Kingdom$24.7M (75.3%)
United States$21M (5.28%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Soldering Equipment BY Germany WERE (2021 - 2022):
China-$58.4M (-15.1%)
Russia-$13.6M (-26.8%)
Belgium-$8.23M (-19.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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TOP EXPORT POTENTIALFrance+ $38.9M
TOP IMPORT POTENTIALChina+ $28.9M

Electric Soldering Equipment’s highest export potential is France. With an export gap of $38.9M.   Electric Soldering Equipment’s highest import potential is China with an import gap of $28.9M.

See methodology.

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