2021
Exports | Imports
$2.3B | $864MWorld Rnk 2 / 196
Flag Rnk 147 / 1215
World Rnk 3 / 220
Flag Rnk 288 / 1213
2021
ECONOMIC COMPLEXITY of Germany
1.81Rnk 5 / 131
2021
PRODUCT COMPLEXITY IN Electric Soldering Equipment
1.94Rnk 8 / 1024

About

Exports In 2021, Germany exported $2.3B 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 147th most exported product in Germany. The main destination of Electric Soldering Equipment exports from Germany are: United States ($398M), China ($387M), Poland ($118M), Netherlands ($109M), and France ($92.4M).

The fastest growing export markets for Electric Soldering Equipment of Germany between 2020 and 2021 were China ($109M), United States ($85.4M), and Netherlands ($58.1M).

Imports In 2021, Germany imported $864M 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 288th most imported product in Germany. Germany imports Electric Soldering Equipment primarily from: Switzerland ($144M), China ($122M), Sweden ($67.1M), Czechia ($65.7M), and Netherlands ($63.7M).

The fastest growing import markets in Electric Soldering Equipment for Germany between 2020 and 2021 were Switzerland ($35.3M), China ($20.6M), and Poland ($18.2M).

Latest Trends

Dec 2023

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 (2021)$2.3B
IMPORTS (2021)$864M
NET TRADE (2021)$1.44B

In 2021, Germany exported $2.3B in Electric Soldering Equipment. The main destinations of Germany exports on Electric Soldering Equipment were United States ($398M), China ($387M), Poland ($118M), Netherlands ($109M), and France ($92.4M).

In 2021, Germany imported $864M in Electric Soldering Equipment, mainly from Switzerland ($144M), China ($122M), Sweden ($67.1M), Czechia ($65.7M), and Netherlands ($63.7M).

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Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
THE FASTEST GROWING Electric Soldering Equipment EXPORT MARKETS FOR Germany WERE (2020 - 2021):
China$109M (39.3%)
United States$85.4M (27.3%)
Netherlands$58.1M (114%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Soldering Equipment BY Germany WERE (2020 - 2021):
United Kingdom-$24.9M (-43.2%)
Vietnam-$24.6M (-80.8%)
Serbia-$12.2M (-52.2%)

Change in Exports by Market (2020 - 2021)

Market Concentration

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Flow
Type
In 2021, Germany's main exporting competitors in Electric Soldering Equipment were:
China $2.74B
Japan $1.18B
In 2021, Germany's main importing competitors in Electric Soldering Equipment were:

Explore Visualizations

Trade Value of Electric Soldering Equipment by Exporters

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