2022
Exports
$82.6MWorld Rnk 21 / 201
Flag Rnk 470 / 1212
2022
PRODUCT COMPLEXITY IN Electric Soldering Equipment
1.96Rnk 7 / 1025
2022
Imports
$359MWorld Rnk 7 / 220
Flag Rnk 222 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $82.6M in Electric Soldering Equipment, making it the 21st largest exporter of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 470th most exported product in India. The main destination of Electric Soldering Equipment exports from India are: Argentina ($12M), United States ($10.7M), Germany ($10.1M), United Arab Emirates ($4.77M), and Canada ($3.76M).

The fastest growing export markets for Electric Soldering Equipment of India between 2021 and 2022 were Argentina ($12M), Canada ($2.26M), and Netherlands ($1.52M).

Imports In 2022, India imported $359M in Electric Soldering Equipment, becoming the 7th largest importer of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 222nd most imported product in India. India imports Electric Soldering Equipment primarily from: China ($150M), Germany ($38.4M), Japan ($34.9M), South Korea ($31.6M), and United States ($16.6M).

The fastest growing import markets in Electric Soldering Equipment for India between 2021 and 2022 were South Korea ($12.5M), China ($8.58M), and United States ($4.37M).

COMPANIES In 2023, leading companies such as J.C. Bamford (267) and Vestas (1) were at the forefront of shipping Electric Soldering Equipment from India 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)$82.6M
IMPORTS (2022)$359M
NET TRADE (2022)-$277M

In 2022, India exported $82.6M in Electric Soldering Equipment. The main destinations of India exports on Electric Soldering Equipment were Argentina ($12M), United States ($10.7M), Germany ($10.1M), United Arab Emirates ($4.77M), and Canada ($3.76M).

In 2022, India imported $359M in Electric Soldering Equipment, mainly from China ($150M), Germany ($38.4M), Japan ($34.9M), South Korea ($31.6M), and United States ($16.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Soldering Equipment EXPORT MARKETS FOR India WERE (2021 - 2022):
Argentina$12M (16.2k%)
Canada$2.26M (151%)
Netherlands$1.52M (265%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Soldering Equipment BY India WERE (2021 - 2022):
South Africa-$16M (-93.7%)
Thailand-$4.32M (-92.4%)
United States-$3.11M (-22.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Electric Soldering Equipment were:
In 2022, India'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
View
TOP EXPORT POTENTIALUnited States+ $13.6M
TOP IMPORT POTENTIALChina+ $79.9M

Electric Soldering Equipment’s highest export potential is United States. With an export gap of $13.6M.   Electric Soldering Equipment’s highest import potential is China with an import gap of $79.9M.

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