2023
Exports
$34.8MWorld Rnk 30 / 197
Flag Rnk 72 / 809
2023
PRODUCT COMPLEXITY IN Electric Soldering Equipment
1.73Rnk 19 / 1025
2023
Imports
$3.5MWorld Rnk 108 / 224
Flag Rnk 476 / 1137
2023
ECONOMIC COMPLEXITY of Burma
-0.91Rnk 108 / 132

About

Exports In 2023, Burma exported $34.8M in Electric Soldering Equipment, making it the 30th largest exporter of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 72nd most exported product in Burma. The main destination of Electric Soldering Equipment exports from Burma are: Japan ($34.8M) and Italy ($8.46k).

The fastest growing export markets for Electric Soldering Equipment of Burma between 2022 and 2023 were Japan ($34.8M) and Italy ($7.36k).

Imports In 2023, Burma imported $3.5M in Electric Soldering Equipment, becoming the 108th largest importer of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 476th most imported product in Burma. Burma imports Electric Soldering Equipment primarily from: China ($2.55M), Thailand ($335k), Australia ($169k), United States ($102k), and Japan ($100k).

The fastest growing import markets in Electric Soldering Equipment for Burma between 2022 and 2023 were Malaysia ($59k), United States ($56.7k), and Austria ($36.7k).

Latest Trends

Dec 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 (2023)$34.8M
IMPORTS (2023)$3.5M
NET TRADE (2023)$31.3M

In 2023, Burma exported $34.8M in Electric Soldering Equipment. The main destinations of Burma exports on Electric Soldering Equipment were Japan ($34.8M) and Italy ($8.46k).

In 2023, Burma imported $3.5M in Electric Soldering Equipment, mainly from China ($2.55M), Thailand ($335k), Australia ($169k), United States ($102k), and Japan ($100k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electric Soldering Equipment EXPORT MARKETS FOR Burma WERE (2022 - 2023):
Japan$34.8M (1.84M%)
Italy$7.36k (665%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Soldering Equipment BY Burma WERE (2022 - 2023):
Cambodia-$380k (-100%)
Indonesia-$14.8k (-100%)
Vietnam-$9.74k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Burma's main exporting competitors in Electric Soldering Equipment were:
In 2023, Burma'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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N/A
N/AN/A
N/AN/A

Electric Soldering Equipment’s highest export potential is N/A. With an export gap of N/A.   Electric Soldering Equipment’s highest import potential is N/A with an import gap of N/A.

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