2022
Exports
$5.81MWorld Rnk 25 / 166
Flag Rnk 170 / 834
2022
PRODUCT COMPLEXITY IN Soldering and Welding Machinery
1.33Rnk 87 / 1025
2022
Imports
$2.46MWorld Rnk 65 / 214
Flag Rnk 602 / 1149
2022
ECONOMIC COMPLEXITY of Burma
-0.84Rnk 102 / 133

About

Exports In 2022, Burma exported $5.81M in Soldering and Welding Machinery, making it the 25th largest exporter of Soldering and Welding Machinery in the world. At the same year, Soldering and Welding Machinery was the 170th most exported product in Burma. The main destination of Soldering and Welding Machinery exports from Burma are: Singapore ($3.01M), United Arab Emirates ($2.7M), Cambodia ($86.1k), Canada ($10.6k), and Japan ($4.2k).

The fastest growing export markets for Soldering and Welding Machinery of Burma between 2021 and 2022 were Singapore ($2.82M), United Arab Emirates ($2.7M), and Cambodia ($86.1k).

Imports In 2022, Burma imported $2.46M in Soldering and Welding Machinery, becoming the 65th largest importer of Soldering and Welding Machinery in the world. At the same year, Soldering and Welding Machinery was the 602nd most imported product in Burma. Burma imports Soldering and Welding Machinery primarily from: China ($1.4M), Singapore ($872k), Australia ($70k), Vietnam ($39.1k), and Thailand ($32.9k).

The fastest growing import markets in Soldering and Welding Machinery for Burma between 2021 and 2022 were Singapore ($369k), Vietnam ($39.1k), and Australia ($23k).

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 Soldering and Welding Machinery. 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)$5.81M
IMPORTS (2022)$2.46M
NET TRADE (2022)$3.35M

In 2022, Burma exported $5.81M in Soldering and Welding Machinery. The main destinations of Burma exports on Soldering and Welding Machinery were Singapore ($3.01M), United Arab Emirates ($2.7M), Cambodia ($86.1k), Canada ($10.6k), and Japan ($4.2k).

In 2022, Burma imported $2.46M in Soldering and Welding Machinery, mainly from China ($1.4M), Singapore ($872k), Australia ($70k), Vietnam ($39.1k), and Thailand ($32.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soldering and Welding Machinery EXPORT MARKETS FOR Burma WERE (2021 - 2022):
Singapore$2.82M (1.52k%)
Cambodia$86.1k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soldering and Welding Machinery BY Burma WERE (2021 - 2022):China-$973 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Burma's main exporting competitors in Soldering and Welding Machinery were:
In 2022, Burma's main importing competitors in Soldering and Welding Machinery were:

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Trade Value of Soldering and Welding Machinery by Exporters

Potential Exports

Potential Exports

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N/A
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Soldering and Welding Machinery’s highest export potential is N/A. With an export gap of N/A.   Soldering and Welding Machinery’s highest import potential is N/A with an import gap of N/A.

See methodology.

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