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Pricing

Wires, rods, tubes, plates, electrodes of base metal or metal carbides; of a kind used for soldering, brazing, welding; wires and rods for metal spraying

8311 (Harmonized System 1992 for 4-digit)

2023
World Trade $3.9BRnk 609 / 1217
2023
Top Exporter | Top Importer $957M | $240MChina | United States
2023
Product Complexity 0.44Rnk 393 / 1044
2022 - 2023
Export Growth (CAGR) 3.05%Rnk 306 / 1217
2023
Share of World Trade 0.017%Rnk 609 / 1217

About

Overview This page contains the latest trade data of Coated Metal Soldering Products. In 2023, Coated Metal Soldering Products were the world's 609th most traded product, with a total trade of $3.9B. Between 2022 and 2023 the exports of Coated Metal Soldering Products grew by 3.05%, from $3.79B to $3.9B. Trade in Coated Metal Soldering Products represent 0.017% of total world trade.

Coated Metal Soldering Products are a part of Miscellaneous metal products. They include Electrodes, coated, of base metal, for arc welding, Wire, cored, of base metal, for electric arc welding, Electrodes etc of base metal or metal carbide, nes, and Coated rods/cored wire for flame solder/braze/weld.

Exports In 2023 the top exporters of Coated Metal Soldering Products  were China ($957M), United States ($422M), South Korea ($227M), Germany ($201M), and Japan ($188M).

Imports In 2023 the top importers of Coated Metal Soldering Products were United States ($240M), China ($208M), Mexico ($206M), Thailand ($151M), and Indonesia ($144M).

Ranking Coated Metal Soldering Products ranks 393rd in the Product Complexity Index (PCI).

Description Wire, rods, tubes, plates, electrodes and similar products are used in the production of other goods. They can be made from a variety of materials, including copper, steel, aluminum, and nickel.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Coated Metal Soldering Products. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)China$957M
Top Destination (2023)United States$240M

In 2023 Coated Metal Soldering Products were the world's 609th most traded product (out of 1,217).

In 2023, the top exporters of Coated Metal Soldering Products were China ($957M), United States ($422M), South Korea ($227M), Germany ($201M), and Japan ($188M).

In 2023, the top importers of Coated Metal Soldering Products were United States ($240M), China ($208M), Mexico ($206M), Thailand ($151M), and Indonesia ($144M).

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Exporters of Coated Metal Soldering Products (2023)
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Importers of Coated Metal Soldering Products (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$57.3M
Top Destination Growth (2022 -  2023)United Arab Emirates$35M

Between 2022 and 2023, the exports of Coated Metal Soldering Products grew the fastest in China ($57.3M), Sweden ($47.7M), Romania ($24.7M), United States ($18.7M), and Czechia ($14.8M).

Between 2022 and 2023, the fastest growing importers of Coated Metal Soldering Products were United Arab Emirates ($35M), Czechia ($27.2M), Thailand ($24.3M), China ($13.8M), and Mexico ($12.8M).

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Exporters of Coated Metal Soldering Products (2022 - 2023)

Importers of Coated Metal Soldering Products (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Coated Metal Soldering Products.

In 2023, market concentration measured using Shannon Entropy, was 4.53. This means that most of the exports of Coated Metal Soldering Products are explained by 23 countries.

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Value of Exports in Coated Metal Soldering Products

Net Trade

TOP NET EXPORTER (2023)China$748M
TOP NET IMPORTER (2023)Mexico$150M

This map shows which countries export or import more of Coated Metal Soldering Products. Each country is colored based on the difference in exports and imports of Coated Metal Soldering Products during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Coated Metal Soldering Products were China ($748M), South Korea ($192M), United States ($183M), Sweden ($121M), and Japan ($109M).

In 2023, the countries that had a largest trade value in imports than in exports of Coated Metal Soldering Products were Mexico ($150M), Indonesia ($128M), Thailand ($116M), United Arab Emirates ($94.4M), and Canada ($90.9M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Coated Metal Soldering Products, disaggragated by their HS6 level were Electrodes, coated, of base metal, for... ($1.43B), Wire, cored, of base metal, for... ($1.32B), Electrodes etc of base metal or... ($631M), and Coated rods/cored wire for flame solder/braze/weld ($521M)

HS6 Disaggregation for Coated Metal Soldering Products (2023)
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Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Coated Metal Soldering Products.
It is possible to select the main countries that export or import Coated Metal Soldering Products in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Coated Metal Soldering Products by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $5.45M
TOP IMPORT POTENTIALChina+ $14.9M

Coated Metal Soldering Products’s highest export potential is China. With an export gap of $5.45M.  Coated Metal Soldering Products’s highest import potential is China with an import gap of $14.9M.

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Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

Related Products

This visualization shows products that are likely to be exported by countries that export Coated Metal Soldering Products.

Country by Relatedness

The following visualization shows the relatedness of Coated Metal Soldering Products to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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