HS Icon Coated Metal Soldering Products

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)

Overview This page contains the latest trade data of Coated Metal Soldering Products. In 2021, Coated Metal Soldering Products were the world's 630th most traded product, with a total trade of $3.44B. Between 2020 and 2021 the exports of Coated Metal Soldering Products grew by 25%, from $2.75B to $3.44B. Trade in Coated Metal Soldering Products represent 0.00016% 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 2021 the top exporters of Coated Metal Soldering Products  were China ($766M), United States ($328M), South Korea ($190M), Italy ($164M), and Japan ($153M).

Imports In 2021 the top importers of Coated Metal Soldering Products were United States ($192M), China ($164M), Mexico ($135M), Germany ($133M), and Canada ($122M).

Tariffs In 2018 the average tariff for Coated Metal Soldering Products was 10.1%, making it the 418th lowest tariff using the HS4 product classification.

Ranking Coated Metal Soldering Products ranks 355th 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.

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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.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2021): China, $766M

Top Destination (2021): United States, $192M

Coated Metal Soldering Products are the world's 630th most traded product.

In 2021, the top exporters of Coated Metal Soldering Products were China ($766M), United States ($328M), South Korea ($190M), Italy ($164M), and Japan ($153M).

In 2021, the top importers of Coated Metal Soldering Products were United States ($192M), China ($164M), Mexico ($135M), Germany ($133M), and Canada ($122M).

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Market Dynamics

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Trade by country

Color

Top Origin Growth (2020 -  2021): China, $163M

Top Destination Growth (2020 -  2021): United States, $48.1M

Between 2020 and 2021, the exports of Coated Metal Soldering Products grew the fastest in China ($163M), United States ($53.1M), Italy ($39M), Germany ($38.8M), and Vietnam ($31.2M).

Between 2020 and 2021, the fastest growing importers of Coated Metal Soldering Products were United States ($48.1M), Germany ($40.5M), United Arab Emirates ($34.4M), India ($32.5M), and Mexico ($31M).

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Market Concentration

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Cumulative market share

Value

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

In 2021, market concentration measured using Shannon Entropy, was 4.67. This means that most of the exports of Coated Metal Soldering Products are explained by 25 countries.

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TOP NET EXPORTER (2021): China, $602M

TOP NET IMPORTER (2021): Canada, $89.1M

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 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Coated Metal Soldering Products were China ($602M), South Korea ($146M), United States ($136M), Italy ($83.7M), and Japan ($73.8M).

In 2021, the countries that had a largest trade value in imports than in exports of Coated Metal Soldering Products were Canada ($89.1M), Mexico ($86.9M), Russia ($74.6M), Indonesia ($71.9M), and United Arab Emirates ($69.2M).

Disaggregation

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Value

In 2021, the world most traded Coated Metal Soldering Products, disaggragated by their HS6 level were Electrodes, coated, of base metal, for... ($1.31B), Wire, cored, of base metal, for... ($1.09B), Electrodes etc of base metal or... ($545M), and Coated rods/cored wire for flame solder/braze/weld ($488M)

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.

Product Complexity

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Diversification Frontier

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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.

Country by Relatedness

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