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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)

2022
World Trade $3.7BRnk 630 / 1218
2022
Top Exporter | Top Importer $953M | $214MChina | United States
2022
Product Complexity 0.47Rnk 382 / 1033
2021 - 2022
Export Growth (CAGR) 6.32%Rnk 553 / 1218
2022
Share of World Trade 0.016%Rnk 630 / 1218

About

Overview This page contains the latest trade data of Coated Metal Soldering Products. In 2022, Coated Metal Soldering Products were the world's 630th most traded product, with a total trade of $3.7B. Between 2021 and 2022 the exports of Coated Metal Soldering Products grew by 6.32%, from $3.48B to $3.7B. Trade in Coated Metal Soldering Products represent 0.016% 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 2022 the top exporters of Coated Metal Soldering Products  were China ($953M), United States ($395M), South Korea ($216M), Japan ($176M), and Germany ($167M).

Imports In 2022 the top importers of Coated Metal Soldering Products were United States ($214M), China ($193M), Mexico ($182M), Germany ($145M), and Canada ($141M).

Ranking Coated Metal Soldering Products ranks 382nd 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 (2022)China$953M
Top Destination (2022)United States$214M

In 2022 Coated Metal Soldering Products were the world's 630th most traded product (out of 1,218).

In 2022, the top exporters of Coated Metal Soldering Products were China ($953M), United States ($395M), South Korea ($216M), Japan ($176M), and Germany ($167M).

In 2022, the top importers of Coated Metal Soldering Products were United States ($214M), China ($193M), Mexico ($182M), Germany ($145M), and Canada ($141M).

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Exporters of Coated Metal Soldering Products (2022)
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Importers of Coated Metal Soldering Products (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$130M
Top Destination Growth (2021 -  2022)Vietnam$47M

Between 2021 and 2022, the exports of Coated Metal Soldering Products grew the fastest in China ($130M), United States ($65.3M), South Korea ($24.7M), Japan ($22.2M), and Germany ($15.5M).

Between 2021 and 2022, the fastest growing importers of Coated Metal Soldering Products were Vietnam ($47M), Mexico ($46.7M), United States ($37.1M), China ($24.7M), and Indonesia ($20.7M).

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Exporters of Coated Metal Soldering Products (2021 - 2022)

Importers of Coated Metal Soldering Products (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 4.49. This means that most of the exports of Coated Metal Soldering Products are explained by 22 countries.

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Value of Exports in Coated Metal Soldering Products

Net Trade

TOP NET EXPORTER (2022)China$761M
TOP NET IMPORTER (2022)Mexico$132M

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Coated Metal Soldering Products were China ($761M), United States ($180M), South Korea ($170M), Japan ($93.2M), and Italy ($75.6M).

In 2022, the countries that had a largest trade value in imports than in exports of Coated Metal Soldering Products were Mexico ($132M), Canada ($100M), Indonesia ($95M), Russia ($75.3M), and Thailand ($54.9M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Coated Metal Soldering Products, disaggragated by their HS6 level were Electrodes, coated, of base metal, for... ($1.33B), Wire, cored, of base metal, for... ($1.24B), Electrodes etc of base metal or... ($572M), and Coated rods/cored wire for flame solder/braze/weld ($557M)

HS6 Disaggregation for Coated Metal Soldering Products (2022)
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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 (2022)

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 (2022)

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