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831130 (Harmonized System 1992 for 6-digit)

2023
World Trade $521MRnk 2807 / 4644
2023
Top Exporter | Top Importer $222M | $71.5MChina | Vietnam
2023
Product Complexity 1.06Rnk 702 / 4656
2022 - 2023
Export Growth (CAGR) 0.5%Rnk 1497 / 4644
2023
Share of World Trade 0.0023%Rnk 2807 / 4644

About

Overview This page contains the latest trade data of Coated rods/cored wire for flame solder/braze/weld. In 2023, Coated rods/cored wire for flame solder/braze/weld were the world's 2807th most traded product, with a total trade of $521M. Between 2022 and 2023 the exports of Coated rods/cored wire for flame solder/braze/weld grew by 0.5%, from $518M to $521M. Trade in Coated rods/cored wire for flame solder/braze/weld represent 0.0023% of total world trade.

Coated rods/cored wire for flame solder/braze/weld are a part of Coated Metal Soldering Products.

Exports In 2023 the top exporters of Coated rods/cored wire for flame solder/braze/weld  were China ($222M), United States ($45.2M), Germany ($34.6M), Japan ($26.6M), and France ($24.1M).

Imports In 2023 the top importers of Coated rods/cored wire for flame solder/braze/weld were Vietnam ($71.5M), Thailand ($30.8M), United States ($29.2M), China ($28.9M), and India ($25M).

Ranking Coated rods/cored wire for flame solder/braze/weld ranks 702nd in the Product Complexity Index (PCI).

Description Coated rods are generally used in brazing operations because they are less expensive than welding rods. Cored wire is used in flame solder operations because the wire will produce a higher temperature and a more uniform heat distribution than rods.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Coated rods/cored wire for flame solder/braze/weld. 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$222M
Top Destination (2023)Vietnam$71.5M

In 2023 Coated rods/cored wire for flame solder/braze/weld were the world's 2807th most traded product (out of 4,644).

In 2023, the top exporters of Coated rods/cored wire for flame solder/braze/weld were China ($222M), United States ($45.2M), Germany ($34.6M), Japan ($26.6M), and France ($24.1M).

In 2023, the top importers of Coated rods/cored wire for flame solder/braze/weld were Vietnam ($71.5M), Thailand ($30.8M), United States ($29.2M), China ($28.9M), and India ($25M).

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Exporters of Coated rods/cored wire for flame solder/braze/weld (2023)
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Importers of Coated rods/cored wire for flame solder/braze/weld (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$49.6M
Top Destination Growth (2022 -  2023)Vietnam$23.8M

Between 2022 and 2023, the exports of Coated rods/cored wire for flame solder/braze/weld grew the fastest in China ($49.6M), Portugal ($3.99M), Slovakia ($1.82M), Switzerland ($1.76M), and Canada ($1.34M).

Between 2022 and 2023, the fastest growing importers of Coated rods/cored wire for flame solder/braze/weld were Vietnam ($23.8M), India ($8.49M), Netherlands ($6.17M), Hong Kong ($3.88M), and Thailand ($3.61M).

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Exporters of Coated rods/cored wire for flame solder/braze/weld (2022 - 2023)

Importers of Coated rods/cored wire for flame solder/braze/weld (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Coated rods/cored wire for flame solder/braze/weld.

In 2023, market concentration measured using Shannon Entropy, was 3.51. This means that most of the exports of Coated rods/cored wire for flame solder/braze/weld are explained by 11 countries.

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Value of Exports in Coated rods/cored wire for flame solder/braze/weld

Net Trade

TOP NET EXPORTER (2023)China$193M
TOP NET IMPORTER (2023)Vietnam$70.5M

This map shows which countries export or import more of Coated rods/cored wire for flame solder/braze/weld. Each country is colored based on the difference in exports and imports of Coated rods/cored wire for flame solder/braze/weld during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Coated rods/cored wire for flame solder/braze/weld were China ($193M), Germany ($25.7M), Japan ($25.3M), France ($17.4M), and South Korea ($16.5M).

In 2023, the countries that had a largest trade value in imports than in exports of Coated rods/cored wire for flame solder/braze/weld were Vietnam ($70.5M), Thailand ($25.7M), Mexico ($18M), Indonesia ($17.9M), and Singapore ($17.2M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Coated rods/cored wire for flame solder/braze/weld.
It is possible to select the main countries that export or import Coated rods/cored wire for flame solder/braze/weld in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Coated rods/cored wire for flame solder/braze/weld by percentage of total exports

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)

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