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851521 (Harmonized System 1992 for 6-digit)

2022
World Trade $1.53BRnk 1749 / 4648
2022
Top Exporter | Top Importer $288M | $324MGermany | United States
2022
Product Complexity 1.49Rnk 200 / 4653
2021 - 2022
Export Growth (CAGR) -3.03%Rnk 3381 / 4648
2022
Share of World Trade 0.0065%Rnk 1749 / 4648

About

Overview This page contains the latest trade data of Electric resistance welding equipment, automatic. In 2022, Electric resistance welding equipment, automatic were the world's 1749th most traded product, with a total trade of $1.53B. Between 2021 and 2022 the exports of Electric resistance welding equipment, automatic decreased by -3.03%, from $1.58B to $1.53B. Trade in Electric resistance welding equipment, automatic represent 0.0065% of total world trade.

Electric resistance welding equipment, automatic are a part of Electric Soldering Equipment.

Exports In 2022 the top exporters of Electric resistance welding equipment, automatic  were Germany ($288M), China ($169M), Sweden ($161M), Japan ($145M), and Italy ($127M).

Imports In 2022 the top importers of Electric resistance welding equipment, automatic were United States ($324M), Germany ($98.6M), China ($98.5M), Mexico ($77.2M), and Italy ($67.7M).

Ranking Electric resistance welding equipment, automatic ranks 200th in the Product Complexity Index (PCI).

Description Electric resistance welding equipment is a type of heat-emitting device used to weld materials that are electrically conductive. This equipment is used to weld materials that are in contact with each other, and also materials that are not in contact with each other. This equipment is commonly used in the manufacturing of automobiles, aircraft, and spacecraft.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Electric resistance welding equipment, automatic. 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)Germany$288M
Top Destination (2022)United States$324M

In 2022 Electric resistance welding equipment, automatic were the world's 1749th most traded product (out of 4,648).

In 2022, the top exporters of Electric resistance welding equipment, automatic were Germany ($288M), China ($169M), Sweden ($161M), Japan ($145M), and Italy ($127M).

In 2022, the top importers of Electric resistance welding equipment, automatic were United States ($324M), Germany ($98.6M), China ($98.5M), Mexico ($77.2M), and Italy ($67.7M).

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Exporters of Electric resistance welding equipment, automatic (2022)
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Importers of Electric resistance welding equipment, automatic (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Germany$62.1M
Top Destination Growth (2021 -  2022)Hungary$56.8M

Between 2021 and 2022, the exports of Electric resistance welding equipment, automatic grew the fastest in Germany ($62.1M), Italy ($38M), South Korea ($22.2M), Brazil ($15.4M), and China ($11.7M).

Between 2021 and 2022, the fastest growing importers of Electric resistance welding equipment, automatic were Hungary ($56.8M), Argentina ($41.5M), China ($12.4M), Turkey ($11.1M), and Serbia ($9.78M).

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Exporters of Electric resistance welding equipment, automatic (2021 - 2022)

Importers of Electric resistance welding equipment, automatic (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Electric resistance welding equipment, automatic.

In 2022, market concentration measured using Shannon Entropy, was 4. This means that most of the exports of Electric resistance welding equipment, automatic are explained by 15 countries.

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Value of Exports in Electric resistance welding equipment, automatic

Net Trade

TOP NET EXPORTER (2022)Germany$189M
TOP NET IMPORTER (2022)United States$238M

This map shows which countries export or import more of Electric resistance welding equipment, automatic. Each country is colored based on the difference in exports and imports of Electric resistance welding equipment, automatic during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Electric resistance welding equipment, automatic were Germany ($189M), Sweden ($152M), Japan ($136M), China ($70.3M), and South Korea ($62.4M).

In 2022, the countries that had a largest trade value in imports than in exports of Electric resistance welding equipment, automatic were United States ($238M), Mexico ($74.9M), Hungary ($62.2M), Argentina ($44.8M), and Poland ($44.3M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Electric resistance welding equipment, automatic.
It is possible to select the main countries that export or import Electric resistance welding equipment, automatic in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Electric resistance welding equipment, automatic 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 (2022)

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