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Electric (electrically heated gas) soldering, brazing, welding machines and apparatus, capable or not of cutting, electric machines and apparatus for hot spraying of metals or sintered carbides

8515 (Harmonized System 1992 for 4-digit)

2023
World Trade $12.6BRnk 304 / 1217
2023
Top Exporter | Top Importer $2.67B | $1.89BChina | United States
2023
Product Complexity 1.7Rnk 13 / 1044
2022 - 2023
Export Growth (CAGR) 3.08%Rnk 304 / 1217
2023
Share of World Trade 0.056%Rnk 304 / 1217

About

Overview This page contains the latest trade data of Electric Soldering Equipment. In 2023, Electric Soldering Equipment were the world's 304th most traded product, with a total trade of $12.6B. Between 2022 and 2023 the exports of Electric Soldering Equipment grew by 3.08%, from $12.3B to $12.6B. Trade in Electric Soldering Equipment represent 0.056% of total world trade.

Electric Soldering Equipment are a part of Electrical machinery and electronics. They include Parts of electric solder, weld or braze equipment, Electric, laser and ultrasonic welding equipment nes, Electric resistance welding equipment, automatic, Automatic electric plasma, other arc welding equipmen, Non-automatic electric plasma and other arc welders, Electric brazing, soldering machines and apparatus ne, Electric resistance welding equipment, non-automatic, and Electric soldering irons and guns.

Exports In 2023 the top exporters of Electric Soldering Equipment  were China ($2.67B), Germany ($2.28B), United States ($1.25B), Japan ($1.05B), and Italy ($645M).

Imports In 2023 the top importers of Electric Soldering Equipment were United States ($1.89B), Mexico ($1.02B), China ($803M), Germany ($690M), and Canada ($505M).

Ranking Electric Soldering Equipment ranks 13th in the Product Complexity Index (PCI).

Description Electric machines and apparatus are used to melt or fuse metals, metal carbides, or ceramics. They can also be used to cut materials.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Electric Soldering Equipment. 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$2.67B
Top Destination (2023)United States$1.89B

In 2023 Electric Soldering Equipment were the world's 304th most traded product (out of 1,217).

In 2023, the top exporters of Electric Soldering Equipment were China ($2.67B), Germany ($2.28B), United States ($1.25B), Japan ($1.05B), and Italy ($645M).

In 2023, the top importers of Electric Soldering Equipment were United States ($1.89B), Mexico ($1.02B), China ($803M), Germany ($690M), and Canada ($505M).

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Exporters of Electric Soldering Equipment (2023)
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Importers of Electric Soldering Equipment (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$116M
Top Destination Growth (2022 -  2023)Mexico$375M

Between 2022 and 2023, the exports of Electric Soldering Equipment grew the fastest in United States ($116M), Germany ($100M), Italy ($70.9M), Canada ($64.3M), and Austria ($47.8M).

Between 2022 and 2023, the fastest growing importers of Electric Soldering Equipment were Mexico ($375M), Japan ($81.2M), Turkey ($76.3M), India ($75M), and Hungary ($60.8M).

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Exporters of Electric Soldering Equipment (2022 - 2023)

Importers of Electric Soldering Equipment (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Electric Soldering Equipment.

In 2023, market concentration measured using Shannon Entropy, was 4.06. This means that most of the exports of Electric Soldering Equipment are explained by 16 countries.

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Value of Exports in Electric Soldering Equipment

Net Trade

TOP NET EXPORTER (2023)China$1.87B
TOP NET IMPORTER (2023)Mexico$798M

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

In 2023, the countries that had a largest trade value in exports than in imports of Electric Soldering Equipment were China ($1.87B), Germany ($1.59B), Japan ($757M), Switzerland ($421M), and Italy ($352M).

In 2023, the countries that had a largest trade value in imports than in exports of Electric Soldering Equipment were Mexico ($798M), United States ($636M), Russia ($350M), India ($343M), and United Kingdom ($185M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Electric Soldering Equipment, disaggragated by their HS6 level were Parts of electric solder, weld or... ($3.6B), Electric, laser and ultrasonic welding equipment... ($3.08B), Automatic electric plasma, other arc welding... ($1.83B), Electric resistance welding equipment, automatic ($1.64B), and Non-automatic electric plasma and other arc... ($1.29B)

HS6 Disaggregation for Electric Soldering Equipment (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 Electric Soldering Equipment.
It is possible to select the main countries that export or import Electric Soldering Equipment in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Electric Soldering Equipment by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALFrance+ $38.9M
TOP IMPORT POTENTIALChina+ $28.9M

Electric Soldering Equipment’s highest export potential is France. With an export gap of $38.9M.  Electric Soldering Equipment’s highest import potential is China with an import gap of $28.9M.

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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 Electric Soldering Equipment.

Country by Relatedness

The following visualization shows the relatedness of Electric Soldering Equipment 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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