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851539 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.29BRnk 1830 / 4644
2023
Top Exporter | Top Importer $667M | $142MChina | United States
2023
Product Complexity 0.45Rnk 1762 / 4656
2022 - 2023
Export Growth (CAGR) -3.45%Rnk 1908 / 4644
2023
Share of World Trade 0.0057%Rnk 1830 / 4644

About

Overview This page contains the latest trade data of Non-automatic electric plasma and other arc welders. In 2023, Non-automatic electric plasma and other arc welders were the world's 1830th most traded product, with a total trade of $1.29B. Between 2022 and 2023 the exports of Non-automatic electric plasma and other arc welders decreased by -3.45%, from $1.33B to $1.29B. Trade in Non-automatic electric plasma and other arc welders represent 0.0057% of total world trade.

Non-automatic electric plasma and other arc welders are a part of Electric Soldering Equipment.

Exports In 2023 the top exporters of Non-automatic electric plasma and other arc welders  were China ($667M), United States ($167M), Poland ($68.9M), Italy ($59.6M), and Germany ($53.5M).

Imports In 2023 the top importers of Non-automatic electric plasma and other arc welders were United States ($142M), Russia ($126M), Canada ($68.9M), Mexico ($61.9M), and Indonesia ($55.1M).

Ranking Non-automatic electric plasma and other arc welders ranks 1762nd in the Product Complexity Index (PCI).

Description Arc welders are often used for construction projects because they are portable and are able to weld metal without any pre-heating process. They are also used for welding a variety of materials including aluminum, stainless steel, and copper.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Non-automatic electric plasma and other arc welders. 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$667M
Top Destination (2023)United States$142M

In 2023 Non-automatic electric plasma and other arc welders were the world's 1830th most traded product (out of 4,644).

In 2023, the top exporters of Non-automatic electric plasma and other arc welders were China ($667M), United States ($167M), Poland ($68.9M), Italy ($59.6M), and Germany ($53.5M).

In 2023, the top importers of Non-automatic electric plasma and other arc welders were United States ($142M), Russia ($126M), Canada ($68.9M), Mexico ($61.9M), and Indonesia ($55.1M).

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Exporters of Non-automatic electric plasma and other arc welders (2023)
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Importers of Non-automatic electric plasma and other arc welders (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$14.2M
Top Destination Growth (2022 -  2023)Russia$20.1M

Between 2022 and 2023, the exports of Non-automatic electric plasma and other arc welders grew the fastest in United States ($14.2M), Poland ($13.3M), Italy ($3.43M), Canada ($2.92M), and France ($2.91M).

Between 2022 and 2023, the fastest growing importers of Non-automatic electric plasma and other arc welders were Russia ($20.1M), Indonesia ($15.8M), Saudi Arabia ($12.6M), Australia ($10.1M), and Kazakhstan ($7.68M).

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Exporters of Non-automatic electric plasma and other arc welders (2022 - 2023)

Importers of Non-automatic electric plasma and other arc welders (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Non-automatic electric plasma and other arc welders.

In 2023, market concentration measured using Shannon Entropy, was 2.91. This means that most of the exports of Non-automatic electric plasma and other arc welders are explained by 7 countries.

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Value of Exports in Non-automatic electric plasma and other arc welders

Net Trade

TOP NET EXPORTER (2023)China$655M
TOP NET IMPORTER (2023)Russia$123M

This map shows which countries export or import more of Non-automatic electric plasma and other arc welders. Each country is colored based on the difference in exports and imports of Non-automatic electric plasma and other arc welders during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Non-automatic electric plasma and other arc welders were China ($655M), Poland ($48.3M), Italy ($40.8M), Japan ($32.4M), and United States ($24.9M).

In 2023, the countries that had a largest trade value in imports than in exports of Non-automatic electric plasma and other arc welders were Russia ($123M), Indonesia ($54.2M), Canada ($46.3M), India ($45.7M), and Brazil ($39.7M).

Net Trade (2023)

Country Comparison

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This visualization shows the countries that have an important ratio of their trade related to Non-automatic electric plasma and other arc welders.
It is possible to select the main countries that export or import Non-automatic electric plasma and other arc welders in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Non-automatic electric plasma and other arc welders 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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