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Pricing

Machinery and apparatus for soldering, brazing, welding, whether or not capable of cutting, other than those of heading no. 8515; gas-operated surface tempering machines and appliances

8468 (Harmonized System 1992 for 4-digit)

2023
World Trade $1.14BRnk 904 / 1217
2023
Top Exporter | Top Importer $329M | $144MChina | United States
2023
Product Complexity 1.21Rnk 103 / 1044
2022 - 2023
Export Growth (CAGR) 8.9%Rnk 178 / 1217
2023
Share of World Trade 0.005%Rnk 904 / 1217

About

Overview This page contains the latest trade data of Soldering and Welding Machinery. In 2023, Soldering and Welding Machinery were the world's 904th most traded product, with a total trade of $1.14B. Between 2022 and 2023 the exports of Soldering and Welding Machinery grew by 8.9%, from $1.05B to $1.14B. Trade in Soldering and Welding Machinery represent 0.005% of total world trade.

Soldering and Welding Machinery are a part of Machinery, mechanical appliances, & parts. They include Welding machinery parts, Welding machinery not gas-operated, Gas-operated machinery for welding nes, and Torches, hand-held, for soldering/brazing/welding.

Exports In 2023 the top exporters of Soldering and Welding Machinery  were China ($329M), Germany ($125M), United States ($78M), Austria ($67.9M), and Italy ($48.4M).

Imports In 2023 the top importers of Soldering and Welding Machinery were United States ($144M), Germany ($57.1M), Mexico ($41.3M), Italy ($39M), and Russia ($38.3M).

Ranking Soldering and Welding Machinery ranks 103rd in the Product Complexity Index (PCI).

Description Gas-operated surface tempering machines are used to smooth the surface of metal, and can be used for things like soldering, brazing, or welding.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Soldering and Welding Machinery. 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$329M
Top Destination (2023)United States$144M

In 2023 Soldering and Welding Machinery were the world's 904th most traded product (out of 1,217).

In 2023, the top exporters of Soldering and Welding Machinery were China ($329M), Germany ($125M), United States ($78M), Austria ($67.9M), and Italy ($48.4M).

In 2023, the top importers of Soldering and Welding Machinery were United States ($144M), Germany ($57.1M), Mexico ($41.3M), Italy ($39M), and Russia ($38.3M).

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Exporters of Soldering and Welding Machinery (2023)
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Importers of Soldering and Welding Machinery (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$48.1M
Top Destination Growth (2022 -  2023)Belgium$18.3M

Between 2022 and 2023, the exports of Soldering and Welding Machinery grew the fastest in China ($48.1M), Germany ($19.1M), Djibouti ($16.7M), Sweden ($13.4M), and Czechia ($11.5M).

Between 2022 and 2023, the fastest growing importers of Soldering and Welding Machinery were Belgium ($18.3M), Ethiopia ($16.5M), South Korea ($14.6M), Slovakia ($12.8M), and Italy ($11.4M).

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Exporters of Soldering and Welding Machinery (2022 - 2023)

Importers of Soldering and Welding Machinery (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Soldering and Welding Machinery.

In 2023, market concentration measured using Shannon Entropy, was 4.14. This means that most of the exports of Soldering and Welding Machinery are explained by 17 countries.

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Value of Exports in Soldering and Welding Machinery

Net Trade

TOP NET EXPORTER (2023)China$293M
TOP NET IMPORTER (2023)United States$65.7M

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

In 2023, the countries that had a largest trade value in exports than in imports of Soldering and Welding Machinery were China ($293M), Germany ($68.3M), Austria ($48.8M), Japan ($30M), and Chinese Taipei ($28.2M).

In 2023, the countries that had a largest trade value in imports than in exports of Soldering and Welding Machinery were United States ($65.7M), Russia ($36.9M), Belgium ($32M), United Arab Emirates ($28.7M), and Vietnam ($23.4M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Soldering and Welding Machinery, disaggragated by their HS6 level were Welding machinery parts ($455M), Welding machinery not gas-operated ($355M), Torches, hand-held, for soldering/brazing/welding ($173M), and Gas-operated machinery for welding nes ($158M)

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

Top 10 Exporters Countries of Soldering and Welding Machinery by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $1.36M
TOP IMPORT POTENTIALChina+ $883k

Soldering and Welding Machinery’s highest export potential is United States. With an export gap of $1.36M.  Soldering and Welding Machinery’s highest import potential is China with an import gap of $883k.

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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 Soldering and Welding Machinery.

Country by Relatedness

The following visualization shows the relatedness of Soldering and Welding Machinery 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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