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846810 (Harmonized System 1992 for 6-digit)

2023
World Trade $173MRnk 3771 / 4644
2023
Top Exporter | Top Importer $53M | $50.5MChina | United States
2023
Product Complexity 0.82Rnk 1075 / 4656
2022 - 2023
Export Growth (CAGR) -10.1%Rnk 2723 / 4644
2023
Share of World Trade 0.00076%Rnk 3771 / 4644

About

Overview This page contains the latest trade data of Torches, hand-held, for soldering/brazing/welding. In 2023, Torches, hand-held, for soldering/brazing/welding were the world's 3771st most traded product, with a total trade of $173M. Between 2022 and 2023 the exports of Torches, hand-held, for soldering/brazing/welding decreased by -10.1%, from $192M to $173M. Trade in Torches, hand-held, for soldering/brazing/welding represent 0.00076% of total world trade.

Torches, hand-held, for soldering/brazing/welding are a part of Soldering and Welding Machinery.

Exports In 2023 the top exporters of Torches, hand-held, for soldering/brazing/welding  were China ($53M), Mexico ($27.4M), Austria ($18.5M), Chinese Taipei ($13.9M), and Germany ($11.6M).

Imports In 2023 the top importers of Torches, hand-held, for soldering/brazing/welding were United States ($50.5M), Germany ($9.89M), Russia ($8.2M), Mexico ($6.38M), and France ($6.25M).

Ranking Torches, hand-held, for soldering/brazing/welding ranks 1075th in the Product Complexity Index (PCI).

Description Torches are used for soldering, brazing, and welding. Torches are typically handheld and come in many different types. These are used when a larger flame is needed for soldering, brazing, or welding.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Torches, hand-held, for soldering/brazing/welding. 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$53M
Top Destination (2023)United States$50.5M

In 2023 Torches, hand-held, for soldering/brazing/welding were the world's 3771st most traded product (out of 4,644).

In 2023, the top exporters of Torches, hand-held, for soldering/brazing/welding were China ($53M), Mexico ($27.4M), Austria ($18.5M), Chinese Taipei ($13.9M), and Germany ($11.6M).

In 2023, the top importers of Torches, hand-held, for soldering/brazing/welding were United States ($50.5M), Germany ($9.89M), Russia ($8.2M), Mexico ($6.38M), and France ($6.25M).

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Exporters of Torches, hand-held, for soldering/brazing/welding (2023)
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Importers of Torches, hand-held, for soldering/brazing/welding (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Poland$2.63M
Top Destination Growth (2022 -  2023)India$895k

Between 2022 and 2023, the exports of Torches, hand-held, for soldering/brazing/welding grew the fastest in Poland ($2.63M), Spain ($504k), France ($422k), Estonia ($256k), and Czechia ($170k).

Between 2022 and 2023, the fastest growing importers of Torches, hand-held, for soldering/brazing/welding were India ($895k), Kazakhstan ($573k), Malaysia ($461k), Romania ($459k), and Belgium ($304k).

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Exporters of Torches, hand-held, for soldering/brazing/welding (2022 - 2023)

Importers of Torches, hand-held, for soldering/brazing/welding (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Torches, hand-held, for soldering/brazing/welding.

In 2023, market concentration measured using Shannon Entropy, was 3.45. This means that most of the exports of Torches, hand-held, for soldering/brazing/welding are explained by 10 countries.

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Value of Exports in Torches, hand-held, for soldering/brazing/welding

Net Trade

TOP NET EXPORTER (2023)China$50.8M
TOP NET IMPORTER (2023)United States$42.7M

This map shows which countries export or import more of Torches, hand-held, for soldering/brazing/welding. Each country is colored based on the difference in exports and imports of Torches, hand-held, for soldering/brazing/welding during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Torches, hand-held, for soldering/brazing/welding were China ($50.8M), Mexico ($21M), Austria ($16.7M), Chinese Taipei ($13.4M), and Poland ($7.37M).

In 2023, the countries that had a largest trade value in imports than in exports of Torches, hand-held, for soldering/brazing/welding were United States ($42.7M), Russia ($7.85M), Canada ($4.7M), United Kingdom ($4.4M), and Brazil ($3.9M).

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 Torches, hand-held, for soldering/brazing/welding.
It is possible to select the main countries that export or import Torches, hand-held, for soldering/brazing/welding in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Torches, hand-held, for soldering/brazing/welding 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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