NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

846890 (Harmonized System 1992 for 6-digit)

2023
World Trade $455MRnk 2950 / 4644
2023
Top Exporter | Top Importer $119M | $43.9MChina | United States
2023
Product Complexity 1.56Rnk 132 / 4656
2022 - 2023
Export Growth (CAGR) 6.06%Rnk 947 / 4644
2023
Share of World Trade 0.002%Rnk 2950 / 4644

About

Overview This page contains the latest trade data of Welding machinery parts. In 2023, Welding machinery parts were the world's 2950th most traded product, with a total trade of $455M. Between 2022 and 2023 the exports of Welding machinery parts grew by 6.06%, from $429M to $455M. Trade in Welding machinery parts represent 0.002% of total world trade.

Welding machinery parts are a part of Soldering and Welding Machinery.

Exports In 2023 the top exporters of Welding machinery parts  were China ($119M), Germany ($49.6M), Austria ($42.1M), United States ($41M), and Czechia ($31.8M).

Imports In 2023 the top importers of Welding machinery parts were United States ($43.9M), Germany ($35.5M), Italy ($27.6M), United Arab Emirates ($21.1M), and Mexico ($15.2M).

Ranking Welding machinery parts ranks 132nd in the Product Complexity Index (PCI).

Description The common uses of welding machinery parts are to provide the welding equipment with the ability to fuse two pieces of metal together in an instant. This welding equipment is used to join metal parts together in the manufacturing industry, for automobiles, and for military purposes.

Latest Trends

Latest Data

View
Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Welding machinery parts. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

Explore Latest Trends

* 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Exporters and Importers

Top Origin (2023)China$119M
Top Destination (2023)United States$43.9M

In 2023 Welding machinery parts were the world's 2950th most traded product (out of 4,644).

In 2023, the top exporters of Welding machinery parts were China ($119M), Germany ($49.6M), Austria ($42.1M), United States ($41M), and Czechia ($31.8M).

In 2023, the top importers of Welding machinery parts were United States ($43.9M), Germany ($35.5M), Italy ($27.6M), United Arab Emirates ($21.1M), and Mexico ($15.2M).

Explore Visualizations

Exporters of Welding machinery parts (2023)
[Click to Select a Country]

Importers of Welding machinery parts (2023)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$18.9M
Top Destination Growth (2022 -  2023)Italy$12.9M

Between 2022 and 2023, the exports of Welding machinery parts grew the fastest in China ($18.9M), Germany ($12.2M), Czechia ($10.5M), Austria ($4.33M), and Slovakia ($2.39M).

Between 2022 and 2023, the fastest growing importers of Welding machinery parts were Italy ($12.9M), United Arab Emirates ($7.48M), Germany ($5.97M), Turkey ($4.05M), and South Korea ($3.93M).

Explore Visualizations

Exporters of Welding machinery parts (2022 - 2023)

Importers of Welding machinery parts (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Welding machinery parts.

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

Explore Visualizations

Value of Exports in Welding machinery parts

Net Trade

TOP NET EXPORTER (2023)China$107M
TOP NET IMPORTER (2023)United Arab Emirates$17.3M

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

In 2023, the countries that had a largest trade value in exports than in imports of Welding machinery parts were China ($107M), Austria ($28.5M), Czechia ($24.8M), Germany ($14.1M), and Chinese Taipei ($7.83M).

In 2023, the countries that had a largest trade value in imports than in exports of Welding machinery parts were United Arab Emirates ($17.3M), Dominican Republic ($14.9M), Italy ($13M), Russia ($9.8M), and Canada ($9.39M).

Net Trade (2023)

Country Comparison

Flow
Measure
Ranking

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

Top 10 Exporters Countries of Welding machinery parts 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)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms