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846890 (Harmonized System 1992 for 6-digit)

2022
World Trade $451MRnk 3029 / 4648
2022
Top Exporter | Top Importer $128M | $64MChina | United States
2022
Product Complexity 0.96Rnk 840 / 4653
2021 - 2022
Export Growth (CAGR) 2.43%Rnk 2605 / 4648
2022
Share of World Trade 0.0019%Rnk 3029 / 4648

About

Overview This page contains the latest trade data of Welding machinery parts. In 2022, Welding machinery parts were the world's 3029th most traded product, with a total trade of $451M. Between 2021 and 2022 the exports of Welding machinery parts grew by 2.43%, from $440M to $451M. Trade in Welding machinery parts represent 0.0019% of total world trade.

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

Exports In 2022 the top exporters of Welding machinery parts  were China ($128M), Austria ($40.3M), Germany ($36.2M), United States ($34.7M), and Czechia ($20.9M).

Imports In 2022 the top importers of Welding machinery parts were United States ($64M), Germany ($34.7M), Mexico ($18.7M), Vietnam ($17.6M), and China ($16.9M).

Ranking Welding machinery parts ranks 840th 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

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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.

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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 (2022)China$128M
Top Destination (2022)United States$64M

In 2022 Welding machinery parts were the world's 3029th most traded product (out of 4,648).

In 2022, the top exporters of Welding machinery parts were China ($128M), Austria ($40.3M), Germany ($36.2M), United States ($34.7M), and Czechia ($20.9M).

In 2022, the top importers of Welding machinery parts were United States ($64M), Germany ($34.7M), Mexico ($18.7M), Vietnam ($17.6M), and China ($16.9M).

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Exporters of Welding machinery parts (2022)
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Importers of Welding machinery parts (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$11.4M
Top Destination Growth (2021 -  2022)United States$14.1M

Between 2021 and 2022, the exports of Welding machinery parts grew the fastest in China ($11.4M), Canada ($8.99M), South Korea ($4.46M), Austria ($2.71M), and Australia ($2.26M).

Between 2021 and 2022, the fastest growing importers of Welding machinery parts were United States ($14.1M), Vietnam ($11M), Mexico ($3.53M), United Arab Emirates ($2.49M), and Italy ($2.19M).

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Exporters of Welding machinery parts (2021 - 2022)

Importers of Welding machinery parts (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 4.1. This means that most of the exports of Welding machinery parts are explained by 17 countries.

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Value of Exports in Welding machinery parts

Net Trade

TOP NET EXPORTER (2022)China$111M
TOP NET IMPORTER (2022)United States$29.3M

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Welding machinery parts were China ($111M), Austria ($29.1M), Czechia ($13.8M), South Korea ($12.5M), and United Kingdom ($8.25M).

In 2022, the countries that had a largest trade value in imports than in exports of Welding machinery parts were United States ($29.3M), Vietnam ($17.5M), United Arab Emirates ($10.3M), Indonesia ($9.08M), and Malaysia ($8.63M).

Net Trade (2022)

Country Comparison

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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 (2022)

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