2022
Exports
$2.65BWorld Rnk 1 / 201
Flag Rnk 252 / 1216
2022
PRODUCT COMPLEXITY IN Electric Soldering Equipment
1.96Rnk 7 / 1025
2022
Imports
$965MWorld Rnk 2 / 220
Flag Rnk 230 / 1212
2022
ECONOMIC COMPLEXITY of China
1.12Rnk 22 / 133

About

Exports In 2022, China exported $2.65B in Electric Soldering Equipment, making it the 1st largest exporter of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 252nd most exported product in China. The main destination of Electric Soldering Equipment exports from China are: United States ($250M), Russia ($200M), India ($150M), Vietnam ($149M), and Germany ($138M).

The fastest growing export markets for Electric Soldering Equipment of China between 2021 and 2022 were Vietnam ($25.6M), Germany ($17.5M), and Turkey ($14.5M).

Imports In 2022, China imported $965M in Electric Soldering Equipment, becoming the 2nd largest importer of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 230th most imported product in China. China imports Electric Soldering Equipment primarily from: Germany ($329M), Japan ($132M), South Korea ($129M), Hong Kong ($59.3M), and United States ($58.8M).

The fastest growing import markets in Electric Soldering Equipment for China between 2021 and 2022 were France ($12.2M), Italy ($9.02M), and United States ($8.05M).

COMPANIES In 2023, leading companies such as CrimsonLogic (71), Motorola (51), and Groupe SEB (50) were at the forefront of shipping Electric Soldering Equipment from China to the United States.

Latest Trends

Sep 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

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

The following visualization shows the latest trends on Electric Soldering Equipment. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.65B
IMPORTS (2022)$965M
NET TRADE (2022)$1.68B

In 2022, China exported $2.65B in Electric Soldering Equipment. The main destinations of China exports on Electric Soldering Equipment were United States ($250M), Russia ($200M), India ($150M), Vietnam ($149M), and Germany ($138M).

In 2022, China imported $965M in Electric Soldering Equipment, mainly from Germany ($329M), Japan ($132M), South Korea ($129M), Hong Kong ($59.3M), and United States ($58.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Soldering Equipment EXPORT MARKETS FOR China WERE (2021 - 2022):
Vietnam$25.6M (20.8%)
Germany$17.5M (14.5%)
Turkey$14.5M (61.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Soldering Equipment BY China WERE (2021 - 2022):
Hong Kong-$33.2M (-68.3%)
South Africa-$30.3M (-54.4%)
Chile-$21.7M (-44.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, China's main exporting competitors in Electric Soldering Equipment were:
In 2022, China's main importing competitors in Electric Soldering Equipment were:

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Trade Value of Electric Soldering Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $79.9M
TOP IMPORT POTENTIALJapan+ $38M

Electric Soldering Equipment’s highest export potential is India. With an export gap of $79.9M.   Electric Soldering Equipment’s highest import potential is Japan with an import gap of $38M.

See methodology.

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