2023
Exports
$4.75MWorld Rnk 55 / 197
Flag Rnk 498 / 1207
2023
PRODUCT COMPLEXITY IN Electric Soldering Equipment
1.73Rnk 19 / 1025
2023
Imports
$41.4MWorld Rnk 48 / 224
Flag Rnk 352 / 1213
2023
ECONOMIC COMPLEXITY of Ireland
1.31Rnk 17 / 132

About

Exports In 2023, Ireland exported $4.75M in Electric Soldering Equipment, making it the 55th largest exporter of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 498th most exported product in Ireland. The main destination of Electric Soldering Equipment exports from Ireland are: United States ($1.09M), United Kingdom ($953k), Netherlands ($507k), Slovakia ($305k), and Germany ($260k).

The fastest growing export markets for Electric Soldering Equipment of Ireland between 2022 and 2023 were United States ($512k), Slovakia ($262k), and Costa Rica ($107k).

Imports In 2023, Ireland imported $41.4M in Electric Soldering Equipment, becoming the 48th largest importer of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 352nd most imported product in Ireland. Ireland imports Electric Soldering Equipment primarily from: Switzerland ($9.8M), United Kingdom ($7.7M), Germany ($6.93M), United States ($3.77M), and China ($3.63M).

The fastest growing import markets in Electric Soldering Equipment for Ireland between 2022 and 2023 were Switzerland ($3.23M), United Kingdom ($1.19M), and Slovakia ($315k).

Latest Trends

Dec 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 (2023)$4.75M
IMPORTS (2023)$41.4M
NET TRADE (2023)-$36.7M

In 2023, Ireland exported $4.75M in Electric Soldering Equipment. The main destinations of Ireland exports on Electric Soldering Equipment were United States ($1.09M), United Kingdom ($953k), Netherlands ($507k), Slovakia ($305k), and Germany ($260k).

In 2023, Ireland imported $41.4M in Electric Soldering Equipment, mainly from Switzerland ($9.8M), United Kingdom ($7.7M), Germany ($6.93M), United States ($3.77M), and China ($3.63M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electric Soldering Equipment EXPORT MARKETS FOR Ireland WERE (2022 - 2023):
United States$512k (88.6%)
Slovakia$262k (611%)
Costa Rica$107k (38.2k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Soldering Equipment BY Ireland WERE (2022 - 2023):
Germany-$1.16M (-81.7%)
Netherlands-$454k (-47.2%)
Turkey-$298k (-69.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Ireland's main exporting competitors in Electric Soldering Equipment were:
In 2023, Ireland'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
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TOP EXPORT POTENTIALUnited States+ $846k
TOP IMPORT POTENTIALGermany+ $3.18M

Electric Soldering Equipment’s highest export potential is United States. With an export gap of $846k.   Electric Soldering Equipment’s highest import potential is Germany with an import gap of $3.18M.

See methodology.

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