2018
Exports
$16.8MWorld Rnk 41 / 197
Flag Rnk 433 / 1200
2023
PRODUCT COMPLEXITY IN Electric Soldering Equipment
1.73Rnk 19 / 1025
2018
Imports
$366MWorld Rnk 7 / 224
Flag Rnk 135 / 1186
2023
ECONOMIC COMPLEXITY of Russia
0.3Rnk 50 / 132

About

Exports In 2018, Russia exported $16.8M in Electric Soldering Equipment, making it the 41st largest exporter of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 433rd most exported product in Russia. The main destination of Electric Soldering Equipment exports from Russia are: Kazakhstan ($5.93M), Egypt ($4.76M), Germany ($1.87M), Armenia ($1.03M), and Turkey ($903k).

The fastest growing export markets for Electric Soldering Equipment of Russia between 2022 and 2023 were Egypt ($4.71M), Turkey ($864k), and Armenia ($827k).

Imports In 2023, Russia imported $366M in Electric Soldering Equipment, becoming the 7th largest importer of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 135th most imported product in Russia. Russia imports Electric Soldering Equipment primarily from: China ($292M), Italy ($16.1M), Turkey ($15M), Germany ($11.7M), and Kazakhstan ($9.37M).

The fastest growing import markets in Electric Soldering Equipment for Russia between 2022 and 2023 were China ($91.3M), Kazakhstan ($4.17M), and Serbia ($3.89M).

Latest Trends

Jan 2025

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)$16.8M
IMPORTS (2023)$366M
NET TRADE (2023)-$350M

In 2023, Russia exported $16.8M in Electric Soldering Equipment. The main destinations of Russia exports on Electric Soldering Equipment were Kazakhstan ($5.93M), Egypt ($4.76M), Germany ($1.87M), Armenia ($1.03M), and Turkey ($903k).

In 2023, Russia imported $366M in Electric Soldering Equipment, mainly from China ($292M), Italy ($16.1M), Turkey ($15M), Germany ($11.7M), and Kazakhstan ($9.37M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electric Soldering Equipment EXPORT MARKETS FOR Russia WERE (2022 - 2023):
Egypt$4.71M (10.7k%)
Turkey$864k (2.18k%)
Armenia$827k (402%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Soldering Equipment BY Russia WERE (2022 - 2023):
Kazakhstan-$906k (-13.2%)
Lithuania-$623k (-99.9%)
United States-$422k (-99.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Russia's main exporting competitors in Electric Soldering Equipment were:
In 2023, Russia'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 POTENTIALGermany+ $1.13M
TOP IMPORT POTENTIALChina+ $34.9M

Electric Soldering Equipment’s highest export potential is Germany. With an export gap of $1.13M.   Electric Soldering Equipment’s highest import potential is China with an import gap of $34.9M.

See methodology.

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