2023
Exports
$125MWorld Rnk 2 / 161
Flag Rnk 701 / 1215
2023
PRODUCT COMPLEXITY IN Soldering and Welding Machinery
1.42Rnk 59 / 1025
2023
Imports
$57.1MWorld Rnk 2 / 218
Flag Rnk 851 / 1215
2023
ECONOMIC COMPLEXITY of Germany
1.79Rnk 5 / 132

About

Exports In 2023, Germany exported $125M in Soldering and Welding Machinery, making it the 2nd largest exporter of Soldering and Welding Machinery in the world. At the same year, Soldering and Welding Machinery was the 701st most exported product in Germany. The main destination of Soldering and Welding Machinery exports from Germany are: Belgium ($12.6M), South Korea ($12.5M), United States ($12M), Austria ($10.3M), and Turkey ($8.82M).

The fastest growing export markets for Soldering and Welding Machinery of Germany between 2022 and 2023 were South Korea ($11.5M), Turkey ($6.56M), and Belgium ($4.42M).

Imports In 2023, Germany imported $57.1M in Soldering and Welding Machinery, becoming the 2nd largest importer of Soldering and Welding Machinery in the world. At the same year, Soldering and Welding Machinery was the 851st most imported product in Germany. Germany imports Soldering and Welding Machinery primarily from: China ($11.4M), Austria ($9.42M), Czechia ($8.08M), Italy ($6.85M), and Estonia ($3.99M).

The fastest growing import markets in Soldering and Welding Machinery for Germany between 2022 and 2023 were China ($3.22M), Czechia ($1.63M), and Netherlands ($1.21M).

COMPANIES In 2024, leading companies such as Hilti Power Tools (13) were at the forefront of shipping Soldering and Welding Machinery from Germany to the United States.

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 Soldering and Welding Machinery. 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)$125M
IMPORTS (2023)$57.1M
NET TRADE (2023)$68.3M

In 2023, Germany exported $125M in Soldering and Welding Machinery. The main destinations of Germany exports on Soldering and Welding Machinery were Belgium ($12.6M), South Korea ($12.5M), United States ($12M), Austria ($10.3M), and Turkey ($8.82M).

In 2023, Germany imported $57.1M in Soldering and Welding Machinery, mainly from China ($11.4M), Austria ($9.42M), Czechia ($8.08M), Italy ($6.85M), and Estonia ($3.99M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Soldering and Welding Machinery EXPORT MARKETS FOR Germany WERE (2022 - 2023):
South Korea$11.5M (1.13k%)
Turkey$6.56M (290%)
Belgium$4.42M (53.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soldering and Welding Machinery BY Germany WERE (2022 - 2023):
Thailand-$2.12M (-97%)
Romania-$2.01M (-39.5%)
United States-$1.91M (-13.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Germany's main exporting competitors in Soldering and Welding Machinery were:
In 2023, Germany's main importing competitors in Soldering and Welding Machinery were:

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Trade Value of Soldering and Welding Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $2.06M
TOP IMPORT POTENTIALChina+ $2.39M

Soldering and Welding Machinery’s highest export potential is France. With an export gap of $2.06M.   Soldering and Welding Machinery’s highest import potential is China with an import gap of $2.39M.

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