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2022
Exports $9.91MWorld Rnk 17 / 166
Flag Rnk 919 / 1214
2022
Destination $2.88M China
2021 - 2022
FASTEST GROWING MARKET $2.88MChina
2022
PRODUCT COMPLEXITY IN Soldering and Welding Machinery1.33Rnk 87 / 1025
2022
Imports $13.5MWorld Rnk 25 / 214
Flag Rnk 935 / 1214
2022
Origin $765k China
2021 - 2022
FASTEST GROWING ORIGIN $765kFrance
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $9.91M in Soldering and Welding Machinery, making it the 17th largest exporter of Soldering and Welding Machinery in the world. At the same year, Soldering and Welding Machinery was the 919th most exported product in Spain. The main destination of Soldering and Welding Machinery exports from Spain are: China ($2.96M), Germany ($2.07M), Portugal ($520k), Austria ($430k), and Cuba ($339k).

The fastest growing export markets for Soldering and Welding Machinery of Spain between 2021 and 2022 were China ($2.88M), Germany ($751k), and Austria ($264k).

Imports In 2022, Spain imported $13.5M in Soldering and Welding Machinery, becoming the 25th largest importer of Soldering and Welding Machinery in the world. At the same year, Soldering and Welding Machinery was the 935th most imported product in Spain. Spain imports Soldering and Welding Machinery primarily from: China ($3.42M), Austria ($1.71M), Germany ($1.67M), France ($1.63M), and Italy ($1.53M).

The fastest growing import markets in Soldering and Welding Machinery for Spain between 2021 and 2022 were France ($765k), Mexico ($187k), and United Kingdom ($156k).

Latest Trends

October 2024

About

Overview In October 2024 Spain's Soldering and Welding Machinery exports accounted up to €370k and imports accounted up to €1.98M, resulting in a negative trade balance of €1.61M. Between October 2023 and October 2024 the exports of Spain's   Soldering and Welding Machinery have increased by €156k (73.3%) from €213k to €370k, while imports increased by €1.24M (166%) from €746k to €1.98M.

Destinations In October 2024, Soldering and Welding Machinery were exported mostly to Morocco (€101k), Cuba (€65k), Portugal (€39.7k), France (€29.9k), and Hungary (€28.1k), and were imported mostly from Italy (€664k), France (€312k), China (€256k), Chinese Taipei (€198k), and Austria (€147k).

Growth In October 2024, the increase in Soldering and Welding Machinery's year-by-year exports was explained primarily by an increase in exports to India (€56.3k or 268%), Portugal (€20.5k or 77.8%), and Germany (€4.18k or 10.9%). In October 2024, the increase in Soldering and Welding Machinery's year-by-year imports was explained primarily by an increase in imports from China (€277k or 212%), United States (€74.2k or 109%), and Czechia (€33.5k or 291%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)€156k(73.3%)
IMPORT GROWTH (October 2023 - October 2024)€1.24M(166%)
MAIN EXPORTER (October 2024)Barcelona€684k
MAIN DESTINATION (October 2024)Morocco€101k

This section shows Soldering and Welding Machinery's exports and imports data at subnational level for Spain. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Soldering and Welding Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$9.91M
IMPORTS (2022)$13.5M
NET TRADE (2022)-$3.57M

In 2022, Spain exported $9.91M in Soldering and Welding Machinery. The main destinations of Spain exports on Soldering and Welding Machinery were China ($2.96M), Germany ($2.07M), Portugal ($520k), Austria ($430k), and Cuba ($339k).

In 2022, Spain imported $13.5M in Soldering and Welding Machinery, mainly from China ($3.42M), Austria ($1.71M), Germany ($1.67M), France ($1.63M), and Italy ($1.53M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soldering and Welding Machinery EXPORT MARKETS FOR Spain WERE (2021 - 2022):
China$2.88M (3.9k%)
Germany$751k (56.9%)
Austria$264k (159%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soldering and Welding Machinery BY Spain WERE (2021 - 2022):
Greece-$4.38M (-99.5%)
Cuba-$415k (-55.1%)
Brazil-$306k (-76.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Soldering and Welding Machinery were:
China $328M
Germany $105M
United States $80.1M
In 2022, Spain's main importing competitors in Soldering and Welding Machinery were:
United States $183M
Germany $58.6M
Mexico $48M

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Trade Value of Soldering and Welding Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
N/A
N/AN/A
N/AN/A

Soldering and Welding Machinery’s highest export potential is N/A. With an export gap of N/A.   Soldering and Welding Machinery’s highest import potential is N/A with an import gap of N/A.

See methodology.

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