2022
Exports
$793kWorld Rnk 48 / 166
Flag Rnk 716 / 1200
2022
PRODUCT COMPLEXITY IN Soldering and Welding Machinery
1.33Rnk 87 / 1025
2022
Imports
$3.32MWorld Rnk 57 / 214
Flag Rnk 704 / 1204
2022
ECONOMIC COMPLEXITY of Croatia
0.8Rnk 34 / 133

About

Exports In 2022, Croatia exported $793k in Soldering and Welding Machinery, making it the 48th largest exporter of Soldering and Welding Machinery in the world. At the same year, Soldering and Welding Machinery was the 716th most exported product in Croatia. The main destination of Soldering and Welding Machinery exports from Croatia are: Israel ($398k), Serbia ($85.4k), Slovenia ($78.5k), Bosnia and Herzegovina ($71.1k), and United States ($55.3k).

The fastest growing export markets for Soldering and Welding Machinery of Croatia between 2021 and 2022 were Israel ($398k), United States ($41.5k), and Switzerland ($29.1k).

Imports In 2022, Croatia imported $3.32M in Soldering and Welding Machinery, becoming the 57th largest importer of Soldering and Welding Machinery in the world. At the same year, Soldering and Welding Machinery was the 704th most imported product in Croatia. Croatia imports Soldering and Welding Machinery primarily from: Germany ($1.36M), Austria ($582k), Slovenia ($318k), China ($248k), and Italy ($230k).

The fastest growing import markets in Soldering and Welding Machinery for Croatia between 2021 and 2022 were Germany ($1.01M), Austria ($192k), and China ($135k).

Latest Trends

Aug 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 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 (2022)$793k
IMPORTS (2022)$3.32M
NET TRADE (2022)-$2.53M

In 2022, Croatia exported $793k in Soldering and Welding Machinery. The main destinations of Croatia exports on Soldering and Welding Machinery were Israel ($398k), Serbia ($85.4k), Slovenia ($78.5k), Bosnia and Herzegovina ($71.1k), and United States ($55.3k).

In 2022, Croatia imported $3.32M in Soldering and Welding Machinery, mainly from Germany ($1.36M), Austria ($582k), Slovenia ($318k), China ($248k), and Italy ($230k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soldering and Welding Machinery EXPORT MARKETS FOR Croatia WERE (2021 - 2022):
Israel$398k (1%)
United States$41.5k (299%)
Switzerland$29.1k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soldering and Welding Machinery BY Croatia WERE (2021 - 2022):
Bosnia and Herzegovina-$85.9k (-54.7%)
United Kingdom-$56.3k (-96%)
Austria-$48.2k (-97.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Croatia's main exporting competitors in Soldering and Welding Machinery were:
In 2022, Croatia'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
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TOP EXPORT POTENTIALUnited States+ $68.8k
TOP IMPORT POTENTIALChina+ $177k

Soldering and Welding Machinery’s highest export potential is United States. With an export gap of $68.8k.   Soldering and Welding Machinery’s highest import potential is China with an import gap of $177k.

See methodology.

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