2023
Exports
$5.37MWorld Rnk 26 / 161
Flag Rnk 475 / 1207
2023
PRODUCT COMPLEXITY IN Soldering and Welding Machinery
1.42Rnk 59 / 1025
2023
Imports
$4.76MWorld Rnk 48 / 218
Flag Rnk 748 / 1213
2023
ECONOMIC COMPLEXITY of Ireland
1.31Rnk 17 / 132

About

Exports In 2023, Ireland exported $5.37M in Soldering and Welding Machinery, making it the 26th largest exporter of Soldering and Welding Machinery in the world. At the same year, Soldering and Welding Machinery was the 475th most exported product in Ireland. The main destination of Soldering and Welding Machinery exports from Ireland are: United Kingdom ($1.78M), United States ($1.67M), Australia ($526k), Germany ($409k), and Belgium ($337k).

The fastest growing export markets for Soldering and Welding Machinery of Ireland between 2022 and 2023 were United Kingdom ($1.56M), Belgium ($261k), and Germany ($37k).

Imports In 2023, Ireland imported $4.76M in Soldering and Welding Machinery, becoming the 48th largest importer of Soldering and Welding Machinery in the world. At the same year, Soldering and Welding Machinery was the 748th most imported product in Ireland. Ireland imports Soldering and Welding Machinery primarily from: United Kingdom ($1.52M), Italy ($1.02M), Netherlands ($670k), China ($410k), and Germany ($314k).

The fastest growing import markets in Soldering and Welding Machinery for Ireland between 2022 and 2023 were Austria ($119k), Netherlands ($77.2k), and United Kingdom ($60.3k).

COMPANIES In 2024, leading companies such as Apex Tool Group (5) were at the forefront of shipping Soldering and Welding Machinery from Ireland 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)$5.37M
IMPORTS (2023)$4.76M
NET TRADE (2023)$616k

In 2023, Ireland exported $5.37M in Soldering and Welding Machinery. The main destinations of Ireland exports on Soldering and Welding Machinery were United Kingdom ($1.78M), United States ($1.67M), Australia ($526k), Germany ($409k), and Belgium ($337k).

In 2023, Ireland imported $4.76M in Soldering and Welding Machinery, mainly from United Kingdom ($1.52M), Italy ($1.02M), Netherlands ($670k), China ($410k), and Germany ($314k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Soldering and Welding Machinery EXPORT MARKETS FOR Ireland WERE (2022 - 2023):
United Kingdom$1.56M (718%)
Belgium$261k (345%)
Germany$37k (9.95%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soldering and Welding Machinery BY Ireland WERE (2022 - 2023):
United States-$714k (-30%)
Lithuania-$170k (-100%)
Sweden-$87.9k (-97.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Ireland's main exporting competitors in Soldering and Welding Machinery were:
In 2023, Ireland'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 Kingdom+ $178k
TOP IMPORT POTENTIALChina+ $285k

Soldering and Welding Machinery’s highest export potential is United Kingdom. With an export gap of $178k.   Soldering and Welding Machinery’s highest import potential is China with an import gap of $285k.

See methodology.

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