2022
Exports
$455kWorld Rnk 55 / 166
Flag Rnk 590 / 1100
2022
PRODUCT COMPLEXITY IN Soldering and Welding Machinery
1.33Rnk 87 / 1025
2022
Imports
$11.1MWorld Rnk 28 / 214
Flag Rnk 689 / 1197
2022
ECONOMIC COMPLEXITY of Saudi Arabia
0.78Rnk 35 / 133

About

Exports In 2022, Saudi Arabia exported $455k in Soldering and Welding Machinery, making it the 55th largest exporter of Soldering and Welding Machinery in the world. At the same year, Soldering and Welding Machinery was the 590th most exported product in Saudi Arabia. The main destination of Soldering and Welding Machinery exports from Saudi Arabia are: Indonesia ($427k), India ($8.19k), United Kingdom ($7.51k), Finland ($5.27k), and Oman ($4.39k).

The fastest growing export markets for Soldering and Welding Machinery of Saudi Arabia between 2021 and 2022 were Indonesia ($427k), United Kingdom ($5.97k), and Finland ($5.27k).

Imports In 2022, Saudi Arabia imported $11.1M in Soldering and Welding Machinery, becoming the 28th largest importer of Soldering and Welding Machinery in the world. At the same year, Soldering and Welding Machinery was the 689th most imported product in Saudi Arabia. Saudi Arabia imports Soldering and Welding Machinery primarily from: China ($2.89M), United Arab Emirates ($1.29M), United States ($1.05M), India ($984k), and United Kingdom ($933k).

The fastest growing import markets in Soldering and Welding Machinery for Saudi Arabia between 2021 and 2022 were United Arab Emirates ($1.01M), Kuwait ($839k), and China ($709k).

Latest Trends

Oct 2024

Subnational Monthly Trade

View
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.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$455k
IMPORTS (2022)$11.1M
NET TRADE (2022)-$10.6M

In 2022, Saudi Arabia exported $455k in Soldering and Welding Machinery. The main destinations of Saudi Arabia exports on Soldering and Welding Machinery were Indonesia ($427k), India ($8.19k), United Kingdom ($7.51k), Finland ($5.27k), and Oman ($4.39k).

In 2022, Saudi Arabia imported $11.1M in Soldering and Welding Machinery, mainly from China ($2.89M), United Arab Emirates ($1.29M), United States ($1.05M), India ($984k), and United Kingdom ($933k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soldering and Welding Machinery EXPORT MARKETS FOR Saudi Arabia WERE (2021 - 2022):
Indonesia$427k (1%)
United Kingdom$5.97k (389%)
Finland$5.27k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soldering and Welding Machinery BY Saudi Arabia WERE (2021 - 2022):
Egypt-$138k (-99.4%)
United Arab Emirates-$135k (-99.3%)
Iraq-$61.3k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Saudi Arabia's main exporting competitors in Soldering and Welding Machinery were:
In 2022, Saudi Arabia's main importing competitors in Soldering and Welding Machinery were:

Explore Visualizations

Trade Value of Soldering and Welding Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $16.3k
TOP IMPORT POTENTIALChina+ $890k

Soldering and Welding Machinery’s highest export potential is India. With an export gap of $16.3k.   Soldering and Welding Machinery’s highest import potential is China with an import gap of $890k.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with