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851519 (Harmonized System 1992 for 6-digit)

2023
World Trade $704MRnk 2492 / 4644
2023
Top Exporter | Top Importer $268M | $125MGermany | China
2023
Product Complexity 0.73Rnk 1231 / 4656
2022 - 2023
Export Growth (CAGR) -1.41%Rnk 1695 / 4644
2023
Share of World Trade 0.0031%Rnk 2492 / 4644

About

Overview This page contains the latest trade data of Electric brazing, soldering machines and apparatus ne. In 2023, Electric brazing, soldering machines and apparatus ne were the world's 2492nd most traded product, with a total trade of $704M. Between 2022 and 2023 the exports of Electric brazing, soldering machines and apparatus ne decreased by -1.41%, from $714M to $704M. Trade in Electric brazing, soldering machines and apparatus ne represent 0.0031% of total world trade.

Electric brazing, soldering machines and apparatus ne are a part of Electric Soldering Equipment.

Exports In 2023 the top exporters of Electric brazing, soldering machines and apparatus ne  were Germany ($268M), China ($141M), Japan ($45.8M), United States ($34.2M), and Canada ($27.7M).

Imports In 2023 the top importers of Electric brazing, soldering machines and apparatus ne were China ($125M), United States ($90.6M), Thailand ($32.6M), Chinese Taipei ($32.3M), and Mexico ($29.4M).

Ranking Electric brazing, soldering machines and apparatus ne ranks 1231st in the Product Complexity Index (PCI).

Description A brazing machine is a small gas-fired or electric heating element that is used to heat the metal until it melts before applying the solder. This is often done in a brazing machine. Soldering machines are used to create or repair metal objects. The machine can be both heated manually or by gas.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Electric brazing, soldering machines and apparatus ne. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)Germany$268M
Top Destination (2023)China$125M

In 2023 Electric brazing, soldering machines and apparatus ne were the world's 2492nd most traded product (out of 4,644).

In 2023, the top exporters of Electric brazing, soldering machines and apparatus ne were Germany ($268M), China ($141M), Japan ($45.8M), United States ($34.2M), and Canada ($27.7M).

In 2023, the top importers of Electric brazing, soldering machines and apparatus ne were China ($125M), United States ($90.6M), Thailand ($32.6M), Chinese Taipei ($32.3M), and Mexico ($29.4M).

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Exporters of Electric brazing, soldering machines and apparatus ne (2023)
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Importers of Electric brazing, soldering machines and apparatus ne (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Germany$20.3M
Top Destination Growth (2022 -  2023)Mexico$7.77M

Between 2022 and 2023, the exports of Electric brazing, soldering machines and apparatus ne grew the fastest in Germany ($20.3M), Canada ($16.7M), Denmark ($7.99M), United States ($5.1M), and India ($2.36M).

Between 2022 and 2023, the fastest growing importers of Electric brazing, soldering machines and apparatus ne were Mexico ($7.77M), Italy ($7.49M), Poland ($6.88M), Turkey ($5.24M), and Spain ($4.99M).

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Exporters of Electric brazing, soldering machines and apparatus ne (2022 - 2023)

Importers of Electric brazing, soldering machines and apparatus ne (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Electric brazing, soldering machines and apparatus ne.

In 2023, market concentration measured using Shannon Entropy, was 3.38. This means that most of the exports of Electric brazing, soldering machines and apparatus ne are explained by 10 countries.

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Value of Exports in Electric brazing, soldering machines and apparatus ne

Net Trade

TOP NET EXPORTER (2023)Germany$246M
TOP NET IMPORTER (2023)United States$56.4M

This map shows which countries export or import more of Electric brazing, soldering machines and apparatus ne. Each country is colored based on the difference in exports and imports of Electric brazing, soldering machines and apparatus ne during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Electric brazing, soldering machines and apparatus ne were Germany ($246M), Japan ($37.7M), China ($16.3M), Singapore ($16.1M), and Canada ($16.1M).

In 2023, the countries that had a largest trade value in imports than in exports of Electric brazing, soldering machines and apparatus ne were United States ($56.4M), Thailand ($30.1M), Chinese Taipei ($24.3M), Vietnam ($21.5M), and India ($16.6M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Electric brazing, soldering machines and apparatus ne.
It is possible to select the main countries that export or import Electric brazing, soldering machines and apparatus ne in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Electric brazing, soldering machines and apparatus ne by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

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