851580 (Harmonized System 1992 for 6-digit)

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Overview This page contains the latest trade data of Electric, laser and ultrasonic welding equipment nes. In 2022, Electric, laser and ultrasonic welding equipment nes were the world's 1152nd most traded product, with a total trade of $3.01B. Between 2021 and 2022 the exports of Electric, laser and ultrasonic welding equipment nes grew by 2.92%, from $2.92B to $3.01B. Trade in Electric, laser and ultrasonic welding equipment nes represent 0.013% of total world trade.

Electric, laser and ultrasonic welding equipment nes are a part of Electric Soldering Equipment.

Exports In 2022 the top exporters of Electric, laser and ultrasonic welding equipment nes  were Germany ($732M), China ($566M), Switzerland ($293M), South Korea ($274M), and Japan ($223M).

Imports In 2022 the top importers of Electric, laser and ultrasonic welding equipment nes were United States ($489M), China ($336M), Germany ($240M), Mexico ($206M), and India ($103M).

Ranking Electric, laser and ultrasonic welding equipment nes ranks 128th in the Product Complexity Index (PCI).

Description Electric welding is the process of joining metal pieces by melting a small area of the pieces to be joined and allowing the molten metal to fill in the area around the joint. It is often used to repair pipes, although it can be used to assemble more complex structures. Laser welding is a process of joining materials by using a laser beam. It is often used for welding metals like steel, aluminum and titanium. It can be used to join thin materials, such as sheet metal, and is often used to weld seams during the manufacture of automobiles and airplanes. Ultrasonic welding is a process of joining

Latest Data

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The following visualization shows the latest trends on Electric, laser and ultrasonic welding equipment nes. 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 (2022)Germany$732M
Top Destination (2022)United States$489M

In 2022 Electric, laser and ultrasonic welding equipment nes were the world's 1152nd most traded product (out of 4,648).

In 2022, the top exporters of Electric, laser and ultrasonic welding equipment nes were Germany ($732M), China ($566M), Switzerland ($293M), South Korea ($274M), and Japan ($223M).

In 2022, the top importers of Electric, laser and ultrasonic welding equipment nes were United States ($489M), China ($336M), Germany ($240M), Mexico ($206M), and India ($103M).

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Exporters of Electric, laser and ultrasonic welding equipment nes (2022)
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Importers of Electric, laser and ultrasonic welding equipment nes (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)South Korea$30.5M
Top Destination Growth (2021 -  2022)United States$60.2M

Between 2021 and 2022, the exports of Electric, laser and ultrasonic welding equipment nes grew the fastest in South Korea ($30.5M), China ($29.6M), Switzerland ($28.1M), Italy ($25.1M), and Germany ($23.1M).

Between 2021 and 2022, the fastest growing importers of Electric, laser and ultrasonic welding equipment nes were United States ($60.2M), Germany ($50.2M), Mexico ($42.6M), United Kingdom ($19.2M), and Turkey ($17.1M).

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Exporters of Electric, laser and ultrasonic welding equipment nes (2021 - 2022)

Importers of Electric, laser and ultrasonic welding equipment nes (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Electric, laser and ultrasonic welding equipment nes.

In 2022, market concentration measured using Shannon Entropy, was 3.67. This means that most of the exports of Electric, laser and ultrasonic welding equipment nes are explained by 12 countries.

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Value of Exports in Electric, laser and ultrasonic welding equipment nes

Net Trade

TOP NET EXPORTER (2022)Germany$492M
TOP NET IMPORTER (2022)United States$274M

This map shows which countries export or import more of Electric, laser and ultrasonic welding equipment nes. Each country is colored based on the difference in exports and imports of Electric, laser and ultrasonic welding equipment nes during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Electric, laser and ultrasonic welding equipment nes were Germany ($492M), Switzerland ($263M), China ($230M), South Korea ($210M), and Japan ($166M).

In 2022, the countries that had a largest trade value in imports than in exports of Electric, laser and ultrasonic welding equipment nes were United States ($274M), Mexico ($163M), Vietnam ($89.5M), India ($87.1M), and Hungary ($66.4M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Electric, laser and ultrasonic welding equipment nes.
It is possible to select the main countries that export or import Electric, laser and ultrasonic welding equipment nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Electric, laser and ultrasonic welding equipment nes 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 (2022)

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