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851529 (Harmonized System 1992 for 6-digit)

2023
World Trade $257MRnk 3468 / 4644
2023
Top Exporter | Top Importer $83.7M | $35MChina | United States
2023
Product Complexity 1.12Rnk 599 / 4656
2022 - 2023
Export Growth (CAGR) -1.06%Rnk 1664 / 4644
2023
Share of World Trade 0.0011%Rnk 3468 / 4644

About

Overview This page contains the latest trade data of Electric resistance welding equipment, non-automatic. In 2023, Electric resistance welding equipment, non-automatic were the world's 3468th most traded product, with a total trade of $257M. Between 2022 and 2023 the exports of Electric resistance welding equipment, non-automatic decreased by -1.06%, from $260M to $257M. Trade in Electric resistance welding equipment, non-automatic represent 0.0011% of total world trade.

Electric resistance welding equipment, non-automatic are a part of Electric Soldering Equipment.

Exports In 2023 the top exporters of Electric resistance welding equipment, non-automatic  were China ($83.7M), Germany ($21.2M), United States ($20.8M), France ($19.9M), and Italy ($15.2M).

Imports In 2023 the top importers of Electric resistance welding equipment, non-automatic were United States ($35M), Mexico ($20.5M), India ($15.2M), Russia ($13.8M), and Thailand ($11M).

Ranking Electric resistance welding equipment, non-automatic ranks 599th in the Product Complexity Index (PCI).

Description Resistance welding equipment is used to weld metals that have to be welded without heat. Typical uses are to weld metals that need to be welded underwater, or to weld plastics.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Electric resistance welding equipment, non-automatic. 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)China$83.7M
Top Destination (2023)United States$35M

In 2023 Electric resistance welding equipment, non-automatic were the world's 3468th most traded product (out of 4,644).

In 2023, the top exporters of Electric resistance welding equipment, non-automatic were China ($83.7M), Germany ($21.2M), United States ($20.8M), France ($19.9M), and Italy ($15.2M).

In 2023, the top importers of Electric resistance welding equipment, non-automatic were United States ($35M), Mexico ($20.5M), India ($15.2M), Russia ($13.8M), and Thailand ($11M).

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Exporters of Electric resistance welding equipment, non-automatic (2023)
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Importers of Electric resistance welding equipment, non-automatic (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Sweden$9.62M
Top Destination Growth (2022 -  2023)United States$17.4M

Between 2022 and 2023, the exports of Electric resistance welding equipment, non-automatic grew the fastest in Sweden ($9.62M), France ($7.67M), Austria ($4.75M), Spain ($4.4M), and Germany ($2.22M).

Between 2022 and 2023, the fastest growing importers of Electric resistance welding equipment, non-automatic were United States ($17.4M), Mexico ($6.98M), Kazakhstan ($4.24M), Russia ($4.17M), and India ($3.54M).

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Exporters of Electric resistance welding equipment, non-automatic (2022 - 2023)

Importers of Electric resistance welding equipment, non-automatic (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Electric resistance welding equipment, non-automatic.

In 2023, market concentration measured using Shannon Entropy, was 3.92. This means that most of the exports of Electric resistance welding equipment, non-automatic are explained by 15 countries.

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Value of Exports in Electric resistance welding equipment, non-automatic

Net Trade

TOP NET EXPORTER (2023)China$76.9M
TOP NET IMPORTER (2023)Mexico$19.6M

This map shows which countries export or import more of Electric resistance welding equipment, non-automatic. Each country is colored based on the difference in exports and imports of Electric resistance welding equipment, non-automatic during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Electric resistance welding equipment, non-automatic were China ($76.9M), France ($16.2M), Germany ($15.9M), Sweden ($11.7M), and Italy ($10.8M).

In 2023, the countries that had a largest trade value in imports than in exports of Electric resistance welding equipment, non-automatic were Mexico ($19.6M), India ($14.2M), United States ($14.2M), Russia ($12.6M), and Thailand ($8.65M).

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 resistance welding equipment, non-automatic.
It is possible to select the main countries that export or import Electric resistance welding equipment, non-automatic in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Electric resistance welding equipment, non-automatic 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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