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851590 (Harmonized System 1992 for 6-digit)

2023
World Trade $3.6BRnk 976 / 4644
2023
Top Exporter | Top Importer $684M | $554MGermany | United States
2023
Product Complexity 0.9Rnk 937 / 4656
2022 - 2023
Export Growth (CAGR) 3.22%Rnk 1204 / 4644
2023
Share of World Trade 0.016%Rnk 976 / 4644

About

Overview This page contains the latest trade data of Parts of electric solder, weld or braze equipment. In 2023, Parts of electric solder, weld or braze equipment were the world's 976th most traded product, with a total trade of $3.6B. Between 2022 and 2023 the exports of Parts of electric solder, weld or braze equipment grew by 3.22%, from $3.49B to $3.6B. Trade in Parts of electric solder, weld or braze equipment represent 0.016% of total world trade.

Parts of electric solder, weld or braze equipment are a part of Electric Soldering Equipment.

Exports In 2023 the top exporters of Parts of electric solder, weld or braze equipment  were Germany ($684M), China ($518M), United States ($471M), Japan ($229M), and Switzerland ($182M).

Imports In 2023 the top importers of Parts of electric solder, weld or braze equipment were United States ($554M), Germany ($264M), Mexico ($260M), Canada ($204M), and China ($159M).

Ranking Parts of electric solder, weld or braze equipment ranks 937th in the Product Complexity Index (PCI).

Description Electric solder, weld or braze equipment includes a torch, gas supply, electrode tip and support fixture. It is used to heat the metal so it can be soldered, welded or brazed.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Parts of electric solder, weld or braze equipment. 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$684M
Top Destination (2023)United States$554M

In 2023 Parts of electric solder, weld or braze equipment were the world's 976th most traded product (out of 4,644).

In 2023, the top exporters of Parts of electric solder, weld or braze equipment were Germany ($684M), China ($518M), United States ($471M), Japan ($229M), and Switzerland ($182M).

In 2023, the top importers of Parts of electric solder, weld or braze equipment were United States ($554M), Germany ($264M), Mexico ($260M), Canada ($204M), and China ($159M).

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Exporters of Parts of electric solder, weld or braze equipment (2023)
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Importers of Parts of electric solder, weld or braze equipment (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$54.4M
Top Destination Growth (2022 -  2023)Mexico$56.6M

Between 2022 and 2023, the exports of Parts of electric solder, weld or braze equipment grew the fastest in United States ($54.4M), Germany ($51M), Burma ($34.8M), Czechia ($34.5M), and Netherlands ($17.5M).

Between 2022 and 2023, the fastest growing importers of Parts of electric solder, weld or braze equipment were Mexico ($56.6M), Canada ($42.7M), Japan ($35.7M), Austria ($28.6M), and Italy ($19.7M).

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Exporters of Parts of electric solder, weld or braze equipment (2022 - 2023)

Importers of Parts of electric solder, weld or braze equipment (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Parts of electric solder, weld or braze equipment.

In 2023, market concentration measured using Shannon Entropy, was 4.21. This means that most of the exports of Parts of electric solder, weld or braze equipment are explained by 18 countries.

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Value of Exports in Parts of electric solder, weld or braze equipment

Net Trade

TOP NET EXPORTER (2023)Germany$420M
TOP NET IMPORTER (2023)Mexico$177M

This map shows which countries export or import more of Parts of electric solder, weld or braze equipment. Each country is colored based on the difference in exports and imports of Parts of electric solder, weld or braze equipment during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Parts of electric solder, weld or braze equipment were Germany ($420M), China ($359M), Switzerland ($131M), Japan ($88.8M), and Czechia ($60.4M).

In 2023, the countries that had a largest trade value in imports than in exports of Parts of electric solder, weld or braze equipment were Mexico ($177M), Canada ($89M), United States ($82.9M), Russia ($66.5M), and India ($51.3M).

Net Trade (2023)

Country Comparison

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This visualization shows the countries that have an important ratio of their trade related to Parts of electric solder, weld or braze equipment.
It is possible to select the main countries that export or import Parts of electric solder, weld or braze equipment in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Parts of electric solder, weld or braze equipment 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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