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851590 (Harmonized System 1992 for 6-digit)

2022
World Trade $3.49BRnk 1040 / 4648
2022
Top Exporter | Top Importer $646M | $555MGermany | United States
2022
Product Complexity 1.24Rnk 445 / 4653
2021 - 2022
Export Growth (CAGR) 1.32%Rnk 2772 / 4648
2022
Share of World Trade 0.015%Rnk 1040 / 4648

About

Overview This page contains the latest trade data of Parts of electric solder, weld or braze equipment. In 2022, Parts of electric solder, weld or braze equipment were the world's 1040th most traded product, with a total trade of $3.49B. Between 2021 and 2022 the exports of Parts of electric solder, weld or braze equipment grew by 1.32%, from $3.45B to $3.49B. Trade in Parts of electric solder, weld or braze equipment represent 0.015% of total world trade.

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

Exports In 2022 the top exporters of Parts of electric solder, weld or braze equipment  were Germany ($646M), China ($513M), United States ($432M), Japan ($270M), and Switzerland ($195M).

Imports In 2022 the top importers of Parts of electric solder, weld or braze equipment were United States ($555M), Germany ($279M), China ($218M), Mexico ($205M), and Canada ($162M).

Ranking Parts of electric solder, weld or braze equipment ranks 445th 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 (2022)Germany$646M
Top Destination (2022)United States$555M

In 2022 Parts of electric solder, weld or braze equipment were the world's 1040th most traded product (out of 4,648).

In 2022, the top exporters of Parts of electric solder, weld or braze equipment were Germany ($646M), China ($513M), United States ($432M), Japan ($270M), and Switzerland ($195M).

In 2022, the top importers of Parts of electric solder, weld or braze equipment were United States ($555M), Germany ($279M), China ($218M), Mexico ($205M), and Canada ($162M).

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Exporters of Parts of electric solder, weld or braze equipment (2022)
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Importers of Parts of electric solder, weld or braze equipment (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$75.9M
Top Destination Growth (2021 -  2022)Mexico$41.5M

Between 2021 and 2022, the exports of Parts of electric solder, weld or braze equipment grew the fastest in United States ($75.9M), China ($56.3M), Canada ($35.6M), Singapore ($8.49M), and Malaysia ($8.03M).

Between 2021 and 2022, the fastest growing importers of Parts of electric solder, weld or braze equipment were Mexico ($41.5M), United States ($24.4M), France ($17.9M), Philippines ($17.3M), and Turkey ($16.2M).

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Exporters of Parts of electric solder, weld or braze equipment (2021 - 2022)

Importers of Parts of electric solder, weld or braze equipment (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 4.2. 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 (2022)Germany$367M
TOP NET IMPORTER (2022)Mexico$130M

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Parts of electric solder, weld or braze equipment were Germany ($367M), China ($295M), Japan ($167M), Switzerland ($145M), and Austria ($90.5M).

In 2022, the countries that had a largest trade value in imports than in exports of Parts of electric solder, weld or braze equipment were Mexico ($130M), United States ($123M), Russia ($61.4M), India ($57.7M), and Canada ($56.1M).

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 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 (2022)

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