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846880 (Harmonized System 1992 for 6-digit)

2023
World Trade $355MRnk 3183 / 4644
2023
Top Exporter | Top Importer $124M | $39.5MChina | United States
2023
Product Complexity 0.65Rnk 1381 / 4656
2022 - 2023
Export Growth (CAGR) 30.9%Rnk 149 / 4644
2023
Share of World Trade 0.0016%Rnk 3183 / 4644

About

Overview This page contains the latest trade data of Welding machinery not gas-operated. In 2023, Welding machinery not gas-operated were the world's 3183rd most traded product, with a total trade of $355M. Between 2022 and 2023 the exports of Welding machinery not gas-operated grew by 30.9%, from $271M to $355M. Trade in Welding machinery not gas-operated represent 0.0016% of total world trade.

Welding machinery not gas-operated are a part of Soldering and Welding Machinery.

Exports In 2023 the top exporters of Welding machinery not gas-operated  were China ($124M), Germany ($45M), Japan ($21M), United Kingdom ($20.4M), and United States ($19M).

Imports In 2023 the top importers of Welding machinery not gas-operated were United States ($39.5M), Belgium ($30M), China ($18.2M), South Korea ($16.7M), and Russia ($15.5M).

Ranking Welding machinery not gas-operated ranks 1381st in the Product Complexity Index (PCI).

Description The common welding machines not gas-operated are arc welding machines, resistance welding machines, and submerged arc welding machines. Arc welding machines are used to weld metal using an electric current, resistance welding machines are typically used to weld copper pipes, and submerged arc welding machines are used to weld steel pipes underwater.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Welding machinery not gas-operated. 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$124M
Top Destination (2023)United States$39.5M

In 2023 Welding machinery not gas-operated were the world's 3183rd most traded product (out of 4,644).

In 2023, the top exporters of Welding machinery not gas-operated were China ($124M), Germany ($45M), Japan ($21M), United Kingdom ($20.4M), and United States ($19M).

In 2023, the top importers of Welding machinery not gas-operated were United States ($39.5M), Belgium ($30M), China ($18.2M), South Korea ($16.7M), and Russia ($15.5M).

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Exporters of Welding machinery not gas-operated (2023)
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Importers of Welding machinery not gas-operated (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$44.2M
Top Destination Growth (2022 -  2023)Belgium$20.5M

Between 2022 and 2023, the exports of Welding machinery not gas-operated grew the fastest in China ($44.2M), Sweden ($11.9M), Germany ($10.7M), South Korea ($9.58M), and Italy ($8.32M).

Between 2022 and 2023, the fastest growing importers of Welding machinery not gas-operated were Belgium ($20.5M), Slovakia ($12.7M), South Korea ($10.3M), Vietnam ($9.45M), and Bulgaria ($6.19M).

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Exporters of Welding machinery not gas-operated (2022 - 2023)

Importers of Welding machinery not gas-operated (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Welding machinery not gas-operated.

In 2023, market concentration measured using Shannon Entropy, was 3.76. This means that most of the exports of Welding machinery not gas-operated are explained by 13 countries.

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Value of Exports in Welding machinery not gas-operated

Net Trade

TOP NET EXPORTER (2023)China$105M
TOP NET IMPORTER (2023)Belgium$27.6M

This map shows which countries export or import more of Welding machinery not gas-operated. Each country is colored based on the difference in exports and imports of Welding machinery not gas-operated during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Welding machinery not gas-operated were China ($105M), Germany ($37.9M), Japan ($18.5M), Sweden ($15.2M), and United Kingdom ($14.7M).

In 2023, the countries that had a largest trade value in imports than in exports of Welding machinery not gas-operated were Belgium ($27.6M), United States ($20.5M), Russia ($15.3M), Vietnam ($13.2M), and Mexico ($12.5M).

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 Welding machinery not gas-operated.
It is possible to select the main countries that export or import Welding machinery not gas-operated in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Welding machinery not gas-operated 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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