2022
Exports
$6.97MWorld Rnk 52 / 201
Flag Rnk 284 / 1168
2022
PRODUCT COMPLEXITY IN Electric Soldering Equipment
1.96Rnk 7 / 1025
2022
Imports
$27.7MWorld Rnk 57 / 220
Flag Rnk 310 / 1202
2022
ECONOMIC COMPLEXITY of New Zealand
0.46Rnk 45 / 133

About

Exports In 2022, New Zealand exported $6.97M in Electric Soldering Equipment, making it the 52nd largest exporter of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 284th most exported product in New Zealand. The main destination of Electric Soldering Equipment exports from New Zealand are: China ($2.85M), Australia ($2.03M), United States ($1.64M), Fiji ($66k), and Cook Islands ($49.5k).

The fastest growing export markets for Electric Soldering Equipment of New Zealand between 2021 and 2022 were Australia ($1.39M), China ($1.26M), and United States ($364k).

Imports In 2022, New Zealand imported $27.7M in Electric Soldering Equipment, becoming the 57th largest importer of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 310th most imported product in New Zealand. New Zealand imports Electric Soldering Equipment primarily from: China ($8.35M), Australia ($4.29M), Germany ($2.83M), United States ($2.07M), and Switzerland ($1.95M).

The fastest growing import markets in Electric Soldering Equipment for New Zealand between 2021 and 2022 were Japan ($993k), Switzerland ($801k), and Canada ($624k).

Latest Trends

Sep 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Electric Soldering Equipment. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$6.97M
IMPORTS (2022)$27.7M
NET TRADE (2022)-$20.7M

In 2022, New Zealand exported $6.97M in Electric Soldering Equipment. The main destinations of New Zealand exports on Electric Soldering Equipment were China ($2.85M), Australia ($2.03M), United States ($1.64M), Fiji ($66k), and Cook Islands ($49.5k).

In 2022, New Zealand imported $27.7M in Electric Soldering Equipment, mainly from China ($8.35M), Australia ($4.29M), Germany ($2.83M), United States ($2.07M), and Switzerland ($1.95M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Soldering Equipment EXPORT MARKETS FOR New Zealand WERE (2021 - 2022):
Australia$1.39M (215%)
China$1.26M (79.4%)
United States$364k (28.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Soldering Equipment BY New Zealand WERE (2021 - 2022):
Netherlands-$1.36M (-100%)
Canada-$250k (-94.3%)
Spain-$53.9k (-81.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, New Zealand's main exporting competitors in Electric Soldering Equipment were:
In 2022, New Zealand's main importing competitors in Electric Soldering Equipment were:

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Trade Value of Electric Soldering Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.11M
TOP IMPORT POTENTIALChina+ $1.59M

Electric Soldering Equipment’s highest export potential is United States. With an export gap of $1.11M.   Electric Soldering Equipment’s highest import potential is China with an import gap of $1.59M.

See methodology.

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