2022
Exports
$667kWorld Rnk 73 / 201
Flag Rnk 537 / 1100
2022
PRODUCT COMPLEXITY IN Electric Soldering Equipment
1.96Rnk 7 / 1025
2022
Imports
$64.9MWorld Rnk 38 / 220
Flag Rnk 367 / 1197
2022
ECONOMIC COMPLEXITY of Saudi Arabia
0.78Rnk 35 / 133

About

Exports In 2022, Saudi Arabia exported $667k in Electric Soldering Equipment, making it the 73rd largest exporter of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 537th most exported product in Saudi Arabia. The main destination of Electric Soldering Equipment exports from Saudi Arabia are: United States ($247k), Oman ($128k), Austria ($76.7k), Egypt ($49.4k), and Malaysia ($44.7k).

The fastest growing export markets for Electric Soldering Equipment of Saudi Arabia between 2021 and 2022 were United States ($212k), Oman ($113k), and Austria ($57k).

Imports In 2022, Saudi Arabia imported $64.9M in Electric Soldering Equipment, becoming the 38th largest importer of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 367th most imported product in Saudi Arabia. Saudi Arabia imports Electric Soldering Equipment primarily from: China ($16M), United States ($9.31M), United Arab Emirates ($6.81M), Italy ($4.33M), and Switzerland ($3.46M).

The fastest growing import markets in Electric Soldering Equipment for Saudi Arabia between 2021 and 2022 were United States ($3.68M), United Arab Emirates ($2.82M), and France ($2.43M).

Latest Trends

Jul 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)$667k
IMPORTS (2022)$64.9M
NET TRADE (2022)-$64.2M

In 2022, Saudi Arabia exported $667k in Electric Soldering Equipment. The main destinations of Saudi Arabia exports on Electric Soldering Equipment were United States ($247k), Oman ($128k), Austria ($76.7k), Egypt ($49.4k), and Malaysia ($44.7k).

In 2022, Saudi Arabia imported $64.9M in Electric Soldering Equipment, mainly from China ($16M), United States ($9.31M), United Arab Emirates ($6.81M), Italy ($4.33M), and Switzerland ($3.46M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Soldering Equipment EXPORT MARKETS FOR Saudi Arabia WERE (2021 - 2022):
United States$212k (608%)
Oman$113k (754%)
Austria$57k (290%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Soldering Equipment BY Saudi Arabia WERE (2021 - 2022):
United Arab Emirates-$2.22M (-99.6%)
France-$889k (-97.5%)
Canada-$800k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Saudi Arabia's main exporting competitors in Electric Soldering Equipment were:
In 2022, Saudi Arabia'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
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TOP EXPORT POTENTIALUnited States+ $250k
TOP IMPORT POTENTIALChina+ $6.89M

Electric Soldering Equipment’s highest export potential is United States. With an export gap of $250k.   Electric Soldering Equipment’s highest import potential is China with an import gap of $6.89M.

See methodology.

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