2022
Exports
$48.4MWorld Rnk 5 / 166
Flag Rnk 438 / 1193
2022
PRODUCT COMPLEXITY IN Soldering and Welding Machinery
1.33Rnk 87 / 1025
2022
Imports
$48MWorld Rnk 3 / 214
Flag Rnk 630 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $48.4M in Soldering and Welding Machinery, making it the 5th largest exporter of Soldering and Welding Machinery in the world. At the same year, Soldering and Welding Machinery was the 438th most exported product in Mexico. The main destination of Soldering and Welding Machinery exports from Mexico are: United States ($32.2M), United Arab Emirates ($9.02M), Canada ($1.92M), Colombia ($1.45M), and Peru ($711k).

The fastest growing export markets for Soldering and Welding Machinery of Mexico between 2021 and 2022 were United States ($2.44M), United Arab Emirates ($974k), and Colombia ($236k).

Imports In 2022, Mexico imported $48M in Soldering and Welding Machinery, becoming the 3rd largest importer of Soldering and Welding Machinery in the world. At the same year, Soldering and Welding Machinery was the 630th most imported product in Mexico. Mexico imports Soldering and Welding Machinery primarily from: United States ($21.3M), China ($13.5M), Austria ($4.45M), United Kingdom ($2.53M), and Germany ($2.13M).

The fastest growing import markets in Soldering and Welding Machinery for Mexico between 2021 and 2022 were China ($3.64M), United States ($3.48M), and Austria ($2.46M).

Latest Trends

Sep 2024

Subnational Monthly Trade

View
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 Soldering and Welding Machinery. Countries are shown based on data availability.

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

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$48.4M
IMPORTS (2022)$48M
NET TRADE (2022)$450k

In 2022, Mexico exported $48.4M in Soldering and Welding Machinery. The main destinations of Mexico exports on Soldering and Welding Machinery were United States ($32.2M), United Arab Emirates ($9.02M), Canada ($1.92M), Colombia ($1.45M), and Peru ($711k).

In 2022, Mexico imported $48M in Soldering and Welding Machinery, mainly from United States ($21.3M), China ($13.5M), Austria ($4.45M), United Kingdom ($2.53M), and Germany ($2.13M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soldering and Welding Machinery EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
United States$2.44M (8.2%)
Colombia$236k (19.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soldering and Welding Machinery BY Mexico WERE (2021 - 2022):
Saudi Arabia-$383k (-100%)
Honduras-$167k (-100%)
Kuwait-$159k (-53.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Mexico's main exporting competitors in Soldering and Welding Machinery were:
In 2022, Mexico's main importing competitors in Soldering and Welding Machinery were:

Explore Visualizations

Trade Value of Soldering and Welding Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.36M
TOP IMPORT POTENTIALChina+ $883k

Soldering and Welding Machinery’s highest export potential is United States. With an export gap of $1.36M.   Soldering and Welding Machinery’s highest import potential is China with an import gap of $883k.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with