2022
Exports
$6.76kWorld Rnk 112 / 166
Flag Rnk 195 / 501
2022
PRODUCT COMPLEXITY IN Soldering and Welding Machinery
1.33Rnk 87 / 1025
2022
Imports
$45.2kWorld Rnk 173 / 214
Flag Rnk 623 / 1093

About

Exports In 2022, Bermuda exported $6.76k in Soldering and Welding Machinery, making it the 112th largest exporter of Soldering and Welding Machinery in the world. At the same year, Soldering and Welding Machinery was the 195th most exported product in Bermuda. The main destination of Soldering and Welding Machinery exports from Bermuda are: Canada ($5.8k) and Spain ($959).

The fastest growing export markets for Soldering and Welding Machinery of Bermuda between 2021 and 2022 were Canada ($5.05k) and Spain ($959).

Imports In 2022, Bermuda imported $45.2k in Soldering and Welding Machinery, becoming the 173rd largest importer of Soldering and Welding Machinery in the world. At the same year, Soldering and Welding Machinery was the 623rd most imported product in Bermuda. Bermuda imports Soldering and Welding Machinery primarily from: United States ($41.4k), Poland ($1.44k), Germany ($820), Estonia ($669), and France ($614).

The fastest growing import markets in Soldering and Welding Machinery for Bermuda between 2021 and 2022 were Poland ($1.44k), Germany ($820), and Estonia ($669).

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 Soldering and Welding Machinery. 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)$6.76k
IMPORTS (2022)$45.2k
NET TRADE (2022)-$38.4k

In 2022, Bermuda exported $6.76k in Soldering and Welding Machinery. The main destinations of Bermuda exports on Soldering and Welding Machinery were Canada ($5.8k) and Spain ($959).

In 2022, Bermuda imported $45.2k in Soldering and Welding Machinery, mainly from United States ($41.4k), Poland ($1.44k), Germany ($820), Estonia ($669), and France ($614).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soldering and Welding Machinery EXPORT MARKETS FOR Bermuda WERE (2021 - 2022):
Canada$5.05k (672%)
Spain$959 (1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Soldering and Welding Machinery by Exporters

Potential Exports

Potential Exports

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Soldering and Welding Machinery’s highest export potential is N/A. With an export gap of N/A.   Soldering and Welding Machinery’s highest import potential is N/A with an import gap of N/A.

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