2022
Exports
$6.85MWorld Rnk 24 / 166
Flag Rnk 356 / 1195
2022
PRODUCT COMPLEXITY IN Soldering and Welding Machinery
1.33Rnk 87 / 1025
2022
Imports
$3.04MWorld Rnk 58 / 214
Flag Rnk 639 / 1201

About

Exports In 2022, Estonia exported $6.85M in Soldering and Welding Machinery, making it the 24th largest exporter of Soldering and Welding Machinery in the world. At the same year, Soldering and Welding Machinery was the 356th most exported product in Estonia. The main destination of Soldering and Welding Machinery exports from Estonia are: Germany ($5.21M), Canada ($198k), Norway ($182k), United Kingdom ($175k), and United States ($148k).

The fastest growing export markets for Soldering and Welding Machinery of Estonia between 2021 and 2022 were United Kingdom ($175k), United States ($62.6k), and Canada ($62k).

Imports In 2022, Estonia imported $3.04M in Soldering and Welding Machinery, becoming the 58th largest importer of Soldering and Welding Machinery in the world. At the same year, Soldering and Welding Machinery was the 639th most imported product in Estonia. Estonia imports Soldering and Welding Machinery primarily from: Sweden ($1.65M), Germany ($327k), Austria ($186k), Lithuania ($155k), and Italy ($152k).

The fastest growing import markets in Soldering and Welding Machinery for Estonia between 2021 and 2022 were Germany ($50.7k), Iceland ($10.6k), and Slovakia ($9.86k).

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)$6.85M
IMPORTS (2022)$3.04M
NET TRADE (2022)$3.81M

In 2022, Estonia exported $6.85M in Soldering and Welding Machinery. The main destinations of Estonia exports on Soldering and Welding Machinery were Germany ($5.21M), Canada ($198k), Norway ($182k), United Kingdom ($175k), and United States ($148k).

In 2022, Estonia imported $3.04M in Soldering and Welding Machinery, mainly from Sweden ($1.65M), Germany ($327k), Austria ($186k), Lithuania ($155k), and Italy ($152k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soldering and Welding Machinery EXPORT MARKETS FOR Estonia WERE (2021 - 2022):
United Kingdom$175k (1%)
United States$62.6k (73%)
Canada$62k (45.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soldering and Welding Machinery BY Estonia WERE (2021 - 2022):
Latvia-$480k (-87.4%)
Austria-$346k (-100%)
Portugal-$88.8k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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