Electric Soldering Equipment in Italy | The Observatory of Economic Complexity

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Exports In 2022, Italy exported $604M in Electric Soldering Equipment, making it the 6th largest exporter of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 217th most exported product in Italy. The main destination of Electric Soldering Equipment exports from Italy are: United States ($75.9M), Germany ($72.2M), Poland ($52.9M), France ($33.4M), and Turkey ($32.6M).

The fastest growing export markets for Electric Soldering Equipment of Italy between 2021 and 2022 were United States ($17.5M), Poland ($14.2M), and Germany ($10.2M).

Imports In 2022, Italy imported $305M in Electric Soldering Equipment, becoming the 10th largest importer of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 346th most imported product in Italy. Italy imports Electric Soldering Equipment primarily from: Germany ($93M), Sweden ($51.4M), China ($27.6M), Austria ($15.9M), and Switzerland ($15.7M).

The fastest growing import markets in Electric Soldering Equipment for Italy between 2021 and 2022 were Germany ($4.34M), United States ($1.94M), and Sweden ($1.55M).

COMPANIES In 2023, leading companies such as ABB MOTORS AND MECHANICAL INC (136) and AGCO CORPORATION (46) were at the forefront of shipping Electric Soldering Equipment from Italy to the United States.

Latest Trends

December 2023

About

Overview In December 2023 Italy's Electric Soldering Equipment exports accounted up to €55.2M and imports accounted up to €18M, resulting in a positive trade balance of €37.2M. Between December 2022 and December 2023 the exports of Italy's Electric Soldering Equipment have decreased by €-5.61M (-9.23%) from €60.8M to €55.2M, while imports decreased by €-3.27M (-15.4%) from €21.3M to €18M.

Destinations In December 2023, Electric Soldering Equipment were exported mostly to Poland (€6.17M), Turkey (€5.63M), United States (€4.19M), Germany (€3.81M), and Romania (€3.73M), and were imported mostly from Germany (€7.84M), Slovakia (€2.45M), France (€1.57M), China (€1.13M), and Poland (€1.1M).

Growth In December 2023, the decrease in Electric Soldering Equipment's year-by-year exports was explained primarily by a decrease in exports to Indonesia (€-1.78M or -67%), Japan (€-959k or -92.6%), and China (€-888k or -76.1%). In December 2023, the decrease in Electric Soldering Equipment's year-by-year imports was explained primarily by a decrease in imports from Germany (€-2.2M or -33.8%), China (€-1.43M or -54.5%), and Austria (€-1.3M or -57.3%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2022 - December 2023)€-5.61M(-9.23%)

IMPORT GROWTH (December 2022 - December 2023)€-3.27M(-15.4%)

MAIN DESTINATION (December 2023)Poland€6.17M

This section shows Electric Soldering Equipment's exports and imports data at subnational level for Italy. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Electric Soldering Equipment over time.

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