Soldering and Welding Machinery in Italy | The Observatory of Economic Complexity

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Exports In 2022, Italy exported $42.4M in Soldering and Welding Machinery, making it the 6th largest exporter of Soldering and Welding Machinery in the world. At the same year, Soldering and Welding Machinery was the 730th most exported product in Italy. The main destination of Soldering and Welding Machinery exports from Italy are: France ($5.92M), Germany ($4.31M), Turkey ($2.31M), United States ($1.99M), and Belgium ($1.64M).

The fastest growing export markets for Soldering and Welding Machinery of Italy between 2021 and 2022 were Ireland ($1.05M), Iran ($983k), and South Korea ($884k).

Imports In 2022, Italy imported $26.9M in Soldering and Welding Machinery, becoming the 10th largest importer of Soldering and Welding Machinery in the world. At the same year, Soldering and Welding Machinery was the 859th most imported product in Italy. Italy imports Soldering and Welding Machinery primarily from: Germany ($7.51M), China ($6.92M), Austria ($3.39M), Czechia ($2.12M), and Netherlands ($1.09M).

The fastest growing import markets in Soldering and Welding Machinery for Italy between 2021 and 2022 were Germany ($4.07M), Czechia ($1.41M), and China ($1.23M).

COMPANIES In 2023, leading companies such as BSH HOME APPLIANCES CORP. (4) were at the forefront of shipping Soldering and Welding Machinery from Italy to the United States.

Latest Trends

January 2024

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Overview In January 2024 Italy's Soldering and Welding Machinery exports accounted up to €2.19M and imports accounted up to €2.71M, resulting in a negative trade balance of €517k. Between January 2023 and January 2024 the exports of Italy's Soldering and Welding Machinery have decreased by €-9.57k (-0.44%) from €2.2M to €2.19M, while imports increased by €416k (18.2%) from €2.29M to €2.71M.

Destinations In January 2024, Soldering and Welding Machinery were exported mostly to Germany (€550k), Mexico (€279k), Brazil (€266k), France (€249k), and Iran (€167k), and were imported mostly from Slovakia (€377k), China (€281k), Austria (€236k), Germany (€135k), and Poland (€88.3k).

Growth In January 2024, the decrease in Soldering and Welding Machinery's year-by-year exports was explained primarily by a decrease in exports to South Korea (€-315k or -94.8%), United States (€-215k or -77.5%), and Romania (€-177k or -71.8%). In January 2024, the increase in Soldering and Welding Machinery's year-by-year imports was explained primarily by an increase in imports from Czechia (€883k or 240%), Slovakia (€196k or 3.75k%), and Turkey (€48.2k or 854%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)€-9.57k(-0.44%)

IMPORT GROWTH (January 2023 - January 2024)€416k(18.2%)

MAIN DESTINATION (January 2024)Germany€550k

This section shows Soldering and Welding Machinery'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 Soldering and Welding Machinery over time.

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