Electric Heaters in United States | The Observatory of Economic Complexity

About

Exports In 2022, United States exported $1.63B in Electric Heaters, making it the 7th largest exporter of Electric Heaters in the world. At the same year, Electric Heaters was the 189th most exported product in United States. The main destination of Electric Heaters exports from United States are: Canada ($609M), Mexico ($353M), China ($71.8M), Singapore ($48.2M), and Germany ($41.7M).

The fastest growing export markets for Electric Heaters of United States between 2021 and 2022 were Mexico ($23.6M), Japan ($12M), and Chinese Taipei ($11M).

Imports In 2022, United States imported $12.8B in Electric Heaters, becoming the 1st largest importer of Electric Heaters in the world. At the same year, Electric Heaters was the 50th most imported product in United States. United States imports Electric Heaters primarily from: China ($7.68B), Mexico ($1.78B), Thailand ($762M), Malaysia ($366M), and South Korea ($279M).

The fastest growing import markets in Electric Heaters for United States between 2021 and 2022 were Mexico ($323M), Thailand ($112M), and Indonesia ($80.8M).

COMPANIES In 2023, leading companies such as LG ELECTRONICS U.S.A. INC. (34.5k), AMAZON SERVICES LLC (30.7k), and ELECTROLUX HOME PRODUCTS, INC. (20.8k) were at the forefront of shipping Electric Heaters to the United States.

Latest Trends

January 2024

About

Overview In January 2024 United States' Electric Heaters exports accounted up to $134M and imports accounted up to $867M, resulting in a negative trade balance of $733M. Between January 2023 and January 2024 the exports of United States' Electric Heaters have decreased by $-9.36M (-6.52%) from $143M to $134M, while imports increased by $100M (13.1%) from $767M to $867M.

Destinations In January 2024, Electric Heaters were exported mostly to Canada ($58M), Mexico ($31.4M), China ($4.96M), Belgium ($3.85M), and Singapore ($3.03M), and were imported mostly from China ($499M), Mexico ($164M), Thailand ($35.5M), South Korea ($21.4M), and Indonesia ($18.4M).

Growth In January 2024, the decrease in Electric Heaters's year-by-year exports was explained primarily by a decrease in exports to Qatar ($-1.83M or -88.6%), Singapore ($-1.04M or -26.6%), and Taiwan ($-664k or -26.3%). In January 2024, the increase in Electric Heaters's year-by-year imports was explained primarily by an increase in imports from Thailand ($7.3M or 15.5%), Canada ($5.95M or 49.9%), and Philippines ($4.04M or 54.7%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)$-9.36M(-6.52%)

IMPORT GROWTH (January 2023 - January 2024)$100M(13.1%)

MAIN EXPORTER (January 2024)California$19.2M

MAIN DESTINATION (January 2024)Canada$58M

This section shows Electric Heaters's exports and imports data at subnational level for United States. 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 Heaters over time.

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