Electric Heaters in Brazil | The Observatory of Economic Complexity

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Exports In 2022, Brazil exported $67.3M in Electric Heaters, making it the 46th largest exporter of Electric Heaters in the world. At the same year, Electric Heaters was the 290th most exported product in Brazil. The main destination of Electric Heaters exports from Brazil are: Paraguay ($8.78M), Bolivia ($7.27M), Argentina ($6.13M), Peru ($5.32M), and Mexico ($5.11M).

The fastest growing export markets for Electric Heaters of Brazil between 2021 and 2022 were Argentina ($1.43M), United States ($1.21M), and Iraq ($905k).

Imports In 2022, Brazil imported $810M in Electric Heaters, becoming the 22nd largest importer of Electric Heaters in the world. At the same year, Electric Heaters was the 62nd most imported product in Brazil. Brazil imports Electric Heaters primarily from: China ($739M), Italy ($11.4M), Ukraine ($10.8M), Indonesia ($9.88M), and Germany ($8.78M).

The fastest growing import markets in Electric Heaters for Brazil between 2021 and 2022 were Romania ($1.83M), United Kingdom ($1.17M), and United States ($873k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Electric Heaters from Brazil to the United States.

Latest Trends

February 2024

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Overview In February 2024 Brazil's Electric Heaters exports accounted up to $4.33M and imports accounted up to $70.3M, resulting in a negative trade balance of $66M. Between February 2023 and February 2024 the exports of Brazil's Electric Heaters have increased by $522k (13.7%) from $3.81M to $4.33M, while imports increased by $14.3M (25.5%) from $56M to $70.3M.

Destinations In February 2024, Electric Heaters were exported mostly to Paraguay ($1.44M), Ecuador ($441k), Mexico ($358k), Argentina ($267k), and Costa Rica ($257k), and were imported mostly from China ($63.5M), Indonesia ($2.21M), Germany ($1M), Italy ($997k), and Ukraine ($465k).

Growth In February 2024, the increase in Electric Heaters's year-by-year exports was explained primarily by an increase in exports to Mexico ($471k or 193%), Peru ($432k or 244%), and Costa Rica ($219k or 11.7k%). In February 2024, the increase in Electric Heaters's year-by-year imports was explained primarily by an increase in imports from United Kingdom ($1.09M or 3.29k%), Romania ($352k or 2.05k%), and Spain ($299k or 2.8k%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$522k(13.7%)

IMPORT GROWTH (February 2023 - February 2024)$14.3M(25.5%)

MAIN EXPORTER (February 2024)São Paulo$4.27M

MAIN DESTINATION (February 2024)Paraguay$1.44M

This section shows Electric Heaters's exports and imports data at subnational level for Brazil. 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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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$67.3M

IMPORTS (2022)$810M

NET TRADE (2022)-$743M

In 2022, Brazil exported $67.3M in Electric Heaters. The main destinations of Brazil exports on Electric Heaters were Paraguay ($8.78M), Bolivia ($7.27M), Argentina ($6.13M), Peru ($5.32M), and Mexico ($5.11M).

In 2022, Brazil imported $810M in Electric Heaters, mainly from China ($739M), Italy ($11.4M), Ukraine ($10.8M), Indonesia ($9.88M), and Germany ($8.78M).

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