2022
Exports
$219MWorld Rnk 32 / 215
Flag Rnk 72 / 1177
2022
PRODUCT COMPLEXITY IN Electric Heaters
0.46Rnk 379 / 1025
2022
Imports
$531MWorld Rnk 31 / 224
Flag Rnk 92 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $219M in Electric Heaters, making it the 32nd largest exporter of Electric Heaters in the world. At the same year, Electric Heaters was the 72nd most exported product in Hong Kong. The main destination of Electric Heaters exports from Hong Kong are: Indonesia ($58M), United Kingdom ($22.1M), Israel ($16.8M), Germany ($13.1M), and Netherlands ($11.2M).

The fastest growing export markets for Electric Heaters of Hong Kong between 2021 and 2022 were Indonesia ($56.5M), United Kingdom ($7.31M), and Israel ($3.62M).

Imports In 2022, Hong Kong imported $531M in Electric Heaters, becoming the 31st largest importer of Electric Heaters in the world. At the same year, Electric Heaters was the 92nd most imported product in Hong Kong. Hong Kong imports Electric Heaters primarily from: China ($366M), Germany ($33M), Malaysia ($26.2M), Japan ($20.2M), and Thailand ($14.4M).

The fastest growing import markets in Electric Heaters for Hong Kong between 2021 and 2022 were India ($2.16M), Georgia ($1.45M), and Austria ($1.09M).

COMPANIES In 2023, leading companies such as Electrolux (145), QVC Inc (1), and Conair (1) were at the forefront of shipping Electric Heaters from Hong Kong to the United States.

Latest Trends

Oct 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 Electric Heaters. 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)$219M
IMPORTS (2022)$531M
NET TRADE (2022)-$312M

In 2022, Hong Kong exported $219M in Electric Heaters. The main destinations of Hong Kong exports on Electric Heaters were Indonesia ($58M), United Kingdom ($22.1M), Israel ($16.8M), Germany ($13.1M), and Netherlands ($11.2M).

In 2022, Hong Kong imported $531M in Electric Heaters, mainly from China ($366M), Germany ($33M), Malaysia ($26.2M), Japan ($20.2M), and Thailand ($14.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Heaters EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Indonesia$56.5M (3.84k%)
United Kingdom$7.31M (49.6%)
Israel$3.62M (27.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Heaters BY Hong Kong WERE (2021 - 2022):
Japan-$44.5M (-82.6%)
Netherlands-$10.8M (-49.1%)
Australia-$4.99M (-82.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hong Kong's main exporting competitors in Electric Heaters were:
China $31.5B
Italy $2.96B
In 2022, Hong Kong's main importing competitors in Electric Heaters were:

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Trade Value of Electric Heaters by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $9.6M
TOP IMPORT POTENTIALChina+ $158M

Electric Heaters’s highest export potential is United States. With an export gap of $9.6M.   Electric Heaters’s highest import potential is China with an import gap of $158M.

See methodology.

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