2023
Exports
$609MWorld Rnk 16 / 216
Flag Rnk 84 / 1192
2023
PRODUCT COMPLEXITY IN Electric Heaters
0.45Rnk 380 / 1025
2023
Imports
$518MWorld Rnk 28 / 225
Flag Rnk 98 / 1210
2023
ECONOMIC COMPLEXITY of Indonesia
-0.085Rnk 65 / 132

About

Exports In 2023, Indonesia exported $609M in Electric Heaters, making it the 16th largest exporter of Electric Heaters in the world. At the same year, Electric Heaters was the 84th most exported product in Indonesia. The main destination of Electric Heaters exports from Indonesia are: United States ($199M), Singapore ($137M), United Kingdom ($21M), Spain ($20.4M), and Germany ($20.2M).

The fastest growing export markets for Electric Heaters of Indonesia between 2022 and 2023 were France ($8.64M), Spain ($5.75M), and Turkey ($3.86M).

Imports In 2023, Indonesia imported $518M in Electric Heaters, becoming the 28th largest importer of Electric Heaters in the world. At the same year, Electric Heaters was the 98th most imported product in Indonesia. Indonesia imports Electric Heaters primarily from: China ($381M), Vietnam ($48.7M), Hong Kong ($38.6M), Malaysia ($10.1M), and Singapore ($7.98M).

The fastest growing import markets in Electric Heaters for Indonesia between 2022 and 2023 were Italy ($3.06M), China ($2.1M), and Philippines ($1.59M).

COMPANIES In 2024, leading companies such as Conair (42), IKEA Group (3), and Philips (2) were at the forefront of shipping Electric Heaters from Indonesia to the United States.

Latest Trends

Dec 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 (2023)$609M
IMPORTS (2023)$518M
NET TRADE (2023)$90.4M

In 2023, Indonesia exported $609M in Electric Heaters. The main destinations of Indonesia exports on Electric Heaters were United States ($199M), Singapore ($137M), United Kingdom ($21M), Spain ($20.4M), and Germany ($20.2M).

In 2023, Indonesia imported $518M in Electric Heaters, mainly from China ($381M), Vietnam ($48.7M), Hong Kong ($38.6M), Malaysia ($10.1M), and Singapore ($7.98M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electric Heaters EXPORT MARKETS FOR Indonesia WERE (2022 - 2023):
France$8.64M (353%)
Spain$5.75M (39.2%)
Turkey$3.86M (126%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Heaters BY Indonesia WERE (2022 - 2023):
United States-$63.3M (-24.1%)
Singapore-$50.6M (-27%)
Netherlands-$16.6M (-63.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Indonesia's main exporting competitors in Electric Heaters were:
Germany $4.19B
Italy $2.87B
In 2023, Indonesia'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+ $62.5M
TOP IMPORT POTENTIALChina+ $116M

Electric Heaters’s highest export potential is United States. With an export gap of $62.5M.   Electric Heaters’s highest import potential is China with an import gap of $116M.

See methodology.

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