2022
Exports
$119MWorld Rnk 41 / 215
Flag Rnk 395 / 1212
2022
PRODUCT COMPLEXITY IN Electric Heaters
0.46Rnk 379 / 1025
2022
Imports
$663MWorld Rnk 27 / 224
Flag Rnk 148 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $119M in Electric Heaters, making it the 41st largest exporter of Electric Heaters in the world. At the same year, Electric Heaters was the 395th most exported product in India. The main destination of Electric Heaters exports from India are: United States ($20.1M), Slovenia ($10.6M), United Arab Emirates ($10.4M), Netherlands ($6.92M), and Canada ($6.66M).

The fastest growing export markets for Electric Heaters of India between 2021 and 2022 were United Arab Emirates ($7.02M), Malaysia ($3.39M), and Hong Kong ($2.16M).

Imports In 2022, India imported $663M in Electric Heaters, becoming the 27th largest importer of Electric Heaters in the world. At the same year, Electric Heaters was the 148th most imported product in India. India imports Electric Heaters primarily from: China ($517M), Malaysia ($52.6M), Thailand ($15.2M), Germany ($15.1M), and Vietnam ($10.8M).

The fastest growing import markets in Electric Heaters for India between 2021 and 2022 were China ($49.7M), Malaysia ($15.2M), and Thailand ($3.75M).

COMPANIES In 2023, leading companies such as SMP Automotive (1) were at the forefront of shipping Electric Heaters from India 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)$119M
IMPORTS (2022)$663M
NET TRADE (2022)-$544M

In 2022, India exported $119M in Electric Heaters. The main destinations of India exports on Electric Heaters were United States ($20.1M), Slovenia ($10.6M), United Arab Emirates ($10.4M), Netherlands ($6.92M), and Canada ($6.66M).

In 2022, India imported $663M in Electric Heaters, mainly from China ($517M), Malaysia ($52.6M), Thailand ($15.2M), Germany ($15.1M), and Vietnam ($10.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Heaters EXPORT MARKETS FOR India WERE (2021 - 2022):
Malaysia$3.39M (180%)
Hong Kong$2.16M (131%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Heaters BY India WERE (2021 - 2022):
United States-$6.82M (-25.4%)
Nepal-$1.39M (-20.2%)
Slovenia-$1.14M (-9.73%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Electric Heaters were:
China $31.5B
Italy $2.96B
In 2022, India'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+ $30.4M
TOP IMPORT POTENTIALChina+ $367M

Electric Heaters’s highest export potential is United States. With an export gap of $30.4M.   Electric Heaters’s highest import potential is China with an import gap of $367M.

See methodology.

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