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Exports In 2022, Iceland exported $71k in Electric Heaters, making it the 133rd largest exporter of Electric Heaters in the world. At the same year, Electric Heaters was the 382nd most exported product in Iceland. The main destination of Electric Heaters exports from Iceland are: Cote d'Ivoire ($14k), United States ($13.8k), Switzerland ($10.2k), Denmark ($8.69k), and Poland ($3.78k).

The fastest growing export markets for Electric Heaters of Iceland between 2021 and 2022 were Cote d'Ivoire ($14k), Poland ($3.78k), and Vietnam ($2.25k).

Imports In 2022, Iceland imported $26.4M in Electric Heaters, becoming the 106th largest importer of Electric Heaters in the world. At the same year, Electric Heaters was the 59th most imported product in Iceland. Iceland imports Electric Heaters primarily from: Sweden ($5.49M), China ($5.17M), Denmark ($3.24M), Germany ($3.19M), and Netherlands ($1.09M).

The fastest growing import markets in Electric Heaters for Iceland between 2021 and 2022 were Spain ($352k), Malaysia ($351k), and United Kingdom ($260k).

Latest Trends

Oct 2024

Subnational Monthly Trade

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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)$71k
IMPORTS (2022)$26.4M
NET TRADE (2022)-$26.3M

In 2022, Iceland exported $71k in Electric Heaters. The main destinations of Iceland exports on Electric Heaters were Cote d'Ivoire ($14k), United States ($13.8k), Switzerland ($10.2k), Denmark ($8.69k), and Poland ($3.78k).

In 2022, Iceland imported $26.4M in Electric Heaters, mainly from Sweden ($5.49M), China ($5.17M), Denmark ($3.24M), Germany ($3.19M), and Netherlands ($1.09M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Heaters EXPORT MARKETS FOR Iceland WERE (2021 - 2022):
Cote d'Ivoire$14k (1%)
Poland$3.78k (1%)
Vietnam$2.25k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Heaters BY Iceland WERE (2021 - 2022):
Colombia-$12.8k (-100%)
Denmark-$9.93k (-53.3%)
United States-$8.6k (-38.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Electric Heaters by Exporters

Potential Exports

Potential Exports

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Electric Heaters’s highest export potential is N/A. With an export gap of N/A.   Electric Heaters’s highest import potential is N/A with an import gap of N/A.

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