2018
Exports
$606MWorld Rnk 18 / 216
Flag Rnk 163 / 1209
2023
PRODUCT COMPLEXITY IN Electric Heaters
0.45Rnk 380 / 1025
2018
Imports
$2.16BWorld Rnk 6 / 225
Flag Rnk 58 / 1209
2023
ECONOMIC COMPLEXITY of Japan
2.07Rnk 1 / 132

About

Exports In 2018, Japan exported $606M in Electric Heaters, making it the 18th largest exporter of Electric Heaters in the world. At the same year, Electric Heaters was the 163rd most exported product in Japan. The main destination of Electric Heaters exports from Japan are: China ($163M), United States ($108M), Chinese Taipei ($93.9M), South Korea ($54.4M), and Hong Kong ($23.2M).

The fastest growing export markets for Electric Heaters of Japan between 2022 and 2023 were Belgium ($14.3M), Saudi Arabia ($2.71M), and India ($2.2M).

Imports In 2023, Japan imported $2.16B in Electric Heaters, becoming the 6th largest importer of Electric Heaters in the world. At the same year, Electric Heaters was the 58th most imported product in Japan. Japan imports Electric Heaters primarily from: China ($1.56B), Thailand ($210M), Vietnam ($102M), Malaysia ($86.4M), and South Korea ($51.8M).

The fastest growing import markets in Electric Heaters for Japan between 2022 and 2023 were Spain ($2.58M), Israel ($1.71M), and Bangladesh ($1.68M).

COMPANIES In 2023, leading companies such as Panasonic (11) were at the forefront of shipping Electric Heaters from Japan to the United States.

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)¥452M(5.59%)
IMPORT GROWTH (November 2023 - November 2024)¥2.06B(6.67%)
MAIN EXPORTER (November 2024)Aichi¥3.73B
MAIN DESTINATION (November 2024)China¥1.88B

This section shows Electric Heaters's exports and imports data at subnational level for Japan. 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
EXPORTS (2023)$606M
IMPORTS (2023)$2.16B
NET TRADE (2023)-$1.55B

In 2023, Japan exported $606M in Electric Heaters. The main destinations of Japan exports on Electric Heaters were China ($163M), United States ($108M), Chinese Taipei ($93.9M), South Korea ($54.4M), and Hong Kong ($23.2M).

In 2023, Japan imported $2.16B in Electric Heaters, mainly from China ($1.56B), Thailand ($210M), Vietnam ($102M), Malaysia ($86.4M), and South Korea ($51.8M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electric Heaters EXPORT MARKETS FOR Japan WERE (2022 - 2023):
Belgium$14.3M (3.4k%)
Saudi Arabia$2.71M (140%)
India$2.2M (39.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Heaters BY Japan WERE (2022 - 2023):
United States-$45.4M (-29.6%)
China-$13.8M (-7.8%)
Mexico-$10.1M (-74.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Japan's main exporting competitors in Electric Heaters were:
Germany $4.19B
Italy $2.87B
In 2023, Japan's main importing competitors in Electric Heaters were:

Explore Visualizations

Trade Value of Electric Heaters by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $57.7M
TOP IMPORT POTENTIALChina+ $242M

Electric Heaters’s highest export potential is United States. With an export gap of $57.7M.   Electric Heaters’s highest import potential is China with an import gap of $242M.

See methodology.

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