2023
Exports
$60.8MWorld Rnk 48 / 216
Flag Rnk 150 / 1199
2023
PRODUCT COMPLEXITY IN Electric Heaters
0.45Rnk 380 / 1025
2023
Imports
$351MWorld Rnk 40 / 225
Flag Rnk 62 / 1207
2023
ECONOMIC COMPLEXITY of Norway
0.47Rnk 44 / 132

About

Exports In 2023, Norway exported $60.8M in Electric Heaters, making it the 48th largest exporter of Electric Heaters in the world. At the same year, Electric Heaters was the 150th most exported product in Norway. The main destination of Electric Heaters exports from Norway are: United Kingdom ($14M), Belgium ($12M), Sweden ($7.39M), Finland ($3.33M), and Germany ($3.11M).

The fastest growing export markets for Electric Heaters of Norway between 2022 and 2023 were Belgium ($6.83M), United Kingdom ($3.52M), and Denmark ($1.24M).

Imports In 2023, Norway imported $351M in Electric Heaters, becoming the 40th largest importer of Electric Heaters in the world. At the same year, Electric Heaters was the 62nd most imported product in Norway. Norway imports Electric Heaters primarily from: China ($113M), Germany ($39M), Sweden ($33M), Poland ($25.3M), and Italy ($21.8M).

The fastest growing import markets in Electric Heaters for Norway between 2022 and 2023 were Germany ($18.6M), Czechia ($1.7M), and Lithuania ($1.46M).

COMPANIES In 2024, leading companies such as Costco Wholesale (11), Office Star Products (2), and Tmall (1) were at the forefront of shipping Electric Heaters from Norway 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)$60.8M
IMPORTS (2023)$351M
NET TRADE (2023)-$290M

In 2023, Norway exported $60.8M in Electric Heaters. The main destinations of Norway exports on Electric Heaters were United Kingdom ($14M), Belgium ($12M), Sweden ($7.39M), Finland ($3.33M), and Germany ($3.11M).

In 2023, Norway imported $351M in Electric Heaters, mainly from China ($113M), Germany ($39M), Sweden ($33M), Poland ($25.3M), and Italy ($21.8M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electric Heaters EXPORT MARKETS FOR Norway WERE (2022 - 2023):
Belgium$6.83M (132%)
United Kingdom$3.52M (33.6%)
Denmark$1.24M (76.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Heaters BY Norway WERE (2022 - 2023):
Sweden-$2.83M (-27.7%)
Poland-$1.7M (-67%)
Finland-$1.69M (-33.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Norway's main exporting competitors in Electric Heaters were:
Germany $4.19B
Italy $2.87B
In 2023, Norway'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+ $3.71M
TOP IMPORT POTENTIALChina+ $40.2M

Electric Heaters’s highest export potential is United States. With an export gap of $3.71M.   Electric Heaters’s highest import potential is China with an import gap of $40.2M.

See methodology.

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