Electric Heaters in Philippines | The Observatory of Economic Complexity

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Exports In 2022, Philippines exported $841M in Electric Heaters, making it the 14th largest exporter of Electric Heaters in the world. At the same year, Electric Heaters was the 19th most exported product in Philippines. The main destination of Electric Heaters exports from Philippines are: Germany ($219M), Netherlands ($117M), United States ($106M), France ($81M), and Canada ($59M).

The fastest growing export markets for Electric Heaters of Philippines between 2021 and 2022 were Germany ($177M), France ($45.6M), and United States ($44.7M).

Imports In 2022, Philippines imported $527M in Electric Heaters, becoming the 33rd largest importer of Electric Heaters in the world. At the same year, Electric Heaters was the 71st most imported product in Philippines. Philippines imports Electric Heaters primarily from: China ($444M), Malaysia ($26.1M), Germany ($8.47M), Italy ($8.14M), and Thailand ($6.37M).

The fastest growing import markets in Electric Heaters for Philippines between 2021 and 2022 were China ($114M), Malaysia ($8.72M), and Germany ($5.09M).

COMPANIES In 2020, leading companies such as were at the forefront of shipping Electric Heaters from Philippines to the United States.

Latest Trends

August 2021

About

Overview In August 2021 Philippines' Electric Heaters exports accounted up to $4.43M and imports accounted up to $17.6M, resulting in a negative trade balance of $13.2M. Between August 2020 and August 2021 the exports of Philippines' Electric Heaters have increased by $1.66M (59.8%) from $2.77M to $4.43M, while imports increased by $3.43M (24.2%) from $14.2M to $17.6M.

Destinations In August 2021, Electric Heaters were exported mostly to Sierra Leone ($1.25M), Germany ($892k), Japan ($773k), Sweden ($581k), and South Korea ($228k), and were imported mostly from China ($12.2M), Italy ($1.28M), Malaysia ($1.03M), Thailand ($507k), and Turkey ($422k).

Growth In August 2021, the increase in Electric Heaters's year-by-year exports was explained primarily by an increase in exports to France ($600k or 1.74k%), Saudi Arabia ($314k or 470%), and United States ($294k or 175%). In August 2021, the increase in Electric Heaters's year-by-year imports was explained primarily by an increase in imports from Malaysia ($1.24M or 81.2%), China ($1.03M or 10.3%), and Chinese Taipei ($1M or 786%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (August 2020 - August 2021)$1.66M(59.8%)

IMPORT GROWTH (August 2020 - August 2021)$3.43M(24.2%)

MAIN DESTINATION (August 2021)Sierra Leone$1.25M

This section shows Electric Heaters's exports and imports data at subnational level for Philippines. 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

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$841M

IMPORTS (2022)$527M

NET TRADE (2022)$314M

In 2022, Philippines exported $841M in Electric Heaters. The main destinations of Philippines exports on Electric Heaters were Germany ($219M), Netherlands ($117M), United States ($106M), France ($81M), and Canada ($59M).

In 2022, Philippines imported $527M in Electric Heaters, mainly from China ($444M), Malaysia ($26.1M), Germany ($8.47M), Italy ($8.14M), and Thailand ($6.37M).

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