2023
Exports
$332MWorld Rnk 29 / 216
Flag Rnk 47 / 1213
2023
PRODUCT COMPLEXITY IN Electric Heaters
0.45Rnk 380 / 1025
2023
Imports
$376MWorld Rnk 39 / 225
Flag Rnk 62 / 1211
2023
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 132

About

Exports In 2023, Portugal exported $332M in Electric Heaters, making it the 29th largest exporter of Electric Heaters in the world. At the same year, Electric Heaters was the 47th most exported product in Portugal. The main destination of Electric Heaters exports from Portugal are: Germany ($127M), Switzerland ($64.8M), Spain ($19.9M), United States ($15.1M), and Italy ($12.3M).

The fastest growing export markets for Electric Heaters of Portugal between 2022 and 2023 were Italy ($1.63M), Kazakhstan ($748k), and Israel ($736k).

Imports In 2023, Portugal imported $376M in Electric Heaters, becoming the 39th largest importer of Electric Heaters in the world. At the same year, Electric Heaters was the 62nd most imported product in Portugal. Portugal imports Electric Heaters primarily from: Spain ($166M), China ($77.4M), France ($23.3M), Germany ($20.4M), and Italy ($19.7M).

The fastest growing import markets in Electric Heaters for Portugal between 2022 and 2023 were Spain ($23.5M), Turkey ($5.59M), and Finland ($2.32M).

COMPANIES In 2023, leading companies such as Robert Bosch (1) and IKEA Group (1) were at the forefront of shipping Electric Heaters from Portugal to the United States.

Latest Trends

Dec 2024

Subnational Monthly Trade

View
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.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$332M
IMPORTS (2023)$376M
NET TRADE (2023)-$44.5M

In 2023, Portugal exported $332M in Electric Heaters. The main destinations of Portugal exports on Electric Heaters were Germany ($127M), Switzerland ($64.8M), Spain ($19.9M), United States ($15.1M), and Italy ($12.3M).

In 2023, Portugal imported $376M in Electric Heaters, mainly from Spain ($166M), China ($77.4M), France ($23.3M), Germany ($20.4M), and Italy ($19.7M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electric Heaters EXPORT MARKETS FOR Portugal WERE (2022 - 2023):
Italy$1.63M (15.3%)
Kazakhstan$748k (28.6k%)
Israel$736k (83.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Heaters BY Portugal WERE (2022 - 2023):
Switzerland-$19M (-22.7%)
Poland-$9.55M (-55.9%)
Germany-$8.12M (-6.03%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Portugal's main exporting competitors in Electric Heaters were:
Germany $4.19B
Italy $2.87B
In 2023, Portugal'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+ $21.9M
TOP IMPORT POTENTIALChina+ $37.8M

Electric Heaters’s highest export potential is United States. With an export gap of $21.9M.   Electric Heaters’s highest import potential is China with an import gap of $37.8M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with