2022
Exports
$1.39BWorld Rnk 11 / 215
Flag Rnk 44 / 1211
2022
PRODUCT COMPLEXITY IN Electric Heaters
0.46Rnk 379 / 1025
2022
Imports
$810MWorld Rnk 23 / 224
Flag Rnk 71 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $1.39B in Electric Heaters, making it the 11th largest exporter of Electric Heaters in the world. At the same year, Electric Heaters was the 44th most exported product in Thailand. The main destination of Electric Heaters exports from Thailand are: United States ($762M), Japan ($223M), Canada ($114M), Vietnam ($48.1M), and Australia ($41.7M).

The fastest growing export markets for Electric Heaters of Thailand between 2021 and 2022 were United States ($112M), Australia ($18.8M), and Vietnam ($11.3M).

Imports In 2022, Thailand imported $810M in Electric Heaters, becoming the 23rd largest importer of Electric Heaters in the world. At the same year, Electric Heaters was the 71st most imported product in Thailand. Thailand imports Electric Heaters primarily from: China ($622M), Malaysia ($41.1M), Vietnam ($35.1M), Japan ($19.3M), and Germany ($17.5M).

The fastest growing import markets in Electric Heaters for Thailand between 2021 and 2022 were China ($34.5M), Malaysia ($12.7M), and United States ($4.03M).

COMPANIES In 2023, leading companies such as Electrolux (23), Samsung (7), and BSH Home Appliances (1) were at the forefront of shipping Electric Heaters from Thailand to the United States.

Latest Trends

Sep 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 (2022)$1.39B
IMPORTS (2022)$810M
NET TRADE (2022)$576M

In 2022, Thailand exported $1.39B in Electric Heaters. The main destinations of Thailand exports on Electric Heaters were United States ($762M), Japan ($223M), Canada ($114M), Vietnam ($48.1M), and Australia ($41.7M).

In 2022, Thailand imported $810M in Electric Heaters, mainly from China ($622M), Malaysia ($41.1M), Vietnam ($35.1M), Japan ($19.3M), and Germany ($17.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Heaters EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
United States$112M (17.2%)
Australia$18.8M (81.9%)
Vietnam$11.3M (30.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Heaters BY Thailand WERE (2021 - 2022):
Japan-$5.62M (-2.46%)
China-$4.59M (-26.5%)
South Africa-$4.41M (-63%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Electric Heaters were:
China $31.5B
Italy $2.96B
In 2022, Thailand'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 Kingdom+ $22.2M
TOP IMPORT POTENTIALChina+ $76.5M

Electric Heaters’s highest export potential is United Kingdom. With an export gap of $22.2M.   Electric Heaters’s highest import potential is China with an import gap of $76.5M.

See methodology.

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