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2023
Exports $1.6BWorld Rnk 8 / 216
Flag Rnk 186 / 1217
2023
Destination $37.5M Canada
2022 - 2023
FASTEST GROWING MARKET $37.5MCanada
2023
PRODUCT COMPLEXITY IN Electric Heaters0.45Rnk 380 / 1025
2023
Imports $11.5BWorld Rnk 1 / 225
Flag Rnk 52 / 1215
2023
Origin $143M China
2022 - 2023
FASTEST GROWING ORIGIN $143MMexico
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $1.6B in Electric Heaters, making it the 8th largest exporter of Electric Heaters in the world. At the same year, Electric Heaters was the 186th most exported product in United States. The main destination of Electric Heaters exports from United States are: Canada ($510M), Mexico ($333M), China ($119M), South Korea ($59.3M), and Germany ($53.1M).

The fastest growing export markets for Electric Heaters of United States between 2022 and 2023 were Canada ($37.5M), China ($22.7M), and South Korea ($22.4M).

Imports In 2023, United States imported $11.5B in Electric Heaters, becoming the 1st largest importer of Electric Heaters in the world. At the same year, Electric Heaters was the 52nd most imported product in United States. United States imports Electric Heaters primarily from: China ($6.32B), Mexico ($1.93B), Thailand ($628M), Malaysia ($325M), and South Korea ($259M).

The fastest growing import markets in Electric Heaters for United States between 2022 and 2023 were Mexico ($143M), Singapore ($126M), and Philippines ($40.5M).

COMPANIES In 2023, leading companies such as You Hao Trading (1.37k), Conair (990), and Ameziel (875) were at the forefront of shipping Electric Heaters to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United States' Electric Heaters exports accounted up to $175M and imports accounted up to $1.11B, resulting in a negative trade balance of $935M. Between November 2023 and November 2024 the exports of United States'   Electric Heaters have increased by $21.4M (14%) from $153M to $175M, while imports increased by $138M (14.1%) from $972M to $1.11B.

Destinations In November 2024, Electric Heaters were exported mostly to Canada ($68.8M), Mexico ($38.3M), China ($9.06M), Singapore ($4.67M), and Netherlands ($4.12M), and were imported mostly from China ($622M), Mexico ($202M), Malaysia ($36.1M), Thailand ($29.4M), and South Korea ($25.6M).

Growth In November 2024, the increase in Electric Heaters's year-by-year exports was explained primarily by an increase in exports to China ($2.43M or 70.8%), Canada ($2.32M or 3.97%), and Ireland ($2.05M or 509%). In November 2024, the increase in Electric Heaters's year-by-year imports was explained primarily by an increase in imports from Thailand ($7.3M or 15.5%), Canada ($5.95M or 49.9%), and Philippines ($4.04M or 54.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$21.4M(14%)
IMPORT GROWTH (November 2023 - November 2024)$138M(14.1%)
MAIN EXPORTER (November 2024)California$27.6M
MAIN DESTINATION (November 2024)Canada$68.8M

This section shows Electric Heaters's exports and imports data at subnational level for United States. 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)$1.6B
IMPORTS (2023)$11.5B
NET TRADE (2023)-$9.92B

In 2023, United States exported $1.6B in Electric Heaters. The main destinations of United States exports on Electric Heaters were Canada ($510M), Mexico ($333M), China ($119M), South Korea ($59.3M), and Germany ($53.1M).

In 2023, United States imported $11.5B in Electric Heaters, mainly from China ($6.32B), Mexico ($1.93B), Thailand ($628M), Malaysia ($325M), and South Korea ($259M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electric Heaters EXPORT MARKETS FOR United States WERE (2022 - 2023):
Canada$37.5M (7.95%)
China$22.7M (23.6%)
South Korea$22.4M (60.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Heaters BY United States WERE (2022 - 2023):
Singapore-$9.31M (-19.3%)
Chinese Taipei-$7.47M (-25.4%)
Kuwait-$4.76M (-35.1%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Electric Heaters were:
China $29B
Germany $4.19B
Italy $2.87B
In 2023, United States's main importing competitors in Electric Heaters were:
Germany $5.48B
United Kingdom $3.02B

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Trade Value of Electric Heaters by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $37.7M
TOP IMPORT POTENTIALMexico+ $258M

Electric Heaters’s highest export potential is Germany. With an export gap of $37.7M.   Electric Heaters’s highest import potential is Mexico with an import gap of $258M.

See methodology.

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