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851680 (Harmonized System 1992 for 6-digit)

2023
World Trade $5.18BRnk 707 / 4644
2023
Top Exporter | Top Importer $869M | $789MChina | United States
2023
Product Complexity 0.83Rnk 1062 / 4656
2022 - 2023
Export Growth (CAGR) -2.99%Rnk 1856 / 4644
2023
Share of World Trade 0.023%Rnk 707 / 4644

About

Overview This page contains the latest trade data of Electric heating resistors. In 2023, Electric heating resistors were the world's 707th most traded product, with a total trade of $5.18B. Between 2022 and 2023 the exports of Electric heating resistors decreased by -2.99%, from $5.34B to $5.18B. Trade in Electric heating resistors represent 0.023% of total world trade.

Electric heating resistors are a part of Electric Heaters.

Exports In 2023 the top exporters of Electric heating resistors  were China ($869M), United States ($619M), Mexico ($505M), Germany ($444M), and Japan ($352M).

Imports In 2023 the top importers of Electric heating resistors were United States ($789M), Germany ($449M), China ($395M), Mexico ($310M), and Japan ($216M).

Ranking Electric heating resistors ranks 1062nd in the Product Complexity Index (PCI).

Description An electric heating resistor is a type of heating element that is used to provide heat for various purposes.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Electric heating resistors. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)China$869M
Top Destination (2023)United States$789M

In 2023 Electric heating resistors were the world's 707th most traded product (out of 4,644).

In 2023, the top exporters of Electric heating resistors were China ($869M), United States ($619M), Mexico ($505M), Germany ($444M), and Japan ($352M).

In 2023, the top importers of Electric heating resistors were United States ($789M), Germany ($449M), China ($395M), Mexico ($310M), and Japan ($216M).

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Exporters of Electric heating resistors (2023)
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Importers of Electric heating resistors (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$49.9M
Top Destination Growth (2022 -  2023)Germany$28.4M

Between 2022 and 2023, the exports of Electric heating resistors grew the fastest in United States ($49.9M), Spain ($26.2M), Finland ($17.8M), Hungary ($13.7M), and Bulgaria ($12.7M).

Between 2022 and 2023, the fastest growing importers of Electric heating resistors were Germany ($28.4M), Romania ($21.5M), Czechia ($18.6M), Mexico ($18.5M), and Belgium ($18.4M).

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Exporters of Electric heating resistors (2022 - 2023)

Importers of Electric heating resistors (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Electric heating resistors.

In 2023, market concentration measured using Shannon Entropy, was 4.42. This means that most of the exports of Electric heating resistors are explained by 21 countries.

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Value of Exports in Electric heating resistors

Net Trade

TOP NET EXPORTER (2023)China$475M
TOP NET IMPORTER (2023)United States$171M

This map shows which countries export or import more of Electric heating resistors. Each country is colored based on the difference in exports and imports of Electric heating resistors during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Electric heating resistors were China ($475M), Mexico ($195M), Vietnam ($164M), Japan ($136M), and Serbia ($106M).

In 2023, the countries that had a largest trade value in imports than in exports of Electric heating resistors were United States ($171M), Canada ($124M), Indonesia ($113M), Turkey ($85M), and Thailand ($62.4M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Electric heating resistors.
It is possible to select the main countries that export or import Electric heating resistors in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Electric heating resistors by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

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