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Heaters; solar water heaters, non-electric

841912 (Harmonized System 2022 for 6-digit)

2023
World Trade $353MRnk 3533 / 5606
2023
Top Exporter | Top Importer $149M | $65.7MChina | Germany
2023
Product Complexity -0.045Rnk 3191 / 5606
2022 - 2023
Export Growth (CAGR) 19.8%Rnk 513 / 5606
2023
Share of World Trade 0.0016%Rnk 3533 / 5606

About

Overview This page contains the latest trade data of Solar water heaters, non-electric. In 2023, Solar water heaters, non-electric were the world's 3533rd most traded product, with a total trade of $353M. Between 2022 and 2023 the exports of Solar water heaters, non-electric grew by 19.8%, from $294M to $353M. Trade in Solar water heaters, non-electric represent 0.0016% of total world trade.

Solar water heaters, non-electric are a part of Other Heating Machinery.

Exports In 2023 the top exporters of Solar water heaters, non-electric  were China ($149M), France ($51.7M), Greece ($50.7M), Austria ($21M), and Germany ($19.8M).

Imports In 2023 the top importers of Solar water heaters, non-electric were Germany ($65.7M), Mexico ($58.3M), Italy ($29M), France ($22.5M), and Romania ($19.4M).

Ranking Solar water heaters, non-electric ranks 3191st in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Solar water heaters, non-electric. 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

Year
Top Origin (2023)China$149M
Top Destination (2023)Germany$65.7M

In 2023 Solar water heaters, non-electric were the world's 3533rd most traded product (out of 5,606).

In 2023, the top exporters of Solar water heaters, non-electric were China ($149M), France ($51.7M), Greece ($50.7M), Austria ($21M), and Germany ($19.8M).

In 2023, the top importers of Solar water heaters, non-electric were Germany ($65.7M), Mexico ($58.3M), Italy ($29M), France ($22.5M), and Romania ($19.4M).

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Exporters of Solar water heaters, non-electric (2023)
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Importers of Solar water heaters, non-electric (2023)
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Market Dynamics

Starting
Ending
Color
Top Origin Growth (2022 -  2023)China$60.1M
Top Destination Growth (2022 -  2023)Mexico$55.9M

Between 2022 and 2023, the exports of Solar water heaters, non-electric grew the fastest in China ($60.1M), Greece ($34.4M), Spain ($2.64M), Portugal ($2.41M), and Tunisia ($1.98M).

Between 2022 and 2023, the fastest growing importers of Solar water heaters, non-electric were Mexico ($55.9M), Italy ($10.9M), France ($7.29M), United Arab Emirates ($4.72M), and Romania ($4.52M).

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Exporters of Solar water heaters, non-electric (2022 - 2023)

Importers of Solar water heaters, non-electric (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Solar water heaters, non-electric.

In 2023, market concentration measured using Shannon Entropy, was 2.94. This means that most of the exports of Solar water heaters, non-electric are explained by 7 countries.

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Value of Exports in Solar water heaters, non-electric

Net Trade

Year
TOP NET EXPORTER (2023)China$149M
TOP NET IMPORTER (2023)Mexico$58.1M

This map shows which countries export or import more of Solar water heaters, non-electric. Each country is colored based on the difference in exports and imports of Solar water heaters, non-electric during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Solar water heaters, non-electric were China ($149M), Greece ($50.3M), France ($29.2M), Austria ($19.3M), and Turkey ($6.23M).

In 2023, the countries that had a largest trade value in imports than in exports of Solar water heaters, non-electric were Mexico ($58.1M), Germany ($45.9M), Italy ($27.4M), Romania ($19.2M), and Morocco ($11.5M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Solar water heaters, non-electric.
It is possible to select the main countries that export or import Solar water heaters, non-electric in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Solar water heaters, non-electric by percentage of total exports

Product Complexity

Diversification Frontier

Specialization
Year

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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