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2022
Exports $13.9MWorld Rnk 61 / 215
Flag Rnk 206 / 1142
2022
Destination $665k Bolivia
2021 - 2022
FASTEST GROWING MARKET $665kBolivia
2022
PRODUCT COMPLEXITY IN Electric Heaters0.46Rnk 379 / 1025
2022
Imports $276MWorld Rnk 47 / 224
Flag Rnk 67 / 1203
2022
Origin $4.45M China
2021 - 2022
FASTEST GROWING ORIGIN $4.45MGermany
2022
ECONOMIC COMPLEXITY of Chile-0.18Rnk 74 / 133

About

Exports In 2022, Chile exported $13.9M in Electric Heaters, making it the 61st largest exporter of Electric Heaters in the world. At the same year, Electric Heaters was the 206th most exported product in Chile. The main destination of Electric Heaters exports from Chile are: Bolivia ($7.79M), Peru ($2.12M), Paraguay ($1.4M), United States ($563k), and Uruguay ($448k).

The fastest growing export markets for Electric Heaters of Chile between 2021 and 2022 were Bolivia ($665k), United States ($547k), and Peru ($540k).

Imports In 2022, Chile imported $276M in Electric Heaters, becoming the 47th largest importer of Electric Heaters in the world. At the same year, Electric Heaters was the 67th most imported product in Chile. Chile imports Electric Heaters primarily from: China ($225M), Germany ($8.72M), Malaysia ($6.45M), Spain ($5.77M), and United States ($4.16M).

The fastest growing import markets in Electric Heaters for Chile between 2021 and 2022 were Germany ($4.45M), Mexico ($1.07M), and Malaysia ($1.03M).

Latest Trends

September 2024

About

Overview In September 2024 Chile's Electric Heaters exports accounted up to $308k and imports accounted up to $4.66M, resulting in a negative trade balance of $4.36M. Between September 2023 and September 2024 the exports of Chile's   Electric Heaters have increased by $19.6k (6.8%) from $288k to $308k, while imports decreased by $-770k (-14.2%) from $5.43M to $4.66M.

Destinations In September 2024, Electric Heaters were exported mostly to Argentina ($131k), Uruguay ($110k), Peru ($31.6k), Bolivia ($13k), and United States ($11.1k), and were imported mostly from China ($1.01M), Chile ($809k), United States ($745k), Brazil ($324k), and Canada ($247k).

Growth In September 2024, the increase in Electric Heaters's year-by-year exports was explained primarily by an increase in exports to Peru ($71.5k or 346%), Uruguay ($3.48k or 80%), and Argentina ($1.2k or 16.5%). In September 2024, the decrease in Electric Heaters's year-by-year imports was explained primarily by a decrease in imports from China ($-10.4M or -97.1%), United States ($-752k or -47%), and Singapore ($-689k or -99.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$19.6k(6.8%)
IMPORT GROWTH (September 2023 - September 2024)$-770k(-14.2%)
MAIN EXPORTER (September 2024)Las Condes$255k
MAIN DESTINATION (September 2024)Argentina$131k

This section shows Electric Heaters's exports and imports data at subnational level for Chile. 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 (2022)$13.9M
IMPORTS (2022)$276M
NET TRADE (2022)-$262M

In 2022, Chile exported $13.9M in Electric Heaters. The main destinations of Chile exports on Electric Heaters were Bolivia ($7.79M), Peru ($2.12M), Paraguay ($1.4M), United States ($563k), and Uruguay ($448k).

In 2022, Chile imported $276M in Electric Heaters, mainly from China ($225M), Germany ($8.72M), Malaysia ($6.45M), Spain ($5.77M), and United States ($4.16M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Heaters EXPORT MARKETS FOR Chile WERE (2021 - 2022):
Bolivia$665k (9.34%)
United States$547k (3.33k%)
Peru$540k (34.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Heaters BY Chile WERE (2021 - 2022):
Brazil-$160k (-77.6%)
Ecuador-$131k (-31.2%)
Ireland-$111k (-97%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Chile's main exporting competitors in Electric Heaters were:
China $31.5B
Germany $5.3B
Italy $2.96B
In 2022, Chile's main importing competitors in Electric Heaters were:
United States $12.8B
Germany $6.24B
France $3.15B

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Trade Value of Electric Heaters by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.51M
TOP IMPORT POTENTIALGermany+ $6.41M

Electric Heaters’s highest export potential is United States. With an export gap of $1.51M.   Electric Heaters’s highest import potential is Germany with an import gap of $6.41M.

See methodology.

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