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2023
Exports $29BWorld Rnk 1 / 216
Flag Rnk 17 / 1215
2023
Destination $360M United States
2022 - 2023
FASTEST GROWING MARKET $360MRussia
2023
PRODUCT COMPLEXITY IN Electric Heaters0.45Rnk 380 / 1025
2023
Imports $1.06BWorld Rnk 14 / 225
Flag Rnk 210 / 1214
2023
Origin $22.7M Germany
2022 - 2023
FASTEST GROWING ORIGIN $22.7MUnited States
2023
ECONOMIC COMPLEXITY of China1.16Rnk 21 / 132

About

Exports In 2023, China exported $29B in Electric Heaters, making it the 1st largest exporter of Electric Heaters in the world. At the same year, Electric Heaters was the 17th most exported product in China. The main destination of Electric Heaters exports from China are: United States ($6.32B), Germany ($1.93B), United Kingdom ($1.69B), Japan ($1.56B), and Russia ($1.28B).

The fastest growing export markets for Electric Heaters of China between 2022 and 2023 were Russia ($360M), Turkey ($256M), and Vietnam ($165M).

Imports In 2023, China imported $1.06B in Electric Heaters, becoming the 14th largest importer of Electric Heaters in the world. At the same year, Electric Heaters was the 210th most imported product in China. China imports Electric Heaters primarily from: Germany ($180M), Japan ($163M), United States ($119M), South Korea ($111M), and Malaysia ($104M).

The fastest growing import markets in Electric Heaters for China between 2022 and 2023 were United States ($22.7M), United Arab Emirates ($10.4M), and South Korea ($9.25M).

COMPANIES In 2024, leading companies such as CrimsonLogic (6.25k), Itourscm (2.1k), and Ameziel (1.03k) were at the forefront of shipping Electric Heaters from China to the United States.

Latest Trends

December 2024

About

Overview In December 2024 China's Electric Heaters exports accounted up to $2.78B and imports accounted up to $114M, resulting in a positive trade balance of $2.66B. Between December 2023 and December 2024 the exports of China's   Electric Heaters have increased by $383M (16%) from $2.39B to $2.78B, while imports increased by $5.41M (5.01%) from $108M to $114M.

Destinations In December 2024, Electric Heaters were exported mostly to United States ($616M), Japan ($158M), Russia ($133M), United Kingdom ($105M), and Germany ($97.8M), and were imported mostly from United States ($13.3M), Japan ($12M), South Korea ($11.8M), Germany ($9.5M), and Malaysia ($9.23M).

Growth In December 2024, the increase in Electric Heaters's year-by-year exports was explained primarily by an increase in exports to United States ($72.7M or 13.2%), Vietnam ($45.2M or 126%), and South Korea ($28.2M or 49.3%). In December 2024, the increase in Electric Heaters's year-by-year imports was explained primarily by an increase in imports from Philippines ($9.14M or 1.16k%), Vietnam ($1.73M or 261%), and Portugal ($1.52M or 192%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$383M(16%)
IMPORT GROWTH (December 2023 - December 2024)$5.41M(5.01%)
MAIN EXPORTER (December 2024)Guangdong Province$1.45B
MAIN DESTINATION (December 2024)United States$616M

This section shows Electric Heaters's exports and imports data at subnational level for China. 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)$29B
IMPORTS (2023)$1.06B
NET TRADE (2023)$28B

In 2023, China exported $29B in Electric Heaters. The main destinations of China exports on Electric Heaters were United States ($6.32B), Germany ($1.93B), United Kingdom ($1.69B), Japan ($1.56B), and Russia ($1.28B).

In 2023, China imported $1.06B in Electric Heaters, mainly from Germany ($180M), Japan ($163M), United States ($119M), South Korea ($111M), and Malaysia ($104M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electric Heaters EXPORT MARKETS FOR China WERE (2022 - 2023):
Russia$360M (39%)
Turkey$256M (81.6%)
Vietnam$165M (29.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Heaters BY China WERE (2022 - 2023):
United States-$939M (-12.9%)
Netherlands-$308M (-35.7%)
Germany-$291M (-13.1%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Electric Heaters were:
Germany $4.19B
Italy $2.87B
In 2023, China's main importing competitors in Electric Heaters were:
United States $11.5B
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 POTENTIALRussia+ $377M
TOP IMPORT POTENTIALGermany+ $63.6M

Electric Heaters’s highest export potential is Russia. With an export gap of $377M.   Electric Heaters’s highest import potential is Germany with an import gap of $63.6M.

See methodology.

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