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2022
Exports $31.5BWorld Rnk 1 / 215
Flag Rnk 19 / 1216
2022
Destination $114M United States
2021 - 2022
FASTEST GROWING MARKET $114MPhilippines
2022
PRODUCT COMPLEXITY IN Electric Heaters0.46Rnk 379 / 1025
2022
Imports $1.16BWorld Rnk 14 / 224
Flag Rnk 196 / 1212
2022
Origin $24.5M Germany
2021 - 2022
FASTEST GROWING ORIGIN $24.5MSingapore
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $31.5B in Electric Heaters, making it the 1st largest exporter of Electric Heaters in the world. At the same year, Electric Heaters was the 19th most exported product in China. The main destination of Electric Heaters exports from China are: United States ($7.68B), Japan ($1.94B), Germany ($1.85B), United Kingdom ($1.51B), and Russia ($924M).

The fastest growing export markets for Electric Heaters of China between 2021 and 2022 were Philippines ($114M), Turkey ($95.8M), and Vietnam ($91.4M).

Imports In 2022, China imported $1.16B in Electric Heaters, becoming the 14th largest importer of Electric Heaters in the world. At the same year, Electric Heaters was the 196th most imported product in China. China imports Electric Heaters primarily from: Germany ($201M), Malaysia ($152M), Japan ($131M), South Korea ($105M), and United States ($71.8M).

The fastest growing import markets in Electric Heaters for China between 2021 and 2022 were Singapore ($24.5M), Ukraine ($21.2M), and Germany ($19.8M).

COMPANIES In 2023, leading companies such as You Hao Trading (1.37k), Conair (930), and Ameziel (872) were at the forefront of shipping Electric Heaters from China to the United States.

Latest Trends

October 2024

About

Overview In October 2024 China's Electric Heaters exports accounted up to $2.9B and imports accounted up to $112M, resulting in a positive trade balance of $2.79B. Between October 2023 and October 2024 the exports of China's   Electric Heaters have increased by $417M (16.8%) from $2.49B to $2.9B, while imports decreased by $-12.2M (-9.81%) from $124M to $112M.

Destinations In October 2024, Electric Heaters were exported mostly to United States ($717M), Japan ($173M), Russia ($165M), United Kingdom ($134M), and Germany ($107M), and were imported mostly from Philippines ($15.7M), Malaysia ($13.3M), Germany ($12.6M), Japan ($10.7M), and China ($8.82M).

Growth In October 2024, the increase in Electric Heaters's year-by-year exports was explained primarily by an increase in exports to United Kingdom ($37.9M or 36.4%), Turkey ($33.4M or 208%), and Singapore ($22.9M or 150%). In October 2024, the decrease in Electric Heaters's year-by-year imports was explained primarily by a decrease in imports from Malaysia ($-15.9M or -24.3%), Japan ($-7.83M or -44.9%), and China ($-3.86M or -43.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$417M(16.8%)
IMPORT GROWTH (October 2023 - October 2024)$-12.2M(-9.81%)
MAIN EXPORTER (October 2024)Guangdong Province$1.45B
MAIN DESTINATION (October 2024)United States$717M

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 (2022)$31.5B
IMPORTS (2022)$1.16B
NET TRADE (2022)$30.3B

In 2022, China exported $31.5B in Electric Heaters. The main destinations of China exports on Electric Heaters were United States ($7.68B), Japan ($1.94B), Germany ($1.85B), United Kingdom ($1.51B), and Russia ($924M).

In 2022, China imported $1.16B in Electric Heaters, mainly from Germany ($201M), Malaysia ($152M), Japan ($131M), South Korea ($105M), and United States ($71.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Heaters EXPORT MARKETS FOR China WERE (2021 - 2022):
Philippines$114M (34.4%)
Turkey$95.8M (51.2%)
Vietnam$91.4M (12.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Heaters BY China WERE (2021 - 2022):
United States-$580M (-7.02%)
Russia-$248M (-21.1%)
Hong Kong-$153M (-29.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Electric Heaters were:
Germany $5.3B
Italy $2.96B
In 2022, China'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 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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