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2022
Exports $593MWorld Rnk 22 / 215
Flag Rnk 132 / 1216
2022
Destination $13M Ireland
2021 - 2022
FASTEST GROWING MARKET $13MJapan
2022
PRODUCT COMPLEXITY IN Electric Heaters0.46Rnk 379 / 1025
2022
Imports $2.83BWorld Rnk 4 / 224
Flag Rnk 43 / 1214
2022
Origin $42.2M China
2021 - 2022
FASTEST GROWING ORIGIN $42.2MChina
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $593M in Electric Heaters, making it the 22nd largest exporter of Electric Heaters in the world. At the same year, Electric Heaters was the 132nd most exported product in United Kingdom. The main destination of Electric Heaters exports from United Kingdom are: Ireland ($132M), Germany ($111M), United States ($48.4M), Sweden ($30.5M), and France ($30.5M).

The fastest growing export markets for Electric Heaters of United Kingdom between 2021 and 2022 were Japan ($13M), China ($10.1M), and United States ($5.63M).

Imports In 2022, United Kingdom imported $2.83B in Electric Heaters, becoming the 4th largest importer of Electric Heaters in the world. At the same year, Electric Heaters was the 43rd most imported product in United Kingdom. United Kingdom imports Electric Heaters primarily from: China ($1.51B), Germany ($284M), Turkey ($162M), Poland ($151M), and Italy ($129M).

The fastest growing import markets in Electric Heaters for United Kingdom between 2021 and 2022 were China ($42.2M), Malaysia ($14.8M), and Ukraine ($14.2M).

COMPANIES In 2023, leading companies such as Amazon (2), Parker (1), and Hafele (1) were at the forefront of shipping Electric Heaters from United Kingdom to the United States.

Latest Trends

August 2024

About

Overview In August 2024 United Kingdom's Electric Heaters exports accounted up to £31.9M and imports accounted up to £177M, resulting in a negative trade balance of £146M. Between August 2023 and August 2024 the exports of United Kingdom's   Electric Heaters have decreased by £-3.76M (-10.5%) from £35.7M to £31.9M, while imports decreased by £-26M (-12.8%) from £203M to £177M.

Destinations In August 2024, Electric Heaters were exported mostly to Ireland (£8.96M), Germany (£4.33M), United States (£3.76M), France (£2.36M), and Netherlands (£1.27M), and were imported mostly from China (£96.1M), Germany (£15.9M), Turkey (£12.6M), Netherlands (£8.3M), and Poland (£6.03M).

Growth In August 2024, the decrease in Electric Heaters's year-by-year exports was explained primarily by a decrease in exports to South Korea (£-893k or -84.1%), Canada (£-631k or -72.6%), and Australia (£-415k or -39.9%). In August 2024, the decrease in Electric Heaters's year-by-year imports was explained primarily by a decrease in imports from Malaysia (£-5.07M or -62.6%), Hong Kong (£-4.63M or -61.7%), and Poland (£-3.4M or -35.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)£-3.76M(-10.5%)
IMPORT GROWTH (August 2023 - August 2024)£-26M(-12.8%)
MAIN EXPORTER (August 2024)Dover Eurotunnel£8.14M
MAIN DESTINATION (August 2024)Ireland£8.96M

This section shows Electric Heaters's exports and imports data at subnational level for United Kingdom. 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)$593M
IMPORTS (2022)$2.83B
NET TRADE (2022)-$2.24B

In 2022, United Kingdom exported $593M in Electric Heaters. The main destinations of United Kingdom exports on Electric Heaters were Ireland ($132M), Germany ($111M), United States ($48.4M), Sweden ($30.5M), and France ($30.5M).

In 2022, United Kingdom imported $2.83B in Electric Heaters, mainly from China ($1.51B), Germany ($284M), Turkey ($162M), Poland ($151M), and Italy ($129M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Heaters EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Japan$13M (226%)
China$10.1M (143%)
United States$5.63M (13.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Heaters BY United Kingdom WERE (2021 - 2022):
Ireland-$12.2M (-8.41%)
Russia-$8.83M (-92.2%)
Australia-$4.94M (-24.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United Kingdom's main exporting competitors in Electric Heaters were:
China $31.5B
Germany $5.3B
Italy $2.96B
In 2022, United Kingdom'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+ $44.8M
TOP IMPORT POTENTIALGermany+ $92.3M

Electric Heaters’s highest export potential is United States. With an export gap of $44.8M.   Electric Heaters’s highest import potential is Germany with an import gap of $92.3M.

See methodology.

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