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2023
Exports $503MWorld Rnk 22 / 216
Flag Rnk 138 / 1216
2023
Destination $12M Ireland
2022 - 2023
FASTEST GROWING MARKET $12MIreland
2023
PRODUCT COMPLEXITY IN Electric Heaters0.45Rnk 380 / 1025
2023
Imports $3.02BWorld Rnk 3 / 225
Flag Rnk 39 / 1214
2023
Origin $95.3M China
2022 - 2023
FASTEST GROWING ORIGIN $95.3MChina
2023
ECONOMIC COMPLEXITY of United Kingdom1.5Rnk 11 / 132

About

Exports In 2023, United Kingdom exported $503M in Electric Heaters, making it the 22nd largest exporter of Electric Heaters in the world. At the same year, Electric Heaters was the 138th most exported product in United Kingdom. The main destination of Electric Heaters exports from United Kingdom are: Ireland ($104M), Germany ($90.6M), United States ($45.3M), Netherlands ($34M), and France ($24.2M).

The fastest growing export markets for Electric Heaters of United Kingdom between 2022 and 2023 were Ireland ($12M), Netherlands ($10.8M), and China ($3.5M).

Imports In 2023, United Kingdom imported $3.02B in Electric Heaters, becoming the 3rd largest importer of Electric Heaters in the world. At the same year, Electric Heaters was the 39th most imported product in United Kingdom. United Kingdom imports Electric Heaters primarily from: China ($1.69B), Germany ($237M), Turkey ($179M), Poland ($144M), and Italy ($132M).

The fastest growing import markets in Electric Heaters for United Kingdom between 2022 and 2023 were China ($95.3M), Romania ($15.9M), and Netherlands ($4.73M).

Latest Trends

December 2024

About

Overview In December 2024 United Kingdom's Electric Heaters exports accounted up to £34.9M and imports accounted up to £173M, resulting in a negative trade balance of £138M. Between December 2023 and December 2024 the exports of United Kingdom's   Electric Heaters have decreased by £-2.24M (-6.03%) from £37.2M to £34.9M, while imports increased by £6.2M (3.71%) from £167M to £173M.

Destinations In December 2024, Electric Heaters were exported mostly to Ireland (£11.6M), Germany (£4.19M), United States (£3.44M), Netherlands (£2.04M), and France (£1.92M), and were imported mostly from China (£86.7M), Germany (£13.1M), Turkey (£8.93M), Netherlands (£8.33M), and Italy (£8.33M).

Growth In December 2024, the decrease in Electric Heaters's year-by-year exports was explained primarily by a decrease in exports to Ireland (£-1.9M or -16.1%), Germany (£-838k or -13.5%), and Netherlands (£-626k or -28.7%). In December 2024, the increase in Electric Heaters's year-by-year imports was explained primarily by an increase in imports from Poland (£2.93M or 47.2%), Turkey (£2.61M or 24.4%), and Germany (£2.15M or 16.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)£-2.24M(-6.03%)
IMPORT GROWTH (December 2023 - December 2024)£6.2M(3.71%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)Ireland£11.6M

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 (2023)$503M
IMPORTS (2023)$3.02B
NET TRADE (2023)-$2.52B

In 2023, United Kingdom exported $503M in Electric Heaters. The main destinations of United Kingdom exports on Electric Heaters were Ireland ($104M), Germany ($90.6M), United States ($45.3M), Netherlands ($34M), and France ($24.2M).

In 2023, United Kingdom imported $3.02B in Electric Heaters, mainly from China ($1.69B), Germany ($237M), Turkey ($179M), Poland ($144M), and Italy ($132M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electric Heaters EXPORT MARKETS FOR United Kingdom WERE (2022 - 2023):
Ireland$12M (13.1%)
Netherlands$10.8M (46.7%)
China$3.5M (22.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Heaters BY United Kingdom WERE (2022 - 2023):
Australia-$18.2M (-53.6%)
Germany-$16.9M (-15.7%)
Sweden-$10.3M (-35.9%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United Kingdom's main exporting competitors in Electric Heaters were:
China $29B
Germany $4.19B
Italy $2.87B
In 2023, United Kingdom's main importing competitors in Electric Heaters were:
United States $11.5B
Germany $5.48B

Explore Visualizations

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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