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2023
Exports $2.87BWorld Rnk 3 / 216
Flag Rnk 44 / 1216
2023
Destination $8.75M France
2022 - 2023
FASTEST GROWING MARKET $8.75MUkraine
2023
PRODUCT COMPLEXITY IN Electric Heaters0.45Rnk 380 / 1025
2023
Imports $2.23BWorld Rnk 5 / 225
Flag Rnk 57 / 1213
2023
Origin $49.5M China
2022 - 2023
FASTEST GROWING ORIGIN $49.5MRomania
2023
ECONOMIC COMPLEXITY of Italy1.29Rnk 18 / 132

About

Exports In 2023, Italy exported $2.87B in Electric Heaters, making it the 3rd largest exporter of Electric Heaters in the world. At the same year, Electric Heaters was the 44th most exported product in Italy. The main destination of Electric Heaters exports from Italy are: France ($328M), Germany ($325M), United States ($239M), Poland ($195M), and Romania ($160M).

The fastest growing export markets for Electric Heaters of Italy between 2022 and 2023 were Ukraine ($8.75M), United Arab Emirates ($8.46M), and China ($8.22M).

Imports In 2023, Italy imported $2.23B in Electric Heaters, becoming the 5th largest importer of Electric Heaters in the world. At the same year, Electric Heaters was the 57th most imported product in Italy. Italy imports Electric Heaters primarily from: China ($666M), Romania ($365M), Germany ($294M), France ($124M), and Spain ($109M).

The fastest growing import markets in Electric Heaters for Italy between 2022 and 2023 were Romania ($49.5M), Philippines ($46.8M), and Hungary ($19.7M).

COMPANIES In 2023, leading companies such as Conair (25), BSH Home Appliances (13), and Electrolux (2) were at the forefront of shipping Electric Heaters from Italy to the United States.

Latest Trends

October 2024

About

Overview In October 2024 Italy's Electric Heaters exports accounted up to €256M and imports accounted up to €205M, resulting in a positive trade balance of €50.9M. Between October 2023 and October 2024 the exports of Italy's   Electric Heaters have increased by €13M (5.33%) from €243M to €256M, while imports increased by €15.2M (8.02%) from €190M to €205M.

Destinations In October 2024, Electric Heaters were exported mostly to France (€33.2M), Germany (€31.2M), Poland (€27M), Spain (€19.8M), and United States (€16.4M), and were imported mostly from China (€77.4M), Romania (€35M), Germany (€26.2M), France (€14.9M), and Spain (€9.5M).

Growth In October 2024, the increase in Electric Heaters's year-by-year exports was explained primarily by an increase in exports to France (€4.15M or 16.1%), Saudi Arabia (€1.94M or 67.7%), and Turkey (€1.45M or 65.2%). In October 2024, the increase in Electric Heaters's year-by-year imports was explained primarily by an increase in imports from Romania (€7.97M or 44.9%), Spain (€7.21M or 138%), and Germany (€5.08M or 22.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)€13M(5.33%)
IMPORT GROWTH (October 2023 - October 2024)€15.2M(8.02%)
MAIN DESTINATION (October 2024)France€33.2M

This section shows Electric Heaters's exports and imports data at subnational level for Italy. 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)$2.87B
IMPORTS (2023)$2.23B
NET TRADE (2023)$642M

In 2023, Italy exported $2.87B in Electric Heaters. The main destinations of Italy exports on Electric Heaters were France ($328M), Germany ($325M), United States ($239M), Poland ($195M), and Romania ($160M).

In 2023, Italy imported $2.23B in Electric Heaters, mainly from China ($666M), Romania ($365M), Germany ($294M), France ($124M), and Spain ($109M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electric Heaters EXPORT MARKETS FOR Italy WERE (2022 - 2023):
Ukraine$8.75M (44.3%)
United Arab Emirates$8.46M (18.9%)
China$8.22M (16.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Heaters BY Italy WERE (2022 - 2023):
Spain-$35.2M (-23.9%)
Germany-$29.4M (-8.31%)
Australia-$22.7M (-22.6%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Italy's main exporting competitors in Electric Heaters were:
China $29B
Germany $4.19B
In 2023, Italy'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 POTENTIALUnited States+ $127M
TOP IMPORT POTENTIALChina+ $158M

Electric Heaters’s highest export potential is United States. With an export gap of $127M.   Electric Heaters’s highest import potential is China with an import gap of $158M.

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