2018
Exports
$345MWorld Rnk 30 / 215
Flag Rnk 45 / 1216
2022
PRODUCT COMPLEXITY IN Electric Heaters
0.46Rnk 379 / 1025
2018
Imports
$394MWorld Rnk 41 / 224
Flag Rnk 52 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2018, Portugal exported $345M in Electric Heaters, making it the 30th largest exporter of Electric Heaters in the world. At the same year, Electric Heaters was the 45th most exported product in Portugal. The main destination of Electric Heaters exports from Portugal are: Germany ($148M), Switzerland ($75.1M), Spain ($24.1M), Italy ($11.5M), and France ($10.2M).

The fastest growing export markets for Electric Heaters of Portugal between 2021 and 2022 were Switzerland ($4.81M), Slovakia ($1.53M), and Netherlands ($1.43M).

Imports In 2022, Portugal imported $394M in Electric Heaters, becoming the 41st largest importer of Electric Heaters in the world. At the same year, Electric Heaters was the 52nd most imported product in Portugal. Portugal imports Electric Heaters primarily from: Spain ($169M), China ($83.7M), France ($22.4M), Italy ($22.3M), and Germany ($22.1M).

The fastest growing import markets in Electric Heaters for Portugal between 2021 and 2022 were Spain ($13.1M), Switzerland ($11.2M), and Luxembourg ($2.85M).

COMPANIES In 2023, leading companies such as Robert Bosch (1) and IKEA Group (1) were at the forefront of shipping Electric Heaters from Portugal to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Electric Heaters. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$345M
IMPORTS (2022)$394M
NET TRADE (2022)-$49.1M

In 2022, Portugal exported $345M in Electric Heaters. The main destinations of Portugal exports on Electric Heaters were Germany ($148M), Switzerland ($75.1M), Spain ($24.1M), Italy ($11.5M), and France ($10.2M).

In 2022, Portugal imported $394M in Electric Heaters, mainly from Spain ($169M), China ($83.7M), France ($22.4M), Italy ($22.3M), and Germany ($22.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Heaters EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Switzerland$4.81M (6.84%)
Slovakia$1.53M (29%)
Netherlands$1.43M (59.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Heaters BY Portugal WERE (2021 - 2022):
Germany-$29.9M (-16.7%)
Austria-$4.77M (-98.5%)
Ukraine-$2.72M (-59.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Portugal's main exporting competitors in Electric Heaters were:
China $31.5B
Italy $2.96B
In 2022, Portugal's main importing competitors in Electric Heaters were:

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Trade Value of Electric Heaters by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $21.9M
TOP IMPORT POTENTIALChina+ $37.8M

Electric Heaters’s highest export potential is United States. With an export gap of $21.9M.   Electric Heaters’s highest import potential is China with an import gap of $37.8M.

See methodology.

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