2023
Exports
$107MWorld Rnk 41 / 216
Flag Rnk 159 / 1200
2023
PRODUCT COMPLEXITY IN Electric Heaters
0.45Rnk 380 / 1025
2023
Imports
$1.86BWorld Rnk 8 / 225
Flag Rnk 14 / 1186
2023
ECONOMIC COMPLEXITY of Russia
0.3Rnk 50 / 132

About

Exports In 2023, Russia exported $107M in Electric Heaters, making it the 41st largest exporter of Electric Heaters in the world. At the same year, Electric Heaters was the 159th most exported product in Russia. The main destination of Electric Heaters exports from Russia are: Kazakhstan ($70.8M), Kyrgyzstan ($12.3M), Uzbekistan ($8.16M), Armenia ($5.45M), and Azerbaijan ($1.84M).

The fastest growing export markets for Electric Heaters of Russia between 2022 and 2023 were Kyrgyzstan ($6.38M), Armenia ($2.45M), and Azerbaijan ($731k).

Imports In 2023, Russia imported $1.86B in Electric Heaters, becoming the 8th largest importer of Electric Heaters in the world. At the same year, Electric Heaters was the 14th most imported product in Russia. Russia imports Electric Heaters primarily from: China ($1.28B), Turkey ($94.1M), Slovenia ($82.2M), Poland ($58M), and Italy ($44M).

The fastest growing import markets in Electric Heaters for Russia between 2022 and 2023 were China ($360M), United Arab Emirates ($30.1M), and Slovenia ($25.5M).

Latest Trends

Dec 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 (2023)$107M
IMPORTS (2023)$1.86B
NET TRADE (2023)-$1.75B

In 2023, Russia exported $107M in Electric Heaters. The main destinations of Russia exports on Electric Heaters were Kazakhstan ($70.8M), Kyrgyzstan ($12.3M), Uzbekistan ($8.16M), Armenia ($5.45M), and Azerbaijan ($1.84M).

In 2023, Russia imported $1.86B in Electric Heaters, mainly from China ($1.28B), Turkey ($94.1M), Slovenia ($82.2M), Poland ($58M), and Italy ($44M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electric Heaters EXPORT MARKETS FOR Russia WERE (2022 - 2023):
Kyrgyzstan$6.38M (108%)
Armenia$2.45M (81.7%)
Azerbaijan$731k (66.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Heaters BY Russia WERE (2022 - 2023):
Kazakhstan-$35M (-33.1%)
Tajikistan-$5.09M (-100%)
Germany-$4.21M (-94.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Russia's main exporting competitors in Electric Heaters were:
Germany $4.19B
Italy $2.87B
In 2023, Russia'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 POTENTIALGermany+ $6.86M
TOP IMPORT POTENTIALChina+ $377M

Electric Heaters’s highest export potential is Germany. With an export gap of $6.86M.   Electric Heaters’s highest import potential is China with an import gap of $377M.

See methodology.

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