2022
Exports
$206MWorld Rnk 33 / 215
Flag Rnk 161 / 1198
2022
PRODUCT COMPLEXITY IN Electric Heaters
0.46Rnk 379 / 1025
2022
Imports
$473MWorld Rnk 35 / 224
Flag Rnk 108 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $206M in Electric Heaters, making it the 33rd largest exporter of Electric Heaters in the world. At the same year, Electric Heaters was the 161st most exported product in Singapore. The main destination of Electric Heaters exports from Singapore are: China ($63.7M), United States ($32.4M), Malaysia ($13.3M), Indonesia ($10.9M), and Germany ($9.19M).

The fastest growing export markets for Electric Heaters of Singapore between 2021 and 2022 were China ($24.5M), United States ($12M), and Germany ($6.01M).

Imports In 2022, Singapore imported $473M in Electric Heaters, becoming the 35th largest importer of Electric Heaters in the world. At the same year, Electric Heaters was the 108th most imported product in Singapore. Singapore imports Electric Heaters primarily from: China ($193M), Indonesia ($89.7M), United States ($48.2M), Malaysia ($39.1M), and Germany ($17.4M).

The fastest growing import markets in Electric Heaters for Singapore between 2021 and 2022 were China ($50.9M), Indonesia ($39M), and Malaysia ($7.37M).

COMPANIES In 2023, leading companies such as Electrolux (2), Callaway Golf (1), and At Home Procurement (1) were at the forefront of shipping Electric Heaters from Singapore to the United States.

Latest Trends

Oct 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)$206M
IMPORTS (2022)$473M
NET TRADE (2022)-$267M

In 2022, Singapore exported $206M in Electric Heaters. The main destinations of Singapore exports on Electric Heaters were China ($63.7M), United States ($32.4M), Malaysia ($13.3M), Indonesia ($10.9M), and Germany ($9.19M).

In 2022, Singapore imported $473M in Electric Heaters, mainly from China ($193M), Indonesia ($89.7M), United States ($48.2M), Malaysia ($39.1M), and Germany ($17.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Heaters EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
China$24.5M (62.4%)
United States$12M (59.3%)
Germany$6.01M (188%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Heaters BY Singapore WERE (2021 - 2022):
Vietnam-$7.98M (-50.5%)
Hong Kong-$5.26M (-51.6%)
Canada-$2M (-71.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Electric Heaters were:
China $31.5B
Italy $2.96B
In 2022, Singapore'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+ $10.8M
TOP IMPORT POTENTIALChina+ $71.6M

Electric Heaters’s highest export potential is United States. With an export gap of $10.8M.   Electric Heaters’s highest import potential is China with an import gap of $71.6M.

See methodology.

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