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2022
Exports $594MWorld Rnk 21 / 215
Flag Rnk 59 / 1212
2022
Destination $5.92M Norway
2021 - 2022
FASTEST GROWING MARKET $5.92MLithuania
2022
PRODUCT COMPLEXITY IN Electric Heaters0.46Rnk 379 / 1025
2022
Imports $823MWorld Rnk 21 / 224
Flag Rnk 42 / 1213
2022
Origin $3.78M Germany
2021 - 2022
FASTEST GROWING ORIGIN $3.78MSpain
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $594M in Electric Heaters, making it the 21st largest exporter of Electric Heaters in the world. At the same year, Electric Heaters was the 59th most exported product in Sweden. The main destination of Electric Heaters exports from Sweden are: Norway ($175M), Denmark ($138M), Finland ($85.9M), France ($29M), and Germany ($26.6M).

The fastest growing export markets for Electric Heaters of Sweden between 2021 and 2022 were Lithuania ($5.92M), France ($5.44M), and Austria ($3.35M).

Imports In 2022, Sweden imported $823M in Electric Heaters, becoming the 21st largest importer of Electric Heaters in the world. At the same year, Electric Heaters was the 42nd most imported product in Sweden. Sweden imports Electric Heaters primarily from: Germany ($174M), China ($150M), Poland ($99.6M), Italy ($75.5M), and Denmark ($63.7M).

The fastest growing import markets in Electric Heaters for Sweden between 2021 and 2022 were Spain ($3.78M), Finland ($3.66M), and Malaysia ($3.04M).

Latest Trends

August 2024

About

Overview In August 2024 Sweden's Electric Heaters exports accounted up to SEK500M and imports accounted up to SEK542M, resulting in a negative trade balance of SEK41.8M. Between August 2023 and August 2024 the exports of Sweden's   Electric Heaters have decreased by SEK-72.6M (-12.7%) from SEK573M to SEK500M, while imports decreased by SEK-89.1M (-14.1%) from SEK631M to SEK542M.

Destinations In August 2024, Electric Heaters were exported mostly to Norway (SEK172M), Denmark (SEK92.5M), Finland (SEK87.1M), Germany (SEK37.8M), and China (SEK10.8M), and were imported mostly from China (SEK109M), Germany (SEK87.1M), Italy (SEK67M), Poland (SEK55.7M), and Denmark (SEK34.2M).

Growth In August 2024, the decrease in Electric Heaters's year-by-year exports was explained primarily by a decrease in exports to Norway (SEK-7.68M or -3.74%), Chinese Taipei (SEK-2.39M or -54.3%), and Spain (SEK-1.36M or -58.1%). In August 2024, the decrease in Electric Heaters's year-by-year imports was explained primarily by a decrease in imports from China (SEK-48.2M or -36.9%), Italy (SEK-10.1M or -13.7%), and Slovenia (SEK-4.63M or -61.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)SEK-72.6M(-12.7%)
IMPORT GROWTH (August 2023 - August 2024)SEK-89.1M(-14.1%)
MAIN EXPORTER (August 2024)undefined615M
MAIN DESTINATION (August 2024)NorwaySEK172M

This section shows Electric Heaters's exports and imports data at subnational level for Sweden. 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 (2022)$594M
IMPORTS (2022)$823M
NET TRADE (2022)-$229M

In 2022, Sweden exported $594M in Electric Heaters. The main destinations of Sweden exports on Electric Heaters were Norway ($175M), Denmark ($138M), Finland ($85.9M), France ($29M), and Germany ($26.6M).

In 2022, Sweden imported $823M in Electric Heaters, mainly from Germany ($174M), China ($150M), Poland ($99.6M), Italy ($75.5M), and Denmark ($63.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Heaters EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
Lithuania$5.92M (51.8%)
France$5.44M (23.1%)
Austria$3.35M (66.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Heaters BY Sweden WERE (2021 - 2022):
Norway-$20.4M (-10.4%)
Finland-$9.65M (-10.1%)
Russia-$3.96M (-89.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Electric Heaters were:
China $31.5B
Germany $5.3B
Italy $2.96B
In 2022, Sweden's main importing competitors in Electric Heaters were:
United States $12.8B
Germany $6.24B
France $3.15B

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Trade Value of Electric Heaters by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $21.7M
TOP IMPORT POTENTIALChina+ $68.8M

Electric Heaters’s highest export potential is Germany. With an export gap of $21.7M.   Electric Heaters’s highest import potential is China with an import gap of $68.8M.

See methodology.

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