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2023
Exports $399MWorld Rnk 25 / 216
Flag Rnk 95 / 1210
2023
Destination $12M Denmark
2022 - 2023
FASTEST GROWING MARKET $12MFrance
2023
PRODUCT COMPLEXITY IN Electric Heaters0.45Rnk 380 / 1025
2023
Imports $762MWorld Rnk 20 / 225
Flag Rnk 44 / 1213
2023
Origin $14.2M Germany
2022 - 2023
FASTEST GROWING ORIGIN $14.2MPhilippines
2023
ECONOMIC COMPLEXITY of Sweden1.53Rnk 9 / 132

About

Exports In 2023, Sweden exported $399M in Electric Heaters, making it the 25th largest exporter of Electric Heaters in the world. At the same year, Electric Heaters was the 95th most exported product in Sweden. The main destination of Electric Heaters exports from Sweden are: Denmark ($140M), France ($43M), Norway ($33M), Finland ($27.3M), and Germany ($19.7M).

The fastest growing export markets for Electric Heaters of Sweden between 2022 and 2023 were France ($12M), Netherlands ($7.21M), and Czechia ($3.82M).

Imports In 2023, Sweden imported $762M in Electric Heaters, becoming the 20th largest importer of Electric Heaters in the world. At the same year, Electric Heaters was the 44th most imported product in Sweden. Sweden imports Electric Heaters primarily from: Germany ($157M), China ($127M), Poland ($83.5M), Italy ($75.7M), and Denmark ($67.7M).

The fastest growing import markets in Electric Heaters for Sweden between 2022 and 2023 were Philippines ($14.2M), Romania ($6.02M), and Denmark ($5.23M).

Latest Trends

October 2024

About

Overview In October 2024 Sweden's Electric Heaters exports accounted up to SEK680M and imports accounted up to SEK838M, resulting in a negative trade balance of SEK158M. Between October 2023 and October 2024 the exports of Sweden's   Electric Heaters have decreased by SEK-1.79M (-0.26%) from SEK682M to SEK680M, while imports decreased by SEK-40.1M (-4.56%) from SEK878M to SEK838M.

Destinations In October 2024, Electric Heaters were exported mostly to Norway (SEK229M), Denmark (SEK132M), Finland (SEK115M), Germany (SEK58.8M), and France (SEK22.4M), and were imported mostly from Germany (SEK175M), China (SEK159M), Italy (SEK102M), Poland (SEK82M), and Denmark (SEK76.7M).

Growth In October 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 October 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 (October 2023 - October 2024)SEK-1.79M(-0.26%)
IMPORT GROWTH (October 2023 - October 2024)SEK-40.1M(-4.56%)
MAIN EXPORTER (October 2024)undefined680M
MAIN DESTINATION (October 2024)NorwaySEK229M

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 (2023)$399M
IMPORTS (2023)$762M
NET TRADE (2023)-$363M

In 2023, Sweden exported $399M in Electric Heaters. The main destinations of Sweden exports on Electric Heaters were Denmark ($140M), France ($43M), Norway ($33M), Finland ($27.3M), and Germany ($19.7M).

In 2023, Sweden imported $762M in Electric Heaters, mainly from Germany ($157M), China ($127M), Poland ($83.5M), Italy ($75.7M), and Denmark ($67.7M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electric Heaters EXPORT MARKETS FOR Sweden WERE (2022 - 2023):
France$12M (38.6%)
Netherlands$7.21M (202%)
Czechia$3.82M (52.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Heaters BY Sweden WERE (2022 - 2023):
Finland-$4.29M (-13.6%)
Norway-$2.86M (-7.98%)
Estonia-$2.36M (-44.8%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Sweden's main exporting competitors in Electric Heaters were:
China $29B
Germany $4.19B
Italy $2.87B
In 2023, Sweden'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 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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