2023
Exports
$1.13BWorld Rnk 14 / 212
Flag Rnk 64 / 1212
2023
PRODUCT COMPLEXITY IN Other Heating Machinery
1.3Rnk 78 / 1025
2023
Imports
$1.13BWorld Rnk 12 / 225
Flag Rnk 88 / 1208
2023
ECONOMIC COMPLEXITY of India
0.65Rnk 39 / 132

About

Exports In 2023, India exported $1.13B in Other Heating Machinery, making it the 14th largest exporter of Other Heating Machinery in the world. At the same year, Other Heating Machinery was the 64th most exported product in India. The main destination of Other Heating Machinery exports from India are: United States ($147M), Netherlands ($90.8M), United Arab Emirates ($83.2M), Turkey ($68.6M), and Saudi Arabia ($45.5M).

The fastest growing export markets for Other Heating Machinery of India between 2022 and 2023 were Netherlands ($86.8M), United Arab Emirates ($42.2M), and Turkey ($31.7M).

Imports In 2023, India imported $1.13B in Other Heating Machinery, becoming the 12th largest importer of Other Heating Machinery in the world. At the same year, Other Heating Machinery was the 88th most imported product in India. India imports Other Heating Machinery primarily from: China ($411M), Germany ($141M), United States ($87.5M), Italy ($86.5M), and Indonesia ($58.2M).

The fastest growing import markets in Other Heating Machinery for India between 2022 and 2023 were Indonesia ($57.5M), China ($44.2M), and Italy ($24M).

COMPANIES In 2024, leading companies such as Team Hardinger (5), IKEA Group (2), and Signify Lighting (1) were at the forefront of shipping Other Heating Machinery from India to the United States.

Latest Trends

Jan 2025

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 Other Heating Machinery. 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)$1.13B
IMPORTS (2023)$1.13B
NET TRADE (2023)$839k

In 2023, India exported $1.13B in Other Heating Machinery. The main destinations of India exports on Other Heating Machinery were United States ($147M), Netherlands ($90.8M), United Arab Emirates ($83.2M), Turkey ($68.6M), and Saudi Arabia ($45.5M).

In 2023, India imported $1.13B in Other Heating Machinery, mainly from China ($411M), Germany ($141M), United States ($87.5M), Italy ($86.5M), and Indonesia ($58.2M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Heating Machinery EXPORT MARKETS FOR India WERE (2022 - 2023):
Netherlands$86.8M (2.13k%)
Turkey$31.7M (85.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Heating Machinery BY India WERE (2022 - 2023):
Mexico-$41.4M (-68.3%)
China-$28.6M (-52%)
Canada-$23.2M (-64.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, India's main exporting competitors in Other Heating Machinery were:
China $8.69B
Germany $5.96B
Italy $4.77B
In 2023, India's main importing competitors in Other Heating Machinery were:

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Trade Value of Other Heating Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $95M
TOP IMPORT POTENTIALChina+ $243M

Other Heating Machinery’s highest export potential is United States. With an export gap of $95M.   Other Heating Machinery’s highest import potential is China with an import gap of $243M.

See methodology.

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