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Radiators for central heating, not electrically heated and parts thereof, of iron or steel; air heaters, hot air distributors not electrically heated, with motor fan or blower

7322 (Harmonized System 1992 for 4-digit)

2023
World Trade $3.78BRnk 617 / 1217
2023
Top Exporter | Top Importer $588M | $859MMexico | United States
2023
Product Complexity 0.64Rnk 318 / 1044
2022 - 2023
Export Growth (CAGR) -0.6%Rnk 426 / 1217
2023
Share of World Trade 0.017%Rnk 617 / 1217

About

Overview This page contains the latest trade data of Iron Radiators. In 2023, Iron Radiators were the world's 617th most traded product, with a total trade of $3.78B. Between 2022 and 2023 the exports of Iron Radiators decreased by -0.6%, from $3.81B to $3.78B. Trade in Iron Radiators represent 0.017% of total world trade.

Iron Radiators are a part of Iron/Steel Articles. They include Radiators and parts thereof, iron or steel except cas, Non-electric heaters (with fan), parts, of iron/steel, and Radiators and parts thereof, cast iron.

Exports In 2023 the top exporters of Iron Radiators  were Mexico ($588M), Turkey ($513M), United States ($401M), China ($329M), and Poland ($285M).

Imports In 2023 the top importers of Iron Radiators were United States ($859M), Canada ($454M), United Kingdom ($384M), Germany ($338M), and France ($189M).

Ranking Iron Radiators ranks 318th in the Product Complexity Index (PCI).

Description Radiators are used to heat the air in a room. They can be made from a variety of materials, including steel and aluminum.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Iron Radiators. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)Mexico$588M
Top Destination (2023)United States$859M

In 2023 Iron Radiators were the world's 617th most traded product (out of 1,217).

In 2023, the top exporters of Iron Radiators were Mexico ($588M), Turkey ($513M), United States ($401M), China ($329M), and Poland ($285M).

In 2023, the top importers of Iron Radiators were United States ($859M), Canada ($454M), United Kingdom ($384M), Germany ($338M), and France ($189M).

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Exporters of Iron Radiators (2023)
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Importers of Iron Radiators (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Mexico$411M
Top Destination Growth (2022 -  2023)United States$387M

Between 2022 and 2023, the exports of Iron Radiators grew the fastest in Mexico ($411M), Singapore ($2.91M), Azerbaijan ($2.81M), Thailand ($2.01M), and Finland ($1.88M).

Between 2022 and 2023, the fastest growing importers of Iron Radiators were United States ($387M), Mexico ($20.7M), Turkey ($8.39M), United Kingdom ($7.64M), and Belarus ($7.55M).

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Exporters of Iron Radiators (2022 - 2023)

Importers of Iron Radiators (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Iron Radiators.

In 2023, market concentration measured using Shannon Entropy, was 4.15. This means that most of the exports of Iron Radiators are explained by 17 countries.

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Value of Exports in Iron Radiators

Net Trade

TOP NET EXPORTER (2023)Mexico$536M
TOP NET IMPORTER (2023)United States$458M

This map shows which countries export or import more of Iron Radiators. Each country is colored based on the difference in exports and imports of Iron Radiators during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Iron Radiators were Mexico ($536M), Turkey ($478M), China ($313M), Poland ($192M), and Italy ($167M).

In 2023, the countries that had a largest trade value in imports than in exports of Iron Radiators were United States ($458M), United Kingdom ($349M), Canada ($303M), France ($158M), and Germany ($95.1M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Iron Radiators, disaggragated by their HS6 level were Non-electric heaters (with fan), parts, of... ($1.95B), Radiators and parts thereof, iron or... ($1.73B), and Radiators and parts thereof, cast iron ($103M)

HS6 Disaggregation for Iron Radiators (2023)
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Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Iron Radiators.
It is possible to select the main countries that export or import Iron Radiators in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Iron Radiators by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALFrance+ $2.2M
TOP IMPORT POTENTIALMexico+ $8.16M

Iron Radiators’s highest export potential is France. With an export gap of $2.2M.  Iron Radiators’s highest import potential is Mexico with an import gap of $8.16M.

See methodology.

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Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

Related Products

This visualization shows products that are likely to be exported by countries that export Iron Radiators.

Country by Relatedness

The following visualization shows the relatedness of Iron Radiators to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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