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2022
ExportsfalseWorld Rnk 10 / 215
Flag Rnk 49 / 1214
2021 - 2022
FASTEST GROWING MARKET $131MFrance
2022
PRODUCT COMPLEXITY IN Electric Heaters0.46Rnk 379 / 1025
2022
Origin $51.6M China
2021 - 2022
FASTEST GROWING ORIGIN $51.6MChina
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $1.39B in Electric Heaters, making it the 10th largest exporter of Electric Heaters in the world. At the same year, Electric Heaters was the 49th most exported product in Spain. The main destination of Electric Heaters exports from Spain are: France ($287M), Germany ($287M), Portugal ($169M), Italy ($110M), and United Kingdom ($83.6M).

The fastest growing export markets for Electric Heaters of Spain between 2021 and 2022 were France ($131M), Italy ($26.1M), and Portugal ($13.1M).

The fastest growing import markets in Electric Heaters for Spain between 2021 and 2022 were China ($51.6M), Malaysia ($10M), and Netherlands ($9.86M).

COMPANIES In 2023, leading companies such as BSH Home Appliances (14) and Robert Bosch (2) were at the forefront of shipping Electric Heaters from Spain to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Spain's Electric Heaters exports accounted up to €82.7M and imports accounted up to €115M, resulting in a negative trade balance of €32.5M. Between June 2023 and June 2024 the exports of Spain's   Electric Heaters have increased by €25.3M (44%) from €57.5M to €82.7M, while imports decreased by €-9.84M (-7.87%) from €125M to €115M.

Destinations In June 2024, Electric Heaters were exported mostly to Germany (€18.2M), Portugal (€12M), France (€8.85M), United Kingdom (€6.76M), and Italy (€6M), and were imported mostly from China (€52.5M), France (€9.73M), Germany (€8.24M), Turkey (€7.69M), and Italy (€7.47M).

Growth In June 2024, the increase in Electric Heaters's year-by-year exports was explained primarily by an increase in exports to Germany (€9.32M or 57.1%), Portugal (€3.16M or 29.7%), and Italy (€2.85M or 51%). In June 2024, the decrease in Electric Heaters's year-by-year imports was explained primarily by a decrease in imports from Italy (€-4.13M or -34.6%), Poland (€-1.25M or -43.7%), and Belgium (€-1.2M or -58%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)€25.3M(44%)
IMPORT GROWTH (June 2023 - June 2024)€-9.84M(-7.87%)
MAIN EXPORTER (June 2024)Zaragoza€61.4M
MAIN DESTINATION (June 2024)Germany€18.2M

This section shows Electric Heaters's exports and imports data at subnational level for Spain. 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)$1.39B

In 2022, Spain exported $1.39B in Electric Heaters. The main destinations of Spain exports on Electric Heaters were France ($287M), Germany ($287M), Portugal ($169M), Italy ($110M), and United Kingdom ($83.6M).

In N/A, Spain imported N/A in Electric Heaters, mainly from China ($752M), Germany ($233M), France ($151M), Italy ($148M), and Turkey ($69.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Heaters EXPORT MARKETS FOR Spain WERE (2021 - 2022):
France$131M (83.6%)
Italy$26.1M (31.1%)
Portugal$13.1M (8.42%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Heaters BY Spain WERE (2021 - 2022):
Russia-$20.3M (-81.9%)
United Kingdom-$19.5M (-18.9%)
Poland-$8.09M (-14.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Electric Heaters were:
China $31.5B
Germany $5.3B
Italy $2.96B
In 2022, Spain'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 POTENTIALFrance+ $64.2M
TOP IMPORT POTENTIALChina+ $70.4M

Electric Heaters’s highest export potential is France. With an export gap of $64.2M.   Electric Heaters’s highest import potential is China with an import gap of $70.4M.

See methodology.

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