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Pricing

2022
Exports $307MWorld Rnk 9 / 124
Flag Rnk 675 / 1216
2022
Destination $16.9M United States
2021 - 2022
FASTEST GROWING MARKET $16.9MRussia
2022
PRODUCT COMPLEXITY IN Central Heating Boilers0.63Rnk 301 / 1025
2022
Imports $260MWorld Rnk 12 / 192
Flag Rnk 471 / 1212
2022
Origin $8.2M Germany
2021 - 2022
FASTEST GROWING ORIGIN $8.2MGermany
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $307M in Central Heating Boilers, making it the 9th largest exporter of Central Heating Boilers in the world. At the same year, Central Heating Boilers was the 675th most exported product in China. The main destination of Central Heating Boilers exports from China are: United States ($34.9M), Russia ($34.5M), South Korea ($32M), Germany ($26.6M), and United Kingdom ($26.4M).

The fastest growing export markets for Central Heating Boilers of China between 2021 and 2022 were Russia ($16.9M), Kazakhstan ($9.23M), and Uzbekistan ($6.65M).

Imports In 2022, China imported $260M in Central Heating Boilers, becoming the 12th largest importer of Central Heating Boilers in the world. At the same year, Central Heating Boilers was the 471st most imported product in China. China imports Central Heating Boilers primarily from: Germany ($149M), Italy ($39.3M), Turkey ($17.2M), South Korea ($14.9M), and Slovakia ($11.6M).

The fastest growing import markets in Central Heating Boilers for China between 2021 and 2022 were Germany ($8.2M), Slovakia ($1.67M), and Austria ($1.38M).

COMPANIES In 2023, leading companies such as Electrolux (238), Panasonic (7), and BSH Home Appliances (4) were at the forefront of shipping Central Heating Boilers from China to the United States.

Latest Trends

September 2024

About

Overview In September 2024 China's Central Heating Boilers exports accounted up to $32M and imports accounted up to $12.6M, resulting in a positive trade balance of $19.5M. Between September 2023 and September 2024 the exports of China's   Central Heating Boilers have decreased by $-881k (-2.68%) from $32.9M to $32M, while imports decreased by $-2.37M (-15.9%) from $14.9M to $12.6M.

Destinations In September 2024, Central Heating Boilers were exported mostly to Russia ($9.97M), Kazakhstan ($3.21M), Azerbaijan ($2.55M), Iran ($1.94M), and Uzbekistan ($1.9M), and were imported mostly from Germany ($5.25M), Italy ($2.22M), Slovakia ($1.96M), South Korea ($1M), and France ($750k).

Growth In September 2024, the decrease in Central Heating Boilers's year-by-year exports was explained primarily by a decrease in exports to Uzbekistan ($-1.33M or -56.3%), Netherlands ($-981k or -75%), and Italy ($-805k or -51.4%). In September 2024, the decrease in Central Heating Boilers's year-by-year imports was explained primarily by a decrease in imports from Germany ($-3.08M or -46.4%), South Korea ($-2.26M or -86.6%), and Turkey ($-924k or -49.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$-881k(-2.68%)
IMPORT GROWTH (September 2023 - September 2024)$-2.37M(-15.9%)
MAIN EXPORTER (September 2024)Guangdong Province$12.4M
MAIN DESTINATION (September 2024)Russia$9.97M

This section shows Central Heating Boilers's exports and imports data at subnational level for China. 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 Central Heating Boilers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$307M
IMPORTS (2022)$260M
NET TRADE (2022)$47.2M

In 2022, China exported $307M in Central Heating Boilers. The main destinations of China exports on Central Heating Boilers were United States ($34.9M), Russia ($34.5M), South Korea ($32M), Germany ($26.6M), and United Kingdom ($26.4M).

In 2022, China imported $260M in Central Heating Boilers, mainly from Germany ($149M), Italy ($39.3M), Turkey ($17.2M), South Korea ($14.9M), and Slovakia ($11.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Central Heating Boilers EXPORT MARKETS FOR China WERE (2021 - 2022):
Russia$16.9M (95.7%)
Kazakhstan$9.23M (122%)
Uzbekistan$6.65M (54.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Central Heating Boilers BY China WERE (2021 - 2022):
South Korea-$3.66M (-10.3%)
Azerbaijan-$2.9M (-25%)
Georgia-$2.7M (-78.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Central Heating Boilers were:
Germany $1.38B
Austria $1.26B
Italy $1.03B
In 2022, China's main importing competitors in Central Heating Boilers were:
Germany $1.74B
France $650M
Italy $636M

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Trade Value of Central Heating Boilers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $13.6M
TOP IMPORT POTENTIALItaly+ $12.2M

Central Heating Boilers’s highest export potential is United States. With an export gap of $13.6M.   Central Heating Boilers’s highest import potential is Italy with an import gap of $12.2M.

See methodology.

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