2022
Exports
$53.9MWorld Rnk 50 / 215
Flag Rnk 162 / 1197
2022
PRODUCT COMPLEXITY IN Electric Heaters
0.46Rnk 379 / 1025
2022
Imports
$416MWorld Rnk 38 / 224
Flag Rnk 54 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $53.9M in Electric Heaters, making it the 50th largest exporter of Electric Heaters in the world. At the same year, Electric Heaters was the 162nd most exported product in Norway. The main destination of Electric Heaters exports from Norway are: Sweden ($11.9M), United Kingdom ($7.22M), Belgium ($5.72M), Czechia ($5.46M), and Finland ($5M).

The fastest growing export markets for Electric Heaters of Norway between 2021 and 2022 were United Kingdom ($1.96M), United States ($1.27M), and China ($1.01M).

Imports In 2022, Norway imported $416M in Electric Heaters, becoming the 38th largest importer of Electric Heaters in the world. At the same year, Electric Heaters was the 54th most imported product in Norway. Norway imports Electric Heaters primarily from: Sweden ($175M), China ($97.5M), Denmark ($26.9M), Germany ($24.3M), and Romania ($12.9M).

The fastest growing import markets in Electric Heaters for Norway between 2021 and 2022 were Romania ($5.29M), Poland ($1.48M), and Austria ($1.21M).

COMPANIES In 2023, leading companies such as Costco Wholesale (3) and Office Star Products (1) were at the forefront of shipping Electric Heaters from Norway to the United States.

Latest Trends

Jul 2024

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 Electric Heaters. 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 (2022)$53.9M
IMPORTS (2022)$416M
NET TRADE (2022)-$362M

In 2022, Norway exported $53.9M in Electric Heaters. The main destinations of Norway exports on Electric Heaters were Sweden ($11.9M), United Kingdom ($7.22M), Belgium ($5.72M), Czechia ($5.46M), and Finland ($5M).

In 2022, Norway imported $416M in Electric Heaters, mainly from Sweden ($175M), China ($97.5M), Denmark ($26.9M), Germany ($24.3M), and Romania ($12.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Heaters EXPORT MARKETS FOR Norway WERE (2021 - 2022):
United Kingdom$1.96M (37.2%)
United States$1.27M (195%)
China$1.01M (82.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Heaters BY Norway WERE (2021 - 2022):
Finland-$2.01M (-28.7%)
Russia-$1.31M (-81.8%)
Belgium-$1.16M (-16.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Electric Heaters were:
China $31.5B
Italy $2.96B
In 2022, Norway's main importing competitors in Electric Heaters were:

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Trade Value of Electric Heaters by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.71M
TOP IMPORT POTENTIALChina+ $40.2M

Electric Heaters’s highest export potential is United States. With an export gap of $3.71M.   Electric Heaters’s highest import potential is China with an import gap of $40.2M.

See methodology.

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