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2022
Exports $1.63BWorld Rnk 7 / 215
Flag Rnk 189 / 1217
2022
Destination $23.6M Canada
2021 - 2022
FASTEST GROWING MARKET $23.6MMexico
2022
PRODUCT COMPLEXITY IN Electric Heaters0.46Rnk 379 / 1025
2022
Imports $12.8BWorld Rnk 1 / 224
Flag Rnk 50 / 1216
2022
Origin $323M China
2021 - 2022
FASTEST GROWING ORIGIN $323MMexico
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $1.63B in Electric Heaters, making it the 7th largest exporter of Electric Heaters in the world. At the same year, Electric Heaters was the 189th most exported product in United States. The main destination of Electric Heaters exports from United States are: Canada ($609M), Mexico ($353M), China ($71.8M), Singapore ($48.2M), and Germany ($41.7M).

The fastest growing export markets for Electric Heaters of United States between 2021 and 2022 were Mexico ($23.6M), Japan ($12M), and Chinese Taipei ($11M).

Imports In 2022, United States imported $12.8B in Electric Heaters, becoming the 1st largest importer of Electric Heaters in the world. At the same year, Electric Heaters was the 50th most imported product in United States. United States imports Electric Heaters primarily from: China ($7.68B), Mexico ($1.78B), Thailand ($762M), Malaysia ($366M), and South Korea ($279M).

The fastest growing import markets in Electric Heaters for United States between 2021 and 2022 were Mexico ($323M), Thailand ($112M), and Indonesia ($80.8M).

COMPANIES In 2023, leading companies such as You Hao Trading (1.37k), Conair (990), and Ameziel (875) were at the forefront of shipping Electric Heaters to the United States.

Latest Trends

August 2024

About

Overview In August 2024 United States' Electric Heaters exports accounted up to $162M and imports accounted up to $1.16B, resulting in a negative trade balance of $994M. Between August 2023 and August 2024 the exports of United States'   Electric Heaters have increased by $103k (0.064%) from $162M to $162M, while imports increased by $66.8M (6.13%) from $1.09B to $1.16B.

Destinations In August 2024, Electric Heaters were exported mostly to Canada ($66.7M), Mexico ($35.6M), Ireland ($6M), China ($5.41M), and Singapore ($5.13M), and were imported mostly from China ($649M), Mexico ($206M), Malaysia ($39.5M), Thailand ($36.6M), and Indonesia ($27.7M).

Growth In August 2024, the increase in Electric Heaters's year-by-year exports was explained primarily by an increase in exports to China ($2.43M or 70.8%), Canada ($2.32M or 3.97%), and Ireland ($2.05M or 509%). In August 2024, the increase in Electric Heaters's year-by-year imports was explained primarily by an increase in imports from Thailand ($7.3M or 15.5%), Canada ($5.95M or 49.9%), and Philippines ($4.04M or 54.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$103k(0.064%)
IMPORT GROWTH (August 2023 - August 2024)$66.8M(6.13%)
MAIN EXPORTER (August 2024)California$27.6M
MAIN DESTINATION (August 2024)Canada$66.7M

This section shows Electric Heaters's exports and imports data at subnational level for United States. 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)$1.63B
IMPORTS (2022)$12.8B
NET TRADE (2022)-$11.2B

In 2022, United States exported $1.63B in Electric Heaters. The main destinations of United States exports on Electric Heaters were Canada ($609M), Mexico ($353M), China ($71.8M), Singapore ($48.2M), and Germany ($41.7M).

In 2022, United States imported $12.8B in Electric Heaters, mainly from China ($7.68B), Mexico ($1.78B), Thailand ($762M), Malaysia ($366M), and South Korea ($279M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Heaters EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$23.6M (7.16%)
Japan$12M (68.3%)
Chinese Taipei$11M (57.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Heaters BY United States WERE (2021 - 2022):
Canada-$12.9M (-2.07%)
Saudi Arabia-$6.02M (-33.7%)
Russia-$4.42M (-76.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Electric Heaters were:
China $31.5B
Germany $5.3B
Italy $2.96B
In 2022, United States's main importing competitors in Electric Heaters were:
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 POTENTIALGermany+ $37.7M
TOP IMPORT POTENTIALMexico+ $258M

Electric Heaters’s highest export potential is Germany. With an export gap of $37.7M.   Electric Heaters’s highest import potential is Mexico with an import gap of $258M.

See methodology.

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