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2022
Exports $2.96BWorld Rnk 3 / 215
Flag Rnk 42 / 1217
2022
Destination $16.6M Germany
2021 - 2022
FASTEST GROWING MARKET $16.6MKazakhstan
2022
PRODUCT COMPLEXITY IN Electric Heaters0.46Rnk 379 / 1025
2022
Imports $2.37BWorld Rnk 6 / 224
Flag Rnk 51 / 1215
2022
Origin $47.2M China
2021 - 2022
FASTEST GROWING ORIGIN $47.2MPoland
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $2.96B in Electric Heaters, making it the 3rd largest exporter of Electric Heaters in the world. At the same year, Electric Heaters was the 42nd most exported product in Italy. The main destination of Electric Heaters exports from Italy are: Germany ($399M), France ($356M), United States ($212M), Poland ($190M), and Spain ($148M).

The fastest growing export markets for Electric Heaters of Italy between 2021 and 2022 were Kazakhstan ($16.6M), United States ($8.98M), and Turkey ($8.1M).

Imports In 2022, Italy imported $2.37B in Electric Heaters, becoming the 6th largest importer of Electric Heaters in the world. At the same year, Electric Heaters was the 51st most imported product in Italy. Italy imports Electric Heaters primarily from: China ($698M), Romania ($318M), Germany ($304M), France ($173M), and Poland ($168M).

The fastest growing import markets in Electric Heaters for Italy between 2021 and 2022 were Poland ($47.2M), Hungary ($35.5M), and Spain ($26.1M).

COMPANIES In 2023, leading companies such as Conair (25), BSH Home Appliances (13), and Electrolux (2) were at the forefront of shipping Electric Heaters from Italy to the United States.

Latest Trends

March 2024

About

Overview In March 2024 Italy's Electric Heaters exports accounted up to €214M and imports accounted up to €153M, resulting in a positive trade balance of €61.1M. Between March 2023 and March 2024 the exports of Italy's   Electric Heaters have decreased by €-11.8M (-5.21%) from €226M to €214M, while imports decreased by €-11.3M (-6.88%) from €165M to €153M.

Destinations In March 2024, Electric Heaters were exported mostly to Germany (€29.6M), France (€26.3M), United States (€18.1M), Poland (€13.9M), and Spain (€13.1M), and were imported mostly from China (€42.3M), Romania (€32.3M), Germany (€24.4M), France (€10.6M), and Turkey (€7.27M).

Growth In March 2024, the decrease in Electric Heaters's year-by-year exports was explained primarily by a decrease in exports to Russia (€-9.54M or -74.7%), Germany (€-5.66M or -16.5%), and United States (€-5.64M or -37.5%). In March 2024, the decrease in Electric Heaters's year-by-year imports was explained primarily by a decrease in imports from China (€-25.9M or -41.5%), Poland (€-911k or -10.7%), and Belgium (€-592k or -25.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€-11.8M(-5.21%)
IMPORT GROWTH (March 2023 - March 2024)€-11.3M(-6.88%)
MAIN DESTINATION (March 2024)Germany€29.6M

This section shows Electric Heaters's exports and imports data at subnational level for Italy. 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)$2.96B
IMPORTS (2022)$2.37B
NET TRADE (2022)$586M

In 2022, Italy exported $2.96B in Electric Heaters. The main destinations of Italy exports on Electric Heaters were Germany ($399M), France ($356M), United States ($212M), Poland ($190M), and Spain ($148M).

In 2022, Italy imported $2.37B in Electric Heaters, mainly from China ($698M), Romania ($318M), Germany ($304M), France ($173M), and Poland ($168M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Heaters EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Kazakhstan$16.6M (707%)
United States$8.98M (4.43%)
Turkey$8.1M (37.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Heaters BY Italy WERE (2021 - 2022):
Russia-$82.5M (-63.5%)
France-$78.1M (-18%)
Belgium-$36.8M (-33.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Electric Heaters were:
China $31.5B
Germany $5.3B
In 2022, Italy'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 POTENTIALUnited States+ $127M
TOP IMPORT POTENTIALChina+ $158M

Electric Heaters’s highest export potential is United States. With an export gap of $127M.   Electric Heaters’s highest import potential is China with an import gap of $158M.

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