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2022
Exports $648MWorld Rnk 19 / 215
Flag Rnk 167 / 1213
2022
Destination $9.12M United States
2021 - 2022
FASTEST GROWING MARKET $9.12MUnited States
2022
PRODUCT COMPLEXITY IN Electric Heaters0.46Rnk 379 / 1025
2022
Imports $2.61BWorld Rnk 5 / 224
Flag Rnk 50 / 1214
2022
Origin $13M China
2021 - 2022
FASTEST GROWING ORIGIN $13MUnited Kingdom
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $648M in Electric Heaters, making it the 19th largest exporter of Electric Heaters in the world. At the same year, Electric Heaters was the 167th most exported product in Japan. The main destination of Electric Heaters exports from Japan are: United States ($178M), China ($131M), Chinese Taipei ($92.8M), South Korea ($77.1M), and Vietnam ($21.7M).

The fastest growing export markets for Electric Heaters of Japan between 2021 and 2022 were United States ($9.12M), Chinese Taipei ($8M), and Belgium ($5.2M).

Imports In 2022, Japan imported $2.61B in Electric Heaters, becoming the 5th largest importer of Electric Heaters in the world. At the same year, Electric Heaters was the 50th most imported product in Japan. Japan imports Electric Heaters primarily from: China ($1.94B), Thailand ($223M), Vietnam ($105M), South Korea ($78.8M), and Malaysia ($66M).

The fastest growing import markets in Electric Heaters for Japan between 2021 and 2022 were United Kingdom ($13M), United States ($12M), and Romania ($11.1M).

COMPANIES In 2023, leading companies such as Panasonic (11) were at the forefront of shipping Electric Heaters from Japan to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Japan's Electric Heaters exports accounted up to ¥8.3B and imports accounted up to ¥21.7B, resulting in a negative trade balance of ¥13.4B. Between June 2023 and June 2024 the exports of Japan's   Electric Heaters have increased by ¥1.18B (16.5%) from ¥7.13B to ¥8.3B, while imports increased by ¥127M (0.59%) from ¥21.6B to ¥21.7B.

Destinations In June 2024, Electric Heaters were exported mostly to China (¥2.31B), United States (¥1.9B), South Korea (¥993M), Chinese Taipei (¥932M), and Singapore (¥589M), and were imported mostly from China (¥15.6B), Thailand (¥2.23B), Malaysia (¥1B), Vietnam (¥974M), and South Korea (¥580M).

Growth In June 2024, the increase in Electric Heaters's year-by-year exports was explained primarily by an increase in exports to Chinese Taipei (¥626M or 99.6%), Indonesia (¥44.6M or 116%), and Austria (¥37M or 692%). In June 2024, the increase in Electric Heaters's year-by-year imports was explained primarily by an increase in imports from Malaysia (¥1.45B or 161%), Thailand (¥878M or 43.3%), and France (¥247M or 205%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)¥1.18B(16.5%)
IMPORT GROWTH (June 2023 - June 2024)¥127M(0.59%)
MAIN EXPORTER (June 2024)Aichi¥3.12B
MAIN DESTINATION (June 2024)China¥2.31B

This section shows Electric Heaters's exports and imports data at subnational level for Japan. 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)$648M
IMPORTS (2022)$2.61B
NET TRADE (2022)-$1.97B

In 2022, Japan exported $648M in Electric Heaters. The main destinations of Japan exports on Electric Heaters were United States ($178M), China ($131M), Chinese Taipei ($92.8M), South Korea ($77.1M), and Vietnam ($21.7M).

In 2022, Japan imported $2.61B in Electric Heaters, mainly from China ($1.94B), Thailand ($223M), Vietnam ($105M), South Korea ($78.8M), and Malaysia ($66M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Heaters EXPORT MARKETS FOR Japan WERE (2021 - 2022):
United States$9.12M (5.39%)
Chinese Taipei$8M (9.43%)
Belgium$5.2M (4.71k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Heaters BY Japan WERE (2021 - 2022):
Singapore-$54.6M (-92.4%)
South Korea-$30.4M (-28.3%)
China-$8.84M (-6.32%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Electric Heaters were:
China $31.5B
Germany $5.3B
Italy $2.96B
In 2022, Japan'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+ $57.7M
TOP IMPORT POTENTIALChina+ $242M

Electric Heaters’s highest export potential is United States. With an export gap of $57.7M.   Electric Heaters’s highest import potential is China with an import gap of $242M.

See methodology.

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