2022
Exports
$12.6MWorld Rnk 62 / 215
Flag Rnk 220 / 1168
2022
PRODUCT COMPLEXITY IN Electric Heaters
0.46Rnk 379 / 1025
2022
Imports
$239MWorld Rnk 50 / 224
Flag Rnk 31 / 1202
2022
ECONOMIC COMPLEXITY of New Zealand
0.46Rnk 45 / 133

About

Exports In 2022, New Zealand exported $12.6M in Electric Heaters, making it the 62nd largest exporter of Electric Heaters in the world. At the same year, Electric Heaters was the 220th most exported product in New Zealand. The main destination of Electric Heaters exports from New Zealand are: Australia ($4.97M), United States ($2.86M), Fiji ($622k), Hong Kong ($531k), and Singapore ($380k).

The fastest growing export markets for Electric Heaters of New Zealand between 2021 and 2022 were United States ($1.31M), Hong Kong ($461k), and Fiji ($307k).

Imports In 2022, New Zealand imported $239M in Electric Heaters, becoming the 50th largest importer of Electric Heaters in the world. At the same year, Electric Heaters was the 31st most imported product in New Zealand. New Zealand imports Electric Heaters primarily from: China ($126M), Australia ($26.8M), Thailand ($17.7M), Germany ($16.3M), and Italy ($12M).

The fastest growing import markets in Electric Heaters for New Zealand between 2021 and 2022 were Malaysia ($3.81M), Spain ($987k), and Philippines ($879k).

Latest Trends

Sep 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)$12.6M
IMPORTS (2022)$239M
NET TRADE (2022)-$227M

In 2022, New Zealand exported $12.6M in Electric Heaters. The main destinations of New Zealand exports on Electric Heaters were Australia ($4.97M), United States ($2.86M), Fiji ($622k), Hong Kong ($531k), and Singapore ($380k).

In 2022, New Zealand imported $239M in Electric Heaters, mainly from China ($126M), Australia ($26.8M), Thailand ($17.7M), Germany ($16.3M), and Italy ($12M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Heaters EXPORT MARKETS FOR New Zealand WERE (2021 - 2022):
United States$1.31M (84.7%)
Hong Kong$461k (655%)
Fiji$307k (97.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Heaters BY New Zealand WERE (2021 - 2022):
Mexico-$347k (-84.6%)
United Arab Emirates-$324k (-80.8%)
Chinese Taipei-$230k (-41.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, New Zealand's main exporting competitors in Electric Heaters were:
China $31.5B
Italy $2.96B
In 2022, New Zealand'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+ $3.75M
TOP IMPORT POTENTIALChina+ $15M

Electric Heaters’s highest export potential is United States. With an export gap of $3.75M.   Electric Heaters’s highest import potential is China with an import gap of $15M.

See methodology.

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