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851621 (Harmonized System 1992 for 6-digit)

2022
World Trade $150MRnk 3897 / 4648
2022
Top Exporter | Top Importer $36.7M | $22.9MChina | United Kingdom
2022
Product Complexity 0.33Rnk 1942 / 4653
2021 - 2022
Export Growth (CAGR) -17.3%Rnk 4252 / 4648
2022
Share of World Trade 0.00063%Rnk 3897 / 4648

About

Overview This page contains the latest trade data of Electric storage heating radiators. In 2022, Electric storage heating radiators were the world's 3897th most traded product, with a total trade of $150M. Between 2021 and 2022 the exports of Electric storage heating radiators decreased by -17.3%, from $181M to $150M. Trade in Electric storage heating radiators represent 0.00063% of total world trade.

Electric storage heating radiators are a part of Electric Heaters.

Exports In 2022 the top exporters of Electric storage heating radiators  were China ($36.7M), Germany ($24.2M), Lithuania ($24M), Spain ($7.87M), and Belgium ($6.99M).

Imports In 2022 the top importers of Electric storage heating radiators were United Kingdom ($22.9M), France ($14.9M), Belgium ($12.3M), Sweden ($9.98M), and Germany ($8.78M).

Ranking Electric storage heating radiators ranks 1942nd in the Product Complexity Index (PCI).

Description Electric storage heating radiators are typically found in homes with steam, hot water or electric furnaces. They are a type of heating system that uses a storage tank of hot water to transfer heat to the radiator heating element. The stored heat from the water is transferred to the metal fins on the electric heating element, which in turn transfers heat to the air in the room.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Electric storage heating radiators. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)China$36.7M
Top Destination (2022)United Kingdom$22.9M

In 2022 Electric storage heating radiators were the world's 3897th most traded product (out of 4,648).

In 2022, the top exporters of Electric storage heating radiators were China ($36.7M), Germany ($24.2M), Lithuania ($24M), Spain ($7.87M), and Belgium ($6.99M).

In 2022, the top importers of Electric storage heating radiators were United Kingdom ($22.9M), France ($14.9M), Belgium ($12.3M), Sweden ($9.98M), and Germany ($8.78M).

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Exporters of Electric storage heating radiators (2022)
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Importers of Electric storage heating radiators (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Germany$4.78M
Top Destination Growth (2021 -  2022)Belgium$4.7M

Between 2021 and 2022, the exports of Electric storage heating radiators grew the fastest in Germany ($4.78M), Netherlands ($2.01M), Slovakia ($884k), Hong Kong ($626k), and France ($507k).

Between 2021 and 2022, the fastest growing importers of Electric storage heating radiators were Belgium ($4.7M), Netherlands ($3.41M), Hungary ($1.24M), Czechia ($1.21M), and Bulgaria ($723k).

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Exporters of Electric storage heating radiators (2021 - 2022)

Importers of Electric storage heating radiators (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Electric storage heating radiators.

In 2022, market concentration measured using Shannon Entropy, was 3.78. This means that most of the exports of Electric storage heating radiators are explained by 13 countries.

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Value of Exports in Electric storage heating radiators

Net Trade

TOP NET EXPORTER (2022)China$36.2M
TOP NET IMPORTER (2022)United Kingdom$17.6M

This map shows which countries export or import more of Electric storage heating radiators. Each country is colored based on the difference in exports and imports of Electric storage heating radiators during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Electric storage heating radiators were China ($36.2M), Lithuania ($23.3M), Germany ($15.5M), Spain ($5.7M), and Jordan ($3.75M).

In 2022, the countries that had a largest trade value in imports than in exports of Electric storage heating radiators were United Kingdom ($17.6M), France ($11.3M), Slovakia ($5.67M), Belgium ($5.31M), and Netherlands ($4.85M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Electric storage heating radiators.
It is possible to select the main countries that export or import Electric storage heating radiators in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Electric storage heating radiators by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

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