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851629 (Harmonized System 1992 for 6-digit)

2023
World Trade $3.79BRnk 937 / 4644
2023
Top Exporter | Top Importer $2.11B | $813MChina | United States
2023
Product Complexity -0.19Rnk 2820 / 4656
2022 - 2023
Export Growth (CAGR) -15.9%Rnk 3320 / 4644
2023
Share of World Trade 0.017%Rnk 937 / 4644

About

Overview This page contains the latest trade data of Electric space heating nes and soil heating apparatus. In 2023, Electric space heating nes and soil heating apparatus were the world's 937th most traded product, with a total trade of $3.79B. Between 2022 and 2023 the exports of Electric space heating nes and soil heating apparatus decreased by -15.9%, from $4.5B to $3.79B. Trade in Electric space heating nes and soil heating apparatus represent 0.017% of total world trade.

Electric space heating nes and soil heating apparatus are a part of Electric Heaters.

Exports In 2023 the top exporters of Electric space heating nes and soil heating apparatus  were China ($2.11B), Malaysia ($239M), Germany ($199M), Canada ($108M), and Italy ($96.6M).

Imports In 2023 the top importers of Electric space heating nes and soil heating apparatus were United States ($813M), Japan ($275M), France ($273M), United Kingdom ($254M), and Germany ($226M).

Ranking Electric space heating nes and soil heating apparatus ranks 2820th in the Product Complexity Index (PCI).

Description Electric space heating can be used in areas such as homes and businesses. The heat is produced through a process called electrical resistance, which is the heating of an electrical conductor when a voltage is applied. The heat is produced inside the heater, not outside. The heat is then transferred to the room through the air. Electric space heating can be used in areas such as homes and businesses. The heat is produced through a process called electrical resistance, which is the heating of an electrical conductor when a voltage is applied. The heat is produced inside the heater, not outside. The heat is then transferred to

Latest Trends

Latest Data

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The following visualization shows the latest trends on Electric space heating nes and soil heating apparatus. 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 (2023)China$2.11B
Top Destination (2023)United States$813M

In 2023 Electric space heating nes and soil heating apparatus were the world's 937th most traded product (out of 4,644).

In 2023, the top exporters of Electric space heating nes and soil heating apparatus were China ($2.11B), Malaysia ($239M), Germany ($199M), Canada ($108M), and Italy ($96.6M).

In 2023, the top importers of Electric space heating nes and soil heating apparatus were United States ($813M), Japan ($275M), France ($273M), United Kingdom ($254M), and Germany ($226M).

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Exporters of Electric space heating nes and soil heating apparatus (2023)
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Importers of Electric space heating nes and soil heating apparatus (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Canada$34.1M
Top Destination Growth (2022 -  2023)Turkey$17.9M

Between 2022 and 2023, the exports of Electric space heating nes and soil heating apparatus grew the fastest in Canada ($34.1M), Saudi Arabia ($5.97M), Vietnam ($4.68M), Sweden ($4.22M), and United States ($3.93M).

Between 2022 and 2023, the fastest growing importers of Electric space heating nes and soil heating apparatus were Turkey ($17.9M), Russia ($9.48M), Tajikistan ($9.24M), Niger ($7.79M), and Saudi Arabia ($6.73M).

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Exporters of Electric space heating nes and soil heating apparatus (2022 - 2023)

Importers of Electric space heating nes and soil heating apparatus (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Electric space heating nes and soil heating apparatus.

In 2023, market concentration measured using Shannon Entropy, was 3.11. This means that most of the exports of Electric space heating nes and soil heating apparatus are explained by 8 countries.

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Value of Exports in Electric space heating nes and soil heating apparatus

Net Trade

TOP NET EXPORTER (2023)China$2.09B
TOP NET IMPORTER (2023)United States$746M

This map shows which countries export or import more of Electric space heating nes and soil heating apparatus. Each country is colored based on the difference in exports and imports of Electric space heating nes and soil heating apparatus during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Electric space heating nes and soil heating apparatus were China ($2.09B), Malaysia ($231M), Turkey ($56.4M), Egypt ($27.4M), and Mexico ($23M).

In 2023, the countries that had a largest trade value in imports than in exports of Electric space heating nes and soil heating apparatus were United States ($746M), Japan ($254M), France ($217M), United Kingdom ($198M), and Russia ($116M).

Net Trade (2023)

Country Comparison

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

Top 10 Exporters Countries of Electric space heating nes and soil heating apparatus 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 (2023)

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