Electric Heaters in United States | The Observatory of Economic Complexity

About

Exports In 2022, United States exported $1.63B in Electric Heaters, making it the 7th largest exporter of Electric Heaters in the world. At the same year, Electric Heaters was the 189th most exported product in United States. The main destination of Electric Heaters exports from United States are: Canada ($609M), Mexico ($353M), China ($71.8M), Singapore ($48.2M), and Germany ($41.7M).

The fastest growing export markets for Electric Heaters of United States between 2021 and 2022 were Mexico ($23.6M), Japan ($12M), and Chinese Taipei ($11M).

Imports In 2022, United States imported $12.8B in Electric Heaters, becoming the 1st largest importer of Electric Heaters in the world. At the same year, Electric Heaters was the 50th most imported product in United States. United States imports Electric Heaters primarily from: China ($7.68B), Mexico ($1.78B), Thailand ($762M), Malaysia ($366M), and South Korea ($279M).

The fastest growing import markets in Electric Heaters for United States between 2021 and 2022 were Mexico ($323M), Thailand ($112M), and Indonesia ($80.8M).

COMPANIES In 2023, leading companies such as YOUHAO TRADING CORPORATION (1.37k), CONAIR CORPORATION (994), and AMEZIEL INC (905) were at the forefront of shipping Electric Heaters to the United States.

Latest Trends

February 2024

About

Overview In February 2024 United States' Electric Heaters exports accounted up to $145M and imports accounted up to $840M, resulting in a negative trade balance of $695M. Between February 2023 and February 2024 the exports of United States' Electric Heaters have decreased by $-3.92M (-2.64%) from $148M to $145M, while imports increased by $138M (19.7%) from $701M to $840M.

Destinations In February 2024, Electric Heaters were exported mostly to Canada ($58.9M), Mexico ($34.5M), China ($7.31M), Japan ($5.31M), and Singapore ($2.57M), and were imported mostly from China ($461M), Mexico ($187M), Thailand ($25.7M), South Korea ($20.2M), and Malaysia ($18M).

Growth In February 2024, the decrease in Electric Heaters's year-by-year exports was explained primarily by a decrease in exports to Qatar ($-1.83M or -88.6%), Singapore ($-1.04M or -26.6%), and Chinese Taipei ($-664k or -26.3%). In February 2024, the increase in Electric Heaters's year-by-year imports was explained primarily by an increase in imports from Thailand ($7.3M or 15.5%), Canada ($5.95M or 49.9%), and Philippines ($4.04M or 54.7%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$-3.92M(-2.64%)

IMPORT GROWTH (February 2023 - February 2024)$138M(19.7%)

MAIN EXPORTER (February 2024)California$19.7M

MAIN DESTINATION (February 2024)Canada$58.9M

This section shows Electric Heaters's exports and imports data at subnational level for United States. 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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