Electric Heaters in Spain | The Observatory of Economic Complexity

About

Exports In 2022, Spain exported $1.39B in Electric Heaters, making it the 10th largest exporter of Electric Heaters in the world. At the same year, Electric Heaters was the 49th most exported product in Spain. The main destination of Electric Heaters exports from Spain are: France ($287M), Germany ($287M), Portugal ($169M), Italy ($110M), and United Kingdom ($83.6M).

The fastest growing export markets for Electric Heaters of Spain between 2021 and 2022 were France ($131M), Italy ($26.1M), and Portugal ($13.1M).

Imports In 2022, Spain imported $1.66B in Electric Heaters, becoming the 10th largest importer of Electric Heaters in the world. At the same year, Electric Heaters was the 53rd most imported product in Spain. Spain imports Electric Heaters primarily from: China ($752M), Germany ($233M), France ($151M), Italy ($148M), and Turkey ($69.1M).

The fastest growing import markets in Electric Heaters for Spain between 2021 and 2022 were China ($51.6M), Malaysia ($10M), and Netherlands ($9.86M).

COMPANIES In 2023, leading companies such as BSH HOME APPLIANCES CORP. (14) and ROBERT BOSCH LLC (2) were at the forefront of shipping Electric Heaters from Spain to the United States.

Latest Trends

February 2024

About

Overview In February 2024 Spain's Electric Heaters exports accounted up to €98M and imports accounted up to €102M, resulting in a negative trade balance of €3.86M. Between February 2023 and February 2024 the exports of Spain's Electric Heaters have decreased by €-1.71M (-1.71%) from €99.7M to €98M, while imports decreased by €-16.9M (-14.3%) from €119M to €102M.

Destinations In February 2024, Electric Heaters were exported mostly to Germany (€23.1M), Portugal (€13.5M), France (€10.2M), Italy (€8.34M), and United Kingdom (€7.6M), and were imported mostly from China (€43.7M), Italy (€9.28M), Germany (€8.95M), France (€6.54M), and Turkey (€5.96M).

Growth In February 2024, the decrease in Electric Heaters's year-by-year exports was explained primarily by a decrease in exports to France (€-3.74M or -27%), Russia (€-1.47M or -81.2%), and China (€-989k or -76.4%). In February 2024, the decrease in Electric Heaters's year-by-year imports was explained primarily by a decrease in imports from Italy (€-4.13M or -34.6%), Poland (€-1.25M or -43.7%), and Belgium (€-1.2M or -58%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)€-1.71M(-1.71%)

IMPORT GROWTH (February 2023 - February 2024)€-16.9M(-14.3%)

MAIN EXPORTER (February 2024)Zaragoza€40.5M

MAIN DESTINATION (February 2024)Germany€23.1M

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

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$1.39B

IMPORTS (2022)$1.66B

NET TRADE (2022)-$266M

In 2022, Spain exported $1.39B in Electric Heaters. The main destinations of Spain exports on Electric Heaters were France ($287M), Germany ($287M), Portugal ($169M), Italy ($110M), and United Kingdom ($83.6M).

In 2022, Spain imported $1.66B in Electric Heaters, mainly from China ($752M), Germany ($233M), France ($151M), Italy ($148M), and Turkey ($69.1M).

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