Instant water heaters trade by country: top importers, exporters and prices
World trade in instant water heaters was worth $1.61 billion in 2024, about 125.5 thousand tonnes. That is an increase of 25% since 2017, and up 13% on 2023.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
World trade by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $1.61B | 125.5K t |
| 2023 | $1.43B | 100.5K t |
| 2022 | $1.94B | 142.0K t |
| 2021 | $1.89B | 154.8K t |
| 2020 | $1.41B | 123.3K t |
| 2019 | $1.32B | 117.0K t |
| 2018 | $1.37B | 110.9K t |
| 2017 | $1.29B | 105.4K t |
Top instant water heaters exporting countries
Japan is the largest exporter with 27% of world exports, followed by South Korea and China. The top three supply 76% between them, out of 102 exporting countries.
| Exporter | Value | Share |
|---|---|---|
| Japan | $439.3M | 27% |
| South Korea | $408.4M | 25% |
| China | $379.9M | 24% |
| Mexico | $85.1M | 5.3% |
| Portugal | $69.4M | 4.3% |
| United States | $61.3M | 3.8% |
| Italy | $29.5M | 1.8% |
| Germany | $20.7M | 1.3% |
| Taiwan | $10.6M | 0.7% |
| Poland | $10.4M | 0.7% |
| Malaysia | $9.5M | 0.6% |
| Netherlands | $8.9M | 0.6% |
Top importing countries and buyer markets
The largest importers are the United States (45%), Mexico (8%) and Canada (7%). 197 countries imported it, and the top three take 60% of the value.
| Importer | Value | Share |
|---|---|---|
| United States | $730.5M | 45% |
| Mexico | $125.3M | 7.8% |
| Canada | $112.0M | 7% |
| Australia | $87.0M | 5.4% |
| Italy | $61.4M | 3.8% |
| Chile | $41.5M | 2.6% |
| Hong Kong | $38.7M | 2.4% |
| China | $38.4M | 2.4% |
| Spain | $36.3M | 2.3% |
| Russia | $27.6M | 1.7% |
| Germany | $23.8M | 1.5% |
| Brazil | $22.4M | 1.4% |
Average price per kg
The world average declared value was about $12.83 per kg in 2024. Among the main exporters, Germany averaged $17.69 per kg and Italy $8.04 per kg, so grade and origin matter.
Declared value divided by weight, all 2024 shipments worldwide. Prices per shipment and per company are in EximDataX.
Who is behind these numbers in this market?
The shipment records behind Instant water heaters (HS 8419.11) importers and exporters, worldwide: companies, dates, quantities and declared values.
Shipment records are in the platform
Tell us what you trade and we will show you the latest records on a live call.
Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 8419.11: Heaters: instantaneous gas water heaters, for domestic or other purposes. HS 8419 codes.
Common questions
Which countries export the most instant water heaters?
Japan exported $439.3 million in 2024, 27% of the world total, followed by South Korea (25%) and China (24%). In all, 102 countries reported exports of this product. The full ranking and map are on this page.
Which countries import the most instant water heaters?
The United States imported $730.5 million in 2024, 45% of world imports, ahead of Mexico (8%) and Canada (7%). The top three importers together take 60%. Each country with its own page is linked from the table.
How big is the world trade in instant water heaters?
It was worth $1.61 billion in 2024, about 125.5 thousand tonnes. That is an increase of 25% since 2017. The peak year was 2022 at $1.94 billion. 102 countries reported exports and 197 reported imports.
What is the average price of instant water heaters per kg?
The world average declared value was about $12.83 per kg in 2024. Among the main exporters, Germany averaged $17.69 per kg and Italy $8.04 per kg, so grade and origin matter. The average mixes every grade and size, so use it as a market reference rather than an offer.
What is the HS code for instant water heaters?
The HS code for instant water heaters is subheading 8419.11, in chapter 84 (machinery and mechanical appliances, boilers, nuclear reactors; parts thereof). The first six digits are the same in every country; national tariffs add more. The full list of codes is on the HS 8419 page.
How can I find instant water heaters buyers and suppliers?
Company names sit below these country totals: EximDataX reads the customs records shipment by shipment, with dates and values. We can show instant water heaters buyers and suppliers on a short call.
See what your buyers are buying.Then decide.
Everything we show you comes from official customs filings — records, not claims. 30 minutes. Your shipment. Your HS code. Real platform. If you don’t see something new about your market by the end of the call, we walk away. No follow-ups.