Overview In February 2024 China's Thermostats exports accounted up to $315M and imports accounted up to $386M, resulting in a negative trade balance of $70.5M. Between February 2023 and February 2024 the exports of China's Thermostats have decreased by $-52.8M (-14.3%) from $368M to $315M, while imports decreased by $-73.2M (-16%) from $459M to $386M.
Destinations In February 2024, Thermostats were exported mostly to United States ($35.5M), South Korea ($25M), Japan ($21.7M), Germany ($21.5M), and Russia ($17.4M), and were imported mostly from Germany ($101M), Japan ($81.2M), United States ($50.3M), Hungary ($19.7M), and Romania ($16.8M).
Growth In February 2024, the decrease in Thermostats's year-by-year exports was explained primarily by a decrease in exports to N/A. In February 2024, the decrease in Thermostats's year-by-year imports was explained primarily by a decrease in imports from Japan ($-71.5M or -37%), Singapore ($-8.6M or -81.2%), and Mexico ($-7.83M or -49%).