2022
Exports
$123MWorld Rnk 36 / 214
Flag Rnk 227 / 1208
2022
PRODUCT COMPLEXITY IN Thermostats
1.04Rnk 157 / 1025
2022
Imports
$223MWorld Rnk 35 / 223
Flag Rnk 197 / 1213
2022
ECONOMIC COMPLEXITY of United Arab Emirates
0.24Rnk 53 / 133

About

Exports In 2022, United Arab Emirates exported $123M in Thermostats, making it the 36th largest exporter of Thermostats in the world. At the same year, Thermostats was the 227th most exported product in United Arab Emirates. The main destination of Thermostats exports from United Arab Emirates are: Saudi Arabia ($29.5M), Iraq ($17.9M), Oman ($15.1M), India ($9.04M), and Algeria ($3.93M).

The fastest growing export markets for Thermostats of United Arab Emirates between 2021 and 2022 were Iraq ($7.32M), India ($6.21M), and Turkey ($2.61M).

Imports In 2022, United Arab Emirates imported $223M in Thermostats, becoming the 35th largest importer of Thermostats in the world. At the same year, Thermostats was the 197th most imported product in United Arab Emirates. United Arab Emirates imports Thermostats primarily from: China ($67.1M), United States ($31M), Germany ($14.3M), India ($12.6M), and United Kingdom ($12.1M).

The fastest growing import markets in Thermostats for United Arab Emirates between 2021 and 2022 were United States ($11.3M), France ($6.87M), and India ($5.87M).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Thermostats. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$123M
IMPORTS (2022)$223M
NET TRADE (2022)-$101M

In 2022, United Arab Emirates exported $123M in Thermostats. The main destinations of United Arab Emirates exports on Thermostats were Saudi Arabia ($29.5M), Iraq ($17.9M), Oman ($15.1M), India ($9.04M), and Algeria ($3.93M).

In 2022, United Arab Emirates imported $223M in Thermostats, mainly from China ($67.1M), United States ($31M), Germany ($14.3M), India ($12.6M), and United Kingdom ($12.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Thermostats EXPORT MARKETS FOR United Arab Emirates WERE (2021 - 2022):
Iraq$7.32M (68.8%)
India$6.21M (219%)
Turkey$2.61M (363%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Thermostats BY United Arab Emirates WERE (2021 - 2022):
Saudi Arabia-$49.1M (-62.4%)
Algeria-$4.01M (-50.4%)
Oman-$3.79M (-20.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, United Arab Emirates's main exporting competitors in Thermostats were:
Japan $5.66B
China $5.61B
Germany $4.45B
In 2022, United Arab Emirates's main importing competitors in Thermostats were:

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Trade Value of Thermostats by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $4.88M
TOP IMPORT POTENTIALChina+ $11.6M

Thermostats’s highest export potential is India. With an export gap of $4.88M.   Thermostats’s highest import potential is China with an import gap of $11.6M.

See methodology.

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