2022
Exports
$1.18BWorld Rnk 7 / 214
Flag Rnk 67 / 1216
2022
PRODUCT COMPLEXITY IN Thermostats
1.04Rnk 157 / 1025
2022
Imports
$1.02BWorld Rnk 9 / 223
Flag Rnk 126 / 1214
2022
ECONOMIC COMPLEXITY of United Kingdom
1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $1.18B in Thermostats, making it the 7th largest exporter of Thermostats in the world. At the same year, Thermostats was the 67th most exported product in United Kingdom. The main destination of Thermostats exports from United Kingdom are: Germany ($260M), United States ($175M), France ($97.6M), United Kingdom ($97M), and Italy ($46.7M).

The fastest growing export markets for Thermostats of United Kingdom between 2021 and 2022 were Brazil ($19.3M), Slovakia ($18.9M), and Italy ($9.77M).

Imports In 2022, United Kingdom imported $1.02B in Thermostats, becoming the 9th largest importer of Thermostats in the world. At the same year, Thermostats was the 126th most imported product in United Kingdom. United Kingdom imports Thermostats primarily from: Germany ($205M), China ($156M), United States ($128M), United Kingdom ($97M), and Japan ($80.6M).

The fastest growing import markets in Thermostats for United Kingdom between 2021 and 2022 were China ($45.4M), United States ($24.7M), and South Africa ($7.72M).

COMPANIES In 2023, leading companies such as AMAZON SERVICES LLC (1) were at the forefront of shipping Thermostats from United Kingdom to the United States.

Latest Trends

February 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (February 2023 - February 2024)£-18.5M(-24.1%)
IMPORT GROWTH (February 2023 - February 2024)£-3.43M(-4.69%)
MAIN EXPORTER (February 2024)London Heathrow Airport£16M
MAIN DESTINATION (February 2024)United States£13.1M

This section shows Thermostats's exports and imports data at subnational level for United Kingdom. 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 Thermostats over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.18B
IMPORTS (2022)$1.02B
NET TRADE (2022)$159M

In 2022, United Kingdom exported $1.18B in Thermostats. The main destinations of United Kingdom exports on Thermostats were Germany ($260M), United States ($175M), France ($97.6M), United Kingdom ($97M), and Italy ($46.7M).

In 2022, United Kingdom imported $1.02B in Thermostats, mainly from Germany ($205M), China ($156M), United States ($128M), United Kingdom ($97M), and Japan ($80.6M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Thermostats EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Brazil$19.3M (200%)
Slovakia$18.9M (213%)
Italy$9.77M (26.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Thermostats BY United Kingdom WERE (2021 - 2022):
Russia-$65.3M (-98%)
Spain-$52.5M (-55%)
France-$29.5M (-23.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

Explore Visualizations

Trade Value of Thermostats by Exporters

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