2022
Exports
$288MWorld Rnk 24 / 214
Flag Rnk 51 / 1170
2022
PRODUCT COMPLEXITY IN Thermostats
1.04Rnk 157 / 1025
2022
Imports
$121MWorld Rnk 40 / 223
Flag Rnk 164 / 1200
2022
ECONOMIC COMPLEXITY of Israel
1.23Rnk 20 / 133

About

Exports In 2022, Israel exported $288M in Thermostats, making it the 24th largest exporter of Thermostats in the world. At the same year, Thermostats was the 51st most exported product in Israel. The main destination of Thermostats exports from Israel are: India ($80.6M), United States ($78.2M), Netherlands ($34.8M), China ($10.7M), and Germany ($9.45M).

The fastest growing export markets for Thermostats of Israel between 2021 and 2022 were India ($72.3M), Netherlands ($19M), and United States ($4.25M).

Imports In 2022, Israel imported $121M in Thermostats, becoming the 40th largest importer of Thermostats in the world. At the same year, Thermostats was the 164th most imported product in Israel. Israel imports Thermostats primarily from: United States ($26.3M), China ($23.8M), Hong Kong ($17M), Germany ($14.5M), and Italy ($5.5M).

The fastest growing import markets in Thermostats for Israel between 2021 and 2022 were United States ($5.86M), Hong Kong ($5.85M), and China ($2.32M).

Latest Trends

Sep 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)$288M
IMPORTS (2022)$121M
NET TRADE (2022)$167M

In 2022, Israel exported $288M in Thermostats. The main destinations of Israel exports on Thermostats were India ($80.6M), United States ($78.2M), Netherlands ($34.8M), China ($10.7M), and Germany ($9.45M).

In 2022, Israel imported $121M in Thermostats, mainly from United States ($26.3M), China ($23.8M), Hong Kong ($17M), Germany ($14.5M), and Italy ($5.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Thermostats EXPORT MARKETS FOR Israel WERE (2021 - 2022):
India$72.3M (873%)
Netherlands$19M (120%)
United States$4.25M (5.74%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Thermostats BY Israel WERE (2021 - 2022):
Thailand-$17.6M (-78.4%)
Luxembourg-$2.57M (-49.5%)
Turkey-$1.2M (-32.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Thermostats by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $15.3M
TOP IMPORT POTENTIALChina+ $8.15M

Thermostats’s highest export potential is China. With an export gap of $15.3M.   Thermostats’s highest import potential is China with an import gap of $8.15M.

See methodology.

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