2022
Exports | Imports
$43.7M | $102MWorld Rnk 44 / 214
Flag Rnk 295 / 1216
World Rnk 43 / 223
Flag Rnk 225 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.58Rnk 40 / 124
2022
PRODUCT COMPLEXITY IN Thermostats
1.1Rnk 139 / 1025

About

Exports In 2022, Portugal exported $43.7M in Thermostats, making it the 44th largest exporter of Thermostats in the world. At the same year, Thermostats was the 295th most exported product in Portugal. The main destination of Thermostats exports from Portugal are: Germany ($8.7M), Spain ($5.87M), Romania ($3.28M), Netherlands ($3.19M), and Japan ($2.79M).

The fastest growing export markets for Thermostats of Portugal between 2021 and 2022 were Japan ($2.37M), Kuwait ($923k), and Angola ($762k).

Imports In 2022, Portugal imported $102M in Thermostats, becoming the 43rd largest importer of Thermostats in the world. At the same year, Thermostats was the 225th most imported product in Portugal. Portugal imports Thermostats primarily from: Germany ($37.5M), Spain ($21.5M), Italy ($9.27M), France ($7.92M), and China ($4.23M).

The fastest growing import markets in Thermostats for Portugal between 2021 and 2022 were Spain ($2.86M), India ($793k), and United States ($697k).

COMPANIES In 2023, leading companies such as ROBERT BOSCH TOOL CORPORATION (670) and ROBERT BOSCH LLC (102) were at the forefront of shipping Thermostats from Portugal to the United States.

Latest Trends

Feb 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)$43.7M
IMPORTS (2022)$102M
NET TRADE (2022)-$58.8M

In 2022, Portugal exported $43.7M in Thermostats. The main destinations of Portugal exports on Thermostats were Germany ($8.7M), Spain ($5.87M), Romania ($3.28M), Netherlands ($3.19M), and Japan ($2.79M).

In 2022, Portugal imported $102M in Thermostats, mainly from Germany ($37.5M), Spain ($21.5M), Italy ($9.27M), France ($7.92M), and China ($4.23M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Thermostats EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Japan$2.37M (560%)
Kuwait$923k (158k%)
Angola$762k (39.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Thermostats BY Portugal WERE (2021 - 2022):
Thailand-$3.16M (-94.1%)
Mexico-$702k (-56.4%)
United Kingdom-$216k (-43.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

Explore Visualizations

Trade Value of Thermostats by Exporters

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