2022
Exports | Imports
$510M | $754MWorld Rnk 16 / 214
Flag Rnk 86 / 1198
World Rnk 14 / 223
Flag Rnk 72 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.53Rnk 5 / 124
2022
PRODUCT COMPLEXITY IN Thermostats
1.1Rnk 139 / 1025

About

Exports In 2022, Singapore exported $510M in Thermostats, making it the 16th largest exporter of Thermostats in the world. At the same year, Thermostats was the 86th most exported product in Singapore. The main destination of Thermostats exports from Singapore are: India ($150M), South Korea ($117M), China ($79.5M), United States ($33.1M), and Malaysia ($24M).

The fastest growing export markets for Thermostats of Singapore between 2021 and 2022 were South Korea ($82.4M), India ($38.3M), and United States ($8.27M).

Imports In 2022, Singapore imported $754M in Thermostats, becoming the 14th largest importer of Thermostats in the world. At the same year, Thermostats was the 72nd most imported product in Singapore. Singapore imports Thermostats primarily from: China ($186M), United States ($176M), Japan ($157M), Malaysia ($53M), and South Korea ($44.1M).

The fastest growing import markets in Thermostats for Singapore between 2021 and 2022 were China ($60.7M), Malaysia ($20.9M), and South Korea ($16.8M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Thermostats from Singapore to the United States.

Latest Trends

Feb 2024

Subnational Monthly Trade

View
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.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$510M
IMPORTS (2022)$754M
NET TRADE (2022)-$245M

In 2022, Singapore exported $510M in Thermostats. The main destinations of Singapore exports on Thermostats were India ($150M), South Korea ($117M), China ($79.5M), United States ($33.1M), and Malaysia ($24M).

In 2022, Singapore imported $754M in Thermostats, mainly from China ($186M), United States ($176M), Japan ($157M), Malaysia ($53M), and South Korea ($44.1M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Thermostats EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
South Korea$82.4M (238%)
India$38.3M (34.3%)
United States$8.27M (33.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Thermostats BY Singapore WERE (2021 - 2022):
Hong Kong-$2.36M (-18.1%)
France-$1.54M (-14.3%)
Israel-$1.16M (-57.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

Explore Visualizations

Trade Value of Thermostats by Exporters

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with