2022
Exports
$324MWorld Rnk 21 / 214
Flag Rnk 158 / 1195
2022
PRODUCT COMPLEXITY IN Thermostats
1.04Rnk 157 / 1025
2022
Imports
$605MWorld Rnk 19 / 223
Flag Rnk 80 / 1210
2022
ECONOMIC COMPLEXITY of Chinese Taipei
1.94Rnk 3 / 133

About

Exports In 2022, Chinese Taipei exported $324M in Thermostats, making it the 21st largest exporter of Thermostats in the world. At the same year, Thermostats was the 158th most exported product in Chinese Taipei. The main destination of Thermostats exports from Chinese Taipei are: United States ($160M), China ($47.4M), Japan ($23.1M), Malaysia ($11.7M), and Canada ($8.89M).

The fastest growing export markets for Thermostats of Chinese Taipei between 2021 and 2022 were Japan ($11.7M), Malaysia ($7.5M), and Israel ($1.71M).

Imports In 2022, Chinese Taipei imported $605M in Thermostats, becoming the 19th largest importer of Thermostats in the world. At the same year, Thermostats was the 80th most imported product in Chinese Taipei. Chinese Taipei imports Thermostats primarily from: China ($195M), Japan ($127M), United States ($121M), Malaysia ($40.5M), and Thailand ($21.3M).

The fastest growing import markets in Thermostats for Chinese Taipei between 2021 and 2022 were United States ($26.4M), Malaysia ($18.3M), and Thailand ($8.26M).

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)$324M
IMPORTS (2022)$605M
NET TRADE (2022)-$281M

In 2022, Chinese Taipei exported $324M in Thermostats. The main destinations of Chinese Taipei exports on Thermostats were United States ($160M), China ($47.4M), Japan ($23.1M), Malaysia ($11.7M), and Canada ($8.89M).

In 2022, Chinese Taipei imported $605M in Thermostats, mainly from China ($195M), Japan ($127M), United States ($121M), Malaysia ($40.5M), and Thailand ($21.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Thermostats EXPORT MARKETS FOR Chinese Taipei WERE (2021 - 2022):
Japan$11.7M (102%)
Malaysia$7.5M (177%)
Israel$1.71M (171%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Thermostats BY Chinese Taipei WERE (2021 - 2022):
United States-$19.4M (-10.8%)
China-$8.48M (-15.2%)
Vietnam-$3.12M (-32.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Thermostats by Exporters

Potential Exports

Potential Exports

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N/A
N/AN/A
N/AN/A

Thermostats’s highest export potential is N/A. With an export gap of N/A.   Thermostats’s highest import potential is N/A with an import gap of N/A.

See methodology.

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