Overview: In 2018, Thermostats were the world's 97th most traded product, with a total trade of $37.1B. Between 2017 and 2018 the exports of Thermostats grew by 3.62%, from $35.8B to $37.1B. Trade in Thermostats represent 0.2% of total world trade.
Exports: In 2018 the top exporters of Thermostats were Germany ($6.45B), Japan ($4.81B), China ($4.4B), United States ($3.42B), and Mexico ($2.3B).
Imports: In 2018 the top importers of Thermostats were United States ($6.43B), China ($3.38B), Germany ($3.23B), France ($1.54B), and Japan ($1.49B).
Tariffs: In 2018 the average tariff for Thermostats was 4.93%, been the 831 lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Thermostats are Bahamas (40.2%), Bermuda (25%), Ethiopia (22.9%), Maldives (19.6%), and Iran (17.6%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).
Ranking: Thermostats ranks 129th in the Product Complexity Index (PCI).