Overview: This page contains the latest trade data of Thermostats. In 2019, Thermostats were the world's 100th most traded product, with a total trade of $35.9B. Between 2018 and 2019 the exports of Thermostats decreased by -4.83%, from $37.7B to $35.9B. Trade in Thermostats represent 0.2% of total world trade.
Exports: In 2019 the top exporters of Thermostats were Germany ($6.59B), Japan ($4.07B), China ($3.95B), United States ($3.83B), and Mexico ($2.24B).
Imports: In 2019 the top importers of Thermostats were United States ($6.12B), Germany ($2.92B), China ($2.56B), France ($1.61B), and Japan ($1.41B).
Tariffs: In 2018 the average tariff for Thermostats was 4.93%, making it the 831st 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 116th in the Product Complexity Index (PCI).
Description: Regulating or controlling instruments and apparatus are used to control the flow of a liquid, gas, or other substance. They can be made from a variety of materials, including plastic, metal, wood, and glass.