Thermostats in Brazil | The Observatory of Economic Complexity

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Exports In 2022, Brazil exported $185M in Thermostats, making it the 28th largest exporter of Thermostats in the world. At the same year, Thermostats was the 147th most exported product in Brazil. The main destination of Thermostats exports from Brazil are: Argentina ($87.4M), United States ($29.1M), Colombia ($11.9M), Mexico ($8.67M), and Chile ($5.34M).

The fastest growing export markets for Thermostats of Brazil between 2021 and 2022 were Argentina ($20.1M), Colombia ($5.62M), and Mexico ($3.93M).

Imports In 2022, Brazil imported $888M in Thermostats, becoming the 11th largest importer of Thermostats in the world. At the same year, Thermostats was the 59th most imported product in Brazil. Brazil imports Thermostats primarily from: China ($123M), Japan ($117M), United States ($110M), Mexico ($105M), and Netherlands ($61.6M).

The fastest growing import markets in Thermostats for Brazil between 2021 and 2022 were Netherlands ($37.4M), United Kingdom ($19.3M), and Mexico ($15.3M).

COMPANIES In 2023, leading companies such as ZF Friedrichshafen (1) were at the forefront of shipping Thermostats from Brazil to the United States.

Latest Trends

April 2024

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Overview In April 2024 Brazil's Thermostats exports accounted up to $18.3M and imports accounted up to $143M, resulting in a negative trade balance of $124M. Between April 2023 and April 2024 the exports of Brazil's Thermostats have increased by $2.84M (18.3%) from $15.5M to $18.3M, while imports increased by $31M (27.8%) from $112M to $143M.

Destinations In April 2024, Thermostats were exported mostly to Argentina ($7.18M), United States ($2.78M), Norway ($2.1M), Mexico ($1.18M), and Austria ($670k), and were imported mostly from United States ($28.2M), China ($18.1M), Germany ($16M), Mexico ($15.9M), and Japan ($13.5M).

Growth In April 2024, the increase in Thermostats's year-by-year exports was explained primarily by an increase in exports to Argentina ($2.21M or 53%), United States ($828k or 72.6%), and Spain ($441k or 719%). In April 2024, the increase in Thermostats's year-by-year imports was explained primarily by an increase in imports from United States ($4.41M or 21.9%), Mexico ($3.3M or 32.9%), and Japan ($2.61M or 37.1%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (April 2023 - April 2024)$2.84M(18.3%)

IMPORT GROWTH (April 2023 - April 2024)$31M(27.8%)

MAIN EXPORTER (April 2024)São Paulo$9.58M

MAIN DESTINATION (April 2024)Argentina$7.18M

This section shows Thermostats's exports and imports data at subnational level for Brazil. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Thermostats over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$185M

IMPORTS (2022)$888M

NET TRADE (2022)-$703M

In 2022, Brazil exported $185M in Thermostats. The main destinations of Brazil exports on Thermostats were Argentina ($87.4M), United States ($29.1M), Colombia ($11.9M), Mexico ($8.67M), and Chile ($5.34M).

In 2022, Brazil imported $888M in Thermostats, mainly from China ($123M), Japan ($117M), United States ($110M), Mexico ($105M), and Netherlands ($61.6M).

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