Thermostats in   Canada

Overview In July 2024 Canada's Thermostats exports accounted up to C$66.4M and imports accounted up to C$95.1M, resulting in a negative trade balance of C$28.7M. Between July 2023 and July 2024 the exports of Canada's   Thermostats have decreased by C$-4.89M (-6.86%) from C$71.3M to C$66.4M, while imports increased by C$7.6M (8.68%) from C$87.5M to C$95.1M.

Destinations In July 2024, Thermostats were exported mostly to United States (C$53M), China (C$2.96M), Austria (C$1.57M), Italy (C$1.14M), and Germany (C$911k), and were imported mostly from United States (C$46.9M), Mexico (C$13.6M), China (C$8.24M), Malaysia (C$6.03M), and Germany (C$4.5M).

Growth In July 2024, the decrease in Thermostats's year-by-year exports was explained primarily by a decrease in exports to India (C$-485k or -52.7%), South Korea (C$-178k or -58.6%), and Hong Kong (C$-133k or -82.6%). In July 2024, the increase in Thermostats's year-by-year imports was explained primarily by an increase in imports from United States (C$17.2M or 51%), Mexico (C$2.81M or 29.2%), and China (C$2.52M or 36.8%).