Thermostats in Chile | The Observatory of Economic Complexity

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Exports In 2022, Chile exported $4.63M in Thermostats, making it the 68th largest exporter of Thermostats in the world. At the same year, Thermostats was the 335th most exported product in Chile. The main destination of Thermostats exports from Chile are: Bolivia ($1.81M), Peru ($686k), United States ($640k), Spain ($444k), and Mexico ($379k).

The fastest growing export markets for Thermostats of Chile between 2021 and 2022 were Spain ($429k), Mexico ($322k), and Bolivia ($250k).

Imports In 2022, Chile imported $57.6M in Thermostats, becoming the 51st largest importer of Thermostats in the world. At the same year, Thermostats was the 261st most imported product in Chile. Chile imports Thermostats primarily from: United States ($16.3M), China ($9.59M), Brazil ($5.34M), Germany ($3.57M), and Finland ($3.5M).

The fastest growing import markets in Thermostats for Chile between 2021 and 2022 were United States ($4.18M), Finland ($1.17M), and Belgium ($393k).

Latest Trends

March 2024

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Overview In March 2024 Chile's Thermostats exports accounted up to $470k and imports accounted up to $26.7M, resulting in a negative trade balance of $26.2M. Between March 2023 and March 2024 the exports of Chile's Thermostats have increased by $152k (47.8%) from $318k to $470k, while imports decreased by $-2.45M (-8.42%) from $29.1M to $26.7M.

Destinations In March 2024, Thermostats were exported mostly to United States ($217k), Peru ($112k), Argentina ($104k), Mexico ($18k), and Ecuador ($6.34k), and were imported mostly from Switzerland ($13.9M), United States ($3.4M), China ($1.39M), Sweden ($1.37M), and Belgium ($1.35M).

Growth In March 2024, the increase in Thermostats's year-by-year exports was explained primarily by an increase in exports to Peru ($71.2k or 582%), United States ($62.4k or 1.68k%), and Brazil ($3.62k or 1.03k%). In March 2024, the decrease in Thermostats's year-by-year imports was explained primarily by a decrease in imports from Germany ($-2.98M or -80.6%), South Korea ($-1.59M or -98.3%), and Switzerland ($-1.17M or -15.4%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)$152k(47.8%)

IMPORT GROWTH (March 2023 - March 2024)$-2.45M(-8.42%)

MAIN EXPORTER (March 2024)Huechuraba$203k

MAIN DESTINATION (March 2024)United States$217k

This section shows Thermostats's exports and imports data at subnational level for Chile. 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)$4.63M

IMPORTS (2022)$57.6M

NET TRADE (2022)-$53M

In 2022, Chile exported $4.63M in Thermostats. The main destinations of Chile exports on Thermostats were Bolivia ($1.81M), Peru ($686k), United States ($640k), Spain ($444k), and Mexico ($379k).

In 2022, Chile imported $57.6M in Thermostats, mainly from United States ($16.3M), China ($9.59M), Brazil ($5.34M), Germany ($3.57M), and Finland ($3.5M).

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