2022
Exports
$4.45BWorld Rnk 3 / 214
Flag Rnk 78 / 1216
falsefalse United States
2022
PRODUCT COMPLEXITY IN Thermostats
1.04Rnk 157 / 1025
2022
Imports
$3BWorld Rnk 3 / 223
Flag Rnk 103 / 1215
2022
ECONOMIC COMPLEXITY of Germany
1.78Rnk 5 / 133

About

Exports In 2022, Germany exported $4.45B in Thermostats, making it the 3rd largest exporter of Thermostats in the world. At the same year, Thermostats was the 78th most exported product in Germany. The main destination of Thermostats exports from Germany are: United States ($548M), China ($526M), France ($277M), Italy ($256M), and United Kingdom ($205M).

Imports In 2022, Germany imported $3B in Thermostats, becoming the 3rd largest importer of Thermostats in the world. At the same year, Thermostats was the 103rd most imported product in Germany. Germany imports Thermostats primarily from: Hungary ($499M), China ($381M), France ($297M), United Kingdom ($260M), and United States ($246M).

The fastest growing import markets in Thermostats for Germany between 2021 and 2022 were Poland ($74.8M), China ($44.9M), and France ($29.1M).

COMPANIES In 2023, leading companies such as Robert Bosch (266), Mahle Behr (81), and CLAAS (5) were at the forefront of shipping Thermostats from Germany to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Thermostats. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.45B
IMPORTS (2022)$3B
NET TRADE (2022)$1.45B

In 2022, Germany exported $4.45B in Thermostats. The main destinations of Germany exports on Thermostats were United States ($548M), China ($526M), France ($277M), Italy ($256M), and United Kingdom ($205M).

In 2022, Germany imported $3B in Thermostats, mainly from Hungary ($499M), China ($381M), France ($297M), United Kingdom ($260M), and United States ($246M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Germany's main exporting competitors in Thermostats were:
Japan $5.66B
China $5.61B
In 2022, Germany's main importing competitors in Thermostats were:

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Trade Value of Thermostats by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $107M
TOP IMPORT POTENTIALFrance+ $112M

Thermostats’s highest export potential is France. With an export gap of $107M.   Thermostats’s highest import potential is France with an import gap of $112M.

See methodology.

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