2022
Exports
$176MWorld Rnk 30 / 214
Flag Rnk 103 / 1205
2022
PRODUCT COMPLEXITY IN Thermostats
1.04Rnk 157 / 1025
2022
Imports
$175MWorld Rnk 38 / 223
Flag Rnk 103 / 1211
2022
ECONOMIC COMPLEXITY of Finland
1.41Rnk 13 / 133

About

Exports In 2022, Finland exported $176M in Thermostats, making it the 30th largest exporter of Thermostats in the world. At the same year, Thermostats was the 103rd most exported product in Finland. The main destination of Thermostats exports from Finland are: China ($21.9M), United States ($17.9M), Russia ($12.8M), Sweden ($12.5M), and Germany ($9.3M).

The fastest growing export markets for Thermostats of Finland between 2021 and 2022 were South Korea ($3.82M), Austria ($2.43M), and Sweden ($2.19M).

Imports In 2022, Finland imported $175M in Thermostats, becoming the 38th largest importer of Thermostats in the world. At the same year, Thermostats was the 103rd most imported product in Finland. Finland imports Thermostats primarily from: North Macedonia ($34.4M), Germany ($25.3M), Hungary ($24M), Estonia ($22.6M), and China ($9.67M).

The fastest growing import markets in Thermostats for Finland between 2021 and 2022 were China ($4.79M), North Macedonia ($3.98M), and Sweden ($2.25M).

Latest Trends

Mar 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)$176M
IMPORTS (2022)$175M
NET TRADE (2022)$936k

In 2022, Finland exported $176M in Thermostats. The main destinations of Finland exports on Thermostats were China ($21.9M), United States ($17.9M), Russia ($12.8M), Sweden ($12.5M), and Germany ($9.3M).

In 2022, Finland imported $175M in Thermostats, mainly from North Macedonia ($34.4M), Germany ($25.3M), Hungary ($24M), Estonia ($22.6M), and China ($9.67M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Thermostats EXPORT MARKETS FOR Finland WERE (2021 - 2022):
South Korea$3.82M (78.9%)
Austria$2.43M (98.4%)
Sweden$2.19M (21.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Thermostats BY Finland WERE (2021 - 2022):
Germany-$4.87M (-34.4%)
China-$4.84M (-18.1%)
France-$2.87M (-35.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Finland's main exporting competitors in Thermostats were:
Japan $5.66B
China $5.61B
Germany $4.45B
In 2022, Finland's main importing competitors in Thermostats were:

Explore Visualizations

Trade Value of Thermostats by Exporters

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