2023
Exports
$109MWorld Rnk 39 / 207
Flag Rnk 51 / 1203
2023
PRODUCT COMPLEXITY IN Thermostats
1.17Rnk 113 / 1025
2023
Imports
$44.5MWorld Rnk 59 / 223
Flag Rnk 199 / 1207
2023
ECONOMIC COMPLEXITY of Croatia
0.76Rnk 34 / 132

About

Exports In 2023, Croatia exported $109M in Thermostats, making it the 39th largest exporter of Thermostats in the world. At the same year, Thermostats was the 51st most exported product in Croatia. The main destination of Thermostats exports from Croatia are: Germany ($41.2M), Italy ($36.1M), Turkey ($5.73M), United States ($4.73M), and Slovenia ($4.2M).

The fastest growing export markets for Thermostats of Croatia between 2022 and 2023 were Germany ($3.69M), Slovenia ($1.8M), and Turkey ($703k).

Imports In 2023, Croatia imported $44.5M in Thermostats, becoming the 59th largest importer of Thermostats in the world. At the same year, Thermostats was the 199th most imported product in Croatia. Croatia imports Thermostats primarily from: Italy ($9.52M), Slovenia ($7.14M), China ($6.8M), Germany ($6.55M), and Austria ($2.72M).

The fastest growing import markets in Thermostats for Croatia between 2022 and 2023 were Austria ($1.06M), Germany ($837k), and Poland ($556k).

Latest Trends

Dec 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 (2023)$109M
IMPORTS (2023)$44.5M
NET TRADE (2023)$64.6M

In 2023, Croatia exported $109M in Thermostats. The main destinations of Croatia exports on Thermostats were Germany ($41.2M), Italy ($36.1M), Turkey ($5.73M), United States ($4.73M), and Slovenia ($4.2M).

In 2023, Croatia imported $44.5M in Thermostats, mainly from Italy ($9.52M), Slovenia ($7.14M), China ($6.8M), Germany ($6.55M), and Austria ($2.72M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Thermostats EXPORT MARKETS FOR Croatia WERE (2022 - 2023):
Germany$3.69M (9.84%)
Slovenia$1.8M (75.3%)
Turkey$703k (14%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Thermostats BY Croatia WERE (2022 - 2023):
Poland-$1.18M (-33.9%)
Spain-$1.18M (-40.5%)
France-$708k (-29.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Croatia's main exporting competitors in Thermostats were:
In 2023, Croatia'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 POTENTIALUnited States+ $4.98M
TOP IMPORT POTENTIALChina+ $3.53M

Thermostats’s highest export potential is United States. With an export gap of $4.98M.   Thermostats’s highest import potential is China with an import gap of $3.53M.

See methodology.

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