2023
Exports
$24.4MWorld Rnk 52 / 207
Flag Rnk 243 / 1207
2023
PRODUCT COMPLEXITY IN Thermostats
1.17Rnk 113 / 1025
2023
Imports
$98.2MWorld Rnk 45 / 223
Flag Rnk 191 / 1213
2023
ECONOMIC COMPLEXITY of Ireland
1.31Rnk 17 / 132

About

Exports In 2023, Ireland exported $24.4M in Thermostats, making it the 52nd largest exporter of Thermostats in the world. At the same year, Thermostats was the 243rd most exported product in Ireland. The main destination of Thermostats exports from Ireland are: United Kingdom ($5.88M), Netherlands ($4.91M), Germany ($2.22M), United States ($1.53M), and France ($1.49M).

The fastest growing export markets for Thermostats of Ireland between 2022 and 2023 were Netherlands ($2.22M), United Kingdom ($1.44M), and Italy ($607k).

Imports In 2023, Ireland imported $98.2M in Thermostats, becoming the 45th largest importer of Thermostats in the world. At the same year, Thermostats was the 191st most imported product in Ireland. Ireland imports Thermostats primarily from: United States ($35M), China ($16.5M), United Kingdom ($12.2M), Japan ($7.7M), and Germany ($4.99M).

The fastest growing import markets in Thermostats for Ireland between 2022 and 2023 were China ($3.47M), Netherlands ($2.9M), and Japan ($1.61M).

Latest Trends

Jan 2025

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)$24.4M
IMPORTS (2023)$98.2M
NET TRADE (2023)-$73.8M

In 2023, Ireland exported $24.4M in Thermostats. The main destinations of Ireland exports on Thermostats were United Kingdom ($5.88M), Netherlands ($4.91M), Germany ($2.22M), United States ($1.53M), and France ($1.49M).

In 2023, Ireland imported $98.2M in Thermostats, mainly from United States ($35M), China ($16.5M), United Kingdom ($12.2M), Japan ($7.7M), and Germany ($4.99M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Thermostats EXPORT MARKETS FOR Ireland WERE (2022 - 2023):
Netherlands$2.22M (82.3%)
United Kingdom$1.44M (32.6%)
Italy$607k (494%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Thermostats BY Ireland WERE (2022 - 2023):
India-$2.5M (-78%)
Spain-$1.31M (-91.8%)
Japan-$359k (-85.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Ireland's main exporting competitors in Thermostats were:
In 2023, Ireland's main importing competitors in Thermostats were:

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Trade Value of Thermostats by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited Kingdom+ $2.81M
TOP IMPORT POTENTIALChina+ $7.46M

Thermostats’s highest export potential is United Kingdom. With an export gap of $2.81M.   Thermostats’s highest import potential is China with an import gap of $7.46M.

See methodology.

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