Thermostats in Iceland | The Observatory of Economic Complexity

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Exports In 2023, Iceland exported $1.28M in Thermostats, making it the 84th largest exporter of Thermostats in the world. At the same year, Thermostats was the 130th most exported product in Iceland. The main destination of Thermostats exports from Iceland are: Denmark ($1M), Canada ($37.4k), Netherlands ($27.7k), United States ($24.5k), and Australia ($22.6k).

The fastest growing export markets for Thermostats of Iceland between 2022 and 2023 were Denmark ($376k), Canada ($37.1k), and Thailand ($22.3k).

Imports In 2023, Iceland imported $6.99M in Thermostats, becoming the 103rd largest importer of Thermostats in the world. At the same year, Thermostats was the 210th most imported product in Iceland. Iceland imports Thermostats primarily from: Netherlands ($1.32M), Germany ($1.06M), Denmark ($751k), Sweden ($387k), and Japan ($357k).

The fastest growing import markets in Thermostats for Iceland between 2022 and 2023 were Denmark ($185k), South Korea ($89.4k), and Slovenia ($55k).

Jan 2025

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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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Trade Value

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Year

EXPORTS (2023)$1.28M

IMPORTS (2023)$6.99M

NET TRADE (2023)-$5.71M

In 2023, Iceland exported $1.28M in Thermostats. The main destinations of Iceland exports on Thermostats were Denmark ($1M), Canada ($37.4k), Netherlands ($27.7k), United States ($24.5k), and Australia ($22.6k).

In 2023, Iceland imported $6.99M in Thermostats, mainly from Netherlands ($1.32M), Germany ($1.06M), Denmark ($751k), Sweden ($387k), and Japan ($357k).