2023
Exports
$200MWorld Rnk 30 / 207
Flag Rnk 64 / 1140
2023
PRODUCT COMPLEXITY IN Thermostats
1.17Rnk 113 / 1025
2023
Imports
$118MWorld Rnk 42 / 223
Flag Rnk 141 / 1190
2023
ECONOMIC COMPLEXITY of Israel
1.28Rnk 19 / 132

About

Exports In 2023, Israel exported $200M in Thermostats, making it the 30th largest exporter of Thermostats in the world. At the same year, Thermostats was the 64th most exported product in Israel. The main destination of Thermostats exports from Israel are: United States ($48.6M), Netherlands ($41.8M), China ($31.5M), Slovenia ($11M), and Germany ($8.7M).

The fastest growing export markets for Thermostats of Israel between 2022 and 2023 were Netherlands ($9.92M), Slovenia ($8.13M), and Sweden ($1.63M).

Imports In 2023, Israel imported $118M in Thermostats, becoming the 42nd largest importer of Thermostats in the world. At the same year, Thermostats was the 141st most imported product in Israel. Israel imports Thermostats primarily from: China ($29.7M), United States ($28.1M), Germany ($12.3M), Italy ($5.98M), and Japan ($5.91M).

The fastest growing import markets in Thermostats for Israel between 2022 and 2023 were China ($3.57M), Mexico ($1.27M), and Japan ($1.26M).

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)$200M
IMPORTS (2023)$118M
NET TRADE (2023)$81.7M

In 2023, Israel exported $200M in Thermostats. The main destinations of Israel exports on Thermostats were United States ($48.6M), Netherlands ($41.8M), China ($31.5M), Slovenia ($11M), and Germany ($8.7M).

In 2023, Israel imported $118M in Thermostats, mainly from China ($29.7M), United States ($28.1M), Germany ($12.3M), Italy ($5.98M), and Japan ($5.91M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Thermostats EXPORT MARKETS FOR Israel WERE (2022 - 2023):
Netherlands$9.92M (31.1%)
Slovenia$8.13M (279%)
Sweden$1.63M (3.69k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Thermostats BY Israel WERE (2022 - 2023):
United States-$32M (-39.7%)
India-$8.77M (-69.6%)
China-$6.42M (-16.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Thermostats by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $15.3M
TOP IMPORT POTENTIALChina+ $8.15M

Thermostats’s highest export potential is China. With an export gap of $15.3M.   Thermostats’s highest import potential is China with an import gap of $8.15M.

See methodology.

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