2022
Exports
$5.66BWorld Rnk 1 / 214
Flag Rnk 21 / 1213
2022
PRODUCT COMPLEXITY IN Thermostats
1.04Rnk 157 / 1025
2022
Imports
$1.3BWorld Rnk 6 / 223
Flag Rnk 115 / 1214
2022
ECONOMIC COMPLEXITY of Japan
2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $5.66B in Thermostats, making it the 1st largest exporter of Thermostats in the world. At the same year, Thermostats was the 21st most exported product in Japan. The main destination of Thermostats exports from Japan are: China ($1.52B), United States ($1.4B), Thailand ($707M), South Korea ($206M), and Indonesia ($167M).

The fastest growing export markets for Thermostats of Japan between 2021 and 2022 were Malaysia ($42.9M), Czechia ($39M), and Thailand ($36.5M).

Imports In 2022, Japan imported $1.3B in Thermostats, becoming the 6th largest importer of Thermostats in the world. At the same year, Thermostats was the 115th most imported product in Japan. Japan imports Thermostats primarily from: China ($491M), United States ($184M), Thailand ($141M), Germany ($117M), and Malaysia ($68.4M).

The fastest growing import markets in Thermostats for Japan between 2021 and 2022 were Thailand ($45.1M), United States ($32.8M), and Malaysia ($13.9M).

COMPANIES In 2023, leading companies such as Wismettac Asian Foods (34), General Motors (23), and John Deere (5) were at the forefront of shipping Thermostats from Japan to the United States.

Latest Trends

September 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)¥-5.92B(-9.33%)
IMPORT GROWTH (September 2023 - September 2024)¥-460M(-1.84%)
MAIN EXPORTER (September 2024)Aichi¥35.3B
MAIN DESTINATION (September 2024)United States¥15.5B

This section shows Thermostats's exports and imports data at subnational level for Japan. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Thermostats over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$5.66B
IMPORTS (2022)$1.3B
NET TRADE (2022)$4.37B

In 2022, Japan exported $5.66B in Thermostats. The main destinations of Japan exports on Thermostats were China ($1.52B), United States ($1.4B), Thailand ($707M), South Korea ($206M), and Indonesia ($167M).

In 2022, Japan imported $1.3B in Thermostats, mainly from China ($491M), United States ($184M), Thailand ($141M), Germany ($117M), and Malaysia ($68.4M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Thermostats EXPORT MARKETS FOR Japan WERE (2021 - 2022):
Malaysia$42.9M (84.6%)
Czechia$39M (73.2%)
Thailand$36.5M (5.45%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Thermostats BY Japan WERE (2021 - 2022):
United States-$92.6M (-6.22%)
China-$74.3M (-4.66%)
Russia-$54.1M (-82.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

Explore Visualizations

Trade Value of Thermostats by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $52.9M
TOP IMPORT POTENTIALChina+ $67M

Thermostats’s highest export potential is India. With an export gap of $52.9M.   Thermostats’s highest import potential is China with an import gap of $67M.

See methodology.

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