2022
Exports
$603MWorld Rnk 14 / 214
Flag Rnk 140 / 1213
2022
PRODUCT COMPLEXITY IN Thermostats
1.04Rnk 157 / 1025
2022
Imports
$713MWorld Rnk 16 / 223
Flag Rnk 128 / 1214
2022
ECONOMIC COMPLEXITY of Poland
0.99Rnk 28 / 133

About

Exports In 2022, Poland exported $603M in Thermostats, making it the 14th largest exporter of Thermostats in the world. At the same year, Thermostats was the 140th most exported product in Poland. The main destination of Thermostats exports from Poland are: Germany ($163M), United States ($78M), Netherlands ($49.9M), Denmark ($40.8M), and Mexico ($27M).

The fastest growing export markets for Thermostats of Poland between 2021 and 2022 were Germany ($74.8M), Sweden ($12.7M), and Netherlands ($11.8M).

Imports In 2022, Poland imported $713M in Thermostats, becoming the 16th largest importer of Thermostats in the world. At the same year, Thermostats was the 128th most imported product in Poland. Poland imports Thermostats primarily from: Germany ($191M), China ($122M), Hungary ($55.5M), Romania ($53.9M), and Italy ($52.9M).

The fastest growing import markets in Thermostats for Poland between 2021 and 2022 were Hungary ($21.6M), China ($18.2M), and Netherlands ($7.17M).

Latest Trends

Jul 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 (2022)$603M
IMPORTS (2022)$713M
NET TRADE (2022)-$110M

In 2022, Poland exported $603M in Thermostats. The main destinations of Poland exports on Thermostats were Germany ($163M), United States ($78M), Netherlands ($49.9M), Denmark ($40.8M), and Mexico ($27M).

In 2022, Poland imported $713M in Thermostats, mainly from Germany ($191M), China ($122M), Hungary ($55.5M), Romania ($53.9M), and Italy ($52.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Thermostats EXPORT MARKETS FOR Poland WERE (2021 - 2022):
Germany$74.8M (85.2%)
Sweden$12.7M (121%)
Netherlands$11.8M (31.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Thermostats BY Poland WERE (2021 - 2022):
Russia-$10M (-68%)
Spain-$3.27M (-36%)
Finland-$2.81M (-33%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Poland's main exporting competitors in Thermostats were:
Japan $5.66B
China $5.61B
Germany $4.45B
In 2022, Poland'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 POTENTIALGermany+ $39.9M
TOP IMPORT POTENTIALChina+ $31M

Thermostats’s highest export potential is Germany. With an export gap of $39.9M.   Thermostats’s highest import potential is China with an import gap of $31M.

See methodology.

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