Thermostats in United Kingdom | The Observatory of Economic Complexity

About

Exports In 2022, United Kingdom exported $1.18B in Thermostats, making it the 7th largest exporter of Thermostats in the world. At the same year, Thermostats was the 67th most exported product in United Kingdom. The main destination of Thermostats exports from United Kingdom are: Germany ($260M), United States ($175M), France ($97.6M), United Kingdom ($97M), and Italy ($46.7M).

The fastest growing export markets for Thermostats of United Kingdom between 2021 and 2022 were Brazil ($19.3M), Slovakia ($18.9M), and Italy ($9.77M).

Imports In 2022, United Kingdom imported $1.02B in Thermostats, becoming the 9th largest importer of Thermostats in the world. At the same year, Thermostats was the 126th most imported product in United Kingdom. United Kingdom imports Thermostats primarily from: Germany ($205M), China ($156M), United States ($128M), United Kingdom ($97M), and Japan ($80.6M).

The fastest growing import markets in Thermostats for United Kingdom between 2021 and 2022 were China ($45.4M), United States ($24.7M), and South Africa ($7.72M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Thermostats from United Kingdom to the United States.

Latest Trends

January 2024

About

Overview In January 2024 United Kingdom's Thermostats exports accounted up to £59.4M and imports accounted up to £68.9M, resulting in a negative trade balance of £9.5M. Between January 2023 and January 2024 the exports of United Kingdom's Thermostats have decreased by £-21.8M (-26.9%) from £81.2M to £59.4M, while imports increased by £753k (1.11%) from £68.1M to £68.9M.

Destinations In January 2024, Thermostats were exported mostly to Germany (£12.4M), United States (£11.1M), France (£3.84M), Brazil (£3.19M), and Netherlands (£2.25M), and were imported mostly from United States (£11.5M), Germany (£10.5M), France (£8.59M), China (£8.21M), and Belgium (£2.83M).

Growth In January 2024, the decrease in Thermostats's year-by-year exports was explained primarily by a decrease in exports to Angola (£-1.31M or -93.7%), South Korea (£-1.2M or -42.5%), and Norway (£-845k or -81.9%). In January 2024, the increase in Thermostats's year-by-year imports was explained primarily by an increase in imports from China (£5.14M or 80.3%), United States (£2.45M or 28.1%), and Canada (£1.47M or 198%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)£-21.8M(-26.9%)

IMPORT GROWTH (January 2023 - January 2024)£753k(1.11%)

MAIN EXPORTER (January 2024)London Heathrow Airport£16M

MAIN DESTINATION (January 2024)Germany£12.4M

This section shows Thermostats's exports and imports data at subnational level for United Kingdom. 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.

For full datasets download visit Bulk Download page.

Go to Bulk Download