Thermostats in Italy | The Observatory of Economic Complexity

About

Exports In 2022, Italy exported $821M in Thermostats, making it the 10th largest exporter of Thermostats in the world. At the same year, Thermostats was the 167th most exported product in Italy. The main destination of Thermostats exports from Italy are: France ($76M), Germany ($71.5M), United States ($61.4M), Poland ($52.9M), and Spain ($50.6M).

The fastest growing export markets for Thermostats of Italy between 2021 and 2022 were United States ($15.5M), Brazil ($13.6M), and Turkey ($13.6M).

Imports In 2022, Italy imported $883M in Thermostats, becoming the 12th largest importer of Thermostats in the world. At the same year, Thermostats was the 151st most imported product in Italy. Italy imports Thermostats primarily from: Germany ($256M), France ($110M), China ($97.3M), United Kingdom ($46.7M), and Croatia ($43.4M).

The fastest growing import markets in Thermostats for Italy between 2021 and 2022 were China ($21.7M), Croatia ($14.5M), and Japan ($10.4M).

COMPANIES In 2023, leading companies such as DANFOSS POWER SOLUTIONS II, LLC (66) were at the forefront of shipping Thermostats from Italy to the United States.

Latest Trends

December 2023

About

Overview In December 2023 Italy's Thermostats exports accounted up to €43.8M and imports accounted up to €46.2M, resulting in a negative trade balance of €2.36M. Between December 2022 and December 2023 the exports of Italy's Thermostats have decreased by €-10.1M (-18.7%) from €53.9M to €43.8M, while imports decreased by €-11.3M (-19.7%) from €57.5M to €46.2M.

Destinations In December 2023, Thermostats were exported mostly to United States (€7.73M), France (€4.63M), Turkey (€3.73M), Germany (€3.15M), and Spain (€2.29M), and were imported mostly from Germany (€21M), France (€4.61M), China (€3.43M), Austria (€2.39M), and United States (€2.2M).

Growth In December 2023, the decrease in Thermostats's year-by-year exports was explained primarily by a decrease in exports to Spain (€-105k or -2.95%), Netherlands (€-98.9k or -10.9%), and Hong Kong (€-34.2k or -22.7%). In December 2023, the decrease in Thermostats's year-by-year imports was explained primarily by a decrease in imports from Germany (€-2.67M or -12.4%), China (€-1.48M or -18.3%), and Belgium (€-487k or -37.6%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2022 - December 2023)€-10.1M(-18.7%)

IMPORT GROWTH (December 2022 - December 2023)€-11.3M(-19.7%)

MAIN DESTINATION (December 2023)United States€7.73M

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

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$821M

IMPORTS (2022)$883M

NET TRADE (2022)-$62.7M

In 2022, Italy exported $821M in Thermostats. The main destinations of Italy exports on Thermostats were France ($76M), Germany ($71.5M), United States ($61.4M), Poland ($52.9M), and Spain ($50.6M).

In 2022, Italy imported $883M in Thermostats, mainly from Germany ($256M), France ($110M), China ($97.3M), United Kingdom ($46.7M), and Croatia ($43.4M).

Explore Visualizations