Thermostats in Philippines | The Observatory of Economic Complexity

About

Exports In 2022, Philippines exported $207M in Thermostats, making it the 26th largest exporter of Thermostats in the world. At the same year, Thermostats was the 59th most exported product in Philippines. The main destination of Thermostats exports from Philippines are: Thailand ($53.4M), Germany ($45.6M), Japan ($45.1M), China ($11.1M), and Chinese Taipei ($9.12M).

The fastest growing export markets for Thermostats of Philippines between 2021 and 2022 were Thailand ($12.6M), Chinese Taipei ($7.87M), and United Kingdom ($3.44M).

Imports In 2022, Philippines imported $92.1M in Thermostats, becoming the 45th largest importer of Thermostats in the world. At the same year, Thermostats was the 287th most imported product in Philippines. Philippines imports Thermostats primarily from: Japan ($20.6M), Malaysia ($16.1M), China ($15.8M), United States ($8.63M), and Thailand ($7.13M).

The fastest growing import markets in Thermostats for Philippines between 2021 and 2022 were Malaysia ($4.82M), Thailand ($1.55M), and China ($1.26M).

Latest Trends

August 2021

About

Overview In August 2021 Philippines' Thermostats exports accounted up to $5.19M and imports accounted up to $4.3M, resulting in a positive trade balance of $889k. Between August 2020 and August 2021 the exports of Philippines' Thermostats have decreased by $-1.75M (-25.2%) from $6.94M to $5.19M, while imports increased by $1.27M (41.8%) from $3.03M to $4.3M.

Destinations In August 2021, Thermostats were exported mostly to Japan ($3.28M), Thailand ($965k), United States ($323k), India ($171k), and Belgium ($132k), and were imported mostly from Italy ($1.71M), China ($569k), Singapore ($369k), Japan ($368k), and United States ($294k).

Growth In August 2021, the decrease in Thermostats's year-by-year exports was explained primarily by a decrease in exports to Germany ($-5.3M or -99.7%), Thailand ($-1.72M or -47.7%), and Pakistan ($-488k or -65.9%). In August 2021, the increase in Thermostats's year-by-year imports was explained primarily by an increase in imports from Italy ($996k or 1.24k%), Finland ($907k or 1.45k%), and United States ($325k or 113%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (August 2020 - August 2021)$-1.75M(-25.2%)

IMPORT GROWTH (August 2020 - August 2021)$1.27M(41.8%)

MAIN DESTINATION (August 2021)Japan$3.28M

This section shows Thermostats's exports and imports data at subnational level for Philippines. 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)$207M

IMPORTS (2022)$92.1M

NET TRADE (2022)$115M

In 2022, Philippines exported $207M in Thermostats. The main destinations of Philippines exports on Thermostats were Thailand ($53.4M), Germany ($45.6M), Japan ($45.1M), China ($11.1M), and Chinese Taipei ($9.12M).

In 2022, Philippines imported $92.1M in Thermostats, mainly from Japan ($20.6M), Malaysia ($16.1M), China ($15.8M), United States ($8.63M), and Thailand ($7.13M).

Explore Visualizations