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Exports In 2022, Bermuda exported $260k in Thermostats, making it the 110th largest exporter of Thermostats in the world. At the same year, Thermostats was the 37th most exported product in Bermuda. The main destination of Thermostats exports from Bermuda are: Angola ($242k), United States ($13.4k), Germany ($1.9k), Tanzania ($792), and Barbados ($636).

The fastest growing export markets for Thermostats of Bermuda between 2021 and 2022 were Angola ($242k), United States ($13.4k), and Germany ($1.09k).

Imports In 2022, Bermuda imported $313k in Thermostats, becoming the 176th largest importer of Thermostats in the world. At the same year, Thermostats was the 331st most imported product in Bermuda. Bermuda imports Thermostats primarily from: United States ($147k), Norway ($73.3k), Germany ($30.8k), China ($19.1k), and United Kingdom ($16.7k).

The fastest growing import markets in Thermostats for Bermuda between 2021 and 2022 were Norway ($17.3k), Germany ($16.7k), and United Kingdom ($12.6k).

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)$260k
IMPORTS (2022)$313k
NET TRADE (2022)-$52.9k

In 2022, Bermuda exported $260k in Thermostats. The main destinations of Bermuda exports on Thermostats were Angola ($242k), United States ($13.4k), Germany ($1.9k), Tanzania ($792), and Barbados ($636).

In 2022, Bermuda imported $313k in Thermostats, mainly from United States ($147k), Norway ($73.3k), Germany ($30.8k), China ($19.1k), and United Kingdom ($16.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Thermostats EXPORT MARKETS FOR Bermuda WERE (2021 - 2022):
Angola$242k (1%)
United States$13.4k (1%)
Germany$1.09k (135%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Thermostats BY Bermuda WERE (2021 - 2022):
Tanzania-$2.02k (-71.9%)
Jamaica-$740 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bermuda's main exporting competitors in Thermostats were:
Japan $5.66B
China $5.61B
Germany $4.45B
In 2022, Bermuda's main importing competitors in Thermostats were:

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Trade Value of Thermostats by Exporters

Potential Exports

Potential Exports

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N/A
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Thermostats’s highest export potential is N/A. With an export gap of N/A.   Thermostats’s highest import potential is N/A with an import gap of N/A.

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