Air Conditioners in United States | The Observatory of Economic Complexity

About

Exports In 2022, United States exported $2.81B in Air Conditioners, making it the 4th largest exporter of Air Conditioners in the world. At the same year, Air Conditioners was the 117th most exported product in United States. The main destination of Air Conditioners exports from United States are: Canada ($1.45B), Mexico ($478M), Singapore ($133M), United Arab Emirates ($48.8M), and United Kingdom ($47.5M).

The fastest growing export markets for Air Conditioners of United States between 2021 and 2022 were Canada ($241M), Mexico ($78M), and United Arab Emirates ($18.5M).

Imports In 2022, United States imported $13.1B in Air Conditioners, becoming the 1st largest importer of Air Conditioners in the world. At the same year, Air Conditioners was the 49th most imported product in United States. United States imports Air Conditioners primarily from: Mexico ($5.85B), China ($3.26B), Thailand ($1.34B), Canada ($797M), and Japan ($492M).

The fastest growing import markets in Air Conditioners for United States between 2021 and 2022 were Mexico ($1.04B), Thailand ($377M), and Japan ($145M).

COMPANIES In 2023, leading companies such as ROBERT BOSCH TOOL CORPORATION (69.5k), SCHAEFFLER GROUP USA INC. (45k), and LG ELECTRONICS U.S.A. INC. (23.5k) were at the forefront of shipping Air Conditioners to the United States.

Latest Trends

January 2024

About

Overview In January 2024 United States' Air Conditioners exports accounted up to $192M and imports accounted up to $973M, resulting in a negative trade balance of $781M. Between January 2023 and January 2024 the exports of United States' Air Conditioners have decreased by $-26.8M (-12.2%) from $219M to $192M, while imports decreased by $-87.9M (-8.28%) from $1.06B to $973M.

Destinations In January 2024, Air Conditioners were exported mostly to Canada ($91.8M), Mexico ($43.1M), China ($4.14M), United Kingdom ($4M), and United Arab Emirates ($3.2M), and were imported mostly from Mexico ($507M), China ($182M), Canada ($96.2M), Thailand ($46.9M), and Japan ($31.6M).

Growth In January 2024, the decrease in Air Conditioners's year-by-year exports was explained primarily by a decrease in exports to Singapore ($-12.2M or -82.9%), Switzerland ($-1.01M or -66.3%), and Iraq ($-877k or -99.4%). In January 2024, the decrease in Air Conditioners's year-by-year imports was explained primarily by a decrease in imports from China ($-46.2M or -18%), South Korea ($-19.2M or -55.9%), and Malaysia ($-7.71M or -46.4%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)$-26.8M(-12.2%)

IMPORT GROWTH (January 2023 - January 2024)$-87.9M(-8.28%)

MAIN EXPORTER (January 2024)Texas$38.8M

MAIN DESTINATION (January 2024)Canada$91.8M

This section shows Air Conditioners's exports and imports data at subnational level for United States. 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 Air Conditioners over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$2.81B

IMPORTS (2022)$13.1B

NET TRADE (2022)-$10.2B

In 2022, United States exported $2.81B in Air Conditioners. The main destinations of United States exports on Air Conditioners were Canada ($1.45B), Mexico ($478M), Singapore ($133M), United Arab Emirates ($48.8M), and United Kingdom ($47.5M).

In 2022, United States imported $13.1B in Air Conditioners, mainly from Mexico ($5.85B), China ($3.26B), Thailand ($1.34B), Canada ($797M), and Japan ($492M).

Explore Visualizations