Air Conditioners in China | The Observatory of Economic Complexity

About

Exports In 2022, China exported $23.1B in Air Conditioners, making it the 1st largest exporter of Air Conditioners in the world. At the same year, Air Conditioners was the 28th most exported product in China. The main destination of Air Conditioners exports from China are: United States ($3.26B), Japan ($2.21B), Saudi Arabia ($975M), Mexico ($888M), and Italy ($804M).

The fastest growing export markets for Air Conditioners of China between 2021 and 2022 were Iraq ($237M), United Arab Emirates ($201M), and Saudi Arabia ($188M).

Imports In 2022, China imported $715M in Air Conditioners, becoming the 27th largest importer of Air Conditioners in the world. At the same year, Air Conditioners was the 284th most imported product in China. China imports Air Conditioners primarily from: Germany ($157M), United Arab Emirates ($138M), Japan ($115M), South Korea ($97.9M), and Thailand ($37.3M).

The fastest growing import markets in Air Conditioners for China between 2021 and 2022 were United Arab Emirates ($98.7M), Mexico ($25.3M), and Philippines ($4.73M).

COMPANIES In 2023, leading companies such as ROBERT BOSCH TOOL CORPORATION (24.1k), ELECTROLUX HOME PRODUCTS, INC. (7.22k), and CNH INDUSTRIAL AMERICA LLC (1.66k) were at the forefront of shipping Air Conditioners from China to the United States.

Latest Trends

February 2024

About

Overview In February 2024 China's Air Conditioners exports accounted up to $1.92B and imports accounted up to $39.8M, resulting in a positive trade balance of $1.88B. Between February 2023 and February 2024 the exports of China's Air Conditioners have increased by $11.3M (0.59%) from $1.91B to $1.92B, while imports decreased by $-4.2M (-9.55%) from $44M to $39.8M.

Destinations In February 2024, Air Conditioners were exported mostly to United States ($231M), Japan ($125M), Iraq ($117M), Mexico ($94.2M), and Russia ($79.7M), and were imported mostly from Germany ($9.77M), Czechia ($6.65M), Poland ($3.31M), Thailand ($3.28M), and Japan ($3.08M).

Growth In February 2024, the increase in Air Conditioners's year-by-year exports was explained primarily by an increase in exports to Algeria ($20.7M or 738%), United Arab Emirates ($16.8M or 29.8%), and Venezuela ($15.4M or 746%). In February 2024, the decrease in Air Conditioners's year-by-year imports was explained primarily by a decrease in imports from Germany ($-5.74M or -36.7%), South Korea ($-2.91M or -57.5%), and Japan ($-2.21M or -25%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$11.3M(0.59%)

IMPORT GROWTH (February 2023 - February 2024)$-4.2M(-9.55%)

MAIN EXPORTER (February 2024)Guangdong Province$1.36B

MAIN DESTINATION (February 2024)United States$231M

This section shows Air Conditioners's exports and imports data at subnational level for China. 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.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$23.1B

IMPORTS (2022)$715M

NET TRADE (2022)$22.3B

In 2022, China exported $23.1B in Air Conditioners. The main destinations of China exports on Air Conditioners were United States ($3.26B), Japan ($2.21B), Saudi Arabia ($975M), Mexico ($888M), and Italy ($804M).

In 2022, China imported $715M in Air Conditioners, mainly from Germany ($157M), United Arab Emirates ($138M), Japan ($115M), South Korea ($97.9M), and Thailand ($37.3M).

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