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2023
Exports $888MWorld Rnk 15 / 208
Flag Rnk 92 / 1215
2023
Destination $27.2M France
2022 - 2023
FASTEST GROWING MARKET $27.2MPortugal
2023
PRODUCT COMPLEXITY IN Air Conditioners0.51Rnk 371 / 1025
2023
Imports $1.71BWorld Rnk 8 / 224
Flag Rnk 49 / 1214
2023
Origin $67.6M China
2022 - 2023
FASTEST GROWING ORIGIN $67.6MChina
2023
ECONOMIC COMPLEXITY of Spain0.86Rnk 31 / 132

About

Exports In 2023, Spain exported $888M in Air Conditioners, making it the 15th largest exporter of Air Conditioners in the world. At the same year, Air Conditioners was the 92nd most exported product in Spain. The main destination of Air Conditioners exports from Spain are: France ($274M), Portugal ($146M), Italy ($80M), United Kingdom ($45M), and Poland ($39.4M).

The fastest growing export markets for Air Conditioners of Spain between 2022 and 2023 were Portugal ($27.2M), United States ($14.2M), and Japan ($13.1M).

Imports In 2023, Spain imported $1.71B in Air Conditioners, becoming the 8th largest importer of Air Conditioners in the world. At the same year, Air Conditioners was the 49th most imported product in Spain. Spain imports Air Conditioners primarily from: China ($557M), Thailand ($189M), Italy ($156M), Turkey ($139M), and France ($107M).

The fastest growing import markets in Air Conditioners for Spain between 2022 and 2023 were China ($67.6M), France ($65.4M), and Turkey ($37.9M).

COMPANIES In 2024, leading companies such as ZF Friedrichshafen (66), Robert Bosch (16), and John Deere (3) were at the forefront of shipping Air Conditioners from Spain to the United States.

Latest Trends

December 2024

About

Overview In December 2024 Spain's Air Conditioners exports accounted up to €61.5M and imports accounted up to €90.1M, resulting in a negative trade balance of €28.6M. Between December 2023 and December 2024 the exports of Spain's   Air Conditioners have increased by €2.99M (5.12%) from €58.5M to €61.5M, while imports increased by €17.1M (23.3%) from €73.1M to €90.1M.

Destinations In December 2024, Air Conditioners were exported mostly to France (€16.2M), Italy (€8.4M), Portugal (€7.13M), Japan (€4.21M), and Germany (€2.62M), and were imported mostly from China (€18.5M), Thailand (€11.2M), Turkey (€8.51M), Italy (€7.72M), and Czechia (€6.61M).

Growth In December 2024, the increase in Air Conditioners's year-by-year exports was explained primarily by an increase in exports to France (€6.16M or 34.1%), United States (€2.79M or 1.98k%), and Belgium (€796k or 38.2%). In December 2024, the increase in Air Conditioners's year-by-year imports was explained primarily by an increase in imports from China (€5.28M or 23.8%), France (€1.12M or 45.5%), and Portugal (€655k or 40.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)€2.99M(5.12%)
IMPORT GROWTH (December 2023 - December 2024)€17.1M(23.3%)
MAIN EXPORTER (December 2024)Barcelona€19.9M
MAIN DESTINATION (December 2024)France€16.2M

This section shows Air Conditioners's exports and imports data at subnational level for Spain. 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
EXPORTS (2023)$888M
IMPORTS (2023)$1.71B
NET TRADE (2023)-$819M

In 2023, Spain exported $888M in Air Conditioners. The main destinations of Spain exports on Air Conditioners were France ($274M), Portugal ($146M), Italy ($80M), United Kingdom ($45M), and Poland ($39.4M).

In 2023, Spain imported $1.71B in Air Conditioners, mainly from China ($557M), Thailand ($189M), Italy ($156M), Turkey ($139M), and France ($107M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Air Conditioners EXPORT MARKETS FOR Spain WERE (2022 - 2023):
Portugal$27.2M (22.8%)
United States$14.2M (195%)
Japan$13.1M (91.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Air Conditioners BY Spain WERE (2022 - 2023):
Germany-$18.6M (-33.9%)
France-$16.9M (-5.83%)
Belgium-$4.04M (-15.5%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Spain's main exporting competitors in Air Conditioners were:
China $22.3B
Thailand $7.86B
Mexico $7.33B
In 2023, Spain's main importing competitors in Air Conditioners were:
United States $14.2B
Germany $2.79B
Japan $2.49B

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Trade Value of Air Conditioners by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $24.4M
TOP IMPORT POTENTIALChina+ $73.9M

Air Conditioners’s highest export potential is Germany. With an export gap of $24.4M.   Air Conditioners’s highest import potential is China with an import gap of $73.9M.

See methodology.

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