2023
Exports
$2.67BWorld Rnk 7 / 206
Flag Rnk 113 / 1217
2023
PRODUCT COMPLEXITY IN Refrigerators
0.59Rnk 333 / 1025
2023
Imports
$13.7BWorld Rnk 1 / 225
Flag Rnk 41 / 1215
2023
ECONOMIC COMPLEXITY of United States
1.5Rnk 10 / 132

About

Exports In 2023, United States exported $2.67B in Refrigerators, making it the 7th largest exporter of Refrigerators in the world. At the same year, Refrigerators was the 113th most exported product in United States. The main destination of Refrigerators exports from United States are: Canada ($900M), Mexico ($639M), United Kingdom ($82.8M), China ($77.5M), and Australia ($67.1M).

The fastest growing export markets for Refrigerators of United States between 2022 and 2023 were Mexico ($85.1M), Canada ($30.5M), and United Kingdom ($17.9M).

Imports In 2023, United States imported $13.7B in Refrigerators, becoming the 1st largest importer of Refrigerators in the world. At the same year, Refrigerators was the 41st most imported product in United States. United States imports Refrigerators primarily from: Mexico ($6.38B), China ($2.5B), South Korea ($2.26B), Thailand ($595M), and Canada ($530M).

The fastest growing import markets in Refrigerators for United States between 2022 and 2023 were Mexico ($163M), Thailand ($44.5M), and Vietnam ($32.7M).

COMPANIES In 2023, leading companies such as Samsung (16k), LG Electronics (5.97k), and Electrolux (2.61k) were at the forefront of shipping Refrigerators to the United States.

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$-5.97M(-2.42%)
IMPORT GROWTH (November 2023 - November 2024)$-21.2M(-1.87%)
MAIN EXPORTER (November 2024)California$49.8M
MAIN DESTINATION (November 2024)Canada$76.2M

This section shows Refrigerators'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 Refrigerators over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$2.67B
IMPORTS (2023)$13.7B
NET TRADE (2023)-$11B

In 2023, United States exported $2.67B in Refrigerators. The main destinations of United States exports on Refrigerators were Canada ($900M), Mexico ($639M), United Kingdom ($82.8M), China ($77.5M), and Australia ($67.1M).

In 2023, United States imported $13.7B in Refrigerators, mainly from Mexico ($6.38B), China ($2.5B), South Korea ($2.26B), Thailand ($595M), and Canada ($530M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Refrigerators EXPORT MARKETS FOR United States WERE (2022 - 2023):
Mexico$85.1M (15.3%)
Canada$30.5M (3.51%)
United Kingdom$17.9M (27.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refrigerators BY United States WERE (2022 - 2023):
South Korea-$31.3M (-53.3%)
China-$29.2M (-27.4%)
Singapore-$27.1M (-46%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Refrigerators were:
China $16.4B
Mexico $7.25B
Italy $4.25B
In 2023, United States's main importing competitors in Refrigerators were:
Germany $4.51B
France $2.78B

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Trade Value of Refrigerators by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $42.6M
TOP IMPORT POTENTIALChina+ $406M

Refrigerators’s highest export potential is China. With an export gap of $42.6M.   Refrigerators’s highest import potential is China with an import gap of $406M.

See methodology.

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