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841582 (Harmonized System 1992 for 6-digit)

2023
World Trade $8.86BRnk 413 / 4644
2023
Top Exporter | Top Importer $1.66B | $2.7BMexico | United States
2023
Product Complexity -0.013Rnk 2565 / 4656
2022 - 2023
Export Growth (CAGR) 2.73%Rnk 1252 / 4644
2023
Share of World Trade 0.039%Rnk 413 / 4644

About

Overview This page contains the latest trade data of Air conditioners nes, with refrigerating unit. In 2023, Air conditioners nes, with refrigerating unit were the world's 413th most traded product, with a total trade of $8.86B. Between 2022 and 2023 the exports of Air conditioners nes, with refrigerating unit grew by 2.73%, from $8.62B to $8.86B. Trade in Air conditioners nes, with refrigerating unit represent 0.039% of total world trade.

Air conditioners nes, with refrigerating unit are a part of Air Conditioners.

Exports In 2023 the top exporters of Air conditioners nes, with refrigerating unit  were Mexico ($1.66B), China ($1.56B), United States ($1.05B), Italy ($582M), and Canada ($565M).

Imports In 2023 the top importers of Air conditioners nes, with refrigerating unit were United States ($2.7B), Canada ($808M), Germany ($654M), Mexico ($330M), and France ($271M).

Ranking Air conditioners nes, with refrigerating unit ranks 2565th in the Product Complexity Index (PCI).

Description Air conditioners use a refrigerating unit and a compressor to remove heat from a space. The refrigerant in the unit is hot and can be cooled by blowing cold air over it. This cools the refrigerant, which in turn cools the space that is attached to the unit.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Air conditioners nes, with refrigerating unit. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)Mexico$1.66B
Top Destination (2023)United States$2.7B

In 2023 Air conditioners nes, with refrigerating unit were the world's 413th most traded product (out of 4,644).

In 2023, the top exporters of Air conditioners nes, with refrigerating unit were Mexico ($1.66B), China ($1.56B), United States ($1.05B), Italy ($582M), and Canada ($565M).

In 2023, the top importers of Air conditioners nes, with refrigerating unit were United States ($2.7B), Canada ($808M), Germany ($654M), Mexico ($330M), and France ($271M).

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Exporters of Air conditioners nes, with refrigerating unit (2023)
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Importers of Air conditioners nes, with refrigerating unit (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Mexico$190M
Top Destination Growth (2022 -  2023)United States$132M

Between 2022 and 2023, the exports of Air conditioners nes, with refrigerating unit grew the fastest in Mexico ($190M), Canada ($143M), Italy ($105M), Czechia ($92.1M), and United States ($68.8M).

Between 2022 and 2023, the fastest growing importers of Air conditioners nes, with refrigerating unit were United States ($132M), Mexico ($84.6M), Canada ($82.9M), France ($44.1M), and Russia ($36.4M).

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Exporters of Air conditioners nes, with refrigerating unit (2022 - 2023)

Importers of Air conditioners nes, with refrigerating unit (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Air conditioners nes, with refrigerating unit.

In 2023, market concentration measured using Shannon Entropy, was 4.05. This means that most of the exports of Air conditioners nes, with refrigerating unit are explained by 16 countries.

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Value of Exports in Air conditioners nes, with refrigerating unit

Net Trade

TOP NET EXPORTER (2023)China$1.38B
TOP NET IMPORTER (2023)United States$1.65B

This map shows which countries export or import more of Air conditioners nes, with refrigerating unit. Each country is colored based on the difference in exports and imports of Air conditioners nes, with refrigerating unit during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Air conditioners nes, with refrigerating unit were China ($1.38B), Mexico ($1.33B), Italy ($448M), Czechia ($390M), and Thailand ($221M).

In 2023, the countries that had a largest trade value in imports than in exports of Air conditioners nes, with refrigerating unit were United States ($1.65B), Canada ($243M), United Arab Emirates ($137M), United Kingdom ($127M), and Saudi Arabia ($104M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Air conditioners nes, with refrigerating unit.
It is possible to select the main countries that export or import Air conditioners nes, with refrigerating unit in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Air conditioners nes, with refrigerating unit by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

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