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841590 (Harmonized System 1992 for 6-digit)

2023
World Trade $29.6BRnk 103 / 4644
2023
Top Exporter | Top Importer $7.84B | $9.26BChina | United States
2023
Product Complexity 1.1Rnk 636 / 4656
2022 - 2023
Export Growth (CAGR) 0.82%Rnk 1459 / 4644
2023
Share of World Trade 0.13%Rnk 103 / 4644

About

Overview This page contains the latest trade data of Parts for air conditioners. In 2023, Parts for air conditioners were the world's 103rd most traded product, with a total trade of $29.6B. Between 2022 and 2023 the exports of Parts for air conditioners grew by 0.82%, from $29.4B to $29.6B. Trade in Parts for air conditioners represent 0.13% of total world trade.

Parts for air conditioners are a part of Air Conditioners.

Exports In 2023 the top exporters of Parts for air conditioners  were China ($7.84B), Mexico ($5.12B), Thailand ($3.65B), Czechia ($1.64B), and United States ($1.35B).

Imports In 2023 the top importers of Parts for air conditioners were United States ($9.26B), Germany ($1.47B), Japan ($1.22B), Italy ($1.17B), and France ($1.16B).

Ranking Parts for air conditioners ranks 636th in the Product Complexity Index (PCI).

Description The common parts for air conditioners are the compressor, condenser coil, expansion valve, evaporator coil, and the air handler. The compressor is used to change the refrigerant from a liquid to a gas and cools the air. The condenser coil is the part of the air conditioner that cools the refrigerant by transferring the heat to the outside air. The expansion valve removes the pressure from the system and allows the refrigerant to be pushed through the evaporator coil. The evaporator coil is the part of the air conditioner that cools the air by taking the

Latest Trends

Latest Data

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The following visualization shows the latest trends on Parts for air conditioners. 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)China$7.84B
Top Destination (2023)United States$9.26B

In 2023 Parts for air conditioners were the world's 103rd most traded product (out of 4,644).

In 2023, the top exporters of Parts for air conditioners were China ($7.84B), Mexico ($5.12B), Thailand ($3.65B), Czechia ($1.64B), and United States ($1.35B).

In 2023, the top importers of Parts for air conditioners were United States ($9.26B), Germany ($1.47B), Japan ($1.22B), Italy ($1.17B), and France ($1.16B).

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Exporters of Parts for air conditioners (2023)
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Importers of Parts for air conditioners (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Mexico$600M
Top Destination Growth (2022 -  2023)United States$333M

Between 2022 and 2023, the exports of Parts for air conditioners grew the fastest in Mexico ($600M), Czechia ($145M), Canada ($127M), France ($96.3M), and Germany ($91.2M).

Between 2022 and 2023, the fastest growing importers of Parts for air conditioners were United States ($333M), Germany ($230M), Mexico ($128M), Netherlands ($115M), and South Korea ($103M).

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Exporters of Parts for air conditioners (2022 - 2023)

Importers of Parts for air conditioners (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Parts for air conditioners.

In 2023, market concentration measured using Shannon Entropy, was 3.83. This means that most of the exports of Parts for air conditioners are explained by 14 countries.

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Value of Exports in Parts for air conditioners

Net Trade

TOP NET EXPORTER (2023)China$7.57B
TOP NET IMPORTER (2023)United States$7.91B

This map shows which countries export or import more of Parts for air conditioners. Each country is colored based on the difference in exports and imports of Parts for air conditioners during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Parts for air conditioners were China ($7.57B), Mexico ($4.41B), Thailand ($3.36B), Czechia ($1.22B), and Malaysia ($411M).

In 2023, the countries that had a largest trade value in imports than in exports of Parts for air conditioners were United States ($7.91B), France ($804M), Australia ($677M), Canada ($620M), and Germany ($561M).

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 Parts for air conditioners.
It is possible to select the main countries that export or import Parts for air conditioners in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Parts for air conditioners 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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