Overview: This page contains the latest trade data of Refrigerators. In 2018, Refrigerators were the world's 80th most traded product, with a total trade of $46.8B. Between 2017 and 2018 the exports of Refrigerators grew by 8.61%, from $43.1B to $46.8B. Trade in Refrigerators represent 0.25% of total world trade.
Exports: In 2018 the top exporters of Refrigerators were China ($10.8B), Mexico ($5.21B), Italy ($3.38B), Germany ($2.59B), and United States ($2.48B).
Between 2017 and 2018, the fastest growing importers of Refrigerators were Germany ($456M), Vietnam ($308M), Netherlands ($263M), Poland ($170M), and Spain ($158M).
This chart shows the evolution of the market concentration of exports of Refrigerators.
In 2018, market concentration measured using Shannon Entropy, was 4.43. This means that most of the exports of Refrigerators are explained by 21 countries.
This map shows which countries export or import more of Refrigerators. Each country is colored based on the difference in exports and imports of Refrigerators during 2018.
In 2018, the countries that had a largest trade value in exports than in imports of Refrigerators were China ($9.62B), Mexico ($4.32B), Italy ($2.2B), Turkey ($1.73B), and Thailand ($1.71B).
In 2018, the countries that had a largest trade value in imports than in exports of Refrigerators were United States ($6.66B), United Kingdom ($1.45B), Canada ($1.11B), Australia ($1B), and Germany ($711M).
In 2018, the average tariff for importing Refrigerators was 11.1%. The countries with the highest tariffs for importing Refrigerators were Zimbabwe (35.8%), Iran (35.7%), Malaysia (30%), Syria (29.4%), and Sudan (28.9%).
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.