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2023
Exports $22.3BWorld Rnk 1 / 208
Flag Rnk 27 / 1215
2023
Destination $254M United States
2022 - 2023
FASTEST GROWING MARKET $254MIraq
2023
PRODUCT COMPLEXITY IN Air Conditioners0.51Rnk 371 / 1025
2023
Imports $617MWorld Rnk 28 / 224
Flag Rnk 302 / 1214
2023
Origin $22.8M Germany
2022 - 2023
FASTEST GROWING ORIGIN $22.8MNetherlands
2023
ECONOMIC COMPLEXITY of China1.16Rnk 21 / 132

About

Exports In 2023, China exported $22.3B in Air Conditioners, making it the 1st largest exporter of Air Conditioners in the world. At the same year, Air Conditioners was the 27th most exported product in China. The main destination of Air Conditioners exports from China are: United States ($2.78B), Japan ($1.92B), Saudi Arabia ($1.1B), Mexico ($975M), and Iraq ($965M).

The fastest growing export markets for Air Conditioners of China between 2022 and 2023 were Iraq ($254M), Libya ($106M), and Netherlands ($89.4M).

Imports In 2023, China imported $617M in Air Conditioners, becoming the 28th largest importer of Air Conditioners in the world. At the same year, Air Conditioners was the 302nd most imported product in China. China imports Air Conditioners primarily from: Germany ($146M), United Arab Emirates ($109M), Japan ($72.7M), Thailand ($59.3M), and South Korea ($45.5M).

The fastest growing import markets in Air Conditioners for China between 2022 and 2023 were Netherlands ($22.8M), Thailand ($6.61M), and India ($4.43M).

COMPANIES In 2024, leading companies such as Robert Bosch (313), Fuyao Glass (205), and Electrolux (154) were at the forefront of shipping Air Conditioners from China to the United States.

Latest Trends

December 2024

About

Overview In December 2024 China's Air Conditioners exports accounted up to $2.07B and imports accounted up to $35M, resulting in a positive trade balance of $2.03B. Between December 2023 and December 2024 the exports of China's   Air Conditioners have increased by $630M (43.9%) from $1.44B to $2.07B, while imports decreased by $-15.8M (-31.1%) from $50.8M to $35M.

Destinations In December 2024, Air Conditioners were exported mostly to United States ($149M), Russia ($135M), Japan ($128M), Brazil ($120M), and Thailand ($110M), and were imported mostly from Japan ($8.77M), Germany ($4.16M), South Korea ($3.55M), Czechia ($2.91M), and United States ($2.6M).

Growth In December 2024, the increase in Air Conditioners's year-by-year exports was explained primarily by an increase in exports to Iraq ($76.9M or 82.7%), Mexico ($57.2M or 68%), and United Arab Emirates ($51.7M or 70.4%). In December 2024, the decrease in Air Conditioners's year-by-year imports was explained primarily by a decrease in imports from Japan ($-2.93M or -44%), United Kingdom ($-1.07M or -94.4%), and Spain ($-829k or -65.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$630M(43.9%)
IMPORT GROWTH (December 2023 - December 2024)$-15.8M(-31.1%)
MAIN EXPORTER (December 2024)Guangdong Province$1.65B
MAIN DESTINATION (December 2024)United States$149M

This section shows Air Conditioners's exports and imports data at subnational level for China. 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)$22.3B
IMPORTS (2023)$617M
NET TRADE (2023)$21.7B

In 2023, China exported $22.3B in Air Conditioners. The main destinations of China exports on Air Conditioners were United States ($2.78B), Japan ($1.92B), Saudi Arabia ($1.1B), Mexico ($975M), and Iraq ($965M).

In 2023, China imported $617M in Air Conditioners, mainly from Germany ($146M), United Arab Emirates ($109M), Japan ($72.7M), Thailand ($59.3M), and South Korea ($45.5M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Air Conditioners EXPORT MARKETS FOR China WERE (2022 - 2023):
Iraq$254M (35.7%)
Libya$106M (143%)
Netherlands$89.4M (45.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Air Conditioners BY China WERE (2022 - 2023):
United States-$710M (-20.3%)
Japan-$296M (-13.3%)
Poland-$124M (-22.8%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Air Conditioners were:
Thailand $7.86B
Mexico $7.33B
In 2023, China'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 POTENTIALUnited States+ $513M
TOP IMPORT POTENTIALThailand+ $53M

Air Conditioners’s highest export potential is United States. With an export gap of $513M.   Air Conditioners’s highest import potential is Thailand with an import gap of $53M.

See methodology.

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