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2022
Exports $23.1BWorld Rnk 1 / 198
Flag Rnk 28 / 1216
2022
Destination $237M United States
2021 - 2022
FASTEST GROWING MARKET $237MIraq
2022
PRODUCT COMPLEXITY IN Air Conditioners0.55Rnk 346 / 1025
2022
Imports $715MWorld Rnk 27 / 224
Flag Rnk 284 / 1212
2022
Origin $98.7M Germany
2021 - 2022
FASTEST GROWING ORIGIN $98.7MUnited Arab Emirates
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $23.1B in Air Conditioners, making it the 1st largest exporter of Air Conditioners in the world. At the same year, Air Conditioners was the 28th most exported product in China. The main destination of Air Conditioners exports from China are: United States ($3.26B), Japan ($2.21B), Saudi Arabia ($975M), Mexico ($888M), and Italy ($804M).

The fastest growing export markets for Air Conditioners of China between 2021 and 2022 were Iraq ($237M), United Arab Emirates ($201M), and Saudi Arabia ($188M).

Imports In 2022, China imported $715M in Air Conditioners, becoming the 27th largest importer of Air Conditioners in the world. At the same year, Air Conditioners was the 284th most imported product in China. China imports Air Conditioners primarily from: Germany ($157M), United Arab Emirates ($138M), Japan ($115M), South Korea ($97.9M), and Thailand ($37.3M).

The fastest growing import markets in Air Conditioners for China between 2021 and 2022 were United Arab Emirates ($98.7M), Mexico ($25.3M), and Philippines ($4.73M).

COMPANIES In 2023, leading companies such as Robert Bosch (295), Electrolux (258), and Goplus (127) were at the forefront of shipping Air Conditioners from China to the United States.

Latest Trends

September 2024

About

Overview In September 2024 China's Air Conditioners exports accounted up to $1.55B and imports accounted up to $47.5M, resulting in a positive trade balance of $1.51B. Between September 2023 and September 2024 the exports of China's   Air Conditioners have increased by $226M (17%) from $1.33B to $1.55B, while imports decreased by $-5.68M (-10.7%) from $53.1M to $47.5M.

Destinations In September 2024, Air Conditioners were exported mostly to United States ($210M), Japan ($104M), Saudi Arabia ($90.9M), Brazil ($67.1M), and Russia ($55.9M), and were imported mostly from Germany ($9.9M), Czechia ($7.95M), South Korea ($7.43M), Japan ($6.64M), and Thailand ($2.84M).

Growth In September 2024, the increase in Air Conditioners's year-by-year exports was explained primarily by an increase in exports to Algeria ($20.7M or 738%), United Arab Emirates ($16.8M or 29.8%), and Venezuela ($15.4M or 746%). In September 2024, the decrease in Air Conditioners's year-by-year imports was explained primarily by a decrease in imports from Germany ($-5.74M or -36.7%), South Korea ($-2.91M or -57.5%), and Japan ($-2.21M or -25%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$226M(17%)
IMPORT GROWTH (September 2023 - September 2024)$-5.68M(-10.7%)
MAIN EXPORTER (September 2024)Guangdong Province$1.65B
MAIN DESTINATION (September 2024)United States$210M

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 (2022)$23.1B
IMPORTS (2022)$715M
NET TRADE (2022)$22.3B

In 2022, China exported $23.1B in Air Conditioners. The main destinations of China exports on Air Conditioners were United States ($3.26B), Japan ($2.21B), Saudi Arabia ($975M), Mexico ($888M), and Italy ($804M).

In 2022, China imported $715M in Air Conditioners, mainly from Germany ($157M), United Arab Emirates ($138M), Japan ($115M), South Korea ($97.9M), and Thailand ($37.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Air Conditioners EXPORT MARKETS FOR China WERE (2021 - 2022):
Iraq$237M (50.1%)
United Arab Emirates$201M (39.5%)
Saudi Arabia$188M (23.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Air Conditioners BY China WERE (2021 - 2022):
Hong Kong-$149M (-30.1%)
Japan-$130M (-5.57%)
Brazil-$127M (-16.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Air Conditioners were:
Thailand $7.26B
Mexico $6.1B
In 2022, China's main importing competitors in Air Conditioners were:
United States $13.1B
Germany $2.75B
Japan $2.71B

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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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