2022
Exports
$310MWorld Rnk 24 / 198
Flag Rnk 227 / 1212
2022
PRODUCT COMPLEXITY IN Air Conditioners
0.55Rnk 346 / 1025
2022
Imports
$742MWorld Rnk 25 / 224
Flag Rnk 132 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $310M in Air Conditioners, making it the 24th largest exporter of Air Conditioners in the world. At the same year, Air Conditioners was the 227th most exported product in India. The main destination of Air Conditioners exports from India are: United Arab Emirates ($68M), United States ($36M), Bangladesh ($16.2M), Saudi Arabia ($12.7M), and China ($10.8M).

The fastest growing export markets for Air Conditioners of India between 2021 and 2022 were United Arab Emirates ($39.2M), Bangladesh ($11.4M), and Saudi Arabia ($6.23M).

Imports In 2022, India imported $742M in Air Conditioners, becoming the 25th largest importer of Air Conditioners in the world. At the same year, Air Conditioners was the 132nd most imported product in India. India imports Air Conditioners primarily from: Thailand ($323M), China ($246M), South Korea ($51.9M), Japan ($24.8M), and United Kingdom ($16.3M).

The fastest growing import markets in Air Conditioners for India between 2021 and 2022 were Thailand ($18.2M), South Korea ($10.2M), and United States ($4.57M).

COMPANIES In 2023, leading companies such as ZF Friedrichshafen (28), Ford Motor Company (14), and Schaeffler Group (8) were at the forefront of shipping Air Conditioners from India to the United States.

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

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

The following visualization shows the latest trends on Air Conditioners. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$310M
IMPORTS (2022)$742M
NET TRADE (2022)-$432M

In 2022, India exported $310M in Air Conditioners. The main destinations of India exports on Air Conditioners were United Arab Emirates ($68M), United States ($36M), Bangladesh ($16.2M), Saudi Arabia ($12.7M), and China ($10.8M).

In 2022, India imported $742M in Air Conditioners, mainly from Thailand ($323M), China ($246M), South Korea ($51.9M), Japan ($24.8M), and United Kingdom ($16.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Air Conditioners EXPORT MARKETS FOR India WERE (2021 - 2022):
Bangladesh$11.4M (235%)
Saudi Arabia$6.23M (96.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Air Conditioners BY India WERE (2021 - 2022):
Sri Lanka-$7.96M (-46.7%)
Poland-$2.96M (-43.3%)
Nigeria-$1.51M (-17.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Air Conditioners were:
China $23.1B
In 2022, India's main importing competitors in Air Conditioners were:

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Trade Value of Air Conditioners by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $47.6M
TOP IMPORT POTENTIALChina+ $296M

Air Conditioners’s highest export potential is United States. With an export gap of $47.6M.   Air Conditioners’s highest import potential is China with an import gap of $296M.

See methodology.

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