2022
Exports
$7.26BWorld Rnk 2 / 198
Flag Rnk 8 / 1211
2022
PRODUCT COMPLEXITY IN Air Conditioners
0.55Rnk 346 / 1025
2022
Imports
$723MWorld Rnk 26 / 224
Flag Rnk 82 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $7.26B in Air Conditioners, making it the 2nd largest exporter of Air Conditioners in the world. At the same year, Air Conditioners was the 8th most exported product in Thailand. The main destination of Air Conditioners exports from Thailand are: United States ($1.34B), Australia ($752M), Vietnam ($477M), Chinese Taipei ($328M), and Japan ($328M).

The fastest growing export markets for Air Conditioners of Thailand between 2021 and 2022 were United States ($377M), United Arab Emirates ($140M), and South Korea ($41.4M).

Imports In 2022, Thailand imported $723M in Air Conditioners, becoming the 26th largest importer of Air Conditioners in the world. At the same year, Air Conditioners was the 82nd most imported product in Thailand. Thailand imports Air Conditioners primarily from: China ($494M), Malaysia ($51.6M), Japan ($47M), South Korea ($45.1M), and Thailand ($13.9M).

The fastest growing import markets in Air Conditioners for Thailand between 2021 and 2022 were Thailand ($11.7M), Malaysia ($5.43M), and Indonesia ($4.77M).

COMPANIES In 2023, leading companies such as Ford Motor Company (125), LG Electronics (95), and Electrolux (21) were at the forefront of shipping Air Conditioners from Thailand to the United States.

Latest Trends

Aug 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)$7.26B
IMPORTS (2022)$723M
NET TRADE (2022)$6.54B

In 2022, Thailand exported $7.26B in Air Conditioners. The main destinations of Thailand exports on Air Conditioners were United States ($1.34B), Australia ($752M), Vietnam ($477M), Chinese Taipei ($328M), and Japan ($328M).

In 2022, Thailand imported $723M in Air Conditioners, mainly from China ($494M), Malaysia ($51.6M), Japan ($47M), South Korea ($45.1M), and Thailand ($13.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Air Conditioners EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
United States$377M (39.3%)
South Korea$41.4M (29%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Air Conditioners BY Thailand WERE (2021 - 2022):
Australia-$246M (-24.7%)
Germany-$71.4M (-28.9%)
Japan-$70.5M (-17.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Air Conditioners were:
China $23.1B
In 2022, Thailand'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 POTENTIALJapan+ $72.9M
TOP IMPORT POTENTIALChina+ $45.7M

Air Conditioners’s highest export potential is Japan. With an export gap of $72.9M.   Air Conditioners’s highest import potential is China with an import gap of $45.7M.

See methodology.

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