2023
Exports
$7.86BWorld Rnk 2 / 208
Flag Rnk 8 / 1212
2023
PRODUCT COMPLEXITY IN Air Conditioners
0.51Rnk 371 / 1025
2023
Imports
$576MWorld Rnk 29 / 224
Flag Rnk 93 / 1212
2023
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 132

About

Exports In 2023, Thailand exported $7.86B 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 ($1.49B), Australia ($957M), Vietnam ($480M), India ($388M), and Japan ($316M).

The fastest growing export markets for Air Conditioners of Thailand between 2022 and 2023 were Australia ($135M), France ($53.7M), and Saudi Arabia ($41.8M).

Imports In 2023, Thailand imported $576M in Air Conditioners, becoming the 29th largest importer of Air Conditioners in the world. At the same year, Air Conditioners was the 93rd most imported product in Thailand. Thailand imports Air Conditioners primarily from: China ($391M), Japan ($47M), Malaysia ($46.3M), United States ($19.6M), and South Korea ($18.8M).

The fastest growing import markets in Air Conditioners for Thailand between 2022 and 2023 were China ($4.7M), Mexico ($2.13M), and Japan ($2.12M).

COMPANIES In 2024, leading companies such as Electrolux (119), Ford Motor Company (88), and LG Electronics (31) were at the forefront of shipping Air Conditioners from Thailand to the United States.

Latest Trends

Dec 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 (2023)$7.86B
IMPORTS (2023)$576M
NET TRADE (2023)$7.28B

In 2023, Thailand exported $7.86B in Air Conditioners. The main destinations of Thailand exports on Air Conditioners were United States ($1.49B), Australia ($957M), Vietnam ($480M), India ($388M), and Japan ($316M).

In 2023, Thailand imported $576M in Air Conditioners, mainly from China ($391M), Japan ($47M), Malaysia ($46.3M), United States ($19.6M), and South Korea ($18.8M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Air Conditioners EXPORT MARKETS FOR Thailand WERE (2022 - 2023):
Australia$135M (16.5%)
France$53.7M (22%)
Saudi Arabia$41.8M (51.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Air Conditioners BY Thailand WERE (2022 - 2023):
United States-$173M (-10.4%)
Chinese Taipei-$115M (-33.3%)
Finland-$54.8M (-51.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Thailand's main exporting competitors in Air Conditioners were:
China $22.3B
Mexico $7.33B
In 2023, 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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