2023
Exports
$2.85BWorld Rnk 4 / 208
Flag Rnk 110 / 1217
2023
PRODUCT COMPLEXITY IN Air Conditioners
0.51Rnk 371 / 1025
2023
Imports
$14.2BWorld Rnk 1 / 224
Flag Rnk 37 / 1215
2023
ECONOMIC COMPLEXITY of United States
1.5Rnk 10 / 132

About

Exports In 2023, United States exported $2.85B in Air Conditioners, making it the 4th largest exporter of Air Conditioners in the world. At the same year, Air Conditioners was the 110th most exported product in United States. The main destination of Air Conditioners exports from United States are: Canada ($1.17B), Mexico ($557M), United Kingdom ($159M), United Arab Emirates ($88.4M), and Germany ($78M).

The fastest growing export markets for Air Conditioners of United States between 2022 and 2023 were Mexico ($102M), Germany ($25.1M), and Brazil ($16.3M).

Imports In 2023, United States imported $14.2B in Air Conditioners, becoming the 1st largest importer of Air Conditioners in the world. At the same year, Air Conditioners was the 37th most imported product in United States. United States imports Air Conditioners primarily from: Mexico ($6.84B), China ($2.78B), Thailand ($1.49B), Canada ($1.11B), and Japan ($600M).

The fastest growing import markets in Air Conditioners for United States between 2022 and 2023 were Mexico ($783M), Canada ($348M), and Japan ($67.3M).

COMPANIES In 2023, leading companies such as General Motors (9.97k), ZF Friedrichshafen (7.21k), and Ford Motor Company (2.52k) were at the forefront of shipping Air Conditioners to the United States.

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$15.7M(6.95%)
IMPORT GROWTH (November 2023 - November 2024)$337M(38.5%)
MAIN EXPORTER (November 2024)Texas$81.5M
MAIN DESTINATION (November 2024)Canada$110M

This section shows Air Conditioners's exports and imports data at subnational level for United States. 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)$2.85B
IMPORTS (2023)$14.2B
NET TRADE (2023)-$11.3B

In 2023, United States exported $2.85B in Air Conditioners. The main destinations of United States exports on Air Conditioners were Canada ($1.17B), Mexico ($557M), United Kingdom ($159M), United Arab Emirates ($88.4M), and Germany ($78M).

In 2023, United States imported $14.2B in Air Conditioners, mainly from Mexico ($6.84B), China ($2.78B), Thailand ($1.49B), Canada ($1.11B), and Japan ($600M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Air Conditioners EXPORT MARKETS FOR United States WERE (2022 - 2023):
Mexico$102M (22.4%)
Germany$25.1M (47.5%)
Brazil$16.3M (68.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Air Conditioners BY United States WERE (2022 - 2023):
Singapore-$94.1M (-62.3%)
Canada-$26.6M (-2.22%)
Saudi Arabia-$15.2M (-35.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Air Conditioners were:
China $22.3B
Mexico $7.33B
In 2023, United States's main importing competitors in Air Conditioners were:
Germany $2.79B
Japan $2.49B

Explore Visualizations

Trade Value of Air Conditioners by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $35.7M
TOP IMPORT POTENTIALChina+ $513M

Air Conditioners’s highest export potential is Germany. With an export gap of $35.7M.   Air Conditioners’s highest import potential is China with an import gap of $513M.

See methodology.

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