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2022
Exports $2.81BWorld Rnk 4 / 198
Flag Rnk 117 / 1217
2022
Destination $241M Canada
2021 - 2022
FASTEST GROWING MARKET $241MCanada
2022
PRODUCT COMPLEXITY IN Air Conditioners0.55Rnk 346 / 1025
2022
Imports $13.1BWorld Rnk 1 / 224
Flag Rnk 49 / 1216
2022
Origin $1.04B Mexico
2021 - 2022
FASTEST GROWING ORIGIN $1.04BMexico
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $2.81B in Air Conditioners, making it the 4th largest exporter of Air Conditioners in the world. At the same year, Air Conditioners was the 117th most exported product in United States. The main destination of Air Conditioners exports from United States are: Canada ($1.45B), Mexico ($478M), Singapore ($133M), United Arab Emirates ($48.8M), and United Kingdom ($47.5M).

The fastest growing export markets for Air Conditioners of United States between 2021 and 2022 were Canada ($241M), Mexico ($78M), and United Arab Emirates ($18.5M).

Imports In 2022, United States imported $13.1B in Air Conditioners, becoming the 1st largest importer of Air Conditioners in the world. At the same year, Air Conditioners was the 49th most imported product in United States. United States imports Air Conditioners primarily from: Mexico ($5.85B), China ($3.26B), Thailand ($1.34B), Canada ($797M), and Japan ($492M).

The fastest growing import markets in Air Conditioners for United States between 2021 and 2022 were Mexico ($1.04B), Thailand ($377M), and Japan ($145M).

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

September 2024

About

Overview In September 2024 United States' Air Conditioners exports accounted up to $273M and imports accounted up to $1.23B, resulting in a negative trade balance of $960M. Between September 2023 and September 2024 the exports of United States'   Air Conditioners have increased by $26.3M (10.7%) from $247M to $273M, while imports increased by $173M (16.4%) from $1.06B to $1.23B.

Destinations In September 2024, Air Conditioners were exported mostly to Canada ($129M), Mexico ($82.2M), Brazil ($4.29M), China ($3.97M), and United Kingdom ($3.95M), and were imported mostly from Mexico ($655M), China ($215M), Canada ($126M), Thailand ($78.1M), and Japan ($35.6M).

Growth In September 2024, the increase in Air Conditioners's year-by-year exports was explained primarily by an increase in exports to Canada ($11.3M or 11.4%), Mexico ($10.1M or 30.5%), and Brazil ($2.96M or 118%). In September 2024, the increase in Air Conditioners's year-by-year imports was explained primarily by an increase in imports from Mexico ($78.4M or 19.7%), Thailand ($42.8M or 43.3%), and Canada ($30.2M or 57.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$26.3M(10.7%)
IMPORT GROWTH (September 2023 - September 2024)$173M(16.4%)
MAIN EXPORTER (September 2024)Texas$81.5M
MAIN DESTINATION (September 2024)Canada$129M

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 (2022)$2.81B
IMPORTS (2022)$13.1B
NET TRADE (2022)-$10.2B

In 2022, United States exported $2.81B in Air Conditioners. The main destinations of United States exports on Air Conditioners were Canada ($1.45B), Mexico ($478M), Singapore ($133M), United Arab Emirates ($48.8M), and United Kingdom ($47.5M).

In 2022, United States imported $13.1B in Air Conditioners, mainly from Mexico ($5.85B), China ($3.26B), Thailand ($1.34B), Canada ($797M), and Japan ($492M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Air Conditioners EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$241M (20%)
Mexico$78M (19.5%)
United Arab Emirates$18.5M (61.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Air Conditioners BY United States WERE (2021 - 2022):
United Kingdom-$41M (-46.3%)
Russia-$6.01M (-92%)
Czechia-$5.91M (-87.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Air Conditioners were:
China $23.1B
Thailand $7.26B
Mexico $6.1B
In 2022, United States's main importing competitors in Air Conditioners were:
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 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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