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Pricing

Air conditioning machines; comprising a motor driven fan and elements for changing the temperature and humidity, including those machines in which the humidity cannot be separately regulated

8415 (Harmonized System 1992 for 4-digit)

2022
World Trade $63.4BRnk 69 / 1218
2022
Top Exporter | Top Importer $23.1B | $13.1BChina | United States
2022
Product Complexity 0.37Rnk 428 / 1033
2021 - 2022
Export Growth (CAGR) 9.57%Rnk 422 / 1218
2022
Share of World Trade 0.27%Rnk 69 / 1218

About

Overview This page contains the latest trade data of Air Conditioners. In 2022, Air Conditioners were the world's 69th most traded product, with a total trade of $63.4B. Between 2021 and 2022 the exports of Air Conditioners grew by 9.57%, from $57.9B to $63.4B. Trade in Air Conditioners represent 0.27% of total world trade.

Air Conditioners are a part of Machinery, mechanical appliances, & parts. They include Parts for air conditioners, Self-Contained Window/Wall Air Conditioners, Air conditioners nes, with refrigerating unit, Air conditioners nes, without refrigerating unit, and Air conditioners nes with reverse cycle refrigeration.

Exports In 2022 the top exporters of Air Conditioners  were China ($23.1B), Thailand ($7.26B), Mexico ($6.1B), United States ($2.81B), and Italy ($1.99B).

Imports In 2022 the top importers of Air Conditioners were United States ($13.1B), Germany ($2.75B), Japan ($2.71B), Canada ($2.38B), and France ($2.29B).

Ranking Air Conditioners ranks 428th in the Product Complexity Index (PCI).

Description Air conditioning machines are used to change the temperature and humidity of a room. They are usually powered by electricity, but can also be powered by other sources, such as gas or steam.

Latest Trends

Latest Data

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Y-AXIS SCALE

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

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

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)China$23.1B
Top Destination (2022)United States$13.1B

In 2022 Air Conditioners were the world's 69th most traded product (out of 1,218).

In 2022, the top exporters of Air Conditioners were China ($23.1B), Thailand ($7.26B), Mexico ($6.1B), United States ($2.81B), and Italy ($1.99B).

In 2022, the top importers of Air Conditioners were United States ($13.1B), Germany ($2.75B), Japan ($2.71B), Canada ($2.38B), and France ($2.29B).

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Exporters of Air Conditioners (2022)
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Importers of Air Conditioners (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$1.94B
Top Destination Growth (2021 -  2022)United States$1.76B

Between 2021 and 2022, the exports of Air Conditioners grew the fastest in China ($1.94B), Mexico ($1.03B), United Arab Emirates ($869M), United States ($341M), and Malaysia ($245M).

Between 2021 and 2022, the fastest growing importers of Air Conditioners were United States ($1.76B), Kuwait ($815M), United Arab Emirates ($418M), Canada ($347M), and Iraq ($332M).

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Exporters of Air Conditioners (2021 - 2022)

Importers of Air Conditioners (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Air Conditioners.

In 2022, market concentration measured using Shannon Entropy, was 3.78. This means that most of the exports of Air Conditioners are explained by 13 countries.

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Value of Exports in Air Conditioners

Net Trade

TOP NET EXPORTER (2022)China$22.3B
TOP NET IMPORTER (2022)United States$10.2B

This map shows which countries export or import more of Air Conditioners. Each country is colored based on the difference in exports and imports of Air Conditioners during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Air Conditioners were China ($22.3B), Thailand ($6.54B), Mexico ($4.58B), Malaysia ($1.15B), and Czechia ($1.12B).

In 2022, the countries that had a largest trade value in imports than in exports of Air Conditioners were United States ($10.2B), France ($1.71B), Canada ($1.52B), Japan ($1.28B), and Australia ($1.27B).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Air Conditioners, disaggragated by their HS6 level were Parts for air conditioners ($27.6B), Self-Contained Window/Wall Air Conditioners ($20.8B), Air conditioners nes, with refrigerating unit ($8.89B), Air conditioners nes, without refrigerating unit ($3.18B), and Air conditioners nes with reverse cycle... ($2.91B)

HS6 Disaggregation for Air Conditioners (2022)
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Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Air Conditioners.
It is possible to select the main countries that export or import Air Conditioners in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Air Conditioners by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALCanada+ $46.4M
TOP IMPORT POTENTIALThailand+ $26.6M

Air Conditioners’s highest export potential is Canada. With an export gap of $46.4M.  Air Conditioners’s highest import potential is Thailand with an import gap of $26.6M.

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Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

Related Products

This visualization shows products that are likely to be exported by countries that export Air Conditioners.

Country by Relatedness

The following visualization shows the relatedness of Air Conditioners to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2022)

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