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841582 (Harmonized System 1992 for 6-digit)

2022
World Trade $8.89BRnk 459 / 4648
2022
Top Exporter | Top Importer $1.71B | $2.82BMexico | United States
2022
Product Complexity 0.24Rnk 2113 / 4653
2021 - 2022
Export Growth (CAGR) 7.93%Rnk 1843 / 4648
2022
Share of World Trade 0.038%Rnk 459 / 4648

About

Overview This page contains the latest trade data of Air conditioners nes, with refrigerating unit. In 2022, Air conditioners nes, with refrigerating unit were the world's 459th most traded product, with a total trade of $8.89B. Between 2021 and 2022 the exports of Air conditioners nes, with refrigerating unit grew by 7.93%, from $8.23B to $8.89B. Trade in Air conditioners nes, with refrigerating unit represent 0.038% of total world trade.

Air conditioners nes, with refrigerating unit are a part of Air Conditioners.

Exports In 2022 the top exporters of Air conditioners nes, with refrigerating unit  were Mexico ($1.71B), China ($1.6B), United States ($878M), United Arab Emirates ($752M), and Germany ($541M).

Imports In 2022 the top importers of Air conditioners nes, with refrigerating unit were United States ($2.82B), Kuwait ($711M), Canada ($659M), Germany ($648M), and Mexico ($228M).

Ranking Air conditioners nes, with refrigerating unit ranks 2113th in the Product Complexity Index (PCI).

Description Air conditioners use a refrigerating unit and a compressor to remove heat from a space. The refrigerant in the unit is hot and can be cooled by blowing cold air over it. This cools the refrigerant, which in turn cools the space that is attached to the unit.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Air conditioners nes, with refrigerating unit. 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)Mexico$1.71B
Top Destination (2022)United States$2.82B

In 2022 Air conditioners nes, with refrigerating unit were the world's 459th most traded product (out of 4,648).

In 2022, the top exporters of Air conditioners nes, with refrigerating unit were Mexico ($1.71B), China ($1.6B), United States ($878M), United Arab Emirates ($752M), and Germany ($541M).

In 2022, the top importers of Air conditioners nes, with refrigerating unit were United States ($2.82B), Kuwait ($711M), Canada ($659M), Germany ($648M), and Mexico ($228M).

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Exporters of Air conditioners nes, with refrigerating unit (2022)
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Importers of Air conditioners nes, with refrigerating unit (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United Arab Emirates$669M
Top Destination Growth (2021 -  2022)Kuwait$675M

Between 2021 and 2022, the exports of Air conditioners nes, with refrigerating unit grew the fastest in United Arab Emirates ($669M), Mexico ($170M), United States ($51.8M), Slovakia ($49M), and Malaysia ($42.3M).

Between 2021 and 2022, the fastest growing importers of Air conditioners nes, with refrigerating unit were Kuwait ($675M), United States ($253M), Canada ($88.7M), Mexico ($20.5M), and Singapore ($19.6M).

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Exporters of Air conditioners nes, with refrigerating unit (2021 - 2022)

Importers of Air conditioners nes, with refrigerating unit (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Air conditioners nes, with refrigerating unit.

In 2022, market concentration measured using Shannon Entropy, was 4.05. This means that most of the exports of Air conditioners nes, with refrigerating unit are explained by 16 countries.

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Value of Exports in Air conditioners nes, with refrigerating unit

Net Trade

TOP NET EXPORTER (2022)Mexico$1.48B
TOP NET IMPORTER (2022)United States$1.95B

This map shows which countries export or import more of Air conditioners nes, with refrigerating unit. Each country is colored based on the difference in exports and imports of Air conditioners nes, with refrigerating unit during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Air conditioners nes, with refrigerating unit were Mexico ($1.48B), China ($1.42B), United Arab Emirates ($658M), Italy ($349M), and Slovakia ($270M).

In 2022, the countries that had a largest trade value in imports than in exports of Air conditioners nes, with refrigerating unit were United States ($1.95B), Kuwait ($709M), Canada ($236M), Singapore ($127M), and Germany ($106M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Air conditioners nes, with refrigerating unit by percentage of total exports

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)

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