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841581 (Harmonized System 1992 for 6-digit)

2022
World Trade $2.91BRnk 1175 / 4648
2022
Top Exporter | Top Importer $739M | $305MChina | United States
2022
Product Complexity 0.27Rnk 2068 / 4653
2021 - 2022
Export Growth (CAGR) -7.3%Rnk 3773 / 4648
2022
Share of World Trade 0.012%Rnk 1175 / 4648

About

Overview This page contains the latest trade data of Air conditioners nes with reverse cycle refrigeration. In 2022, Air conditioners nes with reverse cycle refrigeration were the world's 1175th most traded product, with a total trade of $2.91B. Between 2021 and 2022 the exports of Air conditioners nes with reverse cycle refrigeration decreased by -7.3%, from $3.14B to $2.91B. Trade in Air conditioners nes with reverse cycle refrigeration represent 0.012% of total world trade.

Air conditioners nes with reverse cycle refrigeration are a part of Air Conditioners.

Exports In 2022 the top exporters of Air conditioners nes with reverse cycle refrigeration  were China ($739M), Thailand ($578M), Mexico ($233M), Italy ($219M), and South Korea ($113M).

Imports In 2022 the top importers of Air conditioners nes with reverse cycle refrigeration were United States ($305M), France ($232M), Germany ($169M), Poland ($135M), and Canada ($124M).

Ranking Air conditioners nes with reverse cycle refrigeration ranks 2068th in the Product Complexity Index (PCI).

Description A reverse cycle air conditioner is a system which can cool an area by using a refrigerant to remove heat from the air. The refrigerant changes from a gas to a liquid while absorbing heat, and then releases the heat to the outside air when it returns to a gas.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Air conditioners nes with reverse cycle refrigeration. 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$739M
Top Destination (2022)United States$305M

In 2022 Air conditioners nes with reverse cycle refrigeration were the world's 1175th most traded product (out of 4,648).

In 2022, the top exporters of Air conditioners nes with reverse cycle refrigeration were China ($739M), Thailand ($578M), Mexico ($233M), Italy ($219M), and South Korea ($113M).

In 2022, the top importers of Air conditioners nes with reverse cycle refrigeration were United States ($305M), France ($232M), Germany ($169M), Poland ($135M), and Canada ($124M).

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Exporters of Air conditioners nes with reverse cycle refrigeration (2022)
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Importers of Air conditioners nes with reverse cycle refrigeration (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)South Korea$63.8M
Top Destination Growth (2021 -  2022)Poland$65.8M

Between 2021 and 2022, the exports of Air conditioners nes with reverse cycle refrigeration grew the fastest in South Korea ($63.8M), China ($63.5M), Italy ($56.2M), Bahrain ($19.1M), and Saudi Arabia ($18.7M).

Between 2021 and 2022, the fastest growing importers of Air conditioners nes with reverse cycle refrigeration were Poland ($65.8M), United Arab Emirates ($57.6M), Netherlands ($52.1M), Kuwait ($41.3M), and Hungary ($20.6M).

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Exporters of Air conditioners nes with reverse cycle refrigeration (2021 - 2022)

Importers of Air conditioners nes with reverse cycle refrigeration (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Air conditioners nes with reverse cycle refrigeration.

In 2022, market concentration measured using Shannon Entropy, was 4.02. This means that most of the exports of Air conditioners nes with reverse cycle refrigeration are explained by 16 countries.

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Value of Exports in Air conditioners nes with reverse cycle refrigeration

Net Trade

TOP NET EXPORTER (2022)China$730M
TOP NET IMPORTER (2022)United States$212M

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

In 2022, the countries that had a largest trade value in exports than in imports of Air conditioners nes with reverse cycle refrigeration were China ($730M), Thailand ($569M), Mexico ($208M), South Korea ($109M), and Italy ($101M).

In 2022, the countries that had a largest trade value in imports than in exports of Air conditioners nes with reverse cycle refrigeration were United States ($212M), France ($198M), Germany ($133M), Poland ($106M), and Canada ($105M).

Net Trade (2022)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Air conditioners nes with reverse cycle refrigeration 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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