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841581 (Harmonized System 1992 for 6-digit)

2023
World Trade $3.46BRnk 1003 / 4644
2023
Top Exporter | Top Importer $1.04B | $384MChina | United States
2023
Product Complexity 0.52Rnk 1631 / 4656
2022 - 2023
Export Growth (CAGR) 18%Rnk 335 / 4644
2023
Share of World Trade 0.015%Rnk 1003 / 4644

About

Overview This page contains the latest trade data of Air conditioners nes with reverse cycle refrigeration. In 2023, Air conditioners nes with reverse cycle refrigeration were the world's 1003rd most traded product, with a total trade of $3.46B. Between 2022 and 2023 the exports of Air conditioners nes with reverse cycle refrigeration grew by 18%, from $2.94B to $3.46B. Trade in Air conditioners nes with reverse cycle refrigeration represent 0.015% of total world trade.

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

Exports In 2023 the top exporters of Air conditioners nes with reverse cycle refrigeration  were China ($1.04B), Thailand ($560M), Mexico ($266M), Italy ($225M), and Germany ($134M).

Imports In 2023 the top importers of Air conditioners nes with reverse cycle refrigeration were United States ($384M), France ($364M), United Arab Emirates ($223M), Canada ($180M), and Poland ($155M).

Ranking Air conditioners nes with reverse cycle refrigeration ranks 1631st 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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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 (2023)China$1.04B
Top Destination (2023)United States$384M

In 2023 Air conditioners nes with reverse cycle refrigeration were the world's 1003rd most traded product (out of 4,644).

In 2023, the top exporters of Air conditioners nes with reverse cycle refrigeration were China ($1.04B), Thailand ($560M), Mexico ($266M), Italy ($225M), and Germany ($134M).

In 2023, the top importers of Air conditioners nes with reverse cycle refrigeration were United States ($384M), France ($364M), United Arab Emirates ($223M), Canada ($180M), and Poland ($155M).

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Exporters of Air conditioners nes with reverse cycle refrigeration (2023)
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Importers of Air conditioners nes with reverse cycle refrigeration (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$192M
Top Destination Growth (2022 -  2023)United Arab Emirates$114M

Between 2022 and 2023, the exports of Air conditioners nes with reverse cycle refrigeration grew the fastest in China ($192M), Thailand ($169M), Germany ($58.4M), Italy ($56.2M), and Netherlands ($48M).

Between 2022 and 2023, the fastest growing importers of Air conditioners nes with reverse cycle refrigeration were United Arab Emirates ($114M), France ($104M), United States ($76.2M), Italy ($56M), and Canada ($53.5M).

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Exporters of Air conditioners nes with reverse cycle refrigeration (2022 - 2023)

Importers of Air conditioners nes with reverse cycle refrigeration (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 3.88. This means that most of the exports of Air conditioners nes with reverse cycle refrigeration are explained by 14 countries.

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Value of Exports in Air conditioners nes with reverse cycle refrigeration

Net Trade

TOP NET EXPORTER (2023)China$1.02B
TOP NET IMPORTER (2023)United States$276M

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Air conditioners nes with reverse cycle refrigeration were China ($1.02B), Thailand ($556M), Mexico ($236M), South Korea ($123M), and Italy ($84.4M).

In 2023, the countries that had a largest trade value in imports than in exports of Air conditioners nes with reverse cycle refrigeration were United States ($276M), France ($276M), United Arab Emirates ($206M), Canada ($162M), and Poland ($119M).

Net Trade (2023)

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 (2023)

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