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841590 (Harmonized System 1992 for 6-digit)

2022
World Trade $27.6BRnk 118 / 4648
2022
Top Exporter | Top Importer $8.48B | $7.53BChina | United States
2022
Product Complexity 1.1Rnk 644 / 4653
2021 - 2022
Export Growth (CAGR) 14.2%Rnk 1189 / 4648
2022
Share of World Trade 0.12%Rnk 118 / 4648

About

Overview This page contains the latest trade data of Parts for air conditioners. In 2022, Parts for air conditioners were the world's 118th most traded product, with a total trade of $27.6B. Between 2021 and 2022 the exports of Parts for air conditioners grew by 14.2%, from $24.2B to $27.6B. Trade in Parts for air conditioners represent 0.12% of total world trade.

Parts for air conditioners are a part of Air Conditioners.

Exports In 2022 the top exporters of Parts for air conditioners  were China ($8.48B), Mexico ($3.91B), Thailand ($2.13B), Czechia ($1.48B), and United States ($1.41B).

Imports In 2022 the top importers of Parts for air conditioners were United States ($7.53B), France ($1.28B), Germany ($1.28B), Japan ($1.22B), and Italy ($1.2B).

Ranking Parts for air conditioners ranks 644th in the Product Complexity Index (PCI).

Description The common parts for air conditioners are the compressor, condenser coil, expansion valve, evaporator coil, and the air handler. The compressor is used to change the refrigerant from a liquid to a gas and cools the air. The condenser coil is the part of the air conditioner that cools the refrigerant by transferring the heat to the outside air. The expansion valve removes the pressure from the system and allows the refrigerant to be pushed through the evaporator coil. The evaporator coil is the part of the air conditioner that cools the air by taking the

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Parts for 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$8.48B
Top Destination (2022)United States$7.53B

In 2022 Parts for air conditioners were the world's 118th most traded product (out of 4,648).

In 2022, the top exporters of Parts for air conditioners were China ($8.48B), Mexico ($3.91B), Thailand ($2.13B), Czechia ($1.48B), and United States ($1.41B).

In 2022, the top importers of Parts for air conditioners were United States ($7.53B), France ($1.28B), Germany ($1.28B), Japan ($1.22B), and Italy ($1.2B).

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Exporters of Parts for air conditioners (2022)
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Importers of Parts for air conditioners (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$1.05B
Top Destination Growth (2021 -  2022)United States$1.43B

Between 2021 and 2022, the exports of Parts for air conditioners grew the fastest in China ($1.05B), Mexico ($866M), Thailand ($298M), United States ($186M), and Spain ($135M).

Between 2021 and 2022, the fastest growing importers of Parts for air conditioners were United States ($1.43B), Italy ($215M), France ($162M), Canada ($155M), and South Korea ($128M).

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Exporters of Parts for air conditioners (2021 - 2022)

Importers of Parts for air conditioners (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Parts for air conditioners.

In 2022, market concentration measured using Shannon Entropy, was 3.86. This means that most of the exports of Parts for air conditioners are explained by 14 countries.

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Value of Exports in Parts for air conditioners

Net Trade

TOP NET EXPORTER (2022)China$8.13B
TOP NET IMPORTER (2022)United States$6.11B

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

In 2022, the countries that had a largest trade value in exports than in imports of Parts for air conditioners were China ($8.13B), Mexico ($3.35B), Thailand ($1.77B), Czechia ($1.05B), and Malaysia ($385M).

In 2022, the countries that had a largest trade value in imports than in exports of Parts for air conditioners were United States ($6.11B), France ($1.05B), Canada ($832M), Australia ($595M), and Italy ($521M).

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 Parts for air conditioners.
It is possible to select the main countries that export or import Parts for air conditioners in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Parts for air conditioners 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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