The overall value of exported air conditioners grew by an average 24% from 5 years earlier in 2019 when international shipments of air conditioners were valued at $49.6 billion.
From 2022 to 2023, the value of air conditioner exports flatlined via a 0.6% rise starting from $61.1 billion for 2022.
The 5 biggest exporters of air conditioners are mainland China, Mexico, Thailand, United States of America, and Italy. Collectively, that cohort of major providers generated almost two-thirds (65.3%) of the value for all air conditioners exported during 2023. That percentage indicates a relatively concentrated cohort of international suppliers.
Among continents, suppliers in Asian countries sold the highest dollar worth of exported air conditioners during 2023 with shipments valued at $34.3 billion or 55.8% of the global total. In second place were exporters in Europe at 25.4% while another 18% of air conditioners shipments originated from North America.
Tinier percentages came from sellers in Latin America (0.4%) excluding Mexico but including the Caribbean, Africa (0.3%), then Oceania (0.1%) led by Australia and New Zealand.
For research purposes, the 4-digit Harmonized Tariff System code prefix is 8415 for air conditioners.
Air Conditioners Exports by Country
Below are the 15 countries that exported the highest dollar value worth of air conditioners during 2023.
- mainland China: US$21.5 billion (35.0% of exported air conditioners)
- Mexico: $6.8 billion (11%)
- Thailand: $6.4 billion (10.4%)
- United States: $3 billion (4.9%)
- Italy: $2.4 billion (3.9%)
- Germany: $2.08 billion (3.4%)
- Czech Republic: $2.06 billion (3.4%)
- South Korea: $1.36 billion (2.2%)
- Netherlands: $1.31 billion (2.1%)
- Malaysia: $1.28 billion (2.1%)
- Belgium: $1.25 billion (2%)
- Canada: $1.24 billion (2%)
- Japan: $1.1 billion (1.7%)
- Spain: $974.3 million (1.6%)
- Türkiye: $910.6 million (1.5%)
By value, the listed 15 countries shipped 87.3% of total air conditioners exported in 2023.
Among the top exporters, the fastest-growing air conditioners exporters since 2022 were: Canada (up 43.4%), Italy (up 18.2%), Mexico (up 11.3%) and the Czech Republic (up 11.2%).
Those major suppliers that posted declines in their exported air conditioners sales were: Malaysia (down -20.4% from 2022), Japan (down -10%), Thailand (down -7.8%), South Korea (down -4%) and mainland China (down -1%).
Searchable List of Air Conditioners Exporting Countries in 2023
By value, the 100 biggest exporters itemized in the following automated database account for 99.97% of exported air conditioners during 2023.
| Rank | Exporter | Air Conditioner Exports | 2022-3 |
|---|---|---|---|
| 1. | mainland China | $21,517,563,000 | -1% |
| 2. | Mexico | $6,792,966,000 | +11.3% |
| 3. | Thailand | $6,420,271,000 | -7.8% |
| 4. | United States | $3,028,414,000 | +1.3% |
| 5. | Italy | $2,386,759,000 | +18.2% |
| 6. | Germany | $2,077,037,000 | +8.3% |
| 7. | Czech Republic | $2,064,580,000 | +11.2% |
| 8. | South Korea | $1,362,846,000 | -4% |
| 9. | Netherlands | $1,306,189,000 | +1.3% |
| 10. | Malaysia | $1,277,656,000 | -20.4% |
| 11. | Belgium | $1,254,685,000 | +2.1% |
| 12. | Canada | $1,241,151,000 | +43.4% |
| 13. | Japan | $1,063,281,000 | -10% |
| 14. | Spain | $974,296,000 | +5.6% |
| 15. | Türkiye | $910,569,000 | +6% |
| 16. | Slovakia | $855,500,000 | +11.3% |
| 17. | Poland | $742,022,000 | +7.1% |
| 18. | France | $639,586,000 | +11.9% |
| 19. | Austria | $563,131,000 | +4.1% |
| 20. | United Kingdom | $551,390,000 | +1.4% |
| 21. | Sweden | $354,366,000 | +5.6% |
| 22. | Hong Kong | $332,736,000 | -6% |
| 23. | India | $314,211,000 | +9.9% |
| 24. | Hungary | $291,112,000 | +19.7% |
| 25. | Singapore | $283,679,000 | +3% |
| 26. | Denmark | $253,999,000 | +30.9% |
| 27. | Romania | $190,821,000 | +13.1% |
| 28. | Lithuania | $159,170,000 | -8.6% |
| 29. | Vietnam | $131,145,000 | +17.1% |
| 30. | Bulgaria | $119,914,000 | +18.3% |
| 31. | Jordan | $119,733,000 | +35.9% |
| 32. | Panama | $117,509,000 | +5.5% |
| 33. | Ireland | $115,699,000 | +130% |
| 34. | Croatia | $106,505,000 | +3.3% |
| 35. | Indonesia | $106,486,000 | -21.3% |
| 36. | Brazil | $98,800,000 | +14.2% |
| 37. | Portugal | $91,236,000 | +37.9% |
| 38. | Slovenia | $87,446,000 | +31.2% |
| 39. | Israel | $83,883,000 | +11% |
| 40. | Taiwan | $83,403,000 | -11.8% |
| 41. | Greece | $80,134,000 | +11.6% |
| 42. | United Arab Emirates | $78,428,000 | -91.6% |
| 43. | Philippines | $77,526,000 | -25.3% |
| 44. | Switzerland | $69,375,000 | +35.4% |
| 45. | Morocco | $68,968,000 | +34% |
| 46. | Finland | $64,877,000 | +1.6% |
| 47. | South Africa | $53,330,000 | -6% |
| 48. | Estonia | $52,236,000 | -7.2% |
| 49. | Australia | $45,702,000 | +5% |
| 50. | Bahrain | $42,817,000 | -21.8% |
| 51. | Russia | $35,090,000 | +48.2% |
| 52. | Kazakhstan | $34,266,000 | +128.7% |
| 53. | New Zealand | $33,327,000 | +21.9% |
| 54. | Armenia | $31,915,000 | +1712% |
| 55. | Malta | $30,678,000 | +28.2% |
| 56. | Saudi Arabia | $25,656,000 | -73.2% |
| 57. | Egypt | $25,184,000 | -16.8% |
| 58. | Tunisia | $25,089,000 | +36.9% |
| 59. | Serbia | $19,478,000 | -1.3% |
| 60. | Norway | $16,977,000 | -1% |
| 61. | Uzbekistan | $11,684,000 | -45.5% |
| 62. | Latvia | $11,519,000 | -58.6% |
| 63. | Belarus | $10,910,000 | +877.6% |
| 64. | Moldova | $8,132,000 | +88.5% |
| 65. | Colombia | $6,539,000 | +26.4% |
| 66. | Brunei Darussalam | $4,708,000 | -19.1% |
| 67. | Georgia | $4,573,000 | +30.5% |
| 68. | Chile | $4,430,000 | +93.4% |
| 69. | Ukraine | $4,051,000 | -17% |
| 70. | Luxembourg | $2,471,000 | -0.8% |
| 71. | Guatemala | $2,278,000 | +51.4% |
| 72. | Albania | $2,021,000 | 0% |
| 73. | El Salvador | $1,814,000 | +377.4% |
| 74. | Algeria | $1,765,000 | -36.4% |
| 75. | Kuwait | $1,622,000 | -79.5% |
| 76. | Bosnia/Herzegovina | $1,490,000 | +169.9% |
| 77. | Pakistan | $1,338,000 | -42.2% |
| 78. | North Macedonia | $1,285,000 | +140.6% |
| 79. | Djibouti | $1,109,000 | +801.6% |
| 80. | Oman | $1,106,000 | -93.5% |
| 81. | Senegal | $1,069,000 | -30.8% |
| 82. | Nicaragua | $1,067,000 | +423% |
| 83. | Azerbaijan | $1,021,000 | +66.6% |
| 84. | Iran | $917,000 | -38.7% |
| 85. | Qatar | $762,000 | -70.9% |
| 86. | Burkina Faso | $637,000 | +178.2% |
| 87. | Dominican Republic | $592,000 | -52.2% |
| 88. | Costa Rica | $589,000 | +79.6% |
| 89. | Kenya | $582,000 | +59.5% |
| 90. | Kyrgyzstan | $542,000 | +50.6% |
| 91. | Lebanon | $519,000 | -79.1% |
| 92. | Trinidad/Tobago | $470,000 | +117.6% |
| 93. | Fiji | $437,000 | +13.8% |
| 94. | Peru | $436,000 | -31.6% |
| 95. | Tajikistan | $416,000 | 0% |
| 96. | Bangladesh | $409,000 | -79.3% |
| 97. | Montenegro | $401,000 | +248.7% |
| 98. | Iraq | $346,000 | -98.8% |
| 99. | Iceland | $326,000 | +16200% |
| 100. | Andorra | $311,000 | -71.6% |
Focusing on the 100 leading suppliers of air conditioners, the fastest growers from 2022 to 2023 were Iceland (up 16,200%), Armenia (up 1,712%), Belarus (up 877.6%), Djibouti (801.6%) and Nicaragua (up 423%).
You can change the presentation order by clicking the triangle icon at the top of the above table’s columns. An entry of 0% in the right-most column means 2022 data was unavailable.
Countries Enjoying Best Trade Surpluses from Air Conditioners
The following countries posted the highest positive net exports for air conditioners during 2023. Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports. Thus, the statistics below present the surplus between the value of each country’s exported air conditioners and its import purchases for that same commodity.
- mainland China: US$21 billion (net export surplus down -0.8% since 2022)
- Thailand: $5.9 billion (down -8.4%)
- Mexico: $4.9 billion (up 11.5%)
- Czech Republic: $1.5 billion (up 15.6%)
- Malaysia: $807.9 million (down -28.7%)
- South Korea: $463.3 million (down -9.9%)
- Slovakia: $445.9 million (up 26.1%)
- Italy: $211.4 million (reversing a -$405.9 million deficit)
- Türkiye: $122 million (down -25.4%)
- Denmark: $96.5 million (up 145%)
- Belgium: $76.5 million (down -51.3%)
- Lithuania: $24.9 million (up 61.9%)
- Jordan: $4.9 million (reversing a -$6.1 million deficit)
- North Korea: $233,000 (down -67.5%)
- French Southern/Antarctic Terr: $8,000 (reversing a -$1,000 deficit)
Mainland China generated the highest surplus in the international trade of air conditioners. In turn, this positive cashflow confirms strong Chinese competitive advantages for this specific product category.
Countries Incurring Worst Trade Deficits from Air Conditioners
The following countries posted the highest negative net exports for air conditioners during 2023. Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports. Thus, the statistics below present the deficit between the value of each country’s imported air conditioners purchases and its exports for that same commodity.
- United States: US-$11.2 billion (net export deficit up 2.3% since 2022)
- France: -$1.9 billion (up 8.8%)
- Japan: -$1.38 billion (down -13.4%)
- Saudi Arabia: -$1.33 billion (down -0.1%)
- United Arab Emirates: -$1.27 billion (up 92.2%)
- Canada: -$1.14 billion (down -25.6%)
- Australia: -$1.06 billion (down -13.9%)
- Iraq: -$1.04 billion (down -0.1%)
- Russia: -$921.3 million (up 3%)
- Vietnam: -$915.9 million (up 2.8%)
- Germany: -$810.1 million (up 48.6%)
- United Kingdom: -$745 million (up 12.3%)
- Indonesia: -$729.7 million (up 17.3%)
- Spain: -$728.5 million (up 24.8%)
- Brazil: -$588.9 million (up 0.3%)
The United States of America incurred the highest deficit in the international trade of air conditioners. In turn, this negative cashflow confirms America’s strong competitive disadvantage for this specific product category but also signals opportunities for air conditioners-supplying countries that help satisfy the powerful demand.
Top 10 Air Conditioner Brands
According to adjudication criteria established by ASM All Systems Mechanical, below are the 10 brands for air conditioners.
- Amana Air Conditioning and Heating
- Bryant Heating and Air Conditioning
- Carrier Air Conditioning and Heating
- Day and Night Air Conditioning and Heating Equipment
- Goodman Heating and Air Conditioning
- Lennox Air Conditioning and Heating
- Mitsubishi Electric Ductless Split Heating and Air Conditioning
- Rheem Heating and Air Conditioning
- Trane Heating and Air Conditioning
- York Heating and Air Conditioning
See also Electronic Circuit Component Exports by Country, Electricity Exports by Country and Lithium Ion Batteries Exports by Country
Research Sources:
ASM All Systems Mechanical, Top 10 Air Conditioner Brands of 2022. Accessed on October 13, 2024
Central Intelligence Agency, The World Factbook Field Listing: Exports – Commodities. Accessed on October 13, 2024
Forbes Global 2000 rankings, The World’s Biggest Public Companies. Accessed on October 13, 2024
International Trade Centre, Trade Map. Accessed on October 13, 2024
Investopedia, Net Exports Definition. Accessed on October 13, 2024