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2022
Exports $861MWorld Rnk 16 / 198
Flag Rnk 108 / 1210
2022
Destination $90M United States
2021 - 2022
FASTEST GROWING MARKET $90MUnited States
2022
PRODUCT COMPLEXITY IN Air Conditioners0.55Rnk 346 / 1025
2022
Imports $2.38BWorld Rnk 4 / 224
Flag Rnk 37 / 1213
2022
Origin $241M United States
2021 - 2022
FASTEST GROWING ORIGIN $241MUnited States
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $861M in Air Conditioners, making it the 16th largest exporter of Air Conditioners in the world. At the same year, Air Conditioners was the 108th most exported product in Canada. The main destination of Air Conditioners exports from Canada are: United States ($797M), Singapore ($39.3M), Mexico ($11.7M), Canada ($3.1M), and Germany ($2.13M).

The fastest growing export markets for Air Conditioners of Canada between 2021 and 2022 were United States ($90M), Singapore ($12.7M), and Mexico ($2.48M).

Imports In 2022, Canada imported $2.38B in Air Conditioners, becoming the 4th largest importer of Air Conditioners in the world. At the same year, Air Conditioners was the 37th most imported product in Canada. Canada imports Air Conditioners primarily from: United States ($1.45B), China ($529M), Mexico ($145M), Thailand ($85.5M), and South Korea ($53M).

The fastest growing import markets in Air Conditioners for Canada between 2021 and 2022 were United States ($241M), China ($80.4M), and South Korea ($20.5M).

Latest Trends

June 2024

About

Overview In June 2024 Canada's Air Conditioners exports accounted up to C$199M and imports accounted up to C$305M, resulting in a negative trade balance of C$105M. Between June 2023 and June 2024 the exports of Canada's   Air Conditioners have increased by C$22.2M (12.5%) from C$177M to C$199M, while imports decreased by C$-35.2M (-10.4%) from C$340M to C$305M.

Destinations In June 2024, Air Conditioners were exported mostly to United States (C$195M), Mexico (C$1.63M), Germany (C$1.11M), Cuba (C$571k), and Turkey (C$212k), and were imported mostly from United States (C$147M), China (C$63M), Mexico (C$48.1M), Thailand (C$18.5M), and Japan (C$12.8M).

Growth In June 2024, the increase in Air Conditioners's year-by-year exports was explained primarily by an increase in exports to United States (C$44.8M or 66.7%), Singapore (C$5.32M or 1.09k%), and Australia (C$143k or 9.17k%). In June 2024, the decrease in Air Conditioners's year-by-year imports was explained primarily by a decrease in imports from Canada (C$-369k or -58.8%), Hong Kong (C$-92k or -98.4%), and Czechia (C$-54.6k or -8.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)C$22.2M(12.5%)
IMPORT GROWTH (June 2023 - June 2024)C$-35.2M(-10.4%)
MAIN EXPORTER (June 2024)AlbertaC$94.8M
MAIN DESTINATION (June 2024)United StatesC$195M

This section shows Air Conditioners's exports and imports data at subnational level for Canada. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Air Conditioners over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$861M
IMPORTS (2022)$2.38B
NET TRADE (2022)-$1.52B

In 2022, Canada exported $861M in Air Conditioners. The main destinations of Canada exports on Air Conditioners were United States ($797M), Singapore ($39.3M), Mexico ($11.7M), Canada ($3.1M), and Germany ($2.13M).

In 2022, Canada imported $2.38B in Air Conditioners, mainly from United States ($1.45B), China ($529M), Mexico ($145M), Thailand ($85.5M), and South Korea ($53M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Air Conditioners EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$90M (12.7%)
Singapore$12.7M (47.7%)
Mexico$2.48M (26.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Air Conditioners BY Canada WERE (2021 - 2022):
Ireland-$25.1M (-99.7%)
China-$6.46M (-98.2%)
Indonesia-$3.86M (-99.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Air Conditioners were:
China $23.1B
Thailand $7.26B
Mexico $6.1B
In 2022, Canada's main importing competitors in Air Conditioners were:
United States $13.1B
Germany $2.75B
Japan $2.71B

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Trade Value of Air Conditioners by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $233M
TOP IMPORT POTENTIALChina+ $119M

Air Conditioners’s highest export potential is United States. With an export gap of $233M.   Air Conditioners’s highest import potential is China with an import gap of $119M.

See methodology.

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