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2022
Exports $520MWorld Rnk 20 / 198
Flag Rnk 142 / 1216
2022
Destination $12.9M United States
2021 - 2022
FASTEST GROWING MARKET $12.9MUnited States
2022
PRODUCT COMPLEXITY IN Air Conditioners0.55Rnk 346 / 1025
2022
Imports $1.09BWorld Rnk 15 / 224
Flag Rnk 121 / 1214
2022
Origin $29.5M Japan
2021 - 2022
FASTEST GROWING ORIGIN $29.5MItaly
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $520M in Air Conditioners, making it the 20th largest exporter of Air Conditioners in the world. At the same year, Air Conditioners was the 142nd most exported product in United Kingdom. The main destination of Air Conditioners exports from United Kingdom are: United States ($91.1M), Ireland ($67.3M), Germany ($58.1M), France ($51.1M), and Spain ($34.5M).

The fastest growing export markets for Air Conditioners of United Kingdom between 2021 and 2022 were United States ($12.9M), United Kingdom ($12M), and Netherlands ($7.43M).

Imports In 2022, United Kingdom imported $1.09B in Air Conditioners, becoming the 15th largest importer of Air Conditioners in the world. At the same year, Air Conditioners was the 121st most imported product in United Kingdom. United Kingdom imports Air Conditioners primarily from: Japan ($137M), China ($130M), Thailand ($118M), Czechia ($111M), and Italy ($95.8M).

The fastest growing import markets in Air Conditioners for United Kingdom between 2021 and 2022 were Italy ($29.5M), Thailand ($12.8M), and United Kingdom ($12M).

COMPANIES In 2023, leading companies such as Volvo (95), Rolls-Royce (46), and Robert Bosch (5) were at the forefront of shipping Air Conditioners from United Kingdom to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Air Conditioners exports accounted up to £39.3M and imports accounted up to £94.6M, resulting in a negative trade balance of £55.3M. Between June 2023 and June 2024 the exports of United Kingdom's   Air Conditioners have increased by £4.7M (13.6%) from £34.6M to £39.3M, while imports decreased by £-8.77M (-8.48%) from £103M to £94.6M.

Destinations In June 2024, Air Conditioners were exported mostly to United States (£6.41M), Ireland (£5.06M), France (£4.51M), Netherlands (£3.85M), and United Arab Emirates (£2.75M), and were imported mostly from China (£15.8M), United States (£10.8M), Thailand (£10.4M), Czechia (£8.17M), and Italy (£7.25M).

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 (£7.56M or 179%), Switzerland (£2.31M or 1k%), and United Arab Emirates (£1.67M or 433%). In June 2024, the decrease in Air Conditioners's year-by-year imports was explained primarily by a decrease in imports from Malaysia (£-1.71M or -59%), Spain (£-1.37M or -58.8%), and Italy (£-1.24M or -29.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£4.7M(13.6%)
IMPORT GROWTH (June 2023 - June 2024)£-8.77M(-8.48%)
MAIN EXPORTER (June 2024)London Heathrow Airport£11.1M
MAIN DESTINATION (June 2024)United States£6.41M

This section shows Air Conditioners's exports and imports data at subnational level for United Kingdom. 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)$520M
IMPORTS (2022)$1.09B
NET TRADE (2022)-$569M

In 2022, United Kingdom exported $520M in Air Conditioners. The main destinations of United Kingdom exports on Air Conditioners were United States ($91.1M), Ireland ($67.3M), Germany ($58.1M), France ($51.1M), and Spain ($34.5M).

In 2022, United Kingdom imported $1.09B in Air Conditioners, mainly from Japan ($137M), China ($130M), Thailand ($118M), Czechia ($111M), and Italy ($95.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Air Conditioners EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
United States$12.9M (16.4%)
United Kingdom$12M (164%)
Netherlands$7.43M (50.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Air Conditioners BY United Kingdom WERE (2021 - 2022):
France-$36.2M (-41.4%)
United Arab Emirates-$24.5M (-73.6%)
Germany-$21M (-26.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United Kingdom's main exporting competitors in Air Conditioners were:
China $23.1B
Thailand $7.26B
Mexico $6.1B
In 2022, United Kingdom'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+ $45.7M
TOP IMPORT POTENTIALChina+ $98.6M

Air Conditioners’s highest export potential is United States. With an export gap of $45.7M.   Air Conditioners’s highest import potential is China with an import gap of $98.6M.

See methodology.

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