2022
Exports
$16.7BWorld Rnk 1 / 213
Flag Rnk 46 / 1216
2022
PRODUCT COMPLEXITY IN Refrigerators
0.56Rnk 339 / 1025
2022
Imports
$1.14BWorld Rnk 13 / 224
Flag Rnk 199 / 1212
2022
ECONOMIC COMPLEXITY of China
1.12Rnk 22 / 133

About

Exports In 2022, China exported $16.7B in Refrigerators, making it the 1st largest exporter of Refrigerators in the world. At the same year, Refrigerators was the 46th most exported product in China. The main destination of Refrigerators exports from China are: United States ($3.13B), Japan ($941M), Australia ($815M), Germany ($646M), and France ($600M).

The fastest growing export markets for Refrigerators of China between 2021 and 2022 were Poland ($133M), Australia ($117M), and Italy ($99.8M).

Imports In 2022, China imported $1.14B in Refrigerators, becoming the 13th largest importer of Refrigerators in the world. At the same year, Refrigerators was the 199th most imported product in China. China imports Refrigerators primarily from: Singapore ($451M), Germany ($162M), Japan ($151M), United States ($87.3M), and South Korea ($56.8M).

The fastest growing import markets in Refrigerators for China between 2021 and 2022 were Japan ($15.8M), Germany ($15.1M), and Denmark ($6.24M).

COMPANIES In 2023, leading companies such as Electrolux (1.7k), Costco Wholesale (673), and BSH Home Appliances (244) were at the forefront of shipping Refrigerators from China to the United States.

Latest Trends

September 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$136M(10.1%)
IMPORT GROWTH (September 2023 - September 2024)$3.73M(5.42%)
MAIN EXPORTER (September 2024)Guangdong Province$602M
MAIN DESTINATION (September 2024)United States$284M

This section shows Refrigerators's exports and imports data at subnational level for China. 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 Refrigerators over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$16.7B
IMPORTS (2022)$1.14B
NET TRADE (2022)$15.5B

In 2022, China exported $16.7B in Refrigerators. The main destinations of China exports on Refrigerators were United States ($3.13B), Japan ($941M), Australia ($815M), Germany ($646M), and France ($600M).

In 2022, China imported $1.14B in Refrigerators, mainly from Singapore ($451M), Germany ($162M), Japan ($151M), United States ($87.3M), and South Korea ($56.8M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refrigerators EXPORT MARKETS FOR China WERE (2021 - 2022):
Poland$133M (35.9%)
Australia$117M (16.7%)
Italy$99.8M (20.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refrigerators BY China WERE (2021 - 2022):
France-$221M (-26.9%)
United Kingdom-$156M (-22.2%)
Chile-$151M (-43.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Refrigerators were:
Mexico $7.06B
Italy $4.21B
In 2022, China's main importing competitors in Refrigerators were:

Explore Visualizations

Trade Value of Refrigerators by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $406M
TOP IMPORT POTENTIALSouth Korea+ $56.7M

Refrigerators’s highest export potential is United States. With an export gap of $406M.   Refrigerators’s highest import potential is South Korea with an import gap of $56.7M.

See methodology.

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