T3 · Product exporter position

China exports of Heat pumps: other than air conditioning machines of heading no. 8415 (HS 841861)

See where China stands in heat pumps: other than air conditioning machines of heading no. 8415: export scale, destination breadth, market position, growth, and reported trade history.

Exporter CHNHS6 841861Latest year 2024Stable

Latest exports

$825.4MLatest observed lane total

Destination markets

164Reported active markets

Three-year growth

+0.7%Annualized change

Destination HHI

488Destination concentration

Weighted share

38.6%Reported market position

Exporter evidence

How strong is China in Heat pumps: other than air conditioning machines of heading no. 8415?

Reported exporter totals and calculated indicators for HS 841861. Values retain their observed coverage period.

Exporter scale

Latest exports$825.4M
Current 2024 exports$824.8M
Three-year average$997.1M
Historical peak$1.8B

Market position

Active destinations164
Destination HHI488
Weighted share38.6%
Share change+2.1 pp

Competitiveness

Three-year growth+0.7%
Volatility1.4
Maximum drawdown91.7%
TrendStable
MeasureValueWhat it describes
ExporterChinaCountry represented by this profile
Latest observed exports$825.4MSum of latest observed destination-lane values
Current 2024 exports$824.8MCommon-year comparison where reported
Three-year growth+0.7%Annualized change in exporter totals
Five-year growth+23.2%Annualized change in exporter totals
Leading destinationAUSDestination with the largest observed export value
Leading destination share13%Share of observed exporter totals
Destination concentration488HHI across destination markets
Weighted share change+2.1 ppValue-weighted latest change in market share
Limited-history lanes4.1%Share of lanes with shorter history

Destination markets

Where does China sell heat pumps: other than air conditioning machines of heading no. 8415?

Leading destination observations ranked by reported export value, with market position and access context.

DestinationLatest exportsMarket shareGrowthAccessSignal
Australia$107.5M75.6%+10.8%FTA reportedGrowing
France$76.0M27.1%-20.3%0% tariffAccelerating
Italy$48.6M30.7%-18.5%0% tariffGrowing
Germany$48.5M5.6%-13.6%0% tariffGrowing
Spain$45.0M25.4%+11.8%0% tariffAccelerating
Netherlands$41.2M16.7%+0.9%0% tariffGrowing
Turkey$39.1M63%+71.4%0.1% tariffAccelerating
United Kingdom$31.9M14.3%+47.5%Not reportedAccelerating
USA, Puerto Rico and US Virgin Islands$30.7M32.2%+13%0% tariffGrowing
Brazil$25.6M59.8%+113%0.3% tariffAccelerating
United Arab Emirates$21.0M81.3%+13.4%0.1% tariffAccelerating
Poland$19.5M14.6%-10.2%0.1% tariffGrowing
India$17.2M86.2%+38.8%0.5% tariffAccelerating
Portugal$16.1M31.2%+19.9%0% tariffAccelerating
Greece$15.3M29%+44.6%0% tariffGrowing

Destination

Australia

Latest exports
$107.5M
Market share
75.6%
Growth
+10.8%
Access
FTA reported
Signal
Growing

Destination

France

Latest exports
$76.0M
Market share
27.1%
Growth
-20.3%
Access
0% tariff
Signal
Accelerating

Destination

Italy

Latest exports
$48.6M
Market share
30.7%
Growth
-18.5%
Access
0% tariff
Signal
Growing

Destination

Germany

Latest exports
$48.5M
Market share
5.6%
Growth
-13.6%
Access
0% tariff
Signal
Growing

Destination

Spain

Latest exports
$45.0M
Market share
25.4%
Growth
+11.8%
Access
0% tariff
Signal
Accelerating

Destination

Netherlands

Latest exports
$41.2M
Market share
16.7%
Growth
+0.9%
Access
0% tariff
Signal
Growing

Destination

Turkey

Latest exports
$39.1M
Market share
63%
Growth
+71.4%
Access
0.1% tariff
Signal
Accelerating

Destination

United Kingdom

Latest exports
$31.9M
Market share
14.3%
Growth
+47.5%
Access
Not reported
Signal
Accelerating

Destination

USA, Puerto Rico and US Virgin Islands

Latest exports
$30.7M
Market share
32.2%
Growth
+13%
Access
0% tariff
Signal
Growing

Destination

Brazil

Latest exports
$25.6M
Market share
59.8%
Growth
+113%
Access
0.3% tariff
Signal
Accelerating

Destination

United Arab Emirates

Latest exports
$21.0M
Market share
81.3%
Growth
+13.4%
Access
0.1% tariff
Signal
Accelerating

Destination

Poland

Latest exports
$19.5M
Market share
14.6%
Growth
-10.2%
Access
0.1% tariff
Signal
Growing

Destination

India

Latest exports
$17.2M
Market share
86.2%
Growth
+38.8%
Access
0.5% tariff
Signal
Accelerating

Destination

Portugal

Latest exports
$16.1M
Market share
31.2%
Growth
+19.9%
Access
0% tariff
Signal
Accelerating

Destination

Greece

Latest exports
$15.3M
Market share
29%
Growth
+44.6%
Access
0% tariff
Signal
Growing

Price intelligence

How does China's price position vary?

Price comparisons are shown where market-level unit-value observations are available. They describe reported trade values and quantities, not quoted selling prices.

Highest reported price

Brunei: $1.4M / ton.

Lowest reported price

Eswatini: $300.0 / ton.

Median price

$12.6K / ton across reported markets.

Export trend

Reported export history

Annual observations for China and HS 841861 where available.

YearExportsYear-on-year changeActive destinations
2010$168.8M-0.6%154
2011$161.2M-4.5%142
2012$161.2M-0%147
2013$175.8M+9.1%148
2014$173.7M-1.2%154
2015$184.8M+6.4%150
2016$187.7M+1.6%152
2017$207.2M+10.3%154
2018$244.9M+18.2%155
2019$290.3M+18.6%149
2020$404.5M+39.3%149
2021$808.7M+99.9%153
2022$1.2B+42.5%156
2023$1.0B-12%156
2024$824.8M-18.7%164

Exporter context

China economy and trade network

The exporter profile adds country-level trade and structural context to the selected product position. These indicators describe the country overall and are not limited to HS 841861.

China has reported exports of $3.5T and a trade balance of $1.2T in 2024.

Available structural indicators include 34.6% trade openness, 44.5% investment, and 270 active trade partners.

Reported values

Export totals and destination values describe reported merchandise trade for the stated exporter, HS6 classification, and available year.

Calculated indicators

Growth, concentration, weighted share, volatility, drawdown, and price comparisons are calculated from reported observations.

Coverage

Missing values remain “Not reported”. Country-level indicators are presented separately from product-level observations.

Frequently asked questions

Questions about China heat pumps: other than air conditioning machines of heading no. 8415 exports

Quick answers based on the figures and coverage shown on this page.

How strong is this exporter?

Use latest exports, destination breadth, growth, concentration, and weighted share together rather than relying on one measure.

Which markets are most important?

The destination table ranks reported markets by the latest observed export value.

Does the price section show quotes?

No. It summarizes reported trade value and quantity observations converted to unit values.

What should be checked next?

Compare this exporter with buyer markets, corridors, and the product overview before making a commercial decision.