Destination
USA, Puerto Rico and US Virgin Islands
- Latest exports
- $633.4M
- Market share
- 23.5%
- Growth
- +9.1%
- Access
- 0% tariff
- Signal
- Accelerating
T3 · Product exporter position
China exports of Refrigerating or freezing equipment: heat pumps, other than compression type units whose condensers are heat exchangers (HS 841869)
See where China stands in refrigerating or freezing equipment: heat pumps, other than compression type units whose condensers are heat exchangers: export scale, destination breadth, market position, growth, and reported trade history.
Latest exports
$3.3BLatest observed lane totalDestination markets
196Reported active marketsThree-year growth
+14.5%Annualized changeDestination HHI
577Destination concentrationWeighted share
41.3%Reported market positionExporter evidence
How strong is China in Refrigerating or freezing equipment: heat pumps, other than compression type units whose condensers are heat exchangers?
Reported exporter totals and calculated indicators for HS 841869. Values retain their observed coverage period.
Exporter scale
Latest exports$3.3B
Current 2024 exports$3.3B
Three-year average$2.8B
Historical peak$3.7B
Market position
Active destinations196
Destination HHI577
Weighted share41.3%
Share change+4.1 pp
Competitiveness
Three-year growth+14.5%
Volatility1
Maximum drawdown69.3%
TrendRapid growth
| Measure | Value | What it describes |
|---|---|---|
| Exporter | China | Country represented by this profile |
| Latest observed exports | $3.3B | Sum of latest observed destination-lane values |
| Current 2024 exports | $3.3B | Common-year comparison where reported |
| Three-year growth | +14.5% | Annualized change in exporter totals |
| Five-year growth | +15.9% | Annualized change in exporter totals |
| Leading destination | USA | Destination with the largest observed export value |
| Leading destination share | 19.4% | Share of observed exporter totals |
| Destination concentration | 577 | HHI across destination markets |
| Weighted share change | +4.1 pp | Value-weighted latest change in market share |
| Limited-history lanes | 0.5% | Share of lanes with shorter history |
Destination markets
Where does China sell refrigerating or freezing equipment: heat pumps, other than compression type units whose condensers are heat exchangers?
Leading destination observations ranked by reported export value, with market position and access context.
| Destination | Latest exports | Market share | Growth | Access | Signal |
|---|---|---|---|---|---|
| USA, Puerto Rico and US Virgin Islands | $633.4M | 23.5% | +9.1% | 0% tariff | Accelerating |
| India | $146.5M | 65.5% | +25.5% | 0.5% tariff | Accelerating |
| Malaysia | $136.8M | 77.1% | +32.7% | FTA reported | Accelerating |
| Thailand | $136.4M | 76.6% | +20.4% | FTA reported | Accelerating |
| Indonesia | $127.5M | 80.8% | +23.7% | FTA reported | Accelerating |
| Australia | $124.6M | 40.5% | +7% | FTA reported | Accelerating |
| Viet Nam | $119.9M | 77.6% | +18.6% | FTA reported | Accelerating |
| Russia | $119.4M | 73.3% | +36.7% | 0.1% tariff | Growing |
| Taiwan | $110.9M | 49% | +10% | Not reported | Accelerating |
| Mexico | $93.8M | 19.2% | +57.2% | 0.1% tariff | Accelerating |
| Saudi Arabia | $87.4M | 31.3% | +29.7% | 0.1% tariff | Accelerating |
| Germany | $83.1M | 10.6% | -6.9% | 0% tariff | Accelerating |
| Canada | $82.6M | 13.9% | -2.7% | 0.1% tariff | Accelerating |
| United Arab Emirates | $81.0M | 35.7% | +29.3% | 0.1% tariff | Accelerating |
| Brazil | $80.7M | 42.5% | +28.7% | 0.3% tariff | Accelerating |
Destination
India
- Latest exports
- $146.5M
- Market share
- 65.5%
- Growth
- +25.5%
- Access
- 0.5% tariff
- Signal
- Accelerating
Destination
Malaysia
- Latest exports
- $136.8M
- Market share
- 77.1%
- Growth
- +32.7%
- Access
- FTA reported
- Signal
- Accelerating
Destination
Thailand
- Latest exports
- $136.4M
- Market share
- 76.6%
- Growth
- +20.4%
- Access
- FTA reported
- Signal
- Accelerating
Destination
Indonesia
- Latest exports
- $127.5M
- Market share
- 80.8%
- Growth
- +23.7%
- Access
- FTA reported
- Signal
- Accelerating
Destination
Australia
- Latest exports
- $124.6M
- Market share
- 40.5%
- Growth
- +7%
- Access
- FTA reported
- Signal
- Accelerating
Destination
Viet Nam
- Latest exports
- $119.9M
- Market share
- 77.6%
- Growth
- +18.6%
- Access
- FTA reported
- Signal
- Accelerating
Destination
Russia
- Latest exports
- $119.4M
- Market share
- 73.3%
- Growth
- +36.7%
- Access
- 0.1% tariff
- Signal
- Growing
Destination
Taiwan
- Latest exports
- $110.9M
- Market share
- 49%
- Growth
- +10%
- Access
- Not reported
- Signal
- Accelerating
Destination
Mexico
- Latest exports
- $93.8M
- Market share
- 19.2%
- Growth
- +57.2%
- Access
- 0.1% tariff
- Signal
- Accelerating
Destination
Saudi Arabia
- Latest exports
- $87.4M
- Market share
- 31.3%
- Growth
- +29.7%
- Access
- 0.1% tariff
- Signal
- Accelerating
Destination
Germany
- Latest exports
- $83.1M
- Market share
- 10.6%
- Growth
- -6.9%
- Access
- 0% tariff
- Signal
- Accelerating
Destination
Canada
- Latest exports
- $82.6M
- Market share
- 13.9%
- Growth
- -2.7%
- Access
- 0.1% tariff
- Signal
- Accelerating
Destination
United Arab Emirates
- Latest exports
- $81.0M
- Market share
- 35.7%
- Growth
- +29.3%
- Access
- 0.1% tariff
- Signal
- Accelerating
Destination
Brazil
- Latest exports
- $80.7M
- Market share
- 42.5%
- Growth
- +28.7%
- Access
- 0.3% tariff
- Signal
- Accelerating
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
Eritrea: $5.0M / ton.
Lowest reported price
Central African Republic: $150.8 / ton.
Median price
$9.5K / ton across reported markets.
Export trend
Reported export history
Annual observations for China and HS 841869 where available.
| Year | Exports | Year-on-year change | Active destinations |
|---|---|---|---|
| 2010 | $931.0M | +26.9% | 188 |
| 2011 | $1.1B | +20.1% | 182 |
| 2012 | $1.2B | +4.4% | 191 |
| 2013 | $1.1B | -2.7% | 189 |
| 2014 | $1.3B | +14% | 191 |
| 2015 | $1.3B | +1.7% | 193 |
| 2016 | $1.3B | -1.1% | 196 |
| 2017 | $1.3B | +3.5% | 193 |
| 2018 | $1.5B | +11.8% | 195 |
| 2019 | $1.6B | +3.7% | 197 |
| 2020 | $1.6B | +2.7% | 195 |
| 2021 | $2.2B | +35.6% | 198 |
| 2022 | $2.5B | +13% | 199 |
| 2023 | $2.6B | +6.8% | 199 |
| 2024 | $3.3B | +24.4% | 196 |
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 841869.
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 refrigerating or freezing equipment: heat pumps, other than compression type units whose condensers are heat exchangers 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.