HS4 subsector intelligence

Refrigerators and freezers
HS4 8418 trade overview

A focused view of this HS4 subsector: market scale, momentum, leading routes, countries, and the HS6 classifications inside it.

HS4 84181995-2024 coverageStable
The numbers at a glanceLatest reported year · 2024
01

Latest trade

$60.7BGlobal subsector value
02

Annual change

-0.4%Latest year on year
03

Exporters

196Active reporting countries
04

Importers

200Active reporting countries
05

HS6 products

10Classifications inside HS4

The subsector read

$60.7B in trade, with +0.6% annualized growth over three years.

Refrigerators and freezers is recorded across 9,555 active corridors, with 196 exporters and 200 importers.

Annual trend

Subsector momentum over time

Reported global trade from 1995 to 2024. Read the methodology ↗

Annual subsector tradeReported global trade from 1995 to 2024.1995: $12.5B1996: $12.9B1997: $13.1B1998: $13.7B1999: $14.2B2000: $14.6B2001: $15.0B2002: $16.5B2003: $19.8B2004: $23.8B2005: $26.2B2006: $31.6B2007: $37.9B2008: $40.2B2009: $31.3B2010: $35.5B2011: $40.0B2012: $39.6B2013: $41.4B2014: $42.7B2015: $40.4B2016: $40.5B2017: $42.8B2018: $45.7B2019: $45.7B2020: $46.6B2021: $59.6B2022: $60.8B2023: $60.6B2024: $60.7B
Reported global trade by year.

Top trade corridors

Where the subsector moves

Leading exporter-to-importer relationships by latest reported value. See data sources ↗

Latest reported relationshipsTop 10 by trade value
RankExporterImporterTrade valueGrowthHS6DistanceFTA
1MexicoMEXUSA, Puerto Rico and US Virgin IslandsUSA$6.0B+5.5%103,359 kmYes
2ChinaCHNUSA, Puerto Rico and US Virgin IslandsUSA$3.0B-1.5%1011,883 kmNo
3Republic of KoreaKORUSA, Puerto Rico and US Virgin IslandsUSA$1.8B-8.4%1011,077 kmYes
4ChinaCHNJapanJPN$873.1M-0.2%101,763 kmNo
5ThailandTHAUSA, Puerto Rico and US Virgin IslandsUSA$845.6M+18.9%1013,951 kmNo
6USA, Puerto Rico and US Virgin IslandsUSACanadaCAN$814.2M-0.5%10556 kmYes
7ChinaCHNAustraliaAUS$747.9M+4.9%108,024 kmYes
8USA, Puerto Rico and US Virgin IslandsUSAMexicoMEX$720.5M+19.3%103,359 kmYes
9ChinaCHNFranceFRA$688.6M-4.2%109,284 kmNo
10ChinaCHNMexicoMEX$666.2M+26.5%1012,928 kmNo

Market structure

Where supply and demand concentrate

Exporter and importer rankings show the two sides of the subsector separately. Check coverage ↗

Top exporters2024 ranking
RankCountryExportsPartnersHS6
1ChinaCHN$18.3B19910
2MexicoMEX$6.7B13410
3ItalyITA$4.3B18210
4GermanyDEU$2.9B18510
5Republic of KoreaKOR$2.8B17010
6USA, Puerto Rico and US Virgin IslandsUSA$2.6B18110
7TurkeyTUR$2.6B18010
8ThailandTHA$2.4B16410
9PolandPOL$1.9B15110
10FranceFRA$1.8B17710
Top importers2024 ranking
RankCountryImportsPartnersHS6
1USA, Puerto Rico and US Virgin IslandsUSA$13.6B10410
2GermanyDEU$4.2B10710
3FranceFRA$2.4B11510
4United KingdomGBR$2.3B9010
5CanadaCAN$1.8B8210
6MexicoMEX$1.7B9410
7ItalyITA$1.5B7510
8JapanJPN$1.4B5310
9NetherlandsNLD$1.4B9210
10SpainESP$1.4B8710

HS6 product coverage

The products inside HS4 8418

Six-digit classifications make the subsector specific. Browse the product workspace ↗

11 classifications shownRefrigerators and freezers
01
Refrigerators and freezers: combined refrigerator-freezers, fitted with separate external doors, electric or otherHS6 841810
02
Refrigerators: for household use, compression-type, electric or otherHS6 841821
03
Refrigerators: for household use, absorption-type, electricalHS6 841822
04
Refrigerators: household, electric or not, other than compression or absorption-typeHS6 841829
05
Freezers: of the chest type, not exceeding 800l capacityHS6 841830
06
Freezers: of the upright type, not exceeding 900l capacityHS6 841840
07
Furniture incorporating refrigerating or freezing equipment: for storage and display, n.e.c. in item no. 8418.1, 8418.2, 8418.3 or 8418.4 (chests, cabinets, display counters, show-cases and the like)HS6 841850
08
Heat pumps: other than air conditioning machines of heading no. 8415HS6 841861
09
Refrigerating or freezing equipment: heat pumps, other than compression type units whose condensers are heat exchangersHS6 841869
10
Refrigerating or freezing equipment: parts, furniture designed to receive refrigerating or freezing equipmentHS6 841891
11
Refrigerating or freezing equipment: parts thereof, other than furnitureHS6 841899

Definitions and coverage

Read the numbers with context

Reported observations and calculated indicators should be read with their coverage period. Responsible AI principles ↗

01

Reported values

Trade values describe reported merchandise trade for the HS4 classification, not company-level sales or shipment records.

02

Calculated indicators

Growth, concentration, volatility, and peak comparisons are calculated from reported observations.

03

Missing data

Unavailable observations remain unavailable. They are not filled, interpolated, or presented as forecasts.

Coverage: 1995-2024 · Data refreshed 2026-07-20 09:34:09

Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-27). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.