Heat pump units trade by country: top importers, exporters and prices
World trade in heat pump units was worth $4.15 billion in 2024, about 246.5 thousand tonnes. That is an increase of 102% since 2017, and down 30% on 2023.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
World trade by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $4.15B | 246.5K t |
| 2023 | $5.97B | 326.5K t |
| 2022 | $5.68B | 325.6K t |
| 2021 | $4.39B | 249.6K t |
| 2020 | $2.80B | 160.3K t |
| 2019 | $2.50B | 142.2K t |
| 2018 | $2.36B | 127.4K t |
| 2017 | $2.05B | 115.9K t |
Top heat pump units exporting countries
China is the largest exporter with 22% of world exports, followed by Germany and Italy. The top three supply 44% between them, out of 107 exporting countries.
| Exporter | Value | Share |
|---|---|---|
| China | $892.7M | 22% |
| Germany | $509.0M | 12% |
| Italy | $429.5M | 10% |
| Sweden | $352.6M | 8.5% |
| France | $343.2M | 8.3% |
| Poland | $194.9M | 4.7% |
| Slovakia | $133.0M | 3.2% |
| Austria | $124.7M | 3% |
| United States | $120.5M | 2.9% |
| Czech Republic | $108.0M | 2.6% |
| Japan | $102.2M | 2.5% |
| South Korea | $96.5M | 2.3% |
Top importing countries and buyer markets
The largest importers are Germany (19%), France (7%) and the Netherlands (7%). 208 countries imported it, and the top three take 33% of the value.
| Importer | Value | Share |
|---|---|---|
| Germany | $797.6M | 19% |
| France | $303.7M | 7.3% |
| Netherlands | $273.9M | 6.6% |
| Switzerland | $219.5M | 5.3% |
| United Kingdom | $206.2M | 5% |
| Austria | $171.3M | 4.1% |
| Spain | $169.5M | 4.1% |
| Belgium | $161.8M | 3.9% |
| Italy | $158.6M | 3.8% |
| Australia | $150.8M | 3.6% |
| Poland | $140.4M | 3.4% |
| United States | $87.8M | 2.1% |
Average price per kg
The world average declared value was about $16.85 per kg in 2024. Among the main exporters, Sweden averaged $23.97 per kg and Austria $11.16 per kg, so grade and origin matter.
Declared value divided by weight, all 2024 shipments worldwide. Prices per shipment and per company are in EximDataX.
Who is behind these numbers in this market?
The shipment records behind Heat pump units (HS 8418.61) importers and exporters, worldwide: companies, dates, quantities and declared values.
Shipment records are in the platform
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Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 8418.61: Heat pumps: other than air conditioning machines of heading no. 8415. HS 8418 codes.
Common questions
Which countries export the most heat pump units?
China exported $892.7 million in 2024, 22% of the world total, followed by Germany (12%) and Italy (10%). In all, 107 countries reported exports of this product. The full ranking and map are on this page.
Which countries import the most heat pump units?
Germany imported $797.6 million in 2024, 19% of world imports, ahead of France (7%) and the Netherlands (7%). The top three importers together take 33%. Each country with its own page is linked from the table.
How big is the world trade in heat pump units?
It was worth $4.15 billion in 2024, about 246.5 thousand tonnes. That is an increase of 102% since 2017. The peak year was 2023 at $5.97 billion. 107 countries reported exports and 208 reported imports.
What is the average price of heat pump units per kg?
The world average declared value was about $16.85 per kg in 2024. Among the main exporters, Sweden averaged $23.97 per kg and Austria $11.16 per kg, so grade and origin matter. The average mixes every grade and size, so use it as a market reference rather than an offer.
What is the HS code for heat pump units?
The HS code for heat pump units is subheading 8418.61, in chapter 84 (machinery and mechanical appliances, boilers, nuclear reactors; parts thereof). The first six digits are the same in every country; national tariffs add more. The full list of codes is on the HS 8418 page.
How can I find heat pump units buyers and suppliers?
EximDataX shows the importers and exporters of heat pump units by name, from shipment-level customs records updated weekly. Ask for a live look at the markets you sell to.
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