Reversible heat pumps trade by country: top importers, exporters and prices
World trade in reversible heat pumps was worth $3.13 billion in 2024, about 248.8 thousand tonnes. That is an increase of 13% since 2017, and down 13% 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 | $3.13B | 248.8K t |
| 2023 | $3.60B | 275.4K t |
| 2022 | $3.36B | 248.3K t |
| 2021 | $3.02B | 245.6K t |
| 2020 | $2.71B | 235.2K t |
| 2019 | $3.12B | 260.1K t |
| 2018 | $3.01B | 261.1K t |
| 2017 | $2.79B | 247.0K t |
Top reversible heat pumps exporting countries
China is the largest exporter with 31% of world exports, followed by Thailand and Mexico. The top three supply 58% between them, out of 120 exporting countries.
| Exporter | Value | Share |
|---|---|---|
| China | $971.6M | 31% |
| Thailand | $521.5M | 17% |
| Mexico | $328.4M | 11% |
| Italy | $257.0M | 8.2% |
| United States | $152.8M | 4.9% |
| France | $85.9M | 2.7% |
| South Korea | $69.7M | 2.2% |
| Czech Republic | $68.9M | 2.2% |
| Spain | $63.5M | 2% |
| Germany | $53.3M | 1.7% |
| Malaysia | $52.2M | 1.7% |
| Turkey | $49.2M | 1.6% |
Top importing countries and buyer markets
The United States is the biggest buyer with 16% of world imports, ahead of Canada and France. Demand is spread widely: the top three take 31% across 211 importing countries.
| Importer | Value | Share |
|---|---|---|
| United States | $495.1M | 16% |
| Canada | $234.0M | 7.5% |
| France | $229.1M | 7.3% |
| Germany | $169.0M | 5.4% |
| Italy | $130.2M | 4.2% |
| Netherlands | $113.1M | 3.6% |
| Spain | $107.0M | 3.4% |
| United Kingdom | $87.7M | 2.8% |
| Portugal | $81.0M | 2.6% |
| Australia | $79.5M | 2.5% |
| Poland | $66.6M | 2.1% |
| Hong Kong | $55.2M | 1.8% |
Average price per kg
The world average declared value was about $12.60 per kg in 2024. Among the main exporters, the Czech Republic averaged $34.88 per kg and China $9.93 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 Reversible heat pumps (HS 8415.81) 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 8415.81: Air conditioning machines: containing a motor driven fan, other than window or wall types, incorporating a refrigerating unit and a valve for reversal of the cooling/heat cycle (reversible heat pumps). HS 8415 codes.
Common questions
Which countries export the most reversible heat pumps?
China exported $971.6 million in 2024, 31% of the world total, followed by Thailand (17%) and Mexico (10%). In all, 120 countries reported exports of this product. The full ranking and map are on this page.
Which countries import the most reversible heat pumps?
The United States imported $495.1 million in 2024, 16% of world imports, ahead of Canada (7%) and France (7%). The top three importers together take 31%. Each country with its own page is linked from the table.
How big is the world trade in reversible heat pumps?
It was worth $3.13 billion in 2024, about 248.8 thousand tonnes. That is an increase of 13% since 2017. The peak year was 2023 at $3.60 billion. 120 countries reported exports and 211 reported imports.
What is the average price of reversible heat pumps per kg?
The world average declared value was about $12.60 per kg in 2024. Among the main exporters, the Czech Republic averaged $34.88 per kg and China $9.93 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 reversible heat pumps?
The HS code for reversible heat pumps is subheading 8415.81, 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 8415 page.
How can I find reversible heat pumps buyers and suppliers?
The rankings here stop at countries; EximDataX goes down to the companies trading reversible heat pumps, from direct customs feeds and mirror data. Tell us your markets to see them live.
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