In 2023, China led global exports of non-domestic, non-electric heat exchange units, with India and the United States following. Significant percentage changes in exports were observed in 2023, with Kuwait experiencing the highest increase, while Kyrgyzstan saw the largest decline. Noteworthy gains were also recorded by Switzerland and Colombia, suggesting potential emerging markets. Meanwhile, Armenia, Uruguay, Pakistan, and Azerbaijan showed negative growth, hinting at challenges in these regions.
Looking forward, the demand for sustainable and energy-efficient solutions may drive innovation and expansion in this market, with Asia potentially maintaining its leadership due to manufacturing capabilities. Emerging markets' growth could reshape export dynamics in the coming years.
Top countries in Export of Heat Exchange Units Non-Domestic and Non-Electric by Country
| # | 10 Countries | Units | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 5,093,200 | 2023 | +5.48% | +4.68% | View data |
| 2 | 2 India | 4,036,400 | 2023 | +5.82% | +3.65% | View data |
| 3 | 3 United States | 1,295,000 | 2023 | +2.83% | +3.42% | View data |
| 4 | 4 Malaysia | 202,110 | 2023 | +4.44% | +1.01% | View data |
| 5 | 5 Switzerland | 30,060 | 2023 | -12.55% | +16.77% | View data |
| 6 | 6 Belarus | 21,950 | 2023 | +4.94% | +4.45% | View data |
| 7 | 7 Chile | 12,250 | 2023 | +4.53% | +0.76% | View data |
| 8 | 8 Ecuador | 9,110 | 2023 | +6.77% | +0.9% | View data |
| 9 | 9 Colombia | 7,350 | 2023 | +5.24% | +5.99% | View data |
| 10 | 10 Norway | 4,050 | 2023 | +1.58% | +3.85% | View data |
