China’s RAC Export Volume Shows Slight Increase in RY 2020

According to ChinaIOL, China’s room air conditioner (RAC) exports increased slightly by 1.6% in refrigeration year 2020 (RY 2020, ending in August 2020), exceeding 50 million units for four consecutive years. By destination, RAC exports showed differences with increases to Europe, Latin America, Oceania, and Asia, but declines to North America and Africa.