Beijing – China exported 6.5m refrigerators and freezers in May 2021, up 10% from a year ago.
The value of these exports shot up by 41% year on year to $884m, according to China’s General Administration of Customs.
Exports in the first five months of 2021 amounted to 30m units, representing a 36% increase from the same period 2020. The value of exports over the period rose by 62% to $4.1bn.
Chinese refrigerator production growth has been falling since February, when the value of exports in the month surged 188% on the previous year’s figure, and year-to-month exports value nearly doubled.
Excluding freezers, in May 2021 China produced 7.5m refrigerators, down 4% year on year, according to the National Bureau of Statistics.
This was the first time in 2021 that monthly production shrank. Despite this fall, production over the first five months this year has jumped 29% to 37m units.
Freezer production in May was 2.4m units, up 9% on the same month last year. During the first five months of 2021, China produced 13.5m units, up 53% from a year ago.