Beijing – China exported 6m refrigerators and freezers in July 2021, down by 10% from a year ago, following a 2% drop in June.
June was the first month the number showed a year on year decrease since April 2020.
Despite the fall in numbers in July, the value of exports reached $883m, up 13% from a year ago, according to China’s General Administration of Customs.
Exports over the first seven months of 2021 amounted to 42m units, a 20% increase from the same period in 2020. In the same period, the value of exports climbed 45% from a year ago, to $5.9bn
Excluding freezers, in July 2021 China produced 7.4m refrigerators, down by 18% from a year ago, according to the National Bureau of Statistics.
This was the third month in a row that monthly production shrank. Despite this, over the first seven months of this year, production is up by 11%, at 52m units.
Freezer production in July reached 2.1m units, down 19% from the same month last year. It was the first month the number showed year on year decrease since April 2020
From January to July 2021 China produced 18m unit freezers, up 30% from a year ago.