Beijing – China exported 7.3m refrigerators and freezers in August 2020, an increase of 68.9% on August 2019. The value of these exports leapt by 55.5% year-on-year to $854m, according to China’s General Administration of Customs.
Exports over the first eight months of 2020 amounted to 42.4m units, up by 20.3% from the same period in 2019. The total value of exports climbed 12.6% year-on-year, to $4.9bn.
It is the first time this year that China’s refrigerator export has shown double-digit growth across the board.
In August, China’s production of refrigerators, excluding freezers, improved by 29.7% from August 2019 to 9.1m units, according to the National Bureau of Statistics. Production over the first eight months reached 55.4m units, down by 1.9% year on year.
The country's freezer production has not slowed down. In August, it shot up by 75.1% from a year ago, to 3m units. Eight-month production rose by 29% to 17.5m units.
China’s refrigerator export jumps two-thirds in August 2020
