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Built environment ranking

Top 25 heat pump exporting countries 2024

China was the largest exporter of heat pumps in 2024, with 22% of world exports. The 25 countries below shipped 97% of the world total of $4.15 billion.

  • MeasureExport value
  • PeriodCalendar year 2024
  • Ranked25 countries
  • Updated10 Nov 2026

Top 10 at a glance

  1. China892.7 USD million
  2. Germany509 USD million
  3. Italy429.5 USD million
  4. Sweden352.6 USD million
  5. France343.2 USD million
  6. Poland194.9 USD million
  7. Slovakia133 USD million
  8. Austria124.7 USD million
  9. United States120.5 USD million
  10. Czech Republic108 USD million

The full list

RankCountryExport value (USD million)Share of world
1China892.721.5%
2Germany50912.3%
3Italy429.510.3%
4Sweden352.68.5%
5France343.28.3%
6Poland194.94.7%
7Slovakia1333.2%
8Austria124.73.0%
9United States120.52.9%
10Czech Republic1082.6%
11Japan102.22.5%
12South Korea96.52.3%
13Switzerland76.61.8%
14Spain711.7%
15Belgium70.71.7%
16Portugal67.41.6%
17Netherlands601.4%
18Ireland57.71.4%
19Thailand42.61.0%
20Turkey36.30.9%
21United Kingdom35.40.9%
22Denmark31.70.8%
23Malaysia30.10.7%
24Israel29.50.7%
25Mexico19.40.5%

How this list is built

Countries are ranked by the value of their exports of goods under product code HS 841861 in 2024, in US dollars. Values are reconciled between what exporters and importers report. Ties share a rank.

Every position is set by the data alone, by the same rules for every company. Spotted something to update? Write to info@stratummarketresearch.com with the list and the line, and we correct it within two working days.

Frequently asked questions

Who is number one in the heat pump exporters ranking?

China ranks first with 892.7 USD million (Calendar year 2024).

How is this ranking calculated?

Countries are ranked by the value of their exports of goods under product code HS 841861 in 2024, in US dollars. Values are reconciled between what exporters and importers report. Ties share a rank.

Can a company pay to rank higher?

Positions come only from the counts described above, and inclusion is free. Every company is ranked by the same rules.

How often is the ranking updated?

Every list is recomputed each quarter from the latest public records, and the update date is printed on the page.

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