Refrigerators, freezers and heat pumps: South Korea exports and imports
HS 8418 · 냉장고ㆍ냉동고와 그 밖의 냉장기구나 냉동기구(전기식인지에 상관없다), 열펌프(제8415호의 공기조절기는 제외한다) · latest month: October 2026
In October 2026, South Korea exported $155.3 million of refrigerators, freezers and heat pumps (HS 8418), down 3.4% from September 2026 and up 5.2% from October 2025.
Over the 12 months to October 2026, exports of refrigerators, freezers and heat pumps (HS 8418) totalled $1.73 billion, down 21.1% from the 12 months before ($2.19 billion).
The largest destination over the 12 months to October 2026 was the United States ($973.8 million, 56.3% of the total), followed by Mexico and Canada.
That was 1.1% of South Korea's exports under HS chapter 84 (machinery, boilers and computers) over the same 12 months.
Imports in October 2026 were $73.6 million (up 12.2% from October 2025), leaving a surplus of $81.7 million for the month.
Official description of HS 8418: Refrigerators, freezers and other refrigerating or freezing equipment, electric or other; heat pumps other than air conditioning machines of heading 84.15.
Last 24 months
Subheadings under HS 8418
| Code | Product | Exports, 12 months | Share | vs 12 months before | October 2026 |
|---|---|---|---|---|---|
| 8418.10 | Combined refrigerator-freezers, fitted with separate external doors or drawers, or combinations thereof | $1.03B | 59.5% | -28.6% | $93.6M |
| 8418.10.1010 | Of a capacity not exceeding 200 ℓ | $728K | 0.1% | -44.6% | $116K |
| 8418.10.1020 | Of a capacity exceeding 200 ℓ but not exceeding 400 ℓ | $1.8M | 0.2% | -1.6% | $129K |
| 8418.10.1030 | Of a capacity exceeding 400 ℓ | $1.01B | 98.2% | -28.7% | $92.3M |
| 8418.10.9000 | Other | $15.6M | 1.5% | -25.7% | $1.1M |
| 8418.21 | Compression-type | $6.1M | 0.4% | -33.9% | $570K |
| 8418.21.1000 | Of a capacity less than 200 ℓ | $1.1M | 17.2% | -34.8% | $126K |
| 8418.21.2000 | Of a capacity not less than 200 ℓ, but less than 400 ℓ | $796K | 13.0% | -48.9% | $28K |
| 8418.21.3000 | Of a capacity not less than 400 ℓ | $4.3M | 69.7% | -29.8% | $416K |
| 8418.29 | Other | $1.5M | 0.1% | -7.1% | $122K |
| 8418.29.1000 | Absorption-type, electrical | $1,734 | 0.1% | -96.9% | $0 |
| 8418.29.9000 | Other | $1.5M | 99.9% | -4.0% | $122K |
| 8418.30 | Freezers of the chest type, not exceeding 800 ℓ capacity | $874K | 0.1% | -31.9% | $85K |
| 8418.40 | Freezers of the upright type, not exceeding 900 ℓ capacity | $8.2M | 0.5% | -9.3% | $668K |
| 8418.50 | Other furniture (chests, cabinets, display counters, showcases and the like) for storage and display, incorporating refr | $48.9M | 2.8% | +7.4% | $4.9M |
| 8418.50.1000 | Show-cases | $44.7M | 91.4% | +4.7% | $4.3M |
| 8418.50.9000 | Other | $4.2M | 8.6% | +48.3% | $593K |
| 8418.61 | Heat pumps other than air conditioning machines of heading 84.15 | $32.3M | 1.9% | -10.9% | $1.4M |
| 8418.69 | Other | $277.7M | 16.1% | +8.7% | $25.4M |
| 8418.69.1000 | Blood storage refrigerators | $58K | 0.0% | -84.5% | $5,223 |
| 8418.69.2010 | Ice-cream making machines | $6.6M | 2.4% | -27.3% | $148K |
| 8418.69.2020 | Ice-maker | $40.5M | 14.6% | +9.9% | $2.5M |
| 8418.69.2030 | Water cooler | $161.2M | 58.1% | +19.5% | $14.2M |
| 8418.69.2090 | Other | $69.2M | 24.9% | -6.8% | $8.5M |
| 8418.69.3000 | Heat pumps | $111K | 0.0% | – | $0 |
| 8418.91 | Furniture designed to receive refrigerating or freezing equipment | $1.3M | 0.1% | -23.8% | $98K |
| 8418.99 | Other | $323.6M | 18.7% | -16.8% | $28.5M |
| 8418.99.1000 | Of household type refrigerators | $210.2M | 65.0% | -19.7% | $18.7M |
| 8418.99.9000 | Other | $113.4M | 35.0% | -11.0% | $9.8M |
Six-digit codes are international; the indented ten-digit codes are South Korea's own subdivision. These rows are world totals; "Share" is the share of the row above.
Top destinations
Export value over the 12 months to October 2026. 175 countries received this product from South Korea in the last 24 months; the table shows the largest 20.
| Rank | Country | Exports, 12 months | Share | vs 12 months before | Rank before | October 2026 |
|---|---|---|---|---|---|---|
| 1 | United States | $973.8M | 56.3% | -26.0% | 1 | $85.7M |
| 2 | Mexico | $94.2M | 5.4% | -19.2% | 2 | $7.2M |
| 3 | Canada | $69.2M | 4.0% | -2.6% | 3 | $8.6M |
| 4 | Japan | $58.3M | 3.4% | -14.3% | 5 | $5.9M |
| 5 | China | $51.7M | 3.0% | -25.2% | 4 | $3.5M |
| 6 | Vietnam | $45.3M | 2.6% | -19.6% | 7 | $5.5M |
| 7 | India | $36.8M | 2.1% | -13.5% | 8 | $5.8M |
| 8 | United Arab Emirates | $34.1M | 2.0% | -43.7% | 6 | $3.2M |
| 9 | Netherlands | $33.1M | 1.9% | +1.6% | 10 | $1.5M |
| 10 | Australia | $31.5M | 1.8% | -13.1% | 9 | $1.7M |
| 11 | Poland | $26.2M | 1.5% | -11.9% | 11 | $1.4M |
| 12 | Spain | $22.8M | 1.3% | +4.5% | 14 | $2.0M |
| 13 | Israel | $21.0M | 1.2% | -9.9% | 13 | $2.2M |
| 14 | France | $15.9M | 0.9% | +9.5% | 17 | $2.3M |
| 15 | Indonesia | $15.8M | 0.9% | -33.4% | 12 | $476K |
| 16 | United Kingdom | $13.9M | 0.8% | -16.6% | 16 | $1.8M |
| 17 | Saudi Arabia | $13.9M | 0.8% | -22.8% | 15 | $448K |
| 18 | Türkiye | $12.8M | 0.7% | +16.9% | 18 | $1.4M |
| 19 | Colombia | $10.9M | 0.6% | +31.2% | 19 | $1.3M |
| 20 | Slovakia | $9.2M | 0.5% | +116.6% | 30 | $330K |
Countries are linked when exports of this product to them reached $5,000,000 over 24 months.
Monthly figures
| Month | Exports | vs year earlier | Export weight | Export $/kg | Imports | Import weight |
|---|---|---|---|---|---|---|
| October 2026 | $155.3M | +5.2% | 20,124 t | $7.72 | $73.6M | 14,459 t |
| September 2026 | $160.8M | -25.4% | 21,454 t | $7.50 | $111.1M | 19,728 t |
| August 2026 | $130.9M | -10.9% | 17,224 t | $7.60 | $81.2M | 16,649 t |
| July 2026 | $167.2M | -8.3% | 21,572 t | $7.75 | $91.9M | 18,639 t |
| June 2026 | $136.5M | -9.8% | 17,522 t | $7.79 | $78.4M | 15,471 t |
| May 2026 | $121.5M | -40.3% | 15,394 t | $7.90 | $76.3M | 15,739 t |
| April 2026 | $150.2M | -31.7% | 18,464 t | $8.13 | $71.4M | 13,622 t |
| March 2026 | $142.5M | -23.9% | 18,037 t | $7.90 | $65.7M | 13,121 t |
| February 2026 | $137.5M | -28.4% | 16,359 t | $8.40 | $62.4M | 11,082 t |
| January 2026 | $125.4M | -31.8% | 15,674 t | $8.00 | $71.1M | 13,908 t |
| December 2025 | $140.1M | -20.7% | 16,553 t | $8.47 | $58.6M | 10,333 t |
| November 2025 | $162.4M | -12.3% | 20,524 t | $7.91 | $51.1M | 10,946 t |
| October 2025 | $147.6M | -35.2% | 18,372 t | $8.04 | $65.6M | 13,292 t |
| September 2025 | $215.6M | +6.4% | 28,300 t | $7.62 | $81.7M | 16,816 t |
| August 2025 | $146.8M | -27.1% | 18,290 t | $8.03 | $93.8M | 21,285 t |
| July 2025 | $182.3M | -31.2% | 22,802 t | $7.99 | $87.6M | 19,401 t |
| June 2025 | $151.3M | -35.5% | 19,203 t | $7.88 | $73.1M | 14,190 t |
| May 2025 | $203.6M | -25.9% | 23,245 t | $8.76 | $57.8M | 12,029 t |
| April 2025 | $219.9M | -20.8% | 25,674 t | $8.57 | $67.5M | 14,534 t |
| March 2025 | $187.4M | -28.8% | 21,528 t | $8.70 | $50.4M | 10,055 t |
| February 2025 | $192.1M | -24.8% | 22,268 t | $8.63 | $54.3M | 10,200 t |
| January 2025 | $183.8M | -31.1% | 20,503 t | $8.96 | $61.3M | 12,477 t |
| December 2024 | $176.7M | -11.5% | 18,615 t | $9.49 | $65.0M | 13,110 t |
| November 2024 | $185.1M | -29.5% | 19,186 t | $9.65 | $71.5M | 12,651 t |
Exports FOB, imports CIF, US dollars. Weight is net weight. "vs year earlier" compares export value with the same month one year before and is left blank when that month was under $10,000. Source: Korea Customs Service, via data.go.kr.