According to data from the General Administration of Customs, China's exports of heat pump-related products and components reached 1.341 billion yuan in November 2025, marking a significant year-on-year increase of 33.4%. Cumulative export value for 2025 amounted to 14.846 billion yuan, reflecting a 17.3% growth compared to the same period last year, indicating a continued upward trend in industry activity. Notably, exports of complete heat pump units saw even more rapid expansion, surging by 40.4% year-on-year. More importantly, the European market has been expanding at a remarkable pace, emerging as the most powerful engine driving China's heat pump exports.
In October 2025, heat pump exports to 21 European countries (excluding Ukraine and Russia) reached 403 million yuan, a year-on-year increase of 79.3%, with a significant month-on-month acceleration of 37 percentage points. This growth rate marks the highest since January 2023 and represents the 14th consecutive month of year-on-year expansion.
In November, the top three European markets—the Netherlands, France, and Italy—recorded substantial growth of 78.5%, 145.2%, and 112.4%, respectively. Several smaller European markets, including Slovakia, Estonia, and Norway, also saw explosive growth, with exports surging by 878.0%, 174.1%, and 136.2% year-on-year.
Meanwhile, emerging markets in Southeast Asia and Africa maintained steady growth. In November, exports to ASEAN countries reached 95 million yuan, up 2.3% year-on-year, while exports to eight African countries totaled 41 million yuan, an increase of 38.3%. In contrast, exports to the United States and Russia declined by 57.5% and 30.8%, respectively.
Additionally, according to Reuters, the European Parliament approved a bill on December 17, planning to halt imports of Russian liquefied natural gas (LNG) by the end of 2026 and cease imports of Russian pipeline gas by the end of September 2027. As Russia was once Europe’s largest natural gas supplier, providing stable and low-cost gas through multiple pipelines, the EU’s shift away from Russian gas toward LNG sourced from other countries—which involves higher liquefaction and transportation costs—is expected to further drive up gas prices. This, in turn, is likely to accelerate the adoption of heat pumps as an alternative.
