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2022
Exports $1.73BWorld Rnk 2 / 192
Flag Rnk 179 / 1217
2022
Destination $127M Canada
2021 - 2022
FASTEST GROWING MARKET $127MMexico
2022
PRODUCT COMPLEXITY IN Nonaqueous Paints0.35Rnk 423 / 1025
2022
Imports $863MWorld Rnk 2 / 225
Flag Rnk 435 / 1216
2022
Origin $42.5M Canada
2021 - 2022
FASTEST GROWING ORIGIN $42.5MCanada
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $1.73B in Nonaqueous Paints, making it the 2nd largest exporter of Nonaqueous Paints in the world. At the same year, Nonaqueous Paints was the 179th most exported product in United States. The main destination of Nonaqueous Paints exports from United States are: Canada ($572M), Mexico ($534M), China ($84.1M), Japan ($58M), and South Korea ($45M).

The fastest growing export markets for Nonaqueous Paints of United States between 2021 and 2022 were Mexico ($127M), Canada ($57.2M), and Brazil ($11.5M).

Imports In 2022, United States imported $863M in Nonaqueous Paints, becoming the 2nd largest importer of Nonaqueous Paints in the world. At the same year, Nonaqueous Paints was the 435th most imported product in United States. United States imports Nonaqueous Paints primarily from: Canada ($290M), Germany ($115M), Japan ($99.3M), Mexico ($59.3M), and South Korea ($39.7M).

The fastest growing import markets in Nonaqueous Paints for United States between 2021 and 2022 were Canada ($42.5M), Mexico ($17.6M), and Italy ($9.11M).

COMPANIES In 2023, leading companies such as Dow Chemical (11), Halyard Health (9), and Robert Bosch (4) were at the forefront of shipping Nonaqueous Paints to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Nonaqueous Paints exports accounted up to $139M and imports accounted up to $75.7M, resulting in a positive trade balance of $63.3M. Between June 2023 and June 2024 the exports of United States'   Nonaqueous Paints have decreased by $-19.4M (-12.2%) from $158M to $139M, while imports increased by $7.2M (10.5%) from $68.5M to $75.7M.

Destinations In June 2024, Nonaqueous Paints were exported mostly to Canada ($55.9M), Mexico ($31.8M), China ($9.69M), Japan ($3.34M), and Brazil ($2.87M), and were imported mostly from Canada ($20.3M), Germany ($12.5M), Japan ($5.99M), Mexico ($5.64M), and South Korea ($5.62M).

Growth In June 2024, the decrease in Nonaqueous Paints's year-by-year exports was explained primarily by a decrease in exports to Mexico ($-3.14M or -6.84%), Colombia ($-735k or -38.3%), and Ecuador ($-465k or -71.8%). In June 2024, the increase in Nonaqueous Paints's year-by-year imports was explained primarily by an increase in imports from Mexico ($3.49M or 117%), Canada ($2.2M or 10.1%), and South Korea ($1.87M or 121%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-19.4M(-12.2%)
IMPORT GROWTH (June 2023 - June 2024)$7.2M(10.5%)
MAIN EXPORTER (June 2024)Texas$24.4M
MAIN DESTINATION (June 2024)Canada$55.9M

This section shows Nonaqueous Paints's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Nonaqueous Paints over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.73B
IMPORTS (2022)$863M
NET TRADE (2022)$869M

In 2022, United States exported $1.73B in Nonaqueous Paints. The main destinations of United States exports on Nonaqueous Paints were Canada ($572M), Mexico ($534M), China ($84.1M), Japan ($58M), and South Korea ($45M).

In 2022, United States imported $863M in Nonaqueous Paints, mainly from Canada ($290M), Germany ($115M), Japan ($99.3M), Mexico ($59.3M), and South Korea ($39.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nonaqueous Paints EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$127M (31.3%)
Canada$57.2M (11.1%)
Brazil$11.5M (57.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nonaqueous Paints BY United States WERE (2021 - 2022):
Chinese Taipei-$2.25M (-11.1%)
Russia-$1.77M (-88.4%)
Italy-$939k (-12.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Nonaqueous Paints were:
Germany $2.56B
Japan $1.6B
In 2022, United States's main importing competitors in Nonaqueous Paints were:
China $1.23B
Germany $727M

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Trade Value of Nonaqueous Paints by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $37M
TOP IMPORT POTENTIALGermany+ $32.8M

Nonaqueous Paints’s highest export potential is China. With an export gap of $37M.   Nonaqueous Paints’s highest import potential is Germany with an import gap of $32.8M.

See methodology.

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