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2022
Exports $1.09BWorld Rnk 2 / 182
Flag Rnk 240 / 1217
2022
Destination $83.2M Canada
2021 - 2022
FASTEST GROWING MARKET $83.2MCanada
2022
PRODUCT COMPLEXITY IN Aqueous Paints-0.067Rnk 571 / 1025
2022
Imports $420MWorld Rnk 3 / 223
Flag Rnk 591 / 1216
2022
Origin $16.1M Canada
2021 - 2022
FASTEST GROWING ORIGIN $16.1MMexico
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $1.09B in Aqueous Paints, making it the 2nd largest exporter of Aqueous Paints in the world. At the same year, Aqueous Paints was the 240th most exported product in United States. The main destination of Aqueous Paints exports from United States are: Canada ($633M), Mexico ($240M), China ($38.3M), South Korea ($11.6M), and Bahamas ($10.3M).

The fastest growing export markets for Aqueous Paints of United States between 2021 and 2022 were Canada ($83.2M), Mexico ($42.8M), and India ($2.71M).

Imports In 2022, United States imported $420M in Aqueous Paints, becoming the 3rd largest importer of Aqueous Paints in the world. At the same year, Aqueous Paints was the 591st most imported product in United States. United States imports Aqueous Paints primarily from: Canada ($157M), Mexico ($62.3M), Sweden ($58.9M), Germany ($37.8M), and Italy ($25.7M).

The fastest growing import markets in Aqueous Paints for United States between 2021 and 2022 were Mexico ($16.1M), Canada ($15.4M), and Sweden ($6.7M).

COMPANIES In 2023, leading companies such as Robert Bosch (22), Hilti Power Tools (2), and Hyosung (1) were at the forefront of shipping Aqueous Paints to the United States.

Latest Trends

September 2024

About

Overview In September 2024 United States' Aqueous Paints exports accounted up to $91M and imports accounted up to $31.9M, resulting in a positive trade balance of $59.1M. Between September 2023 and September 2024 the exports of United States'   Aqueous Paints have increased by $6.54M (7.74%) from $84.5M to $91M, while imports increased by $899k (2.9%) from $31M to $31.9M.

Destinations In September 2024, Aqueous Paints were exported mostly to Canada ($46.9M), Mexico ($25.8M), China ($2.35M), South Korea ($1.16M), and Bahamas ($1.04M), and were imported mostly from Canada ($12.7M), Mexico ($4.89M), Germany ($3.94M), Italy ($2M), and Sweden ($1.83M).

Growth In September 2024, the increase in Aqueous Paints's year-by-year exports was explained primarily by an increase in exports to Canada ($7.95M or 18.7%), India ($1.68M or 551%), and Mexico ($1.46M or 7.63%). In September 2024, the increase in Aqueous Paints's year-by-year imports was explained primarily by an increase in imports from Mexico ($1.91M or 58.8%), Canada ($1.67M or 17.3%), and Netherlands ($541k or 43.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$6.54M(7.74%)
IMPORT GROWTH (September 2023 - September 2024)$899k(2.9%)
MAIN EXPORTER (September 2024)Illinois$18.9M
MAIN DESTINATION (September 2024)Canada$46.9M

This section shows Aqueous 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 Aqueous Paints over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.09B
IMPORTS (2022)$420M
NET TRADE (2022)$668M

In 2022, United States exported $1.09B in Aqueous Paints. The main destinations of United States exports on Aqueous Paints were Canada ($633M), Mexico ($240M), China ($38.3M), South Korea ($11.6M), and Bahamas ($10.3M).

In 2022, United States imported $420M in Aqueous Paints, mainly from Canada ($157M), Mexico ($62.3M), Sweden ($58.9M), Germany ($37.8M), and Italy ($25.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Aqueous Paints EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$83.2M (15.1%)
Mexico$42.8M (21.6%)
India$2.71M (91.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aqueous Paints BY United States WERE (2021 - 2022):
Russia-$4.61M (-86.5%)
Honduras-$2.98M (-67.1%)
Chile-$2.95M (-23%)
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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 Aqueous Paints were:
Germany $1.36B
Italy $482M
In 2022, United States's main importing competitors in Aqueous Paints were:
Canada $663M
Germany $448M

Explore Visualizations

Trade Value of Aqueous Paints by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $13.7M
TOP IMPORT POTENTIALGermany+ $16.6M

Aqueous Paints’s highest export potential is China. With an export gap of $13.7M.   Aqueous Paints’s highest import potential is Germany with an import gap of $16.6M.

See methodology.

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