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2022
Exports $11.5BWorld Rnk 2 / 217
Flag Rnk 38 / 96
2022
Destination $227M India
2021 - 2022
FASTEST GROWING MARKET $227MGermany
2022
PRODUCT COMPLEXITY IN Paints, dyes, & varnishes1.08Rnk 144 / 1025
2022
Imports $4.84BWorld Rnk 3 / 225
Flag Rnk 38 / 96
2022
Origin $14.8M Japan
2021 - 2022
FASTEST GROWING ORIGIN $14.8MNetherlands
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $11.5B in Paints, dyes, & varnishes, making it the 2nd largest exporter of Paints, dyes, & varnishes in the world. At the same year, Paints, dyes, & varnishes was the 38th most exported product in China. The main destination of Paints, dyes, & varnishes exports from China are: India ($835M), Vietnam ($728M), South Korea ($530M), Indonesia ($517M), and Turkey ($503M).

The fastest growing export markets for Paints, dyes, & varnishes of China between 2021 and 2022 were Germany ($227M), Russia ($175M), and Saudi Arabia ($109M).

Imports In 2022, China imported $4.84B in Paints, dyes, & varnishes, becoming the 3rd largest importer of Paints, dyes, & varnishes in the world. At the same year, Paints, dyes, & varnishes was the 38th most imported product in China. China imports Paints, dyes, & varnishes primarily from: Japan ($1.23B), South Korea ($711M), Germany ($541M), Chinese Taipei ($446M), and United States ($389M).

The fastest growing import markets in Paints, dyes, & varnishes for China between 2021 and 2022 were Netherlands ($14.8M), Belgium ($12.9M), and United Arab Emirates ($6.4M).

COMPANIES In 2023, leading companies such as CrimsonLogic (160), At Home Procurement (103), and Walmart (76) were at the forefront of shipping Paints, dyes, & varnishes from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Paints, dyes, & varnishes exports accounted up to $893M and imports accounted up to $459M, resulting in a positive trade balance of $434M. Between July 2023 and July 2024 the exports of China's   Paints, dyes, & varnishes have increased by $120M (15.5%) from $773M to $893M, while imports increased by $60.9M (15.3%) from $398M to $459M.

Destinations In July 2024, Paints, dyes, & varnishes were exported mostly to India ($91.5M), Vietnam ($61.7M), Brazil ($45.2M), Indonesia ($42.1M), and South Korea ($40.9M), and were imported mostly from Japan ($127M), South Korea ($74.5M), Germany ($40.7M), United States ($36.9M), and Chinese Taipei ($22.8M).

Growth In July 2024, the increase in Paints, dyes, & varnishes's year-by-year exports was explained primarily by an increase in exports to Russia ($20M or 103%), Saudi Arabia ($5.09M or 43.9%), and Philippines ($4.98M or 44.5%). In July 2024, the increase in Paints, dyes, & varnishes's year-by-year imports was explained primarily by an increase in imports from Germany ($4.51M or 9.81%), United States ($2.43M or 7.87%), and Belgium ($1.37M or 33.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$120M(15.5%)
IMPORT GROWTH (July 2023 - July 2024)$60.9M(15.3%)
MAIN EXPORTER (July 2024)Guangdong Province$159M
MAIN DESTINATION (July 2024)India$91.5M

This section shows Paints, dyes, & varnishes's exports and imports data at subnational level for China. 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 Paints, dyes, & varnishes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$11.5B
IMPORTS (2022)$4.84B
NET TRADE (2022)$6.67B

In 2022, China exported $11.5B in Paints, dyes, & varnishes. The main destinations of China exports on Paints, dyes, & varnishes were India ($835M), Vietnam ($728M), South Korea ($530M), Indonesia ($517M), and Turkey ($503M).

In 2022, China imported $4.84B in Paints, dyes, & varnishes, mainly from Japan ($1.23B), South Korea ($711M), Germany ($541M), Chinese Taipei ($446M), and United States ($389M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Paints, dyes, & varnishes EXPORT MARKETS FOR China WERE (2021 - 2022):
Germany$227M (122%)
Russia$175M (89.7%)
Saudi Arabia$109M (106%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Paints, dyes, & varnishes BY China WERE (2021 - 2022):
South Korea-$74.4M (-12.3%)
Chinese Taipei-$69.4M (-19%)
France-$43.5M (-28.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Paints, dyes, & varnishes were:
Germany $13B
United States $8.63B
In 2022, China's main importing competitors in Paints, dyes, & varnishes were:
United States $5.95B
Germany $5.41B

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Trade Value of Paints, dyes, & varnishes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $385M
TOP IMPORT POTENTIALIndia+ $220M

Paints, dyes, & varnishes’s highest export potential is India. With an export gap of $385M.   Paints, dyes, & varnishes’s highest import potential is India with an import gap of $220M.

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