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Pricing

2022
Exports $3.69BWorld Rnk 7 / 217
Flag Rnk 33 / 96
2022
Destination $38.9M Germany
2021 - 2022
FASTEST GROWING MARKET $38.9MUnited States
2022
PRODUCT COMPLEXITY IN Paints, dyes, & varnishes1.08Rnk 144 / 1025
2022
Imports $3.19BWorld Rnk 5 / 225
Flag Rnk 31 / 96
2022
Origin $28.7M Germany
2021 - 2022
FASTEST GROWING ORIGIN $28.7MChina
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $3.69B in Paints, dyes, & varnishes, making it the 7th largest exporter of Paints, dyes, & varnishes in the world. At the same year, Paints, dyes, & varnishes was the 33rd most exported product in Italy. The main destination of Paints, dyes, & varnishes exports from Italy are: Germany ($417M), Spain ($251M), France ($248M), Poland ($240M), and Turkey ($209M).

The fastest growing export markets for Paints, dyes, & varnishes of Italy between 2021 and 2022 were United States ($38.9M), Algeria ($37M), and Turkey ($32.1M).

Imports In 2022, Italy imported $3.19B in Paints, dyes, & varnishes, becoming the 5th largest importer of Paints, dyes, & varnishes in the world. At the same year, Paints, dyes, & varnishes was the 31st most imported product in Italy. Italy imports Paints, dyes, & varnishes primarily from: Germany ($937M), Spain ($402M), France ($285M), Netherlands ($243M), and China ($214M).

The fastest growing import markets in Paints, dyes, & varnishes for Italy between 2021 and 2022 were China ($28.7M), Spain ($28.4M), and France ($20.6M).

COMPANIES In 2023, leading companies such as Red Bull (30), Robert Bosch (24), and Arhaus (14) were at the forefront of shipping Paints, dyes, & varnishes from Italy to the United States.

Latest Trends

March 2024

About

Overview In March 2024 Italy's Paints, dyes, & varnishes exports accounted up to €249M and imports accounted up to €248M, resulting in a positive trade balance of €1.26M. Between March 2023 and March 2024 the exports of Italy's   Paints, dyes, & varnishes have decreased by €-24.8M (-9.07%) from €274M to €249M, while imports decreased by €-39.3M (-13.7%) from €287M to €248M.

Destinations In March 2024, Paints, dyes, & varnishes were exported mostly to Germany (€31.9M), France (€22M), Poland (€20.4M), Spain (€20.1M), and Turkey (€17M), and were imported mostly from Germany (€69.7M), Spain (€31.4M), Belgium (€27.6M), Netherlands (€26M), and France (€25.9M).

Growth In March 2024, the decrease in Paints, dyes, & varnishes's year-by-year exports was explained primarily by a decrease in exports to Russia (€-7.54M or -89.9%), Brazil (€-1.42M or -34%), and China (€-1.35M or -22.3%). In March 2024, the decrease in Paints, dyes, & varnishes's year-by-year imports was explained primarily by a decrease in imports from China (€-12.7M or -52.6%), Germany (€-9.73M or -12.2%), and Indonesia (€-4.45M or -27.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€-24.8M(-9.07%)
IMPORT GROWTH (March 2023 - March 2024)€-39.3M(-13.7%)
MAIN DESTINATION (March 2024)Germany€31.9M

This section shows Paints, dyes, & varnishes's exports and imports data at subnational level for Italy. 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)$3.69B
IMPORTS (2022)$3.19B
NET TRADE (2022)$504M

In 2022, Italy exported $3.69B in Paints, dyes, & varnishes. The main destinations of Italy exports on Paints, dyes, & varnishes were Germany ($417M), Spain ($251M), France ($248M), Poland ($240M), and Turkey ($209M).

In 2022, Italy imported $3.19B in Paints, dyes, & varnishes, mainly from Germany ($937M), Spain ($402M), France ($285M), Netherlands ($243M), and China ($214M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Paints, dyes, & varnishes EXPORT MARKETS FOR Italy WERE (2021 - 2022):
United States$38.9M (28.5%)
Algeria$37M (162%)
Turkey$32.1M (18.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Paints, dyes, & varnishes BY Italy WERE (2021 - 2022):
Russia-$74.9M (-51.8%)
Germany-$30.9M (-6.91%)
China-$26.5M (-23.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Paints, dyes, & varnishes were:
Germany $13B
China $11.5B
United States $8.63B
In 2022, Italy's main importing competitors in Paints, dyes, & varnishes were:
United States $5.95B
Germany $5.41B
China $4.84B

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Trade Value of Paints, dyes, & varnishes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $105M
TOP IMPORT POTENTIALChina+ $82.7M

Paints, dyes, & varnishes’s highest export potential is France. With an export gap of $105M.   Paints, dyes, & varnishes’s highest import potential is China with an import gap of $82.7M.

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