2023
Exports
$7.91BWorld Rnk 3 / 218
Flag Rnk 32 / 96
2023
PRODUCT COMPLEXITY IN Paints, dyes, & varnishes
1.13Rnk 132 / 1025
2023
Imports
$4.95BWorld Rnk 2 / 226
Flag Rnk 55 / 96
2023
ECONOMIC COMPLEXITY of United States
1.5Rnk 10 / 132

About

Exports In 2023, United States exported $7.91B in Paints, dyes, & varnishes, making it the 3rd largest exporter of Paints, dyes, & varnishes in the world. At the same year, Paints, dyes, & varnishes was the 32nd most exported product in United States. The main destination of Paints, dyes, & varnishes exports from United States are: Canada ($2.15B), Mexico ($1.73B), China ($354M), South Korea ($321M), and Germany ($272M).

The fastest growing export markets for Paints, dyes, & varnishes of United States between 2022 and 2023 were France ($54.1M), Thailand ($22.7M), and United Kingdom ($11.4M).

Imports In 2023, United States imported $4.95B in Paints, dyes, & varnishes, becoming the 2nd largest importer of Paints, dyes, & varnishes in the world. At the same year, Paints, dyes, & varnishes was the 55th most imported product in United States. United States imports Paints, dyes, & varnishes primarily from: Canada ($1.17B), Germany ($623M), Mexico ($461M), Japan ($323M), and India ($306M).

The fastest growing import markets in Paints, dyes, & varnishes for United States between 2022 and 2023 were Mexico ($30.3M), New Zealand ($7.05M), and Honduras ($3.24M).

COMPANIES In 2023, leading companies such as Dole Fresh Fruit (1.99k), LG Electronics (1.05k), and Samsung (304) were at the forefront of shipping Paints, dyes, & varnishes to the United States.

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$4.26M(0.66%)
IMPORT GROWTH (November 2023 - November 2024)$30M(7.7%)
MAIN EXPORTER (November 2024)Ohio$70.9M
MAIN DESTINATION (November 2024)Canada$162M

This section shows Paints, dyes, & varnishes'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 Paints, dyes, & varnishes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$7.91B
IMPORTS (2023)$4.95B
NET TRADE (2023)$2.96B

In 2023, United States exported $7.91B in Paints, dyes, & varnishes. The main destinations of United States exports on Paints, dyes, & varnishes were Canada ($2.15B), Mexico ($1.73B), China ($354M), South Korea ($321M), and Germany ($272M).

In 2023, United States imported $4.95B in Paints, dyes, & varnishes, mainly from Canada ($1.17B), Germany ($623M), Mexico ($461M), Japan ($323M), and India ($306M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Paints, dyes, & varnishes EXPORT MARKETS FOR United States WERE (2022 - 2023):
France$54.1M (60.9%)
Thailand$22.7M (22.5%)
United Kingdom$11.4M (6.78%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Paints, dyes, & varnishes BY United States WERE (2022 - 2023):
Singapore-$209M (-69.5%)
South Korea-$129M (-28.7%)
Canada-$123M (-5.41%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Paints, dyes, & varnishes were:
Germany $11.9B
China $10.4B
In 2023, United States's main importing competitors in Paints, dyes, & varnishes were:
Germany $5.65B
China $4.68B

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Trade Value of Paints, dyes, & varnishes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $146M
TOP IMPORT POTENTIALChina+ $185M

Paints, dyes, & varnishes’s highest export potential is China. With an export gap of $146M.   Paints, dyes, & varnishes’s highest import potential is China with an import gap of $185M.

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