HS Icon Aqueous Paints

3209 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Aqueous Paints. In 2020, Aqueous Paints were the world's 416th most traded product, with a total trade of $6.4B. Between 2019 and 2020 the exports of Aqueous Paints decreased by -1.32%, from $6.49B to $6.4B. Trade in Aqueous Paints represent 0.038% of total world trade.

Aqueous Paints are a part of Tanning or dyeing extracts; tannins and their derivatives; dyes, pigments and other.... They include Acrylic & vinyl polymer based paint, varnish, in wateand Polymer based paints & varnishes nes, aqueous medium.

Exports In 2020 the top exporters of Aqueous Paints  were Germany ($1.3B), United States ($876M), Italy ($396M), Netherlands ($368M), and France ($331M).

Imports In 2020 the top importers of Aqueous Paints were Canada ($537M), Germany ($377M), Poland ($313M), France ($295M), and United States ($295M).

Tariffs In 2018 the average tariff for Aqueous Paints was 11.6%, making it the 326th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Aqueous Paints are Bahamas (40.2%), Cape Verde (40%), Cambodia (35%), and Sudan (35%). The countries with the lowest tariffs are Hong Kong (0%), Maldives (0%), Singapore (0%), Switzerland (0%), and Norway (0%).

Ranking Aqueous Paints ranks 488th in the Product Complexity Index (PCI).

Description Paints and varnishes are usually a mixture of pigments, binders, solvents, and other additives. The pigments give the paint its color, and the binder holds the pigment particles together in a film. The solvents evaporate as the paint dries, leaving the binder and the pigment particles behind.

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Y-AXIS SCALE

The following visualization shows the latest trends on Aqueous Paints. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2020): Germany, $1.3B

Top Destination (2020): Canada, $537M

Aqueous Paints are the world's 416th most traded product.

In 2020, the top exporters of Aqueous Paints were Germany ($1.3B), United States ($876M), Italy ($396M), Netherlands ($368M), and France ($331M).

In 2020, the top importers of Aqueous Paints were Canada ($537M), Germany ($377M), Poland ($313M), France ($295M), and United States ($295M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2019 -  2020): Sweden, $20.6M

Top Destination Growth (2019 - 2020): Netherlands, $23.7M

Between 2019 and 2020, the exports of Aqueous Paints grew the fastest in Sweden ($20.6M), Austria ($18.7M), United Kingdom ($16.9M), Poland ($16.2M), and Singapore ($12.8M).

Between 2019 and 2020, the fastest growing importers of Aqueous Paints were Netherlands ($23.7M), Denmark ($15.8M), Canada ($15.6M), China ($15.2M), and Germany ($12.4M).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Aqueous Paints.

In 2020,  market concentration measured using Shannon Entropy, was 4.57. This means that most of the exports of Aqueous Paints are explained by 23 countries.

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TOP NET EXPORTER (2020): Germany, $921M

TOP NET IMPORTER (2020): Canada, $404M

This map shows which countries export or import more of Aqueous Paints. Each country is colored based on the difference in exports and imports of Aqueous Paints during 2020.

In 2020, the countries that had a largest trade value in exports than in imports of Aqueous Paints were Germany ($921M), United States ($581M), Italy ($266M), Netherlands ($154M), and Japan ($133M).

In 2020, the countries that had a largest trade value in imports than in exports of Aqueous Paints were Canada ($404M), Mexico ($181M), Poland ($168M), Russia ($145M), and China ($139M).

Disaggregation

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Value

In 2019, the world most traded Aqueous Paints, disaggragated by their HS6 level were Acrylic & vinyl polymer based paint,... ($3.68B)and Polymer based paints & varnishes nes,... ($2.73B)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Aqueous Paints.
It is possible to select the main countries that export or import Aqueous Paints in the world, or by continent, as well as select the measure of interest.

Import Tariffs

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In 2018, the average tariff for importing Aqueous Paints was 11.6%. The countries with the highest tariffs for importing Aqueous Paints were Bahamas (40.2%), Cape Verde (40%), Cambodia (35%), and Sudan (35%).

Product Complexity

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Diversification Frontier

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Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Country by Relatedness

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The following visualization shows the relatedness of Aqueous Paints to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.