Organic composite solvents and thinners, not elsewhere specified or included; prepared paint or varnish removers

3814 (Harmonized System 1992 for 4-digit)

About

Overview This page contains the latest trade data of Organic Composite Solvents. In 2021, Organic Composite Solvents were the world's 740th most traded product, with a total trade of $2.19B. Between 2020 and 2021 the exports of Organic Composite Solvents grew by 27.2%, from $1.72B to $2.19B. Trade in Organic Composite Solvents represent 0.01% of total world trade.

Organic Composite Solvents are a part of Chemical products n.e.s.. They include Organic composite solvents, paint, varnish remover et.

Exports In 2021 the top exporters of Organic Composite Solvents  were Germany ($307M), United States ($211M), South Korea ($159M), Italy ($141M), and Netherlands ($128M).

Imports In 2021 the top importers of Organic Composite Solvents were Ukraine ($119M), China ($96.5M), United States ($92.9M), Germany ($89.6M), and Vietnam ($78.4M).

Ranking Organic Composite Solvents ranks 572nd in the Product Complexity Index (PCI).

Latest Data

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The following visualization shows the latest trends on Organic Composite Solvents. 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

Exporters and Importers

Top Origin (2021)Germany$307M
Top Destination (2021)Ukraine$119M

In 2021 Organic Composite Solvents were the world's 740th most traded product (out of 1,217).

In 2021, the top exporters of Organic Composite Solvents were Germany ($307M), United States ($211M), South Korea ($159M), Italy ($141M), and Netherlands ($128M).

In 2021, the top importers of Organic Composite Solvents were Ukraine ($119M), China ($96.5M), United States ($92.9M), Germany ($89.6M), and Vietnam ($78.4M).

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Exporters of Organic Composite Solvents (2021)
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Importers of Organic Composite Solvents (2021)
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Market Dynamics

Color
Top Origin Growth (2020 -  2021)Germany$67.1M
Top Destination Growth (2020 -  2021)Ukraine$81.3M

Between 2020 and 2021, the exports of Organic Composite Solvents grew the fastest in Germany ($67.1M), Russia ($54.6M), Belarus ($34.8M), South Korea ($26.9M), and Netherlands ($21.9M).

Between 2020 and 2021, the fastest growing importers of Organic Composite Solvents were Ukraine ($81.3M), Germany ($25.8M), Italy ($19.2M), United States ($18.9M), and Austria ($16.3M).

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Exporters of Organic Composite Solvents (2020 - 2021)

Importers of Organic Composite Solvents (2020 - 2021)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Organic Composite Solvents.

In 2021, market concentration measured using Shannon Entropy, was 4.88. This means that most of the exports of Organic Composite Solvents are explained by 29 countries.

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Value of Exports in Organic Composite Solvents

Net Trade

TOP NET EXPORTER (2021)Germany$218M
TOP NET IMPORTER (2021)Ukraine$119M

This map shows which countries export or import more of Organic Composite Solvents. Each country is colored based on the difference in exports and imports of Organic Composite Solvents during 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Organic Composite Solvents were Germany ($218M), South Korea ($126M), United States ($119M), Netherlands ($90.9M), and Italy ($70.9M).

In 2021, the countries that had a largest trade value in imports than in exports of Organic Composite Solvents were Ukraine ($119M), Vietnam ($59.9M), Mexico ($49.1M), Indonesia ($33.7M), and Bangladesh ($32.9M).

Net Trade (2021)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Organic Composite Solvents by percentage of total exports

Product Complexity

Diversification Frontier

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.

Relatedness vs Country Complexity (2021)

Country by Relatedness

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

Relative Relatedness by Country (2021)

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