Paintings, drawings, pastels, executed entirely by hand; not drawings of heading no. 4906 and not hand-painted, hand-decorated manufactured articles; collages and similar decorative plaques

9701 (Harmonized System 1992 for 4-digit)

About

Overview This page contains the latest trade data of Paintings. In 2022, Paintings were the world's 242nd most traded product, with a total trade of $18.3B. Between 2021 and 2022 the exports of Paintings grew by 16.4%, from $15.7B to $18.3B. Trade in Paintings represent 0.077% of total world trade.

Paintings are a part of Art & antiques. They include Paintings/drawings/pastels executed by hand and Collages, similar decorative plaques.

Exports In 2022 the top exporters of Paintings  were United States ($5.88B), United Kingdom ($3.23B), Switzerland ($1.8B), France ($1.49B), and China ($1.26B).

Imports In 2022 the top importers of Paintings were United States ($4.19B), Hong Kong ($2.84B), United Kingdom ($2.37B), Switzerland ($1.34B), and France ($1.03B).

Ranking Paintings ranks 241st in the Product Complexity Index (PCI).

Description -

Latest Data

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

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

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)United States$5.88B
Top Destination (2022)United States$4.19B

In 2022 Paintings were the world's 242nd most traded product (out of 1,218).

In 2022, the top exporters of Paintings were United States ($5.88B), United Kingdom ($3.23B), Switzerland ($1.8B), France ($1.49B), and China ($1.26B).

In 2022, the top importers of Paintings were United States ($4.19B), Hong Kong ($2.84B), United Kingdom ($2.37B), Switzerland ($1.34B), and France ($1.03B).

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Exporters of Paintings (2022)
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Importers of Paintings (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$961M
Top Destination Growth (2021 -  2022)United States$789M

Between 2021 and 2022, the exports of Paintings grew the fastest in United States ($961M), Switzerland ($918M), United Kingdom ($501M), Andorra ($211M), and Hong Kong ($177M).

Between 2021 and 2022, the fastest growing importers of Paintings were United States ($789M), Qatar ($634M), United Kingdom ($376M), South Korea ($228M), and Luxembourg ($216M).

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Exporters of Paintings (2021 - 2022)

Importers of Paintings (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Paintings.

In 2022, market concentration measured using Shannon Entropy, was 3.54. This means that most of the exports of Paintings are explained by 11 countries.

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Value of Exports in Paintings

Net Trade

TOP NET EXPORTER (2022)United States$1.69B
TOP NET IMPORTER (2022)Hong Kong$2.44B

This map shows which countries export or import more of Paintings. Each country is colored based on the difference in exports and imports of Paintings during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Paintings were United States ($1.69B), United Kingdom ($864M), China ($651M), France ($464M), and Switzerland ($456M).

In 2022, the countries that had a largest trade value in imports than in exports of Paintings were Hong Kong ($2.44B), Qatar ($647M), South Korea ($394M), Luxembourg ($187M), and Netherlands ($138M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Paintings, disaggragated by their HS6 level were Paintings/drawings/pastels executed by hand ($17.6B) and Collages, similar decorative plaques ($690M)

HS6 Disaggregation for Paintings (2022)
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Country Comparison

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Ranking

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

Top 10 Exporters Countries of Paintings by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALCanada+ $34.7M
TOP IMPORT POTENTIALChina+ $46.6M

Paintings’s highest export potential is Canada. With an export gap of $34.7M.  Paintings’s highest import potential is China with an import gap of $46.6M.

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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 (2022)

Country by Relatedness

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

Relative Relatedness by Country (2022)

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