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HS Icon Paintings

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)

2021
World Trade: $15.2B, Rnk 266 / 1217

2021
Top Exporter | Top Importer: $4.93B | $3.38B, United States | United States

2021
Product Complexity: 0.54, Rnk 353 / 1024

2020 - 2021
Export Growth (CAGR): 35.2%, Rnk 242 / 1217

2018
Mean Tariff: 7.13%, Rnk 612 / 1259

2021
Share of World Trade: 0.00072%, Rnk 266 / 1217

About

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Overview This page contains the latest trade data of Paintings. In 2021, Paintings were the world's 266th most traded product, with a total trade of $15.2B. Between 2020 and 2021 the exports of Paintings grew by 35.2%, from $11.2B to $15.2B. Trade in Paintings represent 0.00072% 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 2021 the top exporters of Paintings  were United States ($4.93B), United Kingdom ($2.66B), China ($1.61B), France ($1.36B), and Switzerland ($873M).

Imports In 2021 the top importers of Paintings were United States ($3.38B), Hong Kong ($2.99B), United Kingdom ($1.94B), Switzerland ($1.59B), and France ($982M).

Tariffs In 2018 the average tariff for Paintings was 7.13%, making it the 612th lowest tariff using the HS4 product classification.

Ranking Paintings ranks 353rd in the Product Complexity Index (PCI).

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Latest Data

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View
Flow
Y-AXIS SCALE

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.

* 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 (2021): United States, $4.93B

Top Destination (2021): United States, $3.38B

Paintings are the world's 266th most traded product.

In 2021, the top exporters of Paintings were United States ($4.93B), United Kingdom ($2.66B), China ($1.61B), France ($1.36B), and Switzerland ($873M).

In 2021, the top importers of Paintings were United States ($3.38B), Hong Kong ($2.99B), United Kingdom ($1.94B), Switzerland ($1.59B), and France ($982M).

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Market Dynamics

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Trade by country

Color

Top Origin Growth (2020 -  2021): China, $1.2B

Top Destination Growth (2020 -  2021): Hong Kong, $1.35B

Between 2020 and 2021, the exports of Paintings grew the fastest in China ($1.2B), United Kingdom ($776M), United States ($515M), France ($380M), and Germany ($378M).

Between 2020 and 2021, the fastest growing importers of Paintings were Hong Kong ($1.35B), United States ($1.09B), France ($458M), United Kingdom ($308M), and Switzerland ($246M).

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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 Paintings.

In 2021, market concentration measured using Shannon Entropy, was 3.48. This means that most of the exports of Paintings are explained by 11 countries.

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Net Trade

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TOP NET EXPORTER (2021): United States, $1.55B

TOP NET IMPORTER (2021): Hong Kong, $2.77B

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 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Paintings were United States ($1.55B), China ($1.29B), United Kingdom ($721M), France ($375M), and Italy ($167M).

In 2021, the countries that had a largest trade value in imports than in exports of Paintings were Hong Kong ($2.77B), Switzerland ($717M), South Korea ($305M), Netherlands ($175M), and United Arab Emirates ($94.1M).

Disaggregation

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Value

In 2021, the world most traded Paintings, disaggragated by their HS6 level were Paintings/drawings/pastels executed by hand ($14.6B) and Collages, similar decorative plaques ($545M)

Country Comparison

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Flow
Measure
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.

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.

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This visualization shows products that are likely to be exported by countries that export Paintings.

Country by Relatedness

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

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