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320890 (Harmonized System 1992 for 6-digit)

2023
World Trade $8.65BRnk 423 / 4644
2023
Top Exporter | Top Importer $1.16B | $813MGermany | China
2023
Product Complexity 0.25Rnk 2124 / 4656
2022 - 2023
Export Growth (CAGR) -4.13%Rnk 1997 / 4644
2023
Share of World Trade 0.038%Rnk 423 / 4644

About

Overview This page contains the latest trade data of Polymer based paint, varnish in non-aqueous medium ne. In 2023, Polymer based paint, varnish in non-aqueous medium ne were the world's 423rd most traded product, with a total trade of $8.65B. Between 2022 and 2023 the exports of Polymer based paint, varnish in non-aqueous medium ne decreased by -4.13%, from $9.02B to $8.65B. Trade in Polymer based paint, varnish in non-aqueous medium ne represent 0.038% of total world trade.

Polymer based paint, varnish in non-aqueous medium ne are a part of Nonaqueous Paints.

Exports In 2023 the top exporters of Polymer based paint, varnish in non-aqueous medium ne  were Germany ($1.16B), United States ($924M), Japan ($865M), Italy ($699M), and Netherlands ($419M).

Imports In 2023 the top importers of Polymer based paint, varnish in non-aqueous medium ne were China ($813M), United States ($394M), Germany ($389M), Mexico ($319M), and Turkey ($319M).

Ranking Polymer based paint, varnish in non-aqueous medium ne ranks 2124th in the Product Complexity Index (PCI).

Description Polymer-based paints and varnishes are common in industries and homes. Polymer-based paints are used to provide protection from the elements, to provide a hard surface, and to provide a barrier to water, dirt, and other substances.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Polymer based paint, varnish in non-aqueous medium ne. 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 (2023)Germany$1.16B
Top Destination (2023)China$813M

In 2023 Polymer based paint, varnish in non-aqueous medium ne were the world's 423rd most traded product (out of 4,644).

In 2023, the top exporters of Polymer based paint, varnish in non-aqueous medium ne were Germany ($1.16B), United States ($924M), Japan ($865M), Italy ($699M), and Netherlands ($419M).

In 2023, the top importers of Polymer based paint, varnish in non-aqueous medium ne were China ($813M), United States ($394M), Germany ($389M), Mexico ($319M), and Turkey ($319M).

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Exporters of Polymer based paint, varnish in non-aqueous medium ne (2023)
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Importers of Polymer based paint, varnish in non-aqueous medium ne (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Netherlands$35.3M
Top Destination Growth (2022 -  2023)Belarus$25.3M

Between 2022 and 2023, the exports of Polymer based paint, varnish in non-aqueous medium ne grew the fastest in Netherlands ($35.3M), Turkey ($33.6M), Egypt ($22.1M), Poland ($17M), and Kazakhstan ($9.94M).

Between 2022 and 2023, the fastest growing importers of Polymer based paint, varnish in non-aqueous medium ne were Belarus ($25.3M), Libya ($22.3M), Turkey ($19.6M), Mexico ($13.4M), and United Arab Emirates ($13.2M).

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Exporters of Polymer based paint, varnish in non-aqueous medium ne (2022 - 2023)

Importers of Polymer based paint, varnish in non-aqueous medium ne (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Polymer based paint, varnish in non-aqueous medium ne.

In 2023, market concentration measured using Shannon Entropy, was 4.7. This means that most of the exports of Polymer based paint, varnish in non-aqueous medium ne are explained by 26 countries.

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Value of Exports in Polymer based paint, varnish in non-aqueous medium ne

Net Trade

TOP NET EXPORTER (2023)Germany$775M
TOP NET IMPORTER (2023)China$474M

This map shows which countries export or import more of Polymer based paint, varnish in non-aqueous medium ne. Each country is colored based on the difference in exports and imports of Polymer based paint, varnish in non-aqueous medium ne during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Polymer based paint, varnish in non-aqueous medium ne were Germany ($775M), Japan ($740M), United States ($530M), Italy ($479M), and United Kingdom ($194M).

In 2023, the countries that had a largest trade value in imports than in exports of Polymer based paint, varnish in non-aqueous medium ne were China ($474M), Mexico ($287M), Canada ($118M), Czechia ($110M), and India ($103M).

Net Trade (2023)

Country Comparison

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This visualization shows the countries that have an important ratio of their trade related to Polymer based paint, varnish in non-aqueous medium ne.
It is possible to select the main countries that export or import Polymer based paint, varnish in non-aqueous medium ne in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Polymer based paint, varnish in non-aqueous medium ne 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 (2023)

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