HS Icon Other Paints

3210 (Harmonized System 1992 for 4-digit)

World Trade (2018): $920M, Rnk 930 / 1225

Top Exporter (2018): $118M, Germany

Top Importer (2018): $74.7M, China

Product Complexity (2018): 0.27, Rnk 449 / 1018

Export Growth (CAGR)(2017 - 2018): 15.9%, Rnk 477 / 1225

Mean Tariff (2018): 10%, Rnk 422 / 1259

Share of World Trade (2018): 0.005%, Rnk 930 / 1225

Overview:  This page contains the latest trade data of Other Paints. In 2018, Other Paints were the world's 930th most traded product, with a total trade of $920M. Between 2017 and 2018 the exports of Other Paints grew by 15.9%, from  $794M to $920M. Trade in Other Paints represent 0.005% of total world trade.

Exports: In 2018 the top exporters of Other Paints  were Germany ($118M), Belarus ($117M), United States ($72.6M), Italy ($57.6M), and Chinese Taipei ($57.3M).

Imports: In 2018 the top importers of Other Paints were China ($74.7M), Estonia ($46.4M), Lithuania ($41.9M), Germany ($39.2M), and Latvia ($34.2M).

Tariffs: In 2018 the average tariff for Other Paints was 10%, been the 422 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Other Paints are Bahamas (40.2%), Cambodia (35%), Sudan (35%), Fiji (31.1%), and Nepal (30%). The countries with the lowest tariffs are Hong Kong (0%), Maldives (0%), Singapore (0%), Switzerland (0%), and Norway (0%).

Ranking: Other Paints ranks 449th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Germany, $118M

Top Destination (2018): China, $74.7M

Other Paints are the world's 930th most traded product.

In 2018, the top exporters of Other Paints were Germany ($118M), Belarus ($117M), United States ($72.6M), Italy ($57.6M), and Chinese Taipei ($57.3M).

In 2018, the top importers of Other Paints were China ($74.7M), Estonia ($46.4M), Lithuania ($41.9M), Germany ($39.2M), and Latvia ($34.2M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Belarus, $73.7M

Top Destination Growth (2017 - 2018): Lithuania, $35.9M

Between 2017 and 2018, the exports of Other Paints grew the fastest in Belarus ($73.7M), Chinese Taipei ($39.1M), Trinidad and Tobago ($11.5M), United Arab Emirates ($9.29M), and Japan ($8.15M).

Between 2017 and 2018, the fastest growing importers of Other Paints were Lithuania ($35.9M), Estonia ($22.7M), Hong Kong ($16.1M), Latvia ($13.8M), and Vietnam ($12.1M).

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Market Concentration

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Cumulative market share

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

In 2018,  market concentration measured using Shannon Entropy, was 4.64. This means that most of the exports of Other Paints are explained by 24 countries.

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TOP NET EXPORTER (2018): Belarus, $114M

TOP NET IMPORTER (2018): Estonia, $43.6M

This map shows which countries export or import more of Other Paints. Each country is colored based on the difference in exports and imports of Other Paints during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Other Paints were Belarus ($114M), Germany ($78.7M), United States ($60.7M), Italy ($45.4M), and Chinese Taipei ($44M).

In 2018, the countries that had a largest trade value in imports than in exports of Other Paints were Estonia ($43.6M), Lithuania ($39.1M), China ($37.8M), Latvia ($33.8M), and Hong Kong ($28M).

Trade Forecasts

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This section shows forecasts for total trade for Other Paints. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

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Import Tariffs

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In 2018, the average tariff for importing Other Paints was 10%.  The countries with the highest tariffs for importing Other Paints were Bahamas (40.2%), Cambodia (35%), Sudan (35%), Fiji (31.1%), and Nepal (30%).

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Product Complexity

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Diversification Frontier

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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.