HS Icon Acrylic & vinyl polymer based paint, varnish, in wate

320910 (Harmonized System 1992 for 6-digit)

Overview This page contains the latest trade data of Acrylic & vinyl polymer based paint, varnish, in wate. In 2019, Acrylic & vinyl polymer based paint, varnish, in wate were the world's 841st most traded product, with a total trade of $3.67B. Between 2018 and 2019 the exports of Acrylic & vinyl polymer based paint, varnish, in wate decreased by -0.14%, from $3.67B to $3.67B. Trade in Acrylic & vinyl polymer based paint, varnish, in wate represent 0.02% of total world trade.

Exports In 2019 the top exporters of Acrylic & vinyl polymer based paint, varnish, in wate  were Germany ($755M), United States ($635M), Netherlands ($254M), Italy ($201M), and Sweden ($165M).

Imports In 2019 the top importers of Acrylic & vinyl polymer based paint, varnish, in wate were Canada ($396M), Poland ($199M), France ($185M), Germany ($178M), and United Kingdom ($171M).

Tariffs In 2018 the average tariff for Acrylic & vinyl polymer based paint, varnish, in wate was 11.9%, making it the 1783rd lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Acrylic & vinyl polymer based paint, varnish, in wate are Bahamas (40.2%), Cape Verde (40%), Cambodia (35%), Sudan (35%), and Fiji (31.1%). The countries with the lowest tariffs are Hong Kong (0%), Maldives (0%), Singapore (0%), Switzerland (0%), and Norway (0%).

Ranking Acrylic & vinyl polymer based paint, varnish, in wate ranks 2644th in the Product Complexity Index (PCI).

Description Polymer based paints are an acrylic product that is resistant to moisture and can be used in the home. Water based paints are also a type of acrylic that is environmentally friendly and can be used in many applications. Varnishes also are a polymer based paint that are used to finish wood and other materials.

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): Germany, $755M

Top Destination (2019): Canada, $396M

Acrylic & vinyl polymer based paint, varnish, in wate are the world's 841st most traded product.

In 2019, the top exporters of Acrylic & vinyl polymer based paint, varnish, in wate were Germany ($755M), United States ($635M), Netherlands ($254M), Italy ($201M), and Sweden ($165M).

In 2019, the top importers of Acrylic & vinyl polymer based paint, varnish, in wate were Canada ($396M), Poland ($199M), France ($185M), Germany ($178M), and United Kingdom ($171M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): United States, $53.8M

Top Destination Growth (2018 - 2019): Canada, $34.9M

Between 2018 and 2019, the exports of Acrylic & vinyl polymer based paint, varnish, in wate grew the fastest in United States ($53.8M), United Kingdom ($8.97M), Canada ($7.46M), China ($7.43M), and Finland ($6.94M).

Between 2018 and 2019, the fastest growing importers of Acrylic & vinyl polymer based paint, varnish, in wate were Canada ($34.9M), Mexico ($15.2M), United States ($8.64M), United Arab Emirates ($7.01M), and Kazakhstan ($6.96M).

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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 Acrylic & vinyl polymer based paint, varnish, in wate.

In 2019,  market concentration measured using Shannon Entropy, was 4.46. This means that most of the exports of Acrylic & vinyl polymer based paint, varnish, in wate are explained by 22 countries.

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TOP NET EXPORTER (2019): Germany, $577M

TOP NET IMPORTER (2019): Canada, $347M

This map shows which countries export or import more of Acrylic & vinyl polymer based paint, varnish, in wate. Each country is colored based on the difference in exports and imports of Acrylic & vinyl polymer based paint, varnish, in wate during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Acrylic & vinyl polymer based paint, varnish, in wate were Germany ($577M), United States ($527M), Italy ($122M), Netherlands ($106M), and Sweden ($73.8M).

In 2019, the countries that had a largest trade value in imports than in exports of Acrylic & vinyl polymer based paint, varnish, in wate were Canada ($347M), Poland ($107M), Mexico ($101M), China ($86.8M), and Russia ($79.7M).

Import Tariffs

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In 2018, the average tariff for importing Acrylic & vinyl polymer based paint, varnish, in wate was 11.9%. The countries with the highest tariffs for importing Acrylic & vinyl polymer based paint, varnish, in wate were Bahamas (40.2%), Cape Verde (40%), Cambodia (35%), Sudan (35%), and Fiji (31.1%).

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.