HS Icon Nonaqueous Paints

3208 (Harmonized System 1992 for 4-digit)

Overview:  This page contains the latest trade data of Nonaqueous Paints. In 2019, Nonaqueous Paints were the world's 237th most traded product, with a total trade of $14.8B. Between 2018 and 2019 the exports of Nonaqueous Paints decreased by -2.54%, from $15.2B to $14.8B. Trade in Nonaqueous Paints represent 0.082% of total world trade.

Exports: In 2019 the top exporters of Nonaqueous Paints  were Germany ($2.28B), Japan ($1.61B), United States ($1.46B), Italy ($1.16B), and France ($725M).

Imports: In 2019 the top importers of Nonaqueous Paints were China ($1.11B), Germany ($714M), United States ($691M), Russia ($551M), and Canada ($551M).

Tariffs: In 2018 the average tariff for Nonaqueous Paints was 10.8%, making it the 378th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Nonaqueous Paints are Bahamas (40.2%), Cape Verde (40%), Cambodia (32.5%), 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: Nonaqueous Paints ranks 364th in the Product Complexity Index (PCI).

Description: Paints and varnishes are made up of a pigment suspended in a medium that is often an oil or a synthetic polymer. Enamels and lacquers are made up of a pigment dispersed in a non-aqueous medium.

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): Germany, $2.28B

Top Destination (2019): China, $1.11B

Nonaqueous Paints are the world's 237th most traded product.

In 2019, the top exporters of Nonaqueous Paints were Germany ($2.28B), Japan ($1.61B), United States ($1.46B), Italy ($1.16B), and France ($725M).

In 2019, the top importers of Nonaqueous Paints were China ($1.11B), Germany ($714M), United States ($691M), Russia ($551M), and Canada ($551M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Egypt, $15.6M

Top Destination Growth (2018 - 2019): Chad, $24.2M

Between 2018 and 2019, the exports of Nonaqueous Paints grew the fastest in Egypt ($15.6M), Spain ($15.1M), Vietnam ($13.3M), United Arab Emirates ($13M), and Finland ($11.1M).

Between 2018 and 2019, the fastest growing importers of Nonaqueous Paints were Chad ($24.2M), China ($16.8M), Vietnam ($15.1M), United States ($14.8M), and Libya ($9.49M).

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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 Nonaqueous Paints.

In 2019,  market concentration measured using Shannon Entropy, was 4.64. This means that most of the exports of Nonaqueous Paints are explained by 24 countries.

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TOP NET EXPORTER (2019): Germany, $1.57B

TOP NET IMPORTER (2019): China, $594M

This map shows which countries export or import more of Nonaqueous Paints. Each country is colored based on the difference in exports and imports of Nonaqueous Paints during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Nonaqueous Paints were Germany ($1.57B), Japan ($1.47B), Italy ($813M), United States ($774M), and United Kingdom ($224M).

In 2019, the countries that had a largest trade value in imports than in exports of Nonaqueous Paints were China ($594M), Russia ($439M), Mexico ($364M), Canada ($316M), and Chinese Taipei ($238M).

Disaggregation

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Value

In 2019, the world most traded Nonaqueous Paints, disaggragated by their HS6 level were Polymer based paint, varnish in non-aqueous... ($7.78B), Acrylic or vinyl polymer paint or... ($4.18B), and Polyester based paints, varnishes, non-aqueous medium ($2.82B)

Import Tariffs

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In 2018, the average tariff for importing Nonaqueous Paints was 10.8%. The countries with the highest tariffs for importing Nonaqueous Paints were Bahamas (40.2%), Cape Verde (40%), Cambodia (32.5%), Fiji (31.1%), and Nepal (30%).

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.

Country by Relatedness

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