2023
Exports
$1.31BWorld Rnk 18 / 218
Flag Rnk 44 / 96
2023
PRODUCT COMPLEXITY IN Paints, dyes, & varnishes
1.13Rnk 132 / 1025
2023
Imports
$2.6BWorld Rnk 9 / 226
Flag Rnk 37 / 96
2023
ECONOMIC COMPLEXITY of Canada
0.9Rnk 30 / 132

About

Exports In 2023, Canada exported $1.31B in Paints, dyes, & varnishes, making it the 18th largest exporter of Paints, dyes, & varnishes in the world. At the same year, Paints, dyes, & varnishes was the 44th most exported product in Canada. The main destination of Paints, dyes, & varnishes exports from Canada are: United States ($1.17B), Mexico ($23.8M), Japan ($23M), China ($11.4M), and Germany ($8.33M).

The fastest growing export markets for Paints, dyes, & varnishes of Canada between 2022 and 2023 were Mexico ($4.54M), Guatemala ($1.9M), and India ($1.27M).

Imports In 2023, Canada imported $2.6B in Paints, dyes, & varnishes, becoming the 9th largest importer of Paints, dyes, & varnishes in the world. At the same year, Paints, dyes, & varnishes was the 37th most imported product in Canada. Canada imports Paints, dyes, & varnishes primarily from: United States ($2.15B), China ($94.6M), Germany ($73.7M), United Kingdom ($27.8M), and India ($27.4M).

The fastest growing import markets in Paints, dyes, & varnishes for Canada between 2022 and 2023 were Ireland ($9.83M), Estonia ($1.19M), and South Korea ($1.03M).

Latest Trends

December 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)C$-7.98M(-7.02%)
IMPORT GROWTH (December 2023 - December 2024)C$5.18M(2.13%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)United StatesC$97.2M

This section shows Paints, dyes, & varnishes's exports and imports data at subnational level for Canada. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Paints, dyes, & varnishes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.31B
IMPORTS (2023)$2.6B
NET TRADE (2023)-$1.29B

In 2023, Canada exported $1.31B in Paints, dyes, & varnishes. The main destinations of Canada exports on Paints, dyes, & varnishes were United States ($1.17B), Mexico ($23.8M), Japan ($23M), China ($11.4M), and Germany ($8.33M).

In 2023, Canada imported $2.6B in Paints, dyes, & varnishes, mainly from United States ($2.15B), China ($94.6M), Germany ($73.7M), United Kingdom ($27.8M), and India ($27.4M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Paints, dyes, & varnishes EXPORT MARKETS FOR Canada WERE (2022 - 2023):
Mexico$4.54M (23.6%)
Guatemala$1.9M (114%)
India$1.27M (69.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Paints, dyes, & varnishes BY Canada WERE (2022 - 2023):
United States-$51.1M (-4.19%)
Colombia-$4.13M (-86.7%)
Peru-$3.1M (-62.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Canada's main exporting competitors in Paints, dyes, & varnishes were:
In 2023, Canada's main importing competitors in Paints, dyes, & varnishes were:

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Trade Value of Paints, dyes, & varnishes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $63.6M
TOP IMPORT POTENTIALChina+ $48.8M

Paints, dyes, & varnishes’s highest export potential is United States. With an export gap of $63.6M.   Paints, dyes, & varnishes’s highest import potential is China with an import gap of $48.8M.

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