2022
Exports
$1.4BWorld Rnk 17 / 217
Flag Rnk 44 / 96
2022
PRODUCT COMPLEXITY IN Paints, dyes, & varnishes
1.08Rnk 144 / 1025
2022
Imports
$2.92BWorld Rnk 7 / 225
Flag Rnk 35 / 96
2022
ECONOMIC COMPLEXITY of Canada
0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $1.4B in Paints, dyes, & varnishes, making it the 17th 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 ($1.26B), Canada ($23.8M), China ($12.3M), Germany ($8.32M), and Mexico ($6.47M).

The fastest growing export markets for Paints, dyes, & varnishes of Canada between 2021 and 2022 were United States ($154M), Japan ($4.1M), and Netherlands ($4.06M).

Imports In 2022, Canada imported $2.92B in Paints, dyes, & varnishes, becoming the 7th largest importer of Paints, dyes, & varnishes in the world. At the same year, Paints, dyes, & varnishes was the 35th most imported product in Canada. Canada imports Paints, dyes, & varnishes primarily from: United States ($2.41B), China ($137M), Germany ($75.1M), Mexico ($47.3M), and India ($25.3M).

The fastest growing import markets in Paints, dyes, & varnishes for Canada between 2021 and 2022 were United States ($276M), China ($45.1M), and Mexico ($12.4M).

COMPANIES In 2023, leading companies such as Norwegian Cruise Line (1) were at the forefront of shipping Paints, dyes, & varnishes from Canada to the United States.

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)C$1.23M(0.86%)
IMPORT GROWTH (June 2023 - June 2024)C$-8.25M(-2.47%)
MAIN EXPORTER (June 2024)OntarioC$90.7M
MAIN DESTINATION (June 2024)United StatesC$137M

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 (2022)$1.4B
IMPORTS (2022)$2.92B
NET TRADE (2022)-$1.52B

In 2022, Canada exported $1.4B in Paints, dyes, & varnishes. The main destinations of Canada exports on Paints, dyes, & varnishes were United States ($1.26B), Canada ($23.8M), China ($12.3M), Germany ($8.32M), and Mexico ($6.47M).

In 2022, Canada imported $2.92B in Paints, dyes, & varnishes, mainly from United States ($2.41B), China ($137M), Germany ($75.1M), Mexico ($47.3M), and India ($25.3M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Paints, dyes, & varnishes EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$154M (14%)
Japan$4.1M (260%)
Netherlands$4.06M (196%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Paints, dyes, & varnishes BY Canada WERE (2021 - 2022):
United Kingdom-$3.43M (-41.5%)
Canada-$3.09M (-11.5%)
Russia-$2.32M (-94.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Paints, dyes, & varnishes were:
In 2022, 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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