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2022
Exports $3.36BWorld Rnk 10 / 217
Flag Rnk 19 / 96
2022
Destination $41.4M Netherlands
2021 - 2022
FASTEST GROWING MARKET $41.4MUnited Kingdom
2022
PRODUCT COMPLEXITY IN Paints, dyes, & varnishes1.08Rnk 144 / 1025
2022
Imports $2.44BWorld Rnk 12 / 225
Flag Rnk 47 / 96
2022
Origin $41.4M Germany
2021 - 2022
FASTEST GROWING ORIGIN $41.4MUnited Kingdom
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $3.36B in Paints, dyes, & varnishes, making it the 10th largest exporter of Paints, dyes, & varnishes in the world. At the same year, Paints, dyes, & varnishes was the 19th most exported product in United Kingdom. The main destination of Paints, dyes, & varnishes exports from United Kingdom are: Netherlands ($464M), Germany ($335M), United States ($241M), France ($235M), and Belgium ($196M).

The fastest growing export markets for Paints, dyes, & varnishes of United Kingdom between 2021 and 2022 were United Kingdom ($41.4M), Turkey ($36.8M), and United States ($19.3M).

Imports In 2022, United Kingdom imported $2.44B in Paints, dyes, & varnishes, becoming the 12th largest importer of Paints, dyes, & varnishes in the world. At the same year, Paints, dyes, & varnishes was the 47th most imported product in United Kingdom. United Kingdom imports Paints, dyes, & varnishes primarily from: Germany ($630M), Netherlands ($245M), Belgium ($163M), China ($163M), and United States ($141M).

The fastest growing import markets in Paints, dyes, & varnishes for United Kingdom between 2021 and 2022 were United Kingdom ($41.4M), Philippines ($24M), and Japan ($18.8M).

COMPANIES In 2023, leading companies such as Dole Fresh Fruit (150), DuPont (16), and Busa Distribution Center (14) were at the forefront of shipping Paints, dyes, & varnishes from United Kingdom to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Paints, dyes, & varnishes exports accounted up to £242M and imports accounted up to £167M, resulting in a positive trade balance of £74.2M. Between June 2023 and June 2024 the exports of United Kingdom's   Paints, dyes, & varnishes have increased by £18.4M (8.26%) from £223M to £242M, while imports decreased by £-3.38M (-1.98%) from £171M to £167M.

Destinations In June 2024, Paints, dyes, & varnishes were exported mostly to Germany (£29.8M), Netherlands (£24.5M), United States (£21.6M), Belgium (£21.2M), and Ireland (£15.1M), and were imported mostly from Germany (£30.7M), Netherlands (£26.9M), France (£22.3M), Belgium (£20.8M), and United States (£8.59M).

Growth In June 2024, the increase in Paints, dyes, & varnishes's year-by-year exports was explained primarily by an increase in exports to Netherlands (£7.74M or 38.9%), Italy (£5.74M or 108%), and Turkey (£4.16M or 89%). In June 2024, the decrease in Paints, dyes, & varnishes's year-by-year imports was explained primarily by a decrease in imports from China (£-3.96M or -37.6%), Philippines (£-1.69M or -80.9%), and Japan (£-1.41M or -43.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£18.4M(8.26%)
IMPORT GROWTH (June 2023 - June 2024)£-3.38M(-1.98%)
MAIN EXPORTER (June 2024)Dover Eurotunnel£81.1M
MAIN DESTINATION (June 2024)Germany£29.8M

This section shows Paints, dyes, & varnishes's exports and imports data at subnational level for United Kingdom. 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)$3.36B
IMPORTS (2022)$2.44B
NET TRADE (2022)$918M

In 2022, United Kingdom exported $3.36B in Paints, dyes, & varnishes. The main destinations of United Kingdom exports on Paints, dyes, & varnishes were Netherlands ($464M), Germany ($335M), United States ($241M), France ($235M), and Belgium ($196M).

In 2022, United Kingdom imported $2.44B in Paints, dyes, & varnishes, mainly from Germany ($630M), Netherlands ($245M), Belgium ($163M), China ($163M), and United States ($141M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Paints, dyes, & varnishes EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
United Kingdom$41.4M (1.19k%)
Turkey$36.8M (38.2%)
United States$19.3M (8.71%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Paints, dyes, & varnishes BY United Kingdom WERE (2021 - 2022):
France-$78.3M (-25%)
Russia-$54.2M (-61.7%)
Netherlands-$42.8M (-8.44%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United Kingdom's main exporting competitors in Paints, dyes, & varnishes were:
Germany $13B
China $11.5B
United States $8.63B
In 2022, United Kingdom's main importing competitors in Paints, dyes, & varnishes were:
United States $5.95B
Germany $5.41B
China $4.84B

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Trade Value of Paints, dyes, & varnishes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $84.2M
TOP IMPORT POTENTIALGermany+ $74.4M

Paints, dyes, & varnishes’s highest export potential is Germany. With an export gap of $84.2M.   Paints, dyes, & varnishes’s highest import potential is Germany with an import gap of $74.4M.

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