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Paints and varnishes (including enamels and lacquers) based on synthetic or chemically modified natural polymers, dispersed or dissolved in an aqueous medium

3209 (Harmonized System 1992 for 4-digit)

2023
World Trade $7.45BRnk 433 / 1217
2023
Top Exporter | Top Importer $1.39B | $637MGermany | Canada
2023
Product Complexity 0.084Rnk 541 / 1044
2022 - 2023
Export Growth (CAGR) -0.64%Rnk 427 / 1217
2023
Share of World Trade 0.033%Rnk 433 / 1217

About

Overview This page contains the latest trade data of Aqueous Paints. In 2023, Aqueous Paints were the world's 433rd most traded product, with a total trade of $7.45B. Between 2022 and 2023 the exports of Aqueous Paints decreased by -0.64%, from $7.5B to $7.45B. Trade in Aqueous Paints represent 0.033% of total world trade.

Aqueous Paints are a part of Paints, dyes, & varnishes. They include Acrylic & vinyl polymer based paint, varnish, in wate and Polymer based paints & varnishes nes, aqueous medium.

Exports In 2023 the top exporters of Aqueous Paints  were Germany ($1.39B), United States ($1.08B), Italy ($461M), Netherlands ($418M), and France ($381M).

Imports In 2023 the top importers of Aqueous Paints were Canada ($637M), Germany ($418M), United States ($413M), France ($391M), and Poland ($334M).

Ranking Aqueous Paints ranks 541st in the Product Complexity Index (PCI).

Description Paints and varnishes are usually a mixture of pigments, binders, solvents, and other additives. The pigments give the paint its color, and the binder holds the pigment particles together in a film. The solvents evaporate as the paint dries, leaving the binder and the pigment particles behind.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Aqueous Paints. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)Germany$1.39B
Top Destination (2023)Canada$637M

In 2023 Aqueous Paints were the world's 433rd most traded product (out of 1,217).

In 2023, the top exporters of Aqueous Paints were Germany ($1.39B), United States ($1.08B), Italy ($461M), Netherlands ($418M), and France ($381M).

In 2023, the top importers of Aqueous Paints were Canada ($637M), Germany ($418M), United States ($413M), France ($391M), and Poland ($334M).

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Exporters of Aqueous Paints (2023)
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Importers of Aqueous Paints (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Germany$23.3M
Top Destination Growth (2022 -  2023)France$26.8M

Between 2022 and 2023, the exports of Aqueous Paints grew the fastest in Germany ($23.3M), Belgium ($22.6M), Netherlands ($20.9M), United Arab Emirates ($19.7M), and Poland ($19.4M).

Between 2022 and 2023, the fastest growing importers of Aqueous Paints were France ($26.8M), Belgium ($20.4M), Mexico ($19.8M), Italy ($19M), and Belarus ($16.9M).

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Exporters of Aqueous Paints (2022 - 2023)

Importers of Aqueous Paints (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Aqueous Paints.

In 2023, market concentration measured using Shannon Entropy, was 4.67. This means that most of the exports of Aqueous Paints are explained by 25 countries.

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Value of Exports in Aqueous Paints

Net Trade

TOP NET EXPORTER (2023)Germany$969M
TOP NET IMPORTER (2023)Canada$457M

This map shows which countries export or import more of Aqueous Paints. Each country is colored based on the difference in exports and imports of Aqueous Paints during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Aqueous Paints were Germany ($969M), United States ($664M), Italy ($280M), Netherlands ($186M), and Japan ($114M).

In 2023, the countries that had a largest trade value in imports than in exports of Aqueous Paints were Canada ($457M), Mexico ($237M), Poland ($158M), Czechia ($121M), and Slovakia ($99.9M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Aqueous Paints, disaggragated by their HS6 level were Acrylic & vinyl polymer based paint,... ($4.24B) and Polymer based paints & varnishes nes,... ($3.2B)

HS6 Disaggregation for Aqueous Paints (2023)
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Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Aqueous Paints.
It is possible to select the main countries that export or import Aqueous Paints in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Aqueous Paints by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $13.7M
TOP IMPORT POTENTIALGermany+ $16.6M

Aqueous Paints’s highest export potential is China. With an export gap of $13.7M.  Aqueous Paints’s highest import potential is Germany with an import gap of $16.6M.

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Product Complexity

Diversification Frontier

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.

Relatedness vs Country Complexity (2023)

Related Products

This visualization shows products that are likely to be exported by countries that export Aqueous Paints.

Country by Relatedness

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

Relative Relatedness by Country (2023)

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