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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)

2022
World Trade $7.46BRnk 455 / 1218
2022
Top Exporter | Top Importer $1.36B | $663MGermany | Canada
2022
Product Complexity -0.057Rnk 575 / 1033
2021 - 2022
Export Growth (CAGR) -1.15%Rnk 917 / 1218
2022
Share of World Trade 0.031%Rnk 455 / 1218

About

Overview This page contains the latest trade data of Aqueous Paints. In 2022, Aqueous Paints were the world's 455th most traded product, with a total trade of $7.46B. Between 2021 and 2022 the exports of Aqueous Paints decreased by -1.15%, from $7.55B to $7.46B. Trade in Aqueous Paints represent 0.031% 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 2022 the top exporters of Aqueous Paints  were Germany ($1.36B), United States ($1.09B), Italy ($482M), Netherlands ($446M), and France ($375M).

Imports In 2022 the top importers of Aqueous Paints were Canada ($663M), Germany ($448M), United States ($420M), France ($358M), and Poland ($344M).

Ranking Aqueous Paints ranks 575th 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 (2022)Germany$1.36B
Top Destination (2022)Canada$663M

In 2022 Aqueous Paints were the world's 455th most traded product (out of 1,218).

In 2022, the top exporters of Aqueous Paints were Germany ($1.36B), United States ($1.09B), Italy ($482M), Netherlands ($446M), and France ($375M).

In 2022, the top importers of Aqueous Paints were Canada ($663M), Germany ($448M), United States ($420M), France ($358M), and Poland ($344M).

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Exporters of Aqueous Paints (2022)
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Importers of Aqueous Paints (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$134M
Top Destination Growth (2021 -  2022)Canada$83.8M

Between 2021 and 2022, the exports of Aqueous Paints grew the fastest in United States ($134M), Spain ($30.2M), Mexico ($17.5M), Singapore ($14.7M), and Malaysia ($13.8M).

Between 2021 and 2022, the fastest growing importers of Aqueous Paints were Canada ($83.8M), United States ($42.9M), Mexico ($37.3M), Saudi Arabia ($16M), and Turkey ($14.5M).

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Exporters of Aqueous Paints (2021 - 2022)

Importers of Aqueous Paints (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 4.66. 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 (2022)Germany$909M
TOP NET IMPORTER (2022)Canada$488M

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Aqueous Paints were Germany ($909M), United States ($668M), Italy ($313M), Netherlands ($208M), and Spain ($122M).

In 2022, the countries that had a largest trade value in imports than in exports of Aqueous Paints were Canada ($488M), Mexico ($196M), Poland ($187M), China ($142M), and Czechia ($117M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Aqueous Paints, disaggragated by their HS6 level were Acrylic & vinyl polymer based paint,... ($4.25B) and Polymer based paints & varnishes nes,... ($3.21B)

HS6 Disaggregation for Aqueous Paints (2022)
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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 (2022)

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 (2022)

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