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Pricing

Paints, varnishes; (enamels and lacquers) based on synthetic polymers or chemically modified natural polymers, dispersed or dissolved in a non-aqueous medium

3208 (Harmonized System 1992 for 4-digit)

2023
World Trade $16.3BRnk 248 / 1217
2023
Top Exporter | Top Importer $2.56B | $1.19BGermany | China
2023
Product Complexity 0.32Rnk 446 / 1044
2022 - 2023
Export Growth (CAGR) -1.49%Rnk 461 / 1217
2023
Share of World Trade 0.072%Rnk 248 / 1217

About

Overview This page contains the latest trade data of Nonaqueous Paints. In 2023, Nonaqueous Paints were the world's 248th most traded product, with a total trade of $16.3B. Between 2022 and 2023 the exports of Nonaqueous Paints decreased by -1.49%, from $16.6B to $16.3B. Trade in Nonaqueous Paints represent 0.072% of total world trade.

Nonaqueous Paints are a part of Paints, dyes, & varnishes. They include Polymer based paint, varnish in non-aqueous medium ne, Acrylic or vinyl polymer paint or varnish, non-aqueou, and Polyester based paints, varnishes, non-aqueous medium.

Exports In 2023 the top exporters of Nonaqueous Paints  were Germany ($2.56B), United States ($1.69B), Japan ($1.31B), Italy ($1.29B), and Netherlands ($767M).

Imports In 2023 the top importers of Nonaqueous Paints were China ($1.19B), United States ($836M), Germany ($773M), Canada ($629M), and Mexico ($597M).

Ranking Nonaqueous Paints ranks 446th in the Product Complexity Index (PCI).

Description Paints and varnishes are made up of a pigment suspended in a medium that is often an oil or a synthetic polymer. Enamels and lacquers are made up of a pigment dispersed in a non-aqueous medium.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Nonaqueous 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$2.56B
Top Destination (2023)China$1.19B

In 2023 Nonaqueous Paints were the world's 248th most traded product (out of 1,217).

In 2023, the top exporters of Nonaqueous Paints were Germany ($2.56B), United States ($1.69B), Japan ($1.31B), Italy ($1.29B), and Netherlands ($767M).

In 2023, the top importers of Nonaqueous Paints were China ($1.19B), United States ($836M), Germany ($773M), Canada ($629M), and Mexico ($597M).

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

Color
Top Origin Growth (2022 -  2023)Netherlands$90.3M
Top Destination Growth (2022 -  2023)Belarus$53.5M

Between 2022 and 2023, the exports of Nonaqueous Paints grew the fastest in Netherlands ($90.3M), Turkey ($51.7M), China ($36.6M), United Kingdom ($30.1M), and Egypt ($29.3M).

Between 2022 and 2023, the fastest growing importers of Nonaqueous Paints were Belarus ($53.5M), China ($51.3M), Turkey ($47.6M), France ($33.8M), and Mexico ($30.8M).

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Exporters of Nonaqueous Paints (2022 - 2023)

Importers of Nonaqueous Paints (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 4.72. This means that most of the exports of Nonaqueous Paints are explained by 26 countries.

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Value of Exports in Nonaqueous Paints

Net Trade

TOP NET EXPORTER (2023)Germany$1.79B
TOP NET IMPORTER (2023)China$515M

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

In 2023, the countries that had a largest trade value in exports than in imports of Nonaqueous Paints were Germany ($1.79B), Japan ($1.13B), Italy ($859M), United States ($851M), and United Kingdom ($362M).

In 2023, the countries that had a largest trade value in imports than in exports of Nonaqueous Paints were China ($515M), Mexico ($477M), Canada ($325M), Czechia ($240M), and Romania ($179M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Nonaqueous Paints, disaggragated by their HS6 level were Polymer based paint, varnish in non-aqueous... ($8.65B), Acrylic or vinyl polymer paint or... ($4.64B), and Polyester based paints, varnishes, non-aqueous medium ($3.03B)

HS6 Disaggregation for Nonaqueous 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 Nonaqueous Paints.
It is possible to select the main countries that export or import Nonaqueous Paints in the world, or by continent, as well as select the measure of interest.

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

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $37M
TOP IMPORT POTENTIALGermany+ $32.8M

Nonaqueous Paints’s highest export potential is China. With an export gap of $37M.  Nonaqueous Paints’s highest import potential is Germany with an import gap of $32.8M.

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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 Nonaqueous Paints.

Country by Relatedness

The following visualization shows the relatedness of Nonaqueous 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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