NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

Tanning or dyeing extracts; tannins and their derivatives; dyes, pigments and other colouring matter; paints, varnishes; putty, other mastics; inks

32 (Harmonized System 1992 for 2-digit)

2023
World Trade $85.2BRnk 43 / 96
2023
Top Exporter | Top Importer $11.9B | $5.65BGermany | Germany
2023
Product Complexity 1.15Rnk 14 / 96
2022 - 2023
Export Growth (CAGR) -9.64%Rnk 65 / 96
2023
Share of World Trade 0.38%Rnk 43 / 96

About

Overview This page contains the latest trade data of Paints, dyes, & varnishes. In 2023, Paints, dyes, & varnishes were the world's 43rd most traded product, with a total trade of $85.2B. Between 2022 and 2023 the exports of Paints, dyes, & varnishes decreased by -9.64%, from $94.3B to $85.2B. Trade in Paints, dyes, & varnishes represent 0.38% of total world trade.

Paints, dyes, & varnishes are a part of Chemical Products. They include Synthetic Coloring Matter, Nonaqueous Paints, Other Coloring Matter, Ink, Glaziers Putty, Aqueous Paints, Prepared Pigments, Nonaqueous Pigments, Vegetable or Animal Dyes, and Other Paints, among others.

Exports In 2023 the top exporters of Paints, dyes, & varnishes  were Germany ($11.9B), China ($10.4B), United States ($7.91B), Japan ($4.73B), and Netherlands ($3.87B).

Imports In 2023 the top importers of Paints, dyes, & varnishes were Germany ($5.65B), United States ($4.95B), China ($4.68B), France ($3.95B), and Netherlands ($3.05B).

Ranking Paints, dyes, & varnishes ranks 14th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

View
Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Paints, dyes, & varnishes. Countries are shown based on data availability.

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

Explore Latest Trends

* 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Exporters and Importers

Top Origin (2023)Germany$11.9B
Top Destination (2023)Germany$5.65B

In 2023 Paints, dyes, & varnishes were the world's 43rd most traded product (out of 96).

In 2023, the top exporters of Paints, dyes, & varnishes were Germany ($11.9B), China ($10.4B), United States ($7.91B), Japan ($4.73B), and Netherlands ($3.87B).

In 2023, the top importers of Paints, dyes, & varnishes were Germany ($5.65B), United States ($4.95B), China ($4.68B), France ($3.95B), and Netherlands ($3.05B).

Explore Visualizations

Exporters of Paints, dyes, & varnishes (2023)
[Click to Select a Country]

Importers of Paints, dyes, & varnishes (2023)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2022 -  2023)Turkey$40M
Top Destination Growth (2022 -  2023)Ukraine$96.3M

Between 2022 and 2023, the exports of Paints, dyes, & varnishes grew the fastest in Turkey ($40M), Ireland ($39.8M), Serbia ($28.8M), Portugal ($25.8M), and Peru ($25.7M).

Between 2022 and 2023, the fastest growing importers of Paints, dyes, & varnishes were Ukraine ($96.3M), Belarus ($87.9M), Algeria ($80.2M), Uzbekistan ($38.8M), and Kyrgyzstan ($38.2M).

Explore Visualizations

Exporters of Paints, dyes, & varnishes (2022 - 2023)

Importers of Paints, dyes, & varnishes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Paints, dyes, & varnishes.

In 2023, market concentration measured using Shannon Entropy, was 4.79. This means that most of the exports of Paints, dyes, & varnishes are explained by 27 countries.

Explore Visualizations

Value of Exports in Paints, dyes, & varnishes

Net Trade

TOP NET EXPORTER (2023)Germany$6.22B
TOP NET IMPORTER (2023)Mexico$1.44B

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

In 2023, the countries that had a largest trade value in exports than in imports of Paints, dyes, & varnishes were Germany ($6.22B), China ($5.75B), Japan ($3.46B), United States ($2.96B), and Spain ($1.16B).

In 2023, the countries that had a largest trade value in imports than in exports of Paints, dyes, & varnishes were Mexico ($1.44B), Canada ($1.29B), Turkey ($1.08B), Vietnam ($1.05B), and Brazil ($895M).

Net Trade (2023)

Disaggregation

Value
Disaggregation

In 2023, the world most traded Paints, dyes, & varnishes, disaggragated by their HS6 level were Nonaqueous Paints ($16.3B), Other Coloring Matter ($14.2B), Ink ($12.3B), Synthetic Coloring Matter ($12B), and Glaziers Putty ($11B)

HS6 Disaggregation for Paints, dyes, & varnishes (2023)
[Click to Select]

Country Comparison

Flow
Measure
Ranking

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

Top 10 Exporters Countries of Paints, dyes, & varnishes by percentage of total exports

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $146M
TOP IMPORT POTENTIALChina+ $185M

Paints, dyes, & varnishes’s highest export potential is China. With an export gap of $146M.  Paints, dyes, & varnishes’s highest import potential is China with an import gap of $185M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

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)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms