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Driers; prepared

3211 (Harmonized System 1992 for 4-digit)

2023
World Trade $238MRnk 1123 / 1217
2023
Top Exporter | Top Importer $24.8M | $21.4MIndia | China
2022 - 2023
Export Growth (CAGR) -8.33%Rnk 688 / 1217
2023
Share of World Trade 0.0011%Rnk 1123 / 1217

About

Overview This page contains the latest trade data of Prepared Paint Driers. In 2023, Prepared Paint Driers were the world's 1123rd most traded product, with a total trade of $238M. Between 2022 and 2023 the exports of Prepared Paint Driers decreased by -8.33%, from $260M to $238M. Trade in Prepared Paint Driers represent 0.0011% of total world trade.

Prepared Paint Driers are a part of Paints, dyes, & varnishes. They include Prepared driers.

Exports In 2023 the top exporters of Prepared Paint Driers  were India ($24.8M), Belgium ($21.9M), Turkey ($18.6M), Spain ($18M), and France ($17.1M).

Imports In 2023 the top importers of Prepared Paint Driers were China ($21.4M), United States ($18.9M), Germany ($15.1M), Saudi Arabia ($8.91M), and Netherlands ($8.39M).

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Prepared Paint Driers. 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)India$24.8M
Top Destination (2023)China$21.4M

In 2023 Prepared Paint Driers were the world's 1123rd most traded product (out of 1,217).

In 2023, the top exporters of Prepared Paint Driers were India ($24.8M), Belgium ($21.9M), Turkey ($18.6M), Spain ($18M), and France ($17.1M).

In 2023, the top importers of Prepared Paint Driers were China ($21.4M), United States ($18.9M), Germany ($15.1M), Saudi Arabia ($8.91M), and Netherlands ($8.39M).

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Exporters of Prepared Paint Driers (2023)
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Importers of Prepared Paint Driers (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)India$5.5M
Top Destination Growth (2022 -  2023)China$5.13M

Between 2022 and 2023, the exports of Prepared Paint Driers grew the fastest in India ($5.5M), South Korea ($3.51M), China ($2.72M), Vietnam ($1.25M), and Canada ($1.07M).

Between 2022 and 2023, the fastest growing importers of Prepared Paint Driers were China ($5.13M), Russia ($1.77M), Hong Kong ($1.59M), United Arab Emirates ($1.35M), and Liberia ($1.05M).

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Exporters of Prepared Paint Driers (2022 - 2023)

Importers of Prepared Paint Driers (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Prepared Paint Driers.

In 2023, market concentration measured using Shannon Entropy, was 4.5. This means that most of the exports of Prepared Paint Driers are explained by 22 countries.

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Value of Exports in Prepared Paint Driers

Net Trade

TOP NET EXPORTER (2023)India$21.5M
TOP NET IMPORTER (2023)United States$9.03M

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

In 2023, the countries that had a largest trade value in exports than in imports of Prepared Paint Driers were India ($21.5M), Belgium ($20M), Turkey ($16.5M), Thailand ($12.9M), and Spain ($11.8M).

In 2023, the countries that had a largest trade value in imports than in exports of Prepared Paint Driers were United States ($9.03M), Saudi Arabia ($7.69M), Indonesia ($7.54M), Mexico ($6.66M), and Russia ($6.1M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Prepared Paint Driers by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALGermany+ $228k
TOP IMPORT POTENTIALFrance+ $219k

Prepared Paint Driers’s highest export potential is Germany. With an export gap of $228k.  Prepared Paint Driers’s highest import potential is France with an import gap of $219k.

See methodology.

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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)

Country by Relatedness

The following visualization shows the relatedness of Prepared Paint Driers 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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