# Dyes, paints and varnishes (HS2 32) Sector Trade Overview | Yugalinks

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Dyes, paints and varnishes at HS2 32, with reported global trade through 2024.

Canonical: https://www.yugalinks.com/trade/sector/hs2/32

## Answer

The dyes, paints and varnishes sector recorded $87.8B in reported global trade in 2024, with +1.5% annual change.

## Key figures

| Measure | Value |
| --- | --- |
| Latest reported trade | $87.8B |
| Latest annual change | +1.5% |
| Active exporters | 199 |
| Active importers | 200 |
| Active HS6 products | 44 |

## Annual trend

| Year | Global trade | Corridors | HS6 products |
| --- | ---: | ---: | ---: |
| 1995 | $28.1B | 6,399 | 44 |
| 1996 | $29.1B | 6,648 | 44 |
| 1997 | $31.1B | 6,620 | 44 |
| 1998 | $30.7B | 6,959 | 44 |
| 1999 | $34.3B | 7,396 | 44 |
| 2000 | $36.3B | 8,289 | 44 |
| 2001 | $34.7B | 8,465 | 44 |
| 2002 | $37.3B | 8,849 | 44 |
| 2003 | $42.9B | 8,974 | 44 |
| 2004 | $48.9B | 9,141 | 44 |
| 2005 | $51.7B | 9,348 | 44 |
| 2006 | $57.1B | 9,717 | 44 |
| 2007 | $64.2B | 9,900 | 44 |
| 2008 | $68.2B | 10,017 | 44 |
| 2009 | $58.1B | 10,097 | 44 |
| 2010 | $68.9B | 10,178 | 44 |
| 2011 | $79.9B | 10,306 | 44 |
| 2012 | $77.6B | 10,473 | 44 |
| 2013 | $79.4B | 10,482 | 44 |
| 2014 | $81.6B | 10,696 | 44 |
| 2015 | $72.7B | 10,839 | 44 |
| 2016 | $72.8B | 10,919 | 44 |
| 2017 | $78.7B | 10,979 | 44 |
| 2018 | $84.6B | 11,177 | 44 |
| 2019 | $80.9B | 11,074 | 44 |
| 2020 | $78.1B | 10,919 | 44 |
| 2021 | $93.4B | 11,222 | 44 |
| 2022 | $92.4B | 11,305 | 44 |
| 2023 | $85.6B | 11,334 | 44 |
| 2024 | $87.8B | 11,234 | 44 |

## Growth and market structure

- Trend: Stable
- Three-year CAGR: -2%
- Five-year CAGR: +1.7%
- Historical peak: $93.4B in 2,021
- Positive-growth years: 69%
- Exporter concentration HHI: 1,405.1
- Importer concentration HHI: 512.9
- Trade volatility coefficient: 0.3

## Leading corridors

| Rank | Exporter | Importer | Trade value | Growth | HS6 products | Distance | FTA |
| ---: | --- | --- | ---: | ---: | ---: | ---: | --- |
| 1 | USA, Puerto Rico and US Virgin Islands | Canada | $2.2B | +1.3% | 44 | 556 km | Yes |
| 2 | USA, Puerto Rico and US Virgin Islands | Mexico | $1.7B | +2.3% | 44 | 3,359 km | Yes |
| 3 | Japan | China | $1.4B | -5.5% | 42 | 1,763 km | No |
| 4 | Canada | USA, Puerto Rico and US Virgin Islands | $1.1B | +0.7% | 43 | 556 km | Yes |
| 5 | China | India | $1.1B | +7.9% | 44 | 4,252 km | No |
| 6 | Republic of Korea | China | $1.0B | -0.5% | 42 | 867 km | Yes |
| 7 | Germany | France | $919.5M | -7.9% | 44 | 881 km | Yes |
| 8 | Germany | Italy | $851.9M | -4.4% | 43 | 1,184 km | Yes |
| 9 | Germany | Netherlands | $818.6M | -9.1% | 44 | 579 km | Yes |
| 10 | Germany | Poland | $807.9M | -0.8% | 44 | 518 km | Yes |

## Leading exporters

| Rank | Country | Exports | Partners | HS6 products |
| ---: | --- | ---: | ---: | ---: |
| 1 | Germany | $11.9B | 187 | 44 |
| 2 | China | $11.2B | 198 | 44 |
| 3 | USA, Puerto Rico and US Virgin Islands | $8.1B | 182 | 44 |
| 4 | Japan | $5.1B | 162 | 44 |
| 5 | Netherlands | $4.2B | 184 | 44 |
| 6 | India | $4.1B | 187 | 44 |
| 7 | Italy | $3.5B | 177 | 44 |
| 8 | France | $3.4B | 184 | 44 |
| 9 | United Kingdom | $3.3B | 186 | 44 |
| 10 | Spain | $3.2B | 179 | 44 |

## Leading importers

| Rank | Country | Imports | Partners | HS6 products |
| ---: | --- | ---: | ---: | ---: |
| 1 | Germany | $5.5B | 120 | 44 |
| 2 | USA, Puerto Rico and US Virgin Islands | $5.3B | 124 | 44 |
| 3 | China | $5.2B | 97 | 44 |
| 4 | France | $3.6B | 127 | 44 |
| 5 | Italy | $3.0B | 91 | 44 |
| 6 | Mexico | $2.9B | 71 | 44 |
| 7 | Netherlands | $2.7B | 120 | 44 |
| 8 | Canada | $2.7B | 120 | 44 |
| 9 | India | $2.7B | 98 | 44 |
| 10 | Belgium | $2.5B | 92 | 44 |

## HS6 products

- Tanning extracts of vegetable origin: quebracho extract (HS6 320110)
- Tanning extracts of vegetable origin: wattle extract (HS6 320120)
- Tanning extracts of vegetable origin: oak or chestnut extract (HS6 320130)
- Tanning extracts of vegetable origin: tannins and their salts, ethers, esters and other derivatives, (excluding quebracho or wattle extract) (HS6 320190)
- Tanning substances: synthetic organic tanning substances (HS6 320210)
- Tanning substances: inorganic tanning substances: tanning preparations, whether or not containing natural tanning substances: enzymatic preparations for pre- tanning (HS6 320290)
- Colouring matter of vegetable or animal origin, including dyeing extracts not animal black, whether or not chemically defined: preparations based on colouring matter of vegetable or animal origin (HS6 320300)
- Dyes: disperse dyes and preparations based thereon (HS6 320411)
- Dyes: acid, whether or not premetallised and preparations based thereon, mordant dyes and preparations based thereon (HS6 320412)
- Dyes: basic dyes and preparations based thereon (HS6 320413)
- Dyes: direct dyes and preparations based thereon (HS6 320414)
- Dyes: vat dyes (including those usable in that state as pigments) and preparations based thereon (HS6 320415)
- Dyes: reactive dyes and preparations based thereon (HS6 320416)
- Dyes: pigments and preparations based thereon (HS6 320417)
- Dyes: carotenoid colouring matters and preparations based thereon (HS6 320418)
- Dyes: n.e.c., including mixtures of colouring matter of two or more of those from item no. 3204.11 to 3204.19 (HS6 320419)
- Dyes: synthetic organic products of a kind used as fluorescent brightening agents (HS6 320420)
- Dyes: synthetic organic products n.e.s. in heading no. 3204 (eg of a kind used as luminophores), whether or not chemically defined (HS6 320490)
- Colour lakes: preparations based on colour lakes as specified in note 3 to this chapter (HS6 320500)
- Colouring matter: pigments and preparations based on titanium dioxide (HS6 320610)
- Colouring matter: pigments and preparations based on titanium dioxide, containing 80% or more by weight of titanium dioxide calculated on the dry matter (HS6 320611)
- Colouring matter: pigments and preparations based on titanium dioxide, containing less than 80% by weight of titanium dioxide calculated on the dry weight (HS6 320619)
- Colouring matter: pigments and preparations based on chromium compounds (HS6 320620)
- Colouring matter: pigments and preparations based on cadmium compounds (HS6 320630)
- Colouring matter: ultramarine and preparations based thereon (HS6 320641)
- Colouring matter: lithopone and other pigments and preparations based on zinc sulphide (HS6 320642)
- Colouring matter: pigments and preparations based on hexacyanoferrates (ferrocyanides and ferricyanides) (HS6 320643)
- Colouring matter: other preparations n.e.c. in item no. 3206.4 (HS6 320649)
- Colouring matter: inorganic products of a kind used as luminophores (HS6 320650)
- Pigments: prepared pigments, opacifiers, colours and similar preparations (HS6 320710)
- Enamels and glazes: vitrifiable enamels and glazes, engobes (slips) and similar preparations (HS6 320720)
- Lustres: liquid lustres and similar preparations (HS6 320730)
- Glass: glass frit and other glass, in the form of powder, granules or flakes (HS6 320740)
- Paints and varnishes: based on polyesters, dispersed or dissolved in a non-aqueous medium (HS6 320810)
- Paints and varnishes: based on acrylic or vinyl polymers, dispersed or dissolved in a non-aqueous medium (HS6 320820)
- Paints and varnishes: based on polymers n.e.s. in heading no. 3208, dispersed or dissolved in a non-aqueous medium (HS6 320890)
- Paints and varnishes: based on acrylic or vinyl polymers, dispersed or dissolved in an aqueous medium (HS6 320910)
- Paints and varnishes: (based on polymers other than acrylic or vinyl), dispersed or dissolved in an aqueous medium (HS6 320990)
- Paints and varnishes: (including enamels, lacquers and distempers), prepared water pigments of a kind used for finishing leather (HS6 321000)
- Driers: prepared (HS6 321100)
- Pigments: of a kind used in the manufacture of paints, stamping foils (HS6 321210)
- Pigments: of a kind used in the manufacture of paints, other than stamping foils (HS6 321290)
- Colours: in sets, of a kind used by artists, students or signboard painters (HS6 321310)
- Colours: (other than in sets), of a kind used by artists, students or signboard painters (HS6 321390)
- Mastics: painters\' fillings (HS6 321410)
- Mastics: n.e.s. in heading no. 3214 (HS6 321490)
- Ink: for printing, black, whether or not concentrated or solid (HS6 321511)
- Ink: for printing, other than black, whether or not concentrated or solid (HS6 321519)
- Ink: writing, drawing and other inks, n.e.c. in heading no. 3215, whether or not concentrated or solid (HS6 321590)

## Definitions and coverage

Merchandise trade observations aggregated to HS2. Growth, concentration, volatility, and peak comparisons calculated from reported observations. Missing values remain unavailable and are not imputed.

Reported observations cover 1995-2024. The data release was refreshed 2026-07-20 09:34:08.

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## Data sources

- Primary trade series: OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-27). [OECD Data Explorer](https://data-explorer.oecd.org/) · [OECD Terms & Conditions](https://www.oecd.org/termsandconditions/)
- CEPII BACI bilateral trade flows (202601): [dataset page](https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37) · [BACI documentation](https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html) · [Etalab 2.0 Open Licence](https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf)

This page presents derived Yugalinks views of reported observations and calculated indicators.