533 Pigments, paints, varnishes and related materials
After a drop of 16.5 percent in 2009, the value (in current prices) of exports of pigments, paints, varnishes and related materials (SITC group 533)
increased in 2010 and grew further in 2011 by 21.6 percent to reach its peak of 64.1 bln US$ (see tables 1 and 2). Imports showed a similar
development with an increase of 19.0 percent to 60.4 bln US$ in 2011 (see tables 1 and 3). Graph 1 shows that the increase in exports in 2011 for
this product group was greater than both the increase in world exports of chemicals and related products, nes (SITC section 5) of 16.7 percent and
the increase in total world exports of 18.6 percent. Exports of pigments, paints, varnishes and related materials (SITC group 533) accounted for 3.3
percent of world exports of SITC section 5 and 0.4 percent of total world exports in 2011 (see table 1).
Germany, USA and Japan were the three major exporting countries in 2011 (see table 2). They accounted respectively for 15.8, 12.3 and 7.1 percent
of world exports. Top destinations were Germany, China and France (see table 3). By MDG regions (see graph 2), Developed Europe accounted for
a large share of trade in pigments, paints, varnishes and related materials (SITC group 533). Its exports were valued at 34.5 bln US$ while imports
amounted to 25.3 bln US$ resulting in a trade surplus of 9.2 bln US$. Top trade surpluses were also recorded by Developed North America (+4.4
bln US$) and Developed Asia-Pacific (+3.5 bln US$). Significant deficits were recorded by Latin America and the Caribbean (-3.3 bln US$), Southeastern Asia (-2.5 bln US$) and Western Asia (-1.8 bln US$).
Table 1: Imports (Imp.) and exports (Exp.), 1997-2011, in current prices
1997
1998
21.5
21.7
4.0
4.3
0.4
0.4
Values in Bln US$ Imp.
Exp.
As a percentage of Imp.
SITC section (%) Exp.
As a percentage of Imp.
world trade (%) Exp.
1999
22.0
22.5
4.1
4.4
0.4
0.4
2000
23.0
23.3
4.1
4.4
0.4
0.4
2001
24.5
24.8
4.0
4.4
0.4
0.4
2002
24.2
24.3
3.8
4.1
0.4
0.4
26.0
26.2
3.7
4.0
0.4
0.4
Graph 1: Annual growth rates of exports, 1997−2011
2003
2004
30.0
30.5
3.6
3.9
0.4
0.4
35.0
35.9
3.5
3.7
0.4
0.4
2005
2006
38.1
39.0
3.3
3.6
0.4
0.4
SITC, Section 5
25%
Country or area
20%
World....................................
Germany................................
USA.......................................
Japan....................................
Belgium.................................
United Kingdom....................
China.....................................
Italy.......................................
Netherlands..........................
France...................................
Spain.....................................
Switzerland...........................
Belarus..................................
Rep. of Korea........................
Other Asia, nes.....................
China, Hong Kong SAR.........
10%
5%
0%
−5%
−10%
−15%
−20%
Trade balance
World....................................
Germany................................
China.....................................
France...................................
USA.......................................
Russian Federation...............
Italy.......................................
Canada..................................
Belgium.................................
United Kingdom....................
Netherlands..........................
Rep. of Korea........................
Poland...................................
Other Asia, nes.....................
Spain.....................................
Mexico..................................
Developed Europe
Developed N. America
South−eastern Europe
CIS
Northern Africa
Sub−Saharan Africa
Latin Am, Caribbean
Eastern Asia
Southern Asia
South−eastern Asia
Western Asia
30
35
20
25
5
10
15
Oceania
0
2010
50.8
52.7
2.9
3.2
0.3
0.4
2011
60.4
64.1
2.9
3.3
0.3
0.4
Avg.
Growth Growth World share %
(%)
(%)
(million US$) 07-11 10-11
Cum.
64 112.0
10 144.5
7 902.2
4 541.4
3 957.4
3 019.5
2 844.9
2 676.7
2 595.5
2 451.7
2 114.9
1 722.1
1 629.4
1 406.5
1 367.2
1 129.6
6.8
3.4
11.5
10.0
3.0
3.7
16.9
1.7
2.1
-1.4
2.1
6.3
153.0
12.6
11.2
12.6
21.6 100.0
16.0 15.8
18.3 12.3
12.2
7.1
12.4
6.2
17.4
4.7
52.7
4.4
12.6
4.2
17.2
4.0
18.8
3.8
15.2
3.3
27.1
2.7
738.9
2.5
23.1
2.2
13.0
2.1
38.6
1.8
15.8
28.1
35.2
41.4
46.1
50.6
54.7
58.8
62.6
65.9
68.6
71.1
73.3
75.5
77.2
Avg.
Growth Growth World share %
(%)
(%)
(million US$) 07-11 10-11
Cum.
Value
Country or area
Developed Asia−Pacific
−3
0
−2
5
−2
0
−1
5
−1
0
−5
43.8
44.8
3.0
3.2
0.4
0.4
11
10
(Bln US$)
Exports
2009
Table 3: Top importing countries or areas in 2011
Graph 2: Trade Balance by MDG regions 2011
Imports
52.0
53.7
3.0
3.2
0.3
0.3
20
09
20
08
20
07
20
06
20
05
20
04
20
03
20
02
20
01
20
00
20
99
20
98
19
19
19
97
−25%
2008
Value
Total
15%
48.1
49.3
3.2
3.4
0.3
0.4
Table 2: Top exporting countries or areas in 2011
(In percentage by year)
SITC code 533
2007
42.3
43.7
3.3
3.6
0.3
0.4
Source: UN Comtrade
60 421.6
4 484.7
3 552.9
2 783.2
2 467.9
2 246.0
2 048.7
1 882.6
1 794.5
1 727.4
1 720.3
1 659.7
1 555.8
1 473.0
1 427.4
1 403.2
5.9
8.2
5.1
4.0
1.6
8.1
2.0
4.0
1.0
-3.3
7.4
7.4
2.6
12.4
-2.2
5.8
19.0 100.0
29.3
7.4
3.5
5.9
20.5
4.6
14.5
4.1
22.0
3.7
17.7
3.4
9.4
3.1
22.4
3.0
8.2
2.9
34.8
2.8
19.2
2.7
23.0
2.6
13.9
2.4
12.5
2.4
20.7
2.3
7.4
13.3
17.9
22.0
25.7
29.1
32.2
35.2
38.0
40.9
43.6
46.2
48.7
51.0
53.3