Polishes, creams, scouring pastes, powders and similar; in any form, (including articles impregnated, coated or covered with such), for furniture, footwear, floors, coachwork, glass or metal

3405 (Harmonized System 1992 for 4-digit)

About

Overview This page contains the latest trade data of Polishes and Creams. In 2022, Polishes and Creams were the world's 707th most traded product, with a total trade of $2.7B. Between 2021 and 2022 the exports of Polishes and Creams decreased by -0.59%, from $2.72B to $2.7B. Trade in Polishes and Creams represent 0.011% of total world trade.

Polishes and Creams are a part of Soap, cleaners, candles, dental, modelling pastes. They include Polishes, creams and similar preparations, nes, Scouring pastes and powders and other scouring preps, Polishes, creams etc. for footwear or leather, Polishes etc. for coachwork, except metal polishes, and Polishes, creams etc. for maintenance of woodwork.

Exports In 2022 the top exporters of Polishes and Creams  were United States ($544M), Japan ($461M), Germany ($236M), China ($158M), and Chinese Taipei ($148M).

Imports In 2022 the top importers of Polishes and Creams were China ($346M), Chinese Taipei ($244M), South Korea ($192M), Germany ($135M), and United States ($124M).

Ranking Polishes and Creams ranks 508th in the Product Complexity Index (PCI).

Description Shoe polish is used to make leather shoes look shiny and new. Furniture waxes are used to protect wood furniture. Floor waxes are used to make the floor look clean and shiny. Polishes and creams for coachwork, glass or metal are used to make the surface of these materials look shiny and new. Scouring pastes and powders are used to clean surfaces like dishes, pans, and metal.

Latest Data

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The following visualization shows the latest trends on Polishes and Creams. 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 (2022)United States$544M
Top Destination (2022)China$346M

In 2022 Polishes and Creams were the world's 707th most traded product (out of 1,218).

In 2022, the top exporters of Polishes and Creams were United States ($544M), Japan ($461M), Germany ($236M), China ($158M), and Chinese Taipei ($148M).

In 2022, the top importers of Polishes and Creams were China ($346M), Chinese Taipei ($244M), South Korea ($192M), Germany ($135M), and United States ($124M).

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Exporters of Polishes and Creams (2022)
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Importers of Polishes and Creams (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$35.9M
Top Destination Growth (2021 -  2022)China$31.5M

Between 2021 and 2022, the exports of Polishes and Creams grew the fastest in United States ($35.9M), Chinese Taipei ($16.3M), Bulgaria ($10.2M), China ($8.39M), and Hungary ($7M).

Between 2021 and 2022, the fastest growing importers of Polishes and Creams were China ($31.5M), Italy ($12.1M), United States ($8.49M), Chinese Taipei ($6.92M), and Israel ($6.62M).

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Exporters of Polishes and Creams (2021 - 2022)

Importers of Polishes and Creams (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Polishes and Creams.

In 2022, market concentration measured using Shannon Entropy, was 4.27. This means that most of the exports of Polishes and Creams are explained by 19 countries.

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Value of Exports in Polishes and Creams

Net Trade

TOP NET EXPORTER (2022)United States$421M
TOP NET IMPORTER (2022)China$188M

This map shows which countries export or import more of Polishes and Creams. Each country is colored based on the difference in exports and imports of Polishes and Creams during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Polishes and Creams were United States ($421M), Japan ($408M), Germany ($102M), Netherlands ($62.1M), and Turkey ($41.5M).

In 2022, the countries that had a largest trade value in imports than in exports of Polishes and Creams were China ($188M), Chinese Taipei ($95.6M), Singapore ($90.5M), Canada ($52.7M), and South Korea ($47.7M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Polishes and Creams, disaggragated by their HS6 level were Polishes, creams and similar preparations, nes ($1.17B), Scouring pastes and powders and other... ($604M), Polishes etc. for coachwork, except metal... ($412M), Polishes, creams etc. for footwear or... ($340M), and Polishes, creams etc. for maintenance of... ($168M)

HS6 Disaggregation for Polishes and Creams (2022)
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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 Polishes and Creams.
It is possible to select the main countries that export or import Polishes and Creams in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Polishes and Creams by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $10.4M
TOP IMPORT POTENTIALChina+ $2.39M

Polishes and Creams’s highest export potential is China. With an export gap of $10.4M.  Polishes and Creams’s highest import potential is China with an import gap of $2.39M.

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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 (2022)

Country by Relatedness

The following visualization shows the relatedness of Polishes and Creams to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2022)

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