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2022
Exports $136MWorld Rnk 3 / 131
Flag Rnk 680 / 1217
2022
Destination $20.5M Chile
2021 - 2022
FASTEST GROWING MARKET $20.5MNew Zealand
2022
PRODUCT COMPLEXITY IN Asphalt Mixtures-1.14Rnk 867 / 1025
2022
Imports $192MWorld Rnk 4 / 210
Flag Rnk 762 / 1216
2022
Origin $39.7M Canada
2021 - 2022
FASTEST GROWING ORIGIN $39.7MCanada
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $136M in Asphalt Mixtures, making it the 3rd largest exporter of Asphalt Mixtures in the world. At the same year, Asphalt Mixtures was the 680th most exported product in United States. The main destination of Asphalt Mixtures exports from United States are: Chile ($30.9M), Canada ($30M), New Zealand ($22M), Mexico ($4.47M), and China ($3.53M).

The fastest growing export markets for Asphalt Mixtures of United States between 2021 and 2022 were New Zealand ($20.5M), Canada ($4.34M), and Argentina ($1.44M).

Imports In 2022, United States imported $192M in Asphalt Mixtures, becoming the 4th largest importer of Asphalt Mixtures in the world. At the same year, Asphalt Mixtures was the 762nd most imported product in United States. United States imports Asphalt Mixtures primarily from: Canada ($145M), Japan ($10.4M), Belgium ($6.88M), Spain ($6.51M), and India ($5.39M).

The fastest growing import markets in Asphalt Mixtures for United States between 2021 and 2022 were Canada ($39.7M), Japan ($10.3M), and Spain ($4.59M).

COMPANIES In 2023, leading companies such as Prime Line Coffee (22) were at the forefront of shipping Asphalt Mixtures to the United States.

Latest Trends

September 2024

About

Overview In September 2024 United States' Asphalt Mixtures exports accounted up to $8.77M and imports accounted up to $24M, resulting in a negative trade balance of $15.3M. Between September 2023 and September 2024 the exports of United States'   Asphalt Mixtures have increased by $1.61M (22.5%) from $7.16M to $8.77M, while imports increased by $6.54M (37.4%) from $17.5M to $24M.

Destinations In September 2024, Asphalt Mixtures were exported mostly to Canada ($3.62M), China ($669k), Mexico ($392k), Japan ($364k), and Bahamas ($307k), and were imported mostly from Spain ($13.7M), Canada ($8.36M), Serbia ($1.44M), Venezuela ($248k), and Austria ($153k).

Growth In September 2024, the increase in Asphalt Mixtures's year-by-year exports was explained primarily by an increase in exports to Japan ($379k or 386%), Thailand ($274k or 73.6%), and Australia ($203k or 758%). In September 2024, the increase in Asphalt Mixtures's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$1.61M(22.5%)
IMPORT GROWTH (September 2023 - September 2024)$6.54M(37.4%)
MAIN EXPORTER (September 2024)Ohio$2.38M
MAIN DESTINATION (September 2024)Canada$3.62M

This section shows Asphalt Mixtures's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Asphalt Mixtures over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$136M
IMPORTS (2022)$192M
NET TRADE (2022)-$56.4M

In 2022, United States exported $136M in Asphalt Mixtures. The main destinations of United States exports on Asphalt Mixtures were Chile ($30.9M), Canada ($30M), New Zealand ($22M), Mexico ($4.47M), and China ($3.53M).

In 2022, United States imported $192M in Asphalt Mixtures, mainly from Canada ($145M), Japan ($10.4M), Belgium ($6.88M), Spain ($6.51M), and India ($5.39M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Asphalt Mixtures EXPORT MARKETS FOR United States WERE (2021 - 2022):
New Zealand$20.5M (1.39k%)
Canada$4.34M (16.9%)
Argentina$1.44M (5.06k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Asphalt Mixtures BY United States WERE (2021 - 2022):
Chile-$3.1M (-9.11%)
Saint Helena-$2.86M (-100%)
Japan-$1.52M (-48.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Asphalt Mixtures were:
Japan $836M
Canada $150M
In 2022, United States's main importing competitors in Asphalt Mixtures were:
United Kingdom $388M
China $206M
Malaysia $199M

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Trade Value of Asphalt Mixtures by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $2.86M
TOP IMPORT POTENTIALJapan+ $5.79M

Asphalt Mixtures’s highest export potential is China. With an export gap of $2.86M.   Asphalt Mixtures’s highest import potential is Japan with an import gap of $5.79M.

See methodology.

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