2022
Exports
$3.61MWorld Rnk 39 / 135
Flag Rnk 991 / 1212
2022
PRODUCT COMPLEXITY IN Asphalt
-0.09Rnk 576 / 1025
2022
Imports
$17.4MWorld Rnk 30 / 213
Flag Rnk 784 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $3.61M in Asphalt, making it the 39th largest exporter of Asphalt in the world. At the same year, Asphalt was the 991st most exported product in India. The main destination of Asphalt exports from India are: United States ($1.33M), Bangladesh ($549k), United Kingdom ($438k), Malaysia ($395k), and Nepal ($182k).

The fastest growing export markets for Asphalt of India between 2021 and 2022 were United States ($641k), United Kingdom ($431k), and Bangladesh ($353k).

Imports In 2022, India imported $17.4M in Asphalt, becoming the 30th largest importer of Asphalt in the world. At the same year, Asphalt was the 784th most imported product in India. India imports Asphalt primarily from: Canada ($3.89M), Russia ($3.17M), United States ($2.54M), China ($2.11M), and Egypt ($1.91M).

The fastest growing import markets in Asphalt for India between 2021 and 2022 were Canada ($2.36M), China ($655k), and Belgium ($486k).

Latest Trends

Sep 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Asphalt. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.61M
IMPORTS (2022)$17.4M
NET TRADE (2022)-$13.8M

In 2022, India exported $3.61M in Asphalt. The main destinations of India exports on Asphalt were United States ($1.33M), Bangladesh ($549k), United Kingdom ($438k), Malaysia ($395k), and Nepal ($182k).

In 2022, India imported $17.4M in Asphalt, mainly from Canada ($3.89M), Russia ($3.17M), United States ($2.54M), China ($2.11M), and Egypt ($1.91M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Asphalt EXPORT MARKETS FOR India WERE (2021 - 2022):
United States$641k (92.9%)
United Kingdom$431k (6.75k%)
Bangladesh$353k (181%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Asphalt BY India WERE (2021 - 2022):
United Arab Emirates-$196k (-73.5%)
Nigeria-$139k (-99.7%)
Yemen-$124k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Asphalt were:
In 2022, India's main importing competitors in Asphalt were:

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Trade Value of Asphalt by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.1M
TOP IMPORT POTENTIALUnited States+ $2.06M

Asphalt’s highest export potential is United States. With an export gap of $1.1M.   Asphalt’s highest import potential is United States with an import gap of $2.06M.

See methodology.

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