2023
Exports
$4.91MWorld Rnk 36 / 134
Flag Rnk 53 / 650
2023
PRODUCT COMPLEXITY IN Asphalt
0.036Rnk 546 / 1025
2023
Imports
$59.7kWorld Rnk 191 / 213
Flag Rnk 863 / 1041
2023
ECONOMIC COMPLEXITY of Venezuela
-0.82Rnk 100 / 132

About

Exports In 2023, Venezuela exported $4.91M in Asphalt, making it the 36th largest exporter of Asphalt in the world. At the same year, Asphalt was the 53rd most exported product in Venezuela. The main destination of Asphalt exports from Venezuela are: United States ($2.75M), Colombia ($1.42M), Peru ($451k), Dominican Republic ($200k), and Costa Rica ($67.2k).

The fastest growing export markets for Asphalt of Venezuela between 2022 and 2023 were Peru ($269k), United States ($93.1k), and Costa Rica ($46.7k).

Imports In 2023, Venezuela imported $59.7k in Asphalt, becoming the 191st largest importer of Asphalt in the world. At the same year, Asphalt was the 863rd most imported product in Venezuela. Venezuela imports Asphalt primarily from: Colombia ($41.1k), China ($16.3k), Spain ($1.96k), and Brazil ($415).

The fastest growing import markets in Asphalt for Venezuela between 2022 and 2023 were Colombia ($41.1k), China ($16.3k), and Spain ($1.96k).

Latest Trends

Jan 2025

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 (2023)$4.91M
IMPORTS (2023)$59.7k
NET TRADE (2023)$4.85M

In 2023, Venezuela exported $4.91M in Asphalt. The main destinations of Venezuela exports on Asphalt were United States ($2.75M), Colombia ($1.42M), Peru ($451k), Dominican Republic ($200k), and Costa Rica ($67.2k).

In 2023, Venezuela imported $59.7k in Asphalt, mainly from Colombia ($41.1k), China ($16.3k), Spain ($1.96k), and Brazil ($415).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Asphalt EXPORT MARKETS FOR Venezuela WERE (2022 - 2023):
Peru$269k (148%)
United States$93.1k (3.51%)
Costa Rica$46.7k (228%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Asphalt BY Venezuela WERE (2022 - 2023):
Cuba-$634k (-100%)
Colombia-$524k (-26.9%)
Dominican Republic-$209k (-51.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Venezuela's main exporting competitors in Asphalt were:
In 2023, Venezuela's main importing competitors in Asphalt were:

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Trade Value of Asphalt by Exporters

Potential Exports

Potential Exports

Flow
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N/A
N/AN/A
N/AN/A

Asphalt’s highest export potential is N/A. With an export gap of N/A.   Asphalt’s highest import potential is N/A with an import gap of N/A.

See methodology.

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