2022
Exports
$535kWorld Rnk 53 / 131
Flag Rnk 979 / 1208
2022
PRODUCT COMPLEXITY IN Bitumen and asphalt
-0.98Rnk 835 / 1025
2022
Imports
$1.42MWorld Rnk 58 / 189
Flag Rnk 1060 / 1206
2022
ECONOMIC COMPLEXITY of Australia
-0.24Rnk 78 / 133

About

Exports In 2022, Australia exported $535k in Bitumen and asphalt, making it the 53rd largest exporter of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 979th most exported product in Australia. The main destination of Bitumen and asphalt exports from Australia are: New Zealand ($218k), Fiji ($186k), Thailand ($39k), Papua New Guinea ($32.2k), and Georgia ($26.7k).

The fastest growing export markets for Bitumen and asphalt of Australia between 2021 and 2022 were New Zealand ($162k), Fiji ($133k), and Thailand ($38.9k).

Imports In 2022, Australia imported $1.42M in Bitumen and asphalt, becoming the 58th largest importer of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 1060th most imported product in Australia. Australia imports Bitumen and asphalt primarily from: Netherlands ($935k), Switzerland ($248k), United States ($203k), New Zealand ($22.5k), and France ($10.7k).

The fastest growing import markets in Bitumen and asphalt for Australia between 2021 and 2022 were Switzerland ($248k), Netherlands ($140k), and France ($10.7k).

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 Bitumen and 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)$535k
IMPORTS (2022)$1.42M
NET TRADE (2022)-$887k

In 2022, Australia exported $535k in Bitumen and asphalt. The main destinations of Australia exports on Bitumen and asphalt were New Zealand ($218k), Fiji ($186k), Thailand ($39k), Papua New Guinea ($32.2k), and Georgia ($26.7k).

In 2022, Australia imported $1.42M in Bitumen and asphalt, mainly from Netherlands ($935k), Switzerland ($248k), United States ($203k), New Zealand ($22.5k), and France ($10.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bitumen and asphalt EXPORT MARKETS FOR Australia WERE (2021 - 2022):
New Zealand$162k (285%)
Fiji$133k (248%)
Thailand$38.9k (68.3k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bitumen and asphalt BY Australia WERE (2021 - 2022):
Samoa-$132k (-100%)
Kuwait-$30.2k (-100%)
United Arab Emirates-$9.56k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Australia's main exporting competitors in Bitumen and asphalt were:
In 2022, Australia's main importing competitors in Bitumen and asphalt were:
Egypt $206M
Canada $78.2M

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Trade Value of Bitumen and asphalt by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $15.1k
TOP IMPORT POTENTIALUnited States+ $119k

Bitumen and asphalt’s highest export potential is Canada. With an export gap of $15.1k.   Bitumen and asphalt’s highest import potential is United States with an import gap of $119k.

See methodology.

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