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2022
Exports $70.6MWorld Rnk 3 / 131
Flag Rnk 565 / 1214
2022
Destination $984k France
2021 - 2022
FASTEST GROWING MARKET $984kAngola
2022
PRODUCT COMPLEXITY IN Bitumen and asphalt-0.98Rnk 835 / 1025
2022
Imports $857kWorld Rnk 75 / 189
Flag Rnk 1179 / 1214
2022
Origin $170k Portugal
2021 - 2022
FASTEST GROWING ORIGIN $170kPoland
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $70.6M in Bitumen and asphalt, making it the 3rd largest exporter of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 565th most exported product in Spain. The main destination of Bitumen and asphalt exports from Spain are: France ($65.5M), Portugal ($1.47M), Andorra ($1.04M), Angola ($984k), and Ireland ($714k).

The fastest growing export markets for Bitumen and asphalt of Spain between 2021 and 2022 were Angola ($984k), Mauritania ($499k), and Andorra ($322k).

Imports In 2022, Spain imported $857k in Bitumen and asphalt, becoming the 75th largest importer of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 1179th most imported product in Spain. Spain imports Bitumen and asphalt primarily from: Portugal ($510k), Poland ($170k), Netherlands ($135k), France ($15.8k), and India ($10.7k).

The fastest growing import markets in Bitumen and asphalt for Spain between 2021 and 2022 were Poland ($170k), Portugal ($141k), and Netherlands ($88.5k).

Latest Trends

June 2024

About

Overview In June 2024 Spain's Bitumen and asphalt exports accounted up to €166k and imports accounted up to €977, resulting in a positive trade balance of €165k. Between June 2023 and June 2024 the exports of Spain's   Bitumen and asphalt have decreased by €-1.03M (-86.1%) from €1.2M to €166k, while imports decreased by €-59.1k (-98.4%) from €60.1k to €977.

Destinations In June 2024, Bitumen and asphalt were exported mostly to Andorra (€161k), Germany (€2.04k), Belgium (€1.88k), and France (€1.46k), and were imported mostly from United States (€697), Germany (€149), and China (€132).

Growth In June 2024, the decrease in Bitumen and asphalt's year-by-year exports was explained primarily by a decrease in exports to Ireland (€-58.9k or -64.5%). In June 2024, the decrease in Bitumen and asphalt's year-by-year imports was explained primarily by a decrease in imports from Portugal (€-4.79k or -1.93%) and Germany (€-9.35 or -2.24%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)€-1.03M(-86.1%)
IMPORT GROWTH (June 2023 - June 2024)€-59.1k(-98.4%)
MAIN EXPORTER (June 2024)Madrid€169k
MAIN DESTINATION (June 2024)Andorra€161k

This section shows Bitumen and asphalt's exports and imports data at subnational level for Spain. 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 Bitumen and asphalt over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$70.6M
IMPORTS (2022)$857k
NET TRADE (2022)$69.7M

In 2022, Spain exported $70.6M in Bitumen and asphalt. The main destinations of Spain exports on Bitumen and asphalt were France ($65.5M), Portugal ($1.47M), Andorra ($1.04M), Angola ($984k), and Ireland ($714k).

In 2022, Spain imported $857k in Bitumen and asphalt, mainly from Portugal ($510k), Poland ($170k), Netherlands ($135k), France ($15.8k), and India ($10.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bitumen and asphalt EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Angola$984k (1%)
Mauritania$499k (1%)
Andorra$322k (44.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bitumen and asphalt BY Spain WERE (2021 - 2022):
France-$31.7M (-32.6%)
United States-$10.7M (-100%)
Portugal-$5.29M (-78.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Bitumen and asphalt were:
Turkey $261M
United States $166M
In 2022, Spain's main importing competitors in Bitumen and asphalt were:
Egypt $206M
France $155M
Canada $78.2M

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Trade Value of Bitumen and asphalt by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $52.4k
TOP IMPORT POTENTIALNetherlands+ $30.1k

Bitumen and asphalt’s highest export potential is Netherlands. With an export gap of $52.4k.   Bitumen and asphalt’s highest import potential is Netherlands with an import gap of $30.1k.

See methodology.

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