2022
Exports
$8.47MWorld Rnk 23 / 131
Flag Rnk 587 / 1194
2022
PRODUCT COMPLEXITY IN Bitumen and asphalt
-0.98Rnk 835 / 1025
2022
Imports
$2.01MWorld Rnk 48 / 189
Flag Rnk 1011 / 1206
2022
ECONOMIC COMPLEXITY of Indonesia
-0.012Rnk 67 / 133

About

Exports In 2022, Indonesia exported $8.47M in Bitumen and asphalt, making it the 23rd largest exporter of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 587th most exported product in Indonesia. The main destination of Bitumen and asphalt exports from Indonesia are: China ($3.58M), Vietnam ($2.93M), Singapore ($1.62M), Timor-Leste ($333k), and Nigeria ($2.92k).

The fastest growing export markets for Bitumen and asphalt of Indonesia between 2021 and 2022 were Vietnam ($2.93M), China ($1.88M), and Singapore ($1.58M).

Imports In 2022, Indonesia imported $2.01M in Bitumen and asphalt, becoming the 48th largest importer of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 1011th most imported product in Indonesia. Indonesia imports Bitumen and asphalt primarily from: Malaysia ($825k), Singapore ($445k), United States ($289k), Thailand ($277k), and India ($87.1k).

The fastest growing import markets in Bitumen and asphalt for Indonesia between 2021 and 2022 were Singapore ($346k), India ($87.1k), and United States ($55.5k).

Historical Data

Trade Balance

Color
EXPORTS (2022)$8.47M
IMPORTS (2022)$2.01M
NET TRADE (2022)$6.46M

In 2022, Indonesia exported $8.47M in Bitumen and asphalt. The main destinations of Indonesia exports on Bitumen and asphalt were China ($3.58M), Vietnam ($2.93M), Singapore ($1.62M), Timor-Leste ($333k), and Nigeria ($2.92k).

In 2022, Indonesia imported $2.01M in Bitumen and asphalt, mainly from Malaysia ($825k), Singapore ($445k), United States ($289k), Thailand ($277k), and India ($87.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bitumen and asphalt EXPORT MARKETS FOR Indonesia WERE (2021 - 2022):
Vietnam$2.93M (1%)
China$1.88M (110%)
Singapore$1.58M (4.69k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bitumen and asphalt BY Indonesia WERE (2021 - 2022):
Solomon Islands-$342 (-100%)
Sri Lanka-$93 (-3.22%)
Austria-$9 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Indonesia's main exporting competitors in Bitumen and asphalt were:
In 2022, Indonesia'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 POTENTIALChina+ $239k
TOP IMPORT POTENTIALUnited States+ $242k

Bitumen and asphalt’s highest export potential is China. With an export gap of $239k.   Bitumen and asphalt’s highest import potential is United States with an import gap of $242k.

See methodology.

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