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2023
Exports $154kWorld Rnk 68 / 125
Flag Rnk 1119 / 1209
2023
Destination $17.1k India
2022 - 2023
FASTEST GROWING MARKET $17.1kSingapore
2023
PRODUCT COMPLEXITY IN Bitumen and asphalt-0.77Rnk 776 / 1025
2023
Imports $1.63MWorld Rnk 57 / 188
Flag Rnk 1132 / 1209
2023
Origin $47.9k United States
2022 - 2023
FASTEST GROWING ORIGIN $47.9kNetherlands
2023
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 132

About

Exports In 2023, Japan exported $154k in Bitumen and asphalt, making it the 68th largest exporter of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 1119th most exported product in Japan. The main destination of Bitumen and asphalt exports from Japan are: India ($103k), Thailand ($23.1k), Singapore ($17.1k), Indonesia ($8.5k), and Burkina Faso ($1.97k).

The fastest growing export markets for Bitumen and asphalt of Japan between 2022 and 2023 were Singapore ($17.1k), India ($13.8k), and Burkina Faso ($1.97k).

Imports In 2023, Japan imported $1.63M in Bitumen and asphalt, becoming the 57th largest importer of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 1132nd most imported product in Japan. Japan imports Bitumen and asphalt primarily from: United States ($1.04M), United Arab Emirates ($225k), China ($114k), Iran ($67.3k), and Netherlands ($47.9k).

The fastest growing import markets in Bitumen and asphalt for Japan between 2022 and 2023 were Netherlands ($47.9k), Singapore ($26.8k), and China ($24.2k).

Latest Trends

November 2024

About

Overview In November 2024 Japan's Bitumen and asphalt exports accounted up to ¥362k and imports accounted up to ¥8.11M, resulting in a negative trade balance of ¥7.74M. Between April 2020 and November 2024 the exports of Japan's   Bitumen and asphalt have increased by ¥362k (N/A%) from ¥0 to ¥362k, while imports decreased by ¥-4.06M (-33.4%) from ¥12.2M to ¥8.11M.

Destinations In November 2024, Bitumen and asphalt were exported mostly to Singapore (¥362k), and were imported mostly from United States (¥5.78M) and Trinidad and Tobago (¥2.33M).

Growth In November 2024, the increase in Bitumen and asphalt's year-by-year exports was explained primarily by an increase in exports to . In November 2024, the decrease in Bitumen and asphalt's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (April 2020 - November 2024)¥362k(N/A%)
IMPORT GROWTH (September 2023 - November 2024)¥-4.06M(-33.4%)
MAIN EXPORTER (November 2024)Tokyo¥446k
MAIN DESTINATION (November 2024)Singapore¥362k

This section shows Bitumen and asphalt's exports and imports data at subnational level for Japan. 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 (2023)$154k
IMPORTS (2023)$1.63M
NET TRADE (2023)-$1.48M

In 2023, Japan exported $154k in Bitumen and asphalt. The main destinations of Japan exports on Bitumen and asphalt were India ($103k), Thailand ($23.1k), Singapore ($17.1k), Indonesia ($8.5k), and Burkina Faso ($1.97k).

In 2023, Japan imported $1.63M in Bitumen and asphalt, mainly from United States ($1.04M), United Arab Emirates ($225k), China ($114k), Iran ($67.3k), and Netherlands ($47.9k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Bitumen and asphalt EXPORT MARKETS FOR Japan WERE (2022 - 2023):
Singapore$17.1k (1%)
India$13.8k (15.5%)
Burkina Faso$1.97k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bitumen and asphalt BY Japan WERE (2022 - 2023):
Vietnam-$35.6k (-100%)
Brazil-$10.5k (-100%)
Thailand-$6.05k (-20.7%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Japan's main exporting competitors in Bitumen and asphalt were:
United States $131M
Iraq $114M
Bahrain $52.7M
In 2023, Japan's main importing competitors in Bitumen and asphalt were:
United Arab Emirates $140M
France $123M
Uruguay $60.2M

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Trade Value of Bitumen and asphalt by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALVietnam+ $17.6k
TOP IMPORT POTENTIALUnited Arab Emirates+ $195k

Bitumen and asphalt’s highest export potential is Vietnam. With an export gap of $17.6k.   Bitumen and asphalt’s highest import potential is United Arab Emirates with an import gap of $195k.

See methodology.

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