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2022
Exports $167kWorld Rnk 67 / 131
Flag Rnk 1130 / 1213
2022
Destination $9.31k India
2021 - 2022
FASTEST GROWING MARKET $9.31kVietnam
2022
PRODUCT COMPLEXITY IN Bitumen and asphalt-0.98Rnk 835 / 1025
2022
Imports $2.47MWorld Rnk 44 / 189
Flag Rnk 1124 / 1214
2022
Origin $700k United States
2021 - 2022
FASTEST GROWING ORIGIN $700kUnited States
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $167k in Bitumen and asphalt, making it the 67th largest exporter of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 1130th most exported product in Japan. The main destination of Bitumen and asphalt exports from Japan are: India ($89.2k), Vietnam ($31.5k), Thailand ($25.9k), Brazil ($9.11k), and Indonesia ($7.5k).

The fastest growing export markets for Bitumen and asphalt of Japan between 2021 and 2022 were Vietnam ($9.31k), Brazil ($9.11k), and Thailand ($4.25k).

Imports In 2022, Japan imported $2.47M in Bitumen and asphalt, becoming the 44th largest importer of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 1124th most imported product in Japan. Japan imports Bitumen and asphalt primarily from: United States ($1.77M), United Arab Emirates ($294k), Iran ($113k), Germany ($92.9k), and Trinidad and Tobago ($87.6k).

The fastest growing import markets in Bitumen and asphalt for Japan between 2021 and 2022 were United States ($700k), United Arab Emirates ($111k), and Germany ($27k).

Latest Trends

March 2024

About

Overview In March 2024 Japan's Bitumen and asphalt exports accounted up to ¥446k and imports accounted up to ¥23.8M, resulting in a negative trade balance of ¥23.4M. Between March 2020 and March 2024 the exports of Japan's   Bitumen and asphalt have increased by ¥446k (N/A%) from ¥0 to ¥446k, while imports increased by ¥18.6M (359%) from ¥5.2M to ¥23.8M.

Destinations In March 2024, Bitumen and asphalt were exported mostly to , and were imported mostly from United States (¥19.3M) and China (¥4.53M).

Growth In March 2024, the increase in Bitumen and asphalt's year-by-year exports was explained primarily by an increase in exports to . In August 2024, the increase in Bitumen and asphalt's year-by-year imports was explained primarily by an increase in imports from United States (¥651k or 3.21%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2020 - March 2024)¥446k(N/A%)
IMPORT GROWTH (June 2023 - August 2024)¥18.6M(359%)
MAIN EXPORTER (March 2024)Tokyo¥446k
MAIN DESTINATION (March 2024)

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 (2022)$167k
IMPORTS (2022)$2.47M
NET TRADE (2022)-$2.3M

In 2022, Japan exported $167k in Bitumen and asphalt. The main destinations of Japan exports on Bitumen and asphalt were India ($89.2k), Vietnam ($31.5k), Thailand ($25.9k), Brazil ($9.11k), and Indonesia ($7.5k).

In 2022, Japan imported $2.47M in Bitumen and asphalt, mainly from United States ($1.77M), United Arab Emirates ($294k), Iran ($113k), Germany ($92.9k), and Trinidad and Tobago ($87.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bitumen and asphalt EXPORT MARKETS FOR Japan WERE (2021 - 2022):
Vietnam$9.31k (41.9%)
Brazil$9.11k (1%)
Thailand$4.25k (19.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bitumen and asphalt BY Japan WERE (2021 - 2022):
Singapore-$13.2k (-100%)
Philippines-$9.94k (-100%)
India-$6.99k (-7.26%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Bitumen and asphalt were:
Turkey $261M
United States $166M
Spain $70.6M
In 2022, Japan'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 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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