2022
Exports
$19.4kWorld Rnk 91 / 131
Flag Rnk 1141 / 1193
2022
PRODUCT COMPLEXITY IN Bitumen and asphalt
-0.98Rnk 835 / 1025
2022
Imports
$25.2MWorld Rnk 11 / 189
Flag Rnk 752 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $19.4k in Bitumen and asphalt, making it the 91st largest exporter of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 1141st most exported product in Mexico. The main destination of Bitumen and asphalt exports from Mexico are: Guatemala ($10.1k), Ecuador ($4.96k), Canada ($1.56k), Panama ($1.44k), and El Salvador ($886).

The fastest growing export markets for Bitumen and asphalt of Mexico between 2021 and 2022 were Ecuador ($4.96k), Panama ($1.44k), and El Salvador ($886).

Imports In 2022, Mexico imported $25.2M in Bitumen and asphalt, becoming the 11th largest importer of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 752nd most imported product in Mexico. Mexico imports Bitumen and asphalt primarily from: United States ($24.8M) and Colombia ($451k).

The fastest growing import markets in Bitumen and asphalt for Mexico between 2021 and 2022 were Colombia ($376k).

Latest Trends

Oct 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)$19.4k
IMPORTS (2022)$25.2M
NET TRADE (2022)-$25.2M

In 2022, Mexico exported $19.4k in Bitumen and asphalt. The main destinations of Mexico exports on Bitumen and asphalt were Guatemala ($10.1k), Ecuador ($4.96k), Canada ($1.56k), Panama ($1.44k), and El Salvador ($886).

In 2022, Mexico imported $25.2M in Bitumen and asphalt, mainly from United States ($24.8M) and Colombia ($451k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bitumen and asphalt EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
Ecuador$4.96k (1%)
Panama$1.44k (1%)
El Salvador$886 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bitumen and asphalt BY Mexico WERE (2021 - 2022):
Guatemala-$63.9k (-86.3%)
Portugal-$6.96k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mexico's main exporting competitors in Bitumen and asphalt were:
In 2022, Mexico'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+ $4.75k
TOP IMPORT POTENTIALColombia+ $279k

Bitumen and asphalt’s highest export potential is Canada. With an export gap of $4.75k.   Bitumen and asphalt’s highest import potential is Colombia with an import gap of $279k.

See methodology.

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