2022
Exports
$2.97MWorld Rnk 30 / 131
Flag Rnk 75 / 925
2022
PRODUCT COMPLEXITY IN Bitumen and asphalt
-0.98Rnk 835 / 1025
2022
Imports
$1.38MWorld Rnk 60 / 189
Flag Rnk 463 / 1146

About

Exports In 2022, Trinidad and Tobago exported $2.97M in Bitumen and asphalt, making it the 30th largest exporter of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 75th most exported product in Trinidad and Tobago. The main destination of Bitumen and asphalt exports from Trinidad and Tobago are: Germany ($1.69M), China ($464k), Turkey ($200k), Brazil ($179k), and Hong Kong ($98.9k).

The fastest growing export markets for Bitumen and asphalt of Trinidad and Tobago between 2021 and 2022 were Germany ($854k), China ($451k), and South Korea ($92.4k).

Imports In 2022, Trinidad and Tobago imported $1.38M in Bitumen and asphalt, becoming the 60th largest importer of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 463rd most imported product in Trinidad and Tobago. Trinidad and Tobago imports Bitumen and asphalt primarily from: N/A.

The fastest growing import markets in Bitumen and asphalt for Trinidad and Tobago between 2021 and 2022 were Guatemala ($499k), Barbados ($234k), and Lithuania ($165k).

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)$2.97M
IMPORTS (2022)$1.38M
NET TRADE (2022)$1.58M

In 2022, Trinidad and Tobago exported $2.97M in Bitumen and asphalt. The main destinations of Trinidad and Tobago exports on Bitumen and asphalt were Germany ($1.69M), China ($464k), Turkey ($200k), Brazil ($179k), and Hong Kong ($98.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bitumen and asphalt EXPORT MARKETS FOR Trinidad and Tobago WERE (2021 - 2022):
Germany$854k (102%)
China$451k (3.49k%)
South Korea$92.4k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bitumen and asphalt BY Trinidad and Tobago WERE (2021 - 2022):
Turkey-$279k (-58.3%)
North Korea-$64.9k (-100%)
Switzerland-$53k (-50%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Trinidad and Tobago's main exporting competitors in Bitumen and asphalt were:
In 2022, Trinidad and Tobago'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 POTENTIALJapan+ $78.4k
TOP IMPORT POTENTIALUnited States+ $881

Bitumen and asphalt’s highest export potential is Japan. With an export gap of $78.4k.   Bitumen and asphalt’s highest import potential is United States with an import gap of $881.

See methodology.

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