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2019
Exports $120World Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2023
PRODUCT COMPLEXITY IN Bitumen and asphalt-0.77Rnk 776 / 1025
2019
Imports $60.2MWorld Rnk 3 / 188
Flag Rnk 38 / 1152
2023
ECONOMIC COMPLEXITY of Uruguay0.22Rnk 52 / 132

About

Imports In 2023, Uruguay imported $60.2M in Bitumen and asphalt, becoming the 3rd largest importer of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 38th most imported product in Uruguay. Uruguay imports Bitumen and asphalt primarily from: United States ($18.5M), Kazakhstan ($18.4M), Spain ($10.2M), Turkey ($5.08M), and Italy ($3.36M).

The fastest growing import markets in Bitumen and asphalt for Uruguay between 2022 and 2023 were Kazakhstan ($16M), United States ($14.5M), and Spain ($10.2M).

Latest Trends

Dec 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 (2019)$120
IMPORTS (2023)$60.2M
NET TRADE (2023)-$60.2M

In 2023, Uruguay imported $60.2M in Bitumen and asphalt, mainly from United States ($18.5M), Kazakhstan ($18.4M), Spain ($10.2M), Turkey ($5.08M), and Italy ($3.36M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
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Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Bitumen and asphalt by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $308
TOP IMPORT POTENTIALSpain+ $4.7k

Bitumen and asphalt’s highest export potential is United States. With an export gap of $308.   Bitumen and asphalt’s highest import potential is Spain with an import gap of $4.7k.

See methodology.

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