NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

Bituminous mixtures based on natural asphalt; on natural bitumen, on petroleum bitumen, on mineral tar or on mineral tar pitch (e.g. bituminous mastics, cut-backs)

2715 (Harmonized System 1992 for 4-digit)

2023
World Trade $1.73BRnk 803 / 1217
2023
Top Exporter | Top Importer $438M | $279MJapan | United Kingdom
2023
Product Complexity -1.13Rnk 889 / 1044
2022 - 2023
Export Growth (CAGR) -25.7%Rnk 1118 / 1217
2023
Share of World Trade 0.0076%Rnk 803 / 1217

About

Overview This page contains the latest trade data of Asphalt Mixtures. In 2023, Asphalt Mixtures were the world's 803rd most traded product, with a total trade of $1.73B. Between 2022 and 2023 the exports of Asphalt Mixtures decreased by -25.7%, from $2.33B to $1.73B. Trade in Asphalt Mixtures represent 0.0076% of total world trade.

Asphalt Mixtures are a part of Mineral fuels, mineral oils and products of their distillation. They include Bituminous mix, mastic from asphalt, bitumen/tar/pitc.

Exports In 2023 the top exporters of Asphalt Mixtures  were Japan ($438M), United States ($187M), Canada ($122M), Togo ($105M), and Germany ($96.5M).

Imports In 2023 the top importers of Asphalt Mixtures were United Kingdom ($279M), United States ($188M), Malaysia ($117M), Mexico ($84.4M), and Netherlands ($68.5M).

Ranking Asphalt Mixtures ranks 889th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

View
Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Asphalt Mixtures. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

Explore Latest Trends

* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Exporters and Importers

Top Origin (2023)Japan$438M
Top Destination (2023)United Kingdom$279M

In 2023 Asphalt Mixtures were the world's 803rd most traded product (out of 1,217).

In 2023, the top exporters of Asphalt Mixtures were Japan ($438M), United States ($187M), Canada ($122M), Togo ($105M), and Germany ($96.5M).

In 2023, the top importers of Asphalt Mixtures were United Kingdom ($279M), United States ($188M), Malaysia ($117M), Mexico ($84.4M), and Netherlands ($68.5M).

Explore Visualizations

Exporters of Asphalt Mixtures (2023)
[Click to Select a Country]

Importers of Asphalt Mixtures (2023)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$45.8M
Top Destination Growth (2022 -  2023)Dominican Republic$49.8M

Between 2022 and 2023, the exports of Asphalt Mixtures grew the fastest in United States ($45.8M), Kazakhstan ($24.1M), Colombia ($16.2M), Togo ($15.8M), and United Arab Emirates ($10.3M).

Between 2022 and 2023, the fastest growing importers of Asphalt Mixtures were Dominican Republic ($49.8M), New Zealand ($13.9M), Turkey ($13M), Portugal ($11M), and Uzbekistan ($8.75M).

Explore Visualizations

Exporters of Asphalt Mixtures (2022 - 2023)

Importers of Asphalt Mixtures (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Asphalt Mixtures.

In 2023, market concentration measured using Shannon Entropy, was 4.44. This means that most of the exports of Asphalt Mixtures are explained by 21 countries.

Explore Visualizations

Value of Exports in Asphalt Mixtures

Net Trade

TOP NET EXPORTER (2023)Japan$420M
TOP NET IMPORTER (2023)United Kingdom$258M

This map shows which countries export or import more of Asphalt Mixtures. Each country is colored based on the difference in exports and imports of Asphalt Mixtures during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Asphalt Mixtures were Japan ($420M), Togo ($105M), Canada ($83.5M), Spain ($78.1M), and Germany ($65.6M).

In 2023, the countries that had a largest trade value in imports than in exports of Asphalt Mixtures were United Kingdom ($258M), Malaysia ($92.4M), Mexico ($83.2M), Chile ($59.2M), and Brazil ($57.7M).

Net Trade (2023)

Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Asphalt Mixtures.
It is possible to select the main countries that export or import Asphalt Mixtures in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Asphalt Mixtures by percentage of total exports

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $12.5M
TOP IMPORT POTENTIALChina+ $700k

Asphalt Mixtures’s highest export potential is China. With an export gap of $12.5M.  Asphalt Mixtures’s highest import potential is China with an import gap of $700k.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

Related Products

This visualization shows products that are likely to be exported by countries that export Asphalt Mixtures.

Country by Relatedness

The following visualization shows the relatedness of Asphalt Mixtures to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms