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

271490 (Harmonized System 1992 for 6-digit)

2023
World Trade $793MRnk 2372 / 4644
2023
Top Exporter | Top Importer $129M | $140MUnited States | United Arab Emirates
2023
Product Complexity -0.84Rnk 3652 / 4656
2022 - 2023
Export Growth (CAGR) -27.6%Rnk 4128 / 4644
2023
Share of World Trade 0.0035%Rnk 2372 / 4644

About

Overview This page contains the latest trade data of Bitumen and asphalt, asphaltites and asphaltic rocks. In 2023, Bitumen and asphalt, asphaltites and asphaltic rocks were the world's 2372nd most traded product, with a total trade of $793M. Between 2022 and 2023 the exports of Bitumen and asphalt, asphaltites and asphaltic rocks decreased by -27.6%, from $1.09B to $793M. Trade in Bitumen and asphalt, asphaltites and asphaltic rocks represent 0.0035% of total world trade.

Bitumen and asphalt, asphaltites and asphaltic rocks are a part of Bitumen and asphalt.

Exports In 2023 the top exporters of Bitumen and asphalt, asphaltites and asphaltic rocks  were United States ($129M), Iraq ($114M), Bahrain ($52.6M), Spain ($48.7M), and Netherlands ($48.1M).

Imports In 2023 the top importers of Bitumen and asphalt, asphaltites and asphaltic rocks were United Arab Emirates ($140M), France ($94.9M), Uruguay ($60.2M), Canada ($54.5M), and Philippines ($53.8M).

Ranking Bitumen and asphalt, asphaltites and asphaltic rocks ranks 3652nd in the Product Complexity Index (PCI).

Description Bitumen is a black, sticky substance that is a natural occurring asphalt or tar. It is often used for road paving, roofing, and waterproofing. Asphaltites are sedimentary rocks with high amounts of tar. They are often used in road construction.

Latest Trends

Latest Data

View
Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Bitumen and asphalt, asphaltites and asphaltic rocks. 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)United States$129M
Top Destination (2023)United Arab Emirates$140M

In 2023 Bitumen and asphalt, asphaltites and asphaltic rocks were the world's 2372nd most traded product (out of 4,644).

In 2023, the top exporters of Bitumen and asphalt, asphaltites and asphaltic rocks were United States ($129M), Iraq ($114M), Bahrain ($52.6M), Spain ($48.7M), and Netherlands ($48.1M).

In 2023, the top importers of Bitumen and asphalt, asphaltites and asphaltic rocks were United Arab Emirates ($140M), France ($94.9M), Uruguay ($60.2M), Canada ($54.5M), and Philippines ($53.8M).

Explore Visualizations

Exporters of Bitumen and asphalt, asphaltites and asphaltic rocks (2023)
[Click to Select a Country]

Importers of Bitumen and asphalt, asphaltites and asphaltic rocks (2023)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2022 -  2023)Iraq$74M
Top Destination Growth (2022 -  2023)United Arab Emirates$103M

Between 2022 and 2023, the exports of Bitumen and asphalt, asphaltites and asphaltic rocks grew the fastest in Iraq ($74M), Bahrain ($33.7M), Greece ($19.9M), Kazakhstan ($17M), and Saudi Arabia ($12.1M).

Between 2022 and 2023, the fastest growing importers of Bitumen and asphalt, asphaltites and asphaltic rocks were United Arab Emirates ($103M), Sweden ($14M), Uruguay ($12.2M), Nigeria ($8.15M), and Saudi Arabia ($6.12M).

Explore Visualizations

Exporters of Bitumen and asphalt, asphaltites and asphaltic rocks (2022 - 2023)

Importers of Bitumen and asphalt, asphaltites and asphaltic rocks (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Bitumen and asphalt, asphaltites and asphaltic rocks.

In 2023, market concentration measured using Shannon Entropy, was 4.54. This means that most of the exports of Bitumen and asphalt, asphaltites and asphaltic rocks are explained by 23 countries.

Explore Visualizations

Value of Exports in Bitumen and asphalt, asphaltites and asphaltic rocks

Net Trade

TOP NET EXPORTER (2023)Iraq$114M
TOP NET IMPORTER (2023)United Arab Emirates$99.1M

This map shows which countries export or import more of Bitumen and asphalt, asphaltites and asphaltic rocks. Each country is colored based on the difference in exports and imports of Bitumen and asphalt, asphaltites and asphaltic rocks during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Bitumen and asphalt, asphaltites and asphaltic rocks were Iraq ($114M), United States ($112M), Bahrain ($52.5M), Spain ($48.6M), and Netherlands ($47.3M).

In 2023, the countries that had a largest trade value in imports than in exports of Bitumen and asphalt, asphaltites and asphaltic rocks were United Arab Emirates ($99.1M), France ($93.6M), Canada ($52.8M), Costa Rica ($31.3M), and Denmark ($29.6M).

Net Trade (2023)

Country Comparison

Flow
Measure
Ranking

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

Top 10 Exporters Countries of Bitumen and asphalt, asphaltites and asphaltic rocks by percentage of total exports

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)

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