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271500 (Harmonized System 1992 for 6-digit)

2022
World Trade $2.35BRnk 1345 / 4648
2022
Top Exporter | Top Importer $836M | $388MJapan | United Kingdom
2022
Product Complexity -1.24Rnk 4056 / 4653
2021 - 2022
Export Growth (CAGR) -32.6%Rnk 4471 / 4648
2022
Share of World Trade 0.0099%Rnk 1345 / 4648

About

Overview This page contains the latest trade data of Bituminous mix, mastic from asphalt, bitumen/tar/pitc. In 2022, Bituminous mix, mastic from asphalt, bitumen/tar/pitc were the world's 1345th most traded product, with a total trade of $2.35B. Between 2021 and 2022 the exports of Bituminous mix, mastic from asphalt, bitumen/tar/pitc decreased by -32.6%, from $3.48B to $2.35B. Trade in Bituminous mix, mastic from asphalt, bitumen/tar/pitc represent 0.0099% of total world trade.

Bituminous mix, mastic from asphalt, bitumen/tar/pitc are a part of Asphalt Mixtures.

Exports In 2022 the top exporters of Bituminous mix, mastic from asphalt, bitumen/tar/pitc  were Japan ($836M), Canada ($150M), United States ($136M), Malaysia ($121M), and Russia ($107M).

Imports In 2022 the top importers of Bituminous mix, mastic from asphalt, bitumen/tar/pitc were United Kingdom ($388M), China ($206M), Malaysia ($199M), United States ($192M), and India ($119M).

Ranking Bituminous mix, mastic from asphalt, bitumen/tar/pitc ranks 4056th in the Product Complexity Index (PCI).

Description Bituminous mix is a mix of sand, gravel, tar, and asphalt. It is used on high-traffic roads and parking lots. Mastic from asphalt is a mixture of asphalt and tar. It is used on lower-traffic roads and parking lots. Bitumen/tar/pitc is a black, sticky liquid that is used for paving roads. It is also used to make asphalt.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Bituminous mix, mastic from asphalt, bitumen/tar/pitc. Countries are shown based on data availability.

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

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* 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.

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Historical Data

Exporters and Importers

Top Origin (2022)Japan$836M
Top Destination (2022)United Kingdom$388M

In 2022 Bituminous mix, mastic from asphalt, bitumen/tar/pitc were the world's 1345th most traded product (out of 4,648).

In 2022, the top exporters of Bituminous mix, mastic from asphalt, bitumen/tar/pitc were Japan ($836M), Canada ($150M), United States ($136M), Malaysia ($121M), and Russia ($107M).

In 2022, the top importers of Bituminous mix, mastic from asphalt, bitumen/tar/pitc were United Kingdom ($388M), China ($206M), Malaysia ($199M), United States ($192M), and India ($119M).

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Exporters of Bituminous mix, mastic from asphalt, bitumen/tar/pitc (2022)
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Importers of Bituminous mix, mastic from asphalt, bitumen/tar/pitc (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Japan$770M
Top Destination Decrease (2021 -  2022)China-$902M

Between 2021 and 2022, the exports of Bituminous mix, mastic from asphalt, bitumen/tar/pitc grew the fastest in Japan ($770M), Malaysia ($72.6M), China ($63.7M), Canada ($39M), and United States ($21.7M).

Between 2021 and 2022, the fastest declining importers of Bituminous mix, mastic from asphalt, bitumen/tar/pitc were China (-$902M), United Arab Emirates (-$660M), South Korea (-$220M), Switzerland (-$207M), and Malta (-$63.8M).

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Exporters of Bituminous mix, mastic from asphalt, bitumen/tar/pitc (2021 - 2022)

Importers of Bituminous mix, mastic from asphalt, bitumen/tar/pitc (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Bituminous mix, mastic from asphalt, bitumen/tar/pitc.

In 2022, market concentration measured using Shannon Entropy, was 4.05. This means that most of the exports of Bituminous mix, mastic from asphalt, bitumen/tar/pitc are explained by 16 countries.

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Value of Exports in Bituminous mix, mastic from asphalt, bitumen/tar/pitc

Net Trade

TOP NET EXPORTER (2022)Japan$813M
TOP NET IMPORTER (2022)United Kingdom$368M

This map shows which countries export or import more of Bituminous mix, mastic from asphalt, bitumen/tar/pitc. Each country is colored based on the difference in exports and imports of Bituminous mix, mastic from asphalt, bitumen/tar/pitc during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Bituminous mix, mastic from asphalt, bitumen/tar/pitc were Japan ($813M), Canada ($114M), Russia ($104M), Spain ($88.5M), and Togo ($78.5M).

In 2022, the countries that had a largest trade value in imports than in exports of Bituminous mix, mastic from asphalt, bitumen/tar/pitc were United Kingdom ($368M), China ($117M), India ($109M), Brazil ($101M), and Mexico ($99.2M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Bituminous mix, mastic from asphalt, bitumen/tar/pitc.
It is possible to select the main countries that export or import Bituminous mix, mastic from asphalt, bitumen/tar/pitc in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Bituminous mix, mastic from asphalt, bitumen/tar/pitc 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 (2022)

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