271500 (Harmonized System 1992 for 6-digit)

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 Data

View
Flow
Y-AXIS SCALE

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.

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 (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).

Explore Visualizations

Exporters of Bituminous mix, mastic from asphalt, bitumen/tar/pitc (2022)
[Click to Select a Country]

Importers of Bituminous mix, mastic from asphalt, bitumen/tar/pitc (2022)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2021 -  2022)Japan$770M
Top Destination Growth (2021 -  2022)United Kingdom$363M

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 growing importers of Bituminous mix, mastic from asphalt, bitumen/tar/pitc were United Kingdom ($363M), India ($103M), Mexico ($95.3M), Brazil ($85.6M), and Malaysia ($79.7M).

Explore Visualizations

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.

Explore Visualizations

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

Flow
Measure
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)

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