Overview: In 2018, Asphalt were the world's 913th most traded product, with a total trade of $996M. Between 2017 and 2018 the exports of Asphalt grew by 49.4%, from $667M to $996M. Trade in Asphalt represent 0.0054% of total world trade.
Exports: In 2018 the top exporters of Asphalt were United States ($180M), Italy ($166M), Greece ($153M), Iran ($74.2M), and Spain ($58.6M).
Imports: In 2018 the top importers of Asphalt were Egypt ($222M), United States ($200M), Canada ($86.7M), Oman ($54.8M), and Spain ($43.3M).
Tariffs: In 2018 the average tariff for Asphalt was 5.15%, been the 802 lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Asphalt are Trinidad and Tobago (28.4%), Bermuda (25%), Belize (20.9%), Jamaica (17.5%), and Barbados (16.2%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Japan (0%), Sri Lanka (0%), and Maldives (0%).
Ranking: Asphalt ranks 804th in the Product Complexity Index (PCI).