2022
Exports
$88.6MWorld Rnk 8 / 131
Flag Rnk 892 / 1216
2022
PRODUCT COMPLEXITY IN Asphalt Mixtures
-1.14Rnk 867 / 1025
2022
Imports
$206MWorld Rnk 2 / 210
Flag Rnk 509 / 1212
2022
ECONOMIC COMPLEXITY of China
1.12Rnk 22 / 133

About

Exports In 2022, China exported $88.6M in Asphalt Mixtures, making it the 8th largest exporter of Asphalt Mixtures in the world. At the same year, Asphalt Mixtures was the 892nd most exported product in China. The main destination of Asphalt Mixtures exports from China are: Malaysia ($48M), China ($28M), Hong Kong ($3.14M), Indonesia ($1.42M), and South Korea ($1.28M).

The fastest growing export markets for Asphalt Mixtures of China between 2021 and 2022 were Malaysia ($32.5M), China ($28M), and Hong Kong ($1.74M).

Imports In 2022, China imported $206M in Asphalt Mixtures, becoming the 2nd largest importer of Asphalt Mixtures in the world. At the same year, Asphalt Mixtures was the 509th most imported product in China. China imports Asphalt Mixtures primarily from: Malaysia ($96.1M), Angola ($38.8M), Japan ($34.8M), China ($28M), and United States ($3.53M).

The fastest growing import markets in Asphalt Mixtures for China between 2021 and 2022 were Malaysia ($54M), China ($28M), and Japan ($6.58M).

Latest Trends

October 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$-1.78k(-0.32%)
IMPORT GROWTH (October 2023 - October 2024)$-114M(-31.1%)
MAIN EXPORTER (October 2024)Guangdong Province$457k
MAIN DESTINATION (October 2024)Hong Kong$427k

This section shows Asphalt Mixtures's exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Asphalt Mixtures over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$88.6M
IMPORTS (2022)$206M
NET TRADE (2022)-$117M

In 2022, China exported $88.6M in Asphalt Mixtures. The main destinations of China exports on Asphalt Mixtures were Malaysia ($48M), China ($28M), Hong Kong ($3.14M), Indonesia ($1.42M), and South Korea ($1.28M).

In 2022, China imported $206M in Asphalt Mixtures, mainly from Malaysia ($96.1M), Angola ($38.8M), Japan ($34.8M), China ($28M), and United States ($3.53M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Asphalt Mixtures EXPORT MARKETS FOR China WERE (2021 - 2022):
Malaysia$32.5M (209%)
China$28M (3.71M%)
Hong Kong$1.74M (125%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Asphalt Mixtures BY China WERE (2021 - 2022):
Republic of the Congo-$527k (-47.9%)
India-$415k (-49.3%)
Japan-$356k (-46.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Asphalt Mixtures were:
In 2022, China's main importing competitors in Asphalt Mixtures were:

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Trade Value of Asphalt Mixtures by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $1.94M
TOP IMPORT POTENTIALJapan+ $12.5M

Asphalt Mixtures’s highest export potential is India. With an export gap of $1.94M.   Asphalt Mixtures’s highest import potential is Japan with an import gap of $12.5M.

See methodology.

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