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2023
Exports $20.2MWorld Rnk 23 / 131
Flag Rnk 1036 / 1215
2023
Destination $11M New Zealand
2022 - 2023
FASTEST GROWING MARKET $11MNew Zealand
2023
PRODUCT COMPLEXITY IN Asphalt Mixtures-1.43Rnk 935 / 1025
2023
Imports $16.4MWorld Rnk 26 / 208
Flag Rnk 937 / 1214
2023
Origin $1.56M Japan
2022 - 2023
FASTEST GROWING ORIGIN $1.56MUnited Kingdom
2023
ECONOMIC COMPLEXITY of China1.16Rnk 21 / 132

About

Exports In 2023, China exported $20.2M in Asphalt Mixtures, making it the 23rd largest exporter of Asphalt Mixtures in the world. At the same year, Asphalt Mixtures was the 1036th most exported product in China. The main destination of Asphalt Mixtures exports from China are: New Zealand ($11M), Republic of the Congo ($1.66M), Poland ($1.29M), India ($1.1M), and Japan ($944k).

The fastest growing export markets for Asphalt Mixtures of China between 2022 and 2023 were New Zealand ($11M), Poland ($518k), and Kyrgyzstan ($250k).

Imports In 2023, China imported $16.4M in Asphalt Mixtures, becoming the 26th largest importer of Asphalt Mixtures in the world. At the same year, Asphalt Mixtures was the 937th most imported product in China. China imports Asphalt Mixtures primarily from: Japan ($9.56M), United States ($2.51M), United Kingdom ($2.51M), Thailand ($756k), and Malaysia ($505k).

The fastest growing import markets in Asphalt Mixtures for China between 2022 and 2023 were United Kingdom ($1.56M), France ($243k), and Denmark ($43.9k).

Latest Trends

December 2024

About

Overview In December 2024 China's Asphalt Mixtures exports accounted up to $578k and imports accounted up to $157M, resulting in a negative trade balance of $157M. Between December 2023 and December 2024 the exports of China's   Asphalt Mixtures have increased by $180k (45.2%) from $398k to $578k, while imports decreased by $-364M (-69.8%) from $522M to $157M.

Destinations In December 2024, Asphalt Mixtures were exported mostly to Hong Kong ($386k), Republic of the Congo ($136k), Thailand ($15.6k), Canada ($14k), and Romania ($13k), and were imported mostly from Brazil ($155M), United States ($2.19M), Germany ($46k), Puerto Rico ($42.9k), and United Kingdom ($35.8k).

Growth In December 2024, the increase in Asphalt Mixtures's year-by-year exports was explained primarily by an increase in exports to Peru ($39.8k or 69.7%) and Hong Kong ($18.7k or 7.54%). In December 2024, the decrease in Asphalt Mixtures's year-by-year imports was explained primarily by a decrease in imports from Malaysia ($-53M or -14%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$180k(45.2%)
IMPORT GROWTH (December 2023 - December 2024)$-364M(-69.8%)
MAIN EXPORTER (December 2024)Guangdong Province$457k
MAIN DESTINATION (December 2024)Hong Kong$386k

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 (2023)$20.2M
IMPORTS (2023)$16.4M
NET TRADE (2023)$3.76M

In 2023, China exported $20.2M in Asphalt Mixtures. The main destinations of China exports on Asphalt Mixtures were New Zealand ($11M), Republic of the Congo ($1.66M), Poland ($1.29M), India ($1.1M), and Japan ($944k).

In 2023, China imported $16.4M in Asphalt Mixtures, mainly from Japan ($9.56M), United States ($2.51M), United Kingdom ($2.51M), Thailand ($756k), and Malaysia ($505k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Asphalt Mixtures EXPORT MARKETS FOR China WERE (2022 - 2023):
New Zealand$11M (326k%)
Poland$518k (67%)
Kyrgyzstan$250k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Asphalt Mixtures BY China WERE (2022 - 2023):
Malaysia-$8.28M (-99.7%)
South Korea-$1.38M (-99.5%)
Indonesia-$1.03M (-75.2%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Asphalt Mixtures were:
Japan $438M
United States $187M
Canada $122M
In 2023, China's main importing competitors in Asphalt Mixtures were:
United Kingdom $279M
United States $188M
Malaysia $117M

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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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