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2022
Exports $31.1MWorld Rnk 7 / 129
Flag Rnk 3180 / 4606
2022
Destination $23M Singapore
2021 - 2022
FASTEST GROWING MARKET $23MSingapore
2022
Imports $9.08MWorld Rnk 19 / 186
Flag Rnk 2836 / 4539
2022
Origin $1.88M Indonesia
2021 - 2022
FASTEST GROWING ORIGIN $1.88MIndonesia
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $31.1M in Bitumen and asphalt, asphaltites and asphaltic rocks, making it the 7th largest exporter of Bitumen and asphalt, asphaltites and asphaltic rocks in the world. At the same year, Bitumen and asphalt, asphaltites and asphaltic rocks was the 3180th most exported product in China. The main destination of Bitumen and asphalt, asphaltites and asphaltic rocks exports from China are: Singapore ($23M), Philippines ($3.56M), Angola ($2.1M), Kuwait ($305k), and Oman ($293k).

The fastest growing export markets for Bitumen and asphalt, asphaltites and asphaltic rocks of China between 2021 and 2022 were Singapore ($23M), Angola ($2.1M), and Philippines ($1.9M).

Imports In 2022, China imported $9.08M in Bitumen and asphalt, asphaltites and asphaltic rocks, becoming the 19th largest importer of Bitumen and asphalt, asphaltites and asphaltic rocks in the world. At the same year, Bitumen and asphalt, asphaltites and asphaltic rocks was the 2836th most imported product in China. China imports Bitumen and asphalt, asphaltites and asphaltic rocks primarily from: Indonesia ($3.58M), Iran ($3.1M), United Arab Emirates ($1.21M), United States ($501k), and Trinidad and Tobago ($464k).

The fastest growing import markets in Bitumen and asphalt, asphaltites and asphaltic rocks for China between 2021 and 2022 were Indonesia ($1.88M), Iran ($1.23M), and Trinidad and Tobago ($451k).

COMPANIES In 2023, leading companies such as CrimsonLogic (98.6k), IKEA Group (48.7k), and Itourscm (19.1k) were at the forefront of shipping Bitumen and asphalt, asphaltites and asphaltic rocks from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Bitumen and asphalt, asphaltites and asphaltic rocks exports accounted up to $127k and imports accounted up to $3.5M, resulting in a negative trade balance of $3.37M. Between July 2023 and July 2024 the exports of China's   Bitumen and asphalt, asphaltites and asphaltic rocks have decreased by $-23.1k (-15.4%) from $150k to $127k, while imports increased by $154k (4.59%) from $3.34M to $3.5M.

Destinations In July 2024, Bitumen and asphalt, asphaltites and asphaltic rocks were exported mostly to Hong Kong ($42.1k), Netherlands ($22.6k), Iraq ($22k), Ecuador ($20.6k), and South Korea ($11.6k), and were imported mostly from Canada ($2.35M), United Arab Emirates ($757k), Iran ($348k), United States ($35.7k), and Indonesia ($2.32k).

Growth In July 2024, the decrease in Bitumen and asphalt, asphaltites and asphaltic rocks's year-by-year exports was explained primarily by a decrease in exports to Indonesia ($-4.95k or -72.4%). In July 2024, the increase in Bitumen and asphalt, asphaltites and asphaltic rocks's year-by-year imports was explained primarily by an increase in imports from United States ($9.31k or 1.62k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-23.1k(-15.4%)
IMPORT GROWTH (July 2023 - July 2024)$154k(4.59%)
MAIN EXPORTER (July 2024)Guangdong Province$58.1k
MAIN DESTINATION (July 2024)Hong Kong$42.1k

This section shows Bitumen and asphalt, asphaltites and asphaltic rocks'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 Bitumen and asphalt, asphaltites and asphaltic rocks over time.

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Unit Prices

Flow
Value

The following visualization shows the unit prices for Bitumen and asphalt, asphaltites and asphaltic rocks throughout time. Products without a clear unit are excluded.

Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$31.1M
IMPORTS (2022)$9.08M
NET TRADE (2022)$22M

In 2022, China exported $31.1M in Bitumen and asphalt, asphaltites and asphaltic rocks. The main destinations of China exports on Bitumen and asphalt, asphaltites and asphaltic rocks were Singapore ($23M), Philippines ($3.56M), Angola ($2.1M), Kuwait ($305k), and Oman ($293k).

In 2022, China imported $9.08M in Bitumen and asphalt, asphaltites and asphaltic rocks, mainly from Indonesia ($3.58M), Iran ($3.1M), United Arab Emirates ($1.21M), United States ($501k), and Trinidad and Tobago ($464k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bitumen and asphalt, asphaltites and asphaltic rocks EXPORT MARKETS FOR China WERE (2021 - 2022):
Singapore$23M (1.53M%)
Angola$2.1M (6.56M%)
Philippines$1.9M (115%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bitumen and asphalt, asphaltites and asphaltic rocks BY China WERE (2021 - 2022):
Malaysia-$952k (-92.6%)
New Zealand-$651k (-100%)
Vietnam-$645k (-91.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Bitumen and asphalt, asphaltites and asphaltic rocks were:
Turkey $210M
United States $165M
Spain $62.9M
In 2022, China's main importing competitors in Bitumen and asphalt, asphaltites and asphaltic rocks were:
Egypt $206M
France $100M
Canada $78.2M

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Trade Value of Bitumen and asphalt, asphaltites and asphaltic rocks by Exporters

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