Bitumen and asphalt in Canada | The Observatory of Economic Complexity

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Exports In 2022, Canada exported $49.2M in Bitumen and asphalt, making it the 5th largest exporter of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 499th most exported product in Canada. The main destination of Bitumen and asphalt exports from Canada are: United States ($49.1M), Bermuda ($52.4k), Jamaica ($39k), South Africa ($6.4k), and Singapore ($3.43k).

The fastest growing export markets for Bitumen and asphalt of Canada between 2021 and 2022 were Bermuda ($52.4k), Jamaica ($39k), and South Africa ($6.4k).

Imports In 2022, Canada imported $78.2M in Bitumen and asphalt, becoming the 3rd largest importer of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 618th most imported product in Canada. Canada imports Bitumen and asphalt primarily from: United States ($78M), India ($111k), Australia ($11.6k), Romania ($6.6k), and United Arab Emirates ($5.49k).

The fastest growing import markets in Bitumen and asphalt for Canada between 2021 and 2022 were United States ($11.8M), Australia ($11.6k), and Romania ($6.6k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Bitumen and asphalt from Canada to the United States.

Latest Trends

January 2024

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Overview In January 2024 Canada's Bitumen and asphalt exports accounted up to C$84.3k and imports accounted up to C$423k, resulting in a negative trade balance of C$338k. Between January 2023 and January 2024 the exports of Canada's Bitumen and asphalt have increased by C$54.8k (186%) from C$29.5k to C$84.3k, while imports decreased by C$-8.01M (-95%) from C$8.43M to C$423k.

Destinations In January 2024, Bitumen and asphalt were exported mostly to China (C$58.3k) and United States (C$26k), and were imported mostly from United States (C$421k), China (C$948), Canada (C$531), American Samoa (C$212), and Finland (C$153).

Growth In January 2024, the increase in Bitumen and asphalt's year-by-year exports was explained primarily by an increase in exports to . In January 2024, the decrease in Bitumen and asphalt's year-by-year imports was explained primarily by a decrease in imports from Mexico (C$-57 or -23.9%) and Finland (C$-22 or -75.9%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)C$54.8k(186%)

IMPORT GROWTH (January 2023 - January 2024)C$-8.01M(-95%)

MAIN EXPORTER (January 2024)AlbertaC$58.3k

MAIN DESTINATION (January 2024)ChinaC$58.3k

This section shows Bitumen and asphalt's exports and imports data at subnational level for Canada. 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 over time.

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