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2023
Exports $49.1MWorld Rnk 5 / 125
Flag Rnk 644 / 1215
2023
Destination $10.2M France
2022 - 2023
FASTEST GROWING MARKET $10.2MUruguay
2023
PRODUCT COMPLEXITY IN Bitumen and asphalt-0.77Rnk 776 / 1025
2023
Imports $576kWorld Rnk 86 / 188
Flag Rnk 1179 / 1214
2023
Origin $35.5k Portugal
2022 - 2023
FASTEST GROWING ORIGIN $35.5kGreece
2023
ECONOMIC COMPLEXITY of Spain0.86Rnk 31 / 132

About

Exports In 2023, Spain exported $49.1M 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 644th most exported product in Spain. The main destination of Bitumen and asphalt exports from Spain are: France ($30.3M), Uruguay ($10.2M), Nigeria ($5.52M), Portugal ($1.45M), and Andorra ($888k).

The fastest growing export markets for Bitumen and asphalt of Spain between 2022 and 2023 were Uruguay ($10.2M), Nigeria ($5.52M), and Bolivia ($203k).

Imports In 2023, Spain imported $576k in Bitumen and asphalt, becoming the 86th largest importer of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 1179th most imported product in Spain. Spain imports Bitumen and asphalt primarily from: Portugal ($478k), Greece ($35.5k), Colombia ($22.7k), Netherlands ($15.9k), and Germany ($9.86k).

The fastest growing import markets in Bitumen and asphalt for Spain between 2022 and 2023 were Greece ($35.5k), Colombia ($22.7k), and Germany ($6.19k).

Latest Trends

December 2024

About

Overview In December 2024 Spain's Bitumen and asphalt exports accounted up to €216k and imports accounted up to €1.34k, resulting in a positive trade balance of €214k. Between December 2023 and December 2024 the exports of Spain's   Bitumen and asphalt have decreased by €-52k (-19.4%) from €268k to €216k, while imports increased by €775 (137%) from €567 to €1.34k.

Destinations In December 2024, Bitumen and asphalt were exported mostly to Madagascar (€150k), Andorra (€64.5k), Germany (€810), and France (€750), and were imported mostly from Chile (€893) and Brazil (€449).

Growth In December 2024, the decrease in Bitumen and asphalt's year-by-year exports was explained primarily by a decrease in exports to France (€-724k or -99.9%). In December 2024, the increase in Bitumen and asphalt's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)€-52k(-19.4%)
IMPORT GROWTH (October 2023 - December 2024)€775(137%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)Madagascar€150k

This section shows Bitumen and asphalt's exports and imports data at subnational level for Spain. 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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Historical Data

Trade Balance

Color
EXPORTS (2023)$49.1M
IMPORTS (2023)$576k
NET TRADE (2023)$48.5M

In 2023, Spain exported $49.1M in Bitumen and asphalt. The main destinations of Spain exports on Bitumen and asphalt were France ($30.3M), Uruguay ($10.2M), Nigeria ($5.52M), Portugal ($1.45M), and Andorra ($888k).

In 2023, Spain imported $576k in Bitumen and asphalt, mainly from Portugal ($478k), Greece ($35.5k), Colombia ($22.7k), Netherlands ($15.9k), and Germany ($9.86k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Bitumen and asphalt EXPORT MARKETS FOR Spain WERE (2022 - 2023):
Uruguay$10.2M (1.62M%)
Nigeria$5.52M (1%)
Bolivia$203k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bitumen and asphalt BY Spain WERE (2022 - 2023):
France-$29M (-48.9%)
Portugal-$1.6M (-52.5%)
Angola-$1.12M (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Spain's main exporting competitors in Bitumen and asphalt were:
United States $131M
Iraq $114M
Bahrain $52.7M
In 2023, Spain's main importing competitors in Bitumen and asphalt were:
United Arab Emirates $140M
France $123M
Uruguay $60.2M

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Trade Value of Bitumen and asphalt by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $52.4k
TOP IMPORT POTENTIALNetherlands+ $30.1k

Bitumen and asphalt’s highest export potential is Netherlands. With an export gap of $52.4k.   Bitumen and asphalt’s highest import potential is Netherlands with an import gap of $30.1k.

See methodology.

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