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2022
Exports $3.8kWorld Rnk 104 / 131
Flag Rnk 1150 / 1177
2022
Destination $3.8k Malaysia
2021 - 2022
FASTEST GROWING MARKET $3.8kMalaysia
2022
PRODUCT COMPLEXITY IN Bitumen and asphalt-0.98Rnk 835 / 1025
2022
Imports $853kWorld Rnk 76 / 189
Flag Rnk 1046 / 1207
2022
Origin $247k United Kingdom
2021 - 2022
FASTEST GROWING ORIGIN $247kUnited Kingdom
2022
ECONOMIC COMPLEXITY of Hong Kong1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $3.8k in Bitumen and asphalt, making it the 104th largest exporter of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 1150th most exported product in Hong Kong. The main destination of Bitumen and asphalt exports from Hong Kong are: Malaysia ($3.8k).

The fastest growing export markets for Bitumen and asphalt of Hong Kong between 2021 and 2022 were Malaysia ($3.8k).

Imports In 2022, Hong Kong imported $853k in Bitumen and asphalt, becoming the 76th largest importer of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 1046th most imported product in Hong Kong. Hong Kong imports Bitumen and asphalt primarily from: United Kingdom ($247k), China ($192k), United Arab Emirates ($162k), Malaysia ($126k), and Trinidad and Tobago ($98.9k).

The fastest growing import markets in Bitumen and asphalt for Hong Kong between 2021 and 2022 were United Kingdom ($247k), Malaysia ($78.6k), and Trinidad and Tobago ($59k).

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Bitumen and asphalt. Countries are shown based on data availability.

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

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.8k
IMPORTS (2022)$853k
NET TRADE (2022)-$849k

In 2022, Hong Kong exported $3.8k in Bitumen and asphalt. The main destinations of Hong Kong exports on Bitumen and asphalt were Malaysia ($3.8k).

In 2022, Hong Kong imported $853k in Bitumen and asphalt, mainly from United Kingdom ($247k), China ($192k), United Arab Emirates ($162k), Malaysia ($126k), and Trinidad and Tobago ($98.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bitumen and asphalt EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):Malaysia$3.8k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bitumen and asphalt BY Hong Kong WERE (2021 - 2022):
Indonesia-$123k (-100%)
Turkey-$22.1k (-100%)
Singapore-$2.33k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hong Kong's main exporting competitors in Bitumen and asphalt were:
Turkey $261M
United States $166M
Spain $70.6M
In 2022, Hong Kong's main importing competitors in Bitumen and asphalt were:
Egypt $206M
France $155M
Canada $78.2M

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Trade Value of Bitumen and asphalt by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $760
TOP IMPORT POTENTIALChina+ $130k

Bitumen and asphalt’s highest export potential is China. With an export gap of $760.   Bitumen and asphalt’s highest import potential is China with an import gap of $130k.

See methodology.

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