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2023
Exports $7.97MWorld Rnk 23 / 125
Flag Rnk 993 / 1216
2023
Destination $344k Uruguay
2022 - 2023
FASTEST GROWING MARKET $344kPhilippines
2023
PRODUCT COMPLEXITY IN Bitumen and asphalt-0.77Rnk 776 / 1025
2023
Imports $279kWorld Rnk 107 / 188
Flag Rnk 1198 / 1213
2023
Origin $30.8k Austria
2022 - 2023
FASTEST GROWING ORIGIN $30.8kNetherlands
2023
ECONOMIC COMPLEXITY of Italy1.29Rnk 18 / 132

About

Exports In 2023, Italy exported $7.97M in Bitumen and asphalt, making it the 23rd largest exporter of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 993rd most exported product in Italy. The main destination of Bitumen and asphalt exports from Italy are: Uruguay ($3.36M), France ($3.07M), Portugal ($713k), Philippines ($344k), and Slovenia ($165k).

The fastest growing export markets for Bitumen and asphalt of Italy between 2022 and 2023 were Philippines ($344k), Cyprus ($38.9k), and Singapore ($24.9k).

Imports In 2023, Italy imported $279k in Bitumen and asphalt, becoming the 107th largest importer of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 1198th most imported product in Italy. Italy imports Bitumen and asphalt primarily from: Austria ($119k), Netherlands ($76.6k), Albania ($22.8k), Portugal ($16.1k), and Switzerland ($15.6k).

The fastest growing import markets in Bitumen and asphalt for Italy between 2022 and 2023 were Netherlands ($30.8k), Portugal ($16.1k), and Spain ($5.51k).

Latest Trends

October 2024

About

Overview In October 2024 Italy's Bitumen and asphalt exports accounted up to €96k and imports accounted up to €826, resulting in a positive trade balance of €95.1k. Between October 2023 and October 2024 the exports of Italy's   Bitumen and asphalt have decreased by €-1.26k (-1.3%) from €97.2k to €96k, while imports increased by €559 (209%) from €267 to €826.

Destinations In October 2024, Bitumen and asphalt were exported mostly to France (€92.6k) and Austria (€3.41k), and were imported mostly from Germany (€795) and France (€31).

Growth In October 2024, the decrease in Bitumen and asphalt's year-by-year exports was explained primarily by a decrease in exports to . In October 2024, the increase in Bitumen and asphalt's year-by-year imports was explained primarily by an increase in imports from France (€952 or 1.49k%) and Germany (€42 or 70%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)€-1.26k(-1.3%)
IMPORT GROWTH (August 2023 - October 2024)€559(209%)
MAIN DESTINATION (October 2024)France€92.6k

This section shows Bitumen and asphalt's exports and imports data at subnational level for Italy. 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)$7.97M
IMPORTS (2023)$279k
NET TRADE (2023)$7.69M

In 2023, Italy exported $7.97M in Bitumen and asphalt. The main destinations of Italy exports on Bitumen and asphalt were Uruguay ($3.36M), France ($3.07M), Portugal ($713k), Philippines ($344k), and Slovenia ($165k).

In 2023, Italy imported $279k in Bitumen and asphalt, mainly from Austria ($119k), Netherlands ($76.6k), Albania ($22.8k), Portugal ($16.1k), and Switzerland ($15.6k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Bitumen and asphalt EXPORT MARKETS FOR Italy WERE (2022 - 2023):
Philippines$344k (1%)
Cyprus$38.9k (59.6%)
Singapore$24.9k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bitumen and asphalt BY Italy WERE (2022 - 2023):
Egypt-$13.6M (-100%)
France-$11.7M (-79.2%)
Uruguay-$3.8M (-53.1%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Italy's main exporting competitors in Bitumen and asphalt were:
United States $131M
Iraq $114M
Bahrain $52.7M
In 2023, Italy'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 POTENTIALFrance+ $1.1M
TOP IMPORT POTENTIALUnited States+ $45.7k

Bitumen and asphalt’s highest export potential is France. With an export gap of $1.1M.   Bitumen and asphalt’s highest import potential is United States with an import gap of $45.7k.

See methodology.

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