2022
Exports
$1.33kWorld Rnk 112 / 131
Flag Rnk 981 / 1074
2022
PRODUCT COMPLEXITY IN Bitumen and asphalt
-0.98Rnk 835 / 1025
2022
Imports
$6.53kWorld Rnk 174 / 189
Flag Rnk 1112 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $1.33k in Bitumen and asphalt, making it the 112th largest exporter of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 981st most exported product in Sri Lanka. The main destination of Bitumen and asphalt exports from Sri Lanka are: Maldives ($1.32k), Czechia ($9), and Singapore ($2).

The fastest growing export markets for Bitumen and asphalt of Sri Lanka between 2021 and 2022 were Maldives ($1.14k), Czechia ($9), and Singapore ($2).

Imports In 2022, Sri Lanka imported $6.53k in Bitumen and asphalt, becoming the 174th largest importer of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 1112th most imported product in Sri Lanka. Sri Lanka imports Bitumen and asphalt primarily from: United Arab Emirates ($3.17k), Indonesia ($2.8k), Italy ($532), and Spain ($25).

The fastest growing import markets in Bitumen and asphalt for Sri Lanka between 2021 and 2022 were United Arab Emirates ($1.19k), Italy ($532), and Spain ($25).

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)$1.33k
IMPORTS (2022)$6.53k
NET TRADE (2022)-$5.19k

In 2022, Sri Lanka exported $1.33k in Bitumen and asphalt. The main destinations of Sri Lanka exports on Bitumen and asphalt were Maldives ($1.32k), Czechia ($9), and Singapore ($2).

In 2022, Sri Lanka imported $6.53k in Bitumen and asphalt, mainly from United Arab Emirates ($3.17k), Indonesia ($2.8k), Italy ($532), and Spain ($25).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bitumen and asphalt EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
Maldives$1.14k (619%)
Czechia$9 (1%)
Singapore$2 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bitumen and asphalt BY Sri Lanka WERE (2021 - 2022):United Kingdom-$453 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Sri Lanka's main exporting competitors in Bitumen and asphalt were:
In 2022, Sri Lanka's main importing competitors in Bitumen and asphalt were:
Egypt $206M
Canada $78.2M

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Trade Value of Bitumen and asphalt by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $353
TOP IMPORT POTENTIALUnited Arab Emirates+ $1.7k

Bitumen and asphalt’s highest export potential is China. With an export gap of $353.   Bitumen and asphalt’s highest import potential is United Arab Emirates with an import gap of $1.7k.

See methodology.

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