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2023
Exports $2.61MWorld Rnk 38 / 125
Flag Rnk 714 / 1200
2023
Destination $1.42M Panama
2022 - 2023
FASTEST GROWING MARKET $1.42MPanama
2023
PRODUCT COMPLEXITY IN Bitumen and asphalt-0.77Rnk 776 / 1025
2023
Imports $237kWorld Rnk 112 / 188
Flag Rnk 1102 / 1186
2023
Origin $226k India
2022 - 2023
FASTEST GROWING ORIGIN $226kIndia
2023
ECONOMIC COMPLEXITY of Russia0.3Rnk 50 / 132

About

Exports In 2023, Russia exported $2.61M in Bitumen and asphalt, making it the 38th largest exporter of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 714th most exported product in Russia. The main destination of Bitumen and asphalt exports from Russia are: Panama ($1.42M), Uruguay ($1.2M), Kazakhstan ($247), and United Arab Emirates ($198).

The fastest growing export markets for Bitumen and asphalt of Russia between 2022 and 2023 were Panama ($1.42M) and United Arab Emirates ($198).

Imports In 2023, Russia imported $237k in Bitumen and asphalt, becoming the 112th largest importer of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 1102nd most imported product in Russia. Russia imports Bitumen and asphalt primarily from: India ($237k).

The fastest growing import markets in Bitumen and asphalt for Russia between 2022 and 2023 were India ($226k).

Latest Trends

Dec 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 (2023)$2.61M
IMPORTS (2023)$237k
NET TRADE (2023)$2.38M

In 2023, Russia exported $2.61M in Bitumen and asphalt. The main destinations of Russia exports on Bitumen and asphalt were Panama ($1.42M), Uruguay ($1.2M), Kazakhstan ($247), and United Arab Emirates ($198).

In 2023, Russia imported $237k in Bitumen and asphalt, mainly from India ($237k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Bitumen and asphalt EXPORT MARKETS FOR Russia WERE (2022 - 2023):
Panama$1.42M (1%)
United Arab Emirates$198 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bitumen and asphalt BY Russia WERE (2022 - 2023):
Uruguay-$13.9M (-92.1%)
Kazakhstan-$11.6k (-97.9%)
United Kingdom-$1.18k (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Russia's main exporting competitors in Bitumen and asphalt were:
United States $131M
Iraq $114M
Bahrain $52.7M
In 2023, Russia'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 POTENTIALKazakhstan+ $12.8k
TOP IMPORT POTENTIALUnited States+ $77.2k

Bitumen and asphalt’s highest export potential is Kazakhstan. With an export gap of $12.8k.   Bitumen and asphalt’s highest import potential is United States with an import gap of $77.2k.

See methodology.

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