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2022
Exports $13.2MWorld Rnk 20 / 131
Flag Rnk 500 / 1200
2022
Destination $2.44k Uruguay
2021 - 2022
FASTEST GROWING MARKET $2.44kKazakhstan
2022
PRODUCT COMPLEXITY IN Bitumen and asphalt-0.98Rnk 835 / 1025
2022
Imports $327kWorld Rnk 101 / 189
Flag Rnk 1109 / 1201
2022
Origin $12.3k United States
2021 - 2022
FASTEST GROWING ORIGIN $12.3kLithuania
2022
ECONOMIC COMPLEXITY of Russia0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $13.2M in Bitumen and asphalt, making it the 20th largest exporter of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 500th most exported product in Russia. The main destination of Bitumen and asphalt exports from Russia are: Uruguay ($13.1M), Kazakhstan ($10.7k), United Kingdom ($1.05k), Luxembourg ($25), and Ukraine ($10).

The fastest growing export markets for Bitumen and asphalt of Russia between 2021 and 2022 were Kazakhstan ($2.44k), United Kingdom ($1.05k), and Luxembourg ($25).

Imports In 2022, Russia imported $327k in Bitumen and asphalt, becoming the 101st largest importer of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 1109th most imported product in Russia. Russia imports Bitumen and asphalt primarily from: United States ($299k), Lithuania ($16.5k), India ($11.2k), and Morocco ($18).

The fastest growing import markets in Bitumen and asphalt for Russia between 2021 and 2022 were Lithuania ($12.3k) and Morocco ($18).

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)$13.2M
IMPORTS (2022)$327k
NET TRADE (2022)$12.8M

In 2022, Russia exported $13.2M in Bitumen and asphalt. The main destinations of Russia exports on Bitumen and asphalt were Uruguay ($13.1M), Kazakhstan ($10.7k), United Kingdom ($1.05k), Luxembourg ($25), and Ukraine ($10).

In 2022, Russia imported $327k in Bitumen and asphalt, mainly from United States ($299k), Lithuania ($16.5k), India ($11.2k), and Morocco ($18).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bitumen and asphalt EXPORT MARKETS FOR Russia WERE (2021 - 2022):
Kazakhstan$2.44k (29.7%)
United Kingdom$1.05k (1%)
Luxembourg$25 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bitumen and asphalt BY Russia WERE (2021 - 2022):
Germany-$6.41M (-100%)
Uruguay-$3.24M (-19.8%)
Turkey-$76.8k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Russia's main exporting competitors in Bitumen and asphalt were:
Turkey $261M
United States $166M
Spain $70.6M
In 2022, Russia'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 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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