2022
Exports
$30MWorld Rnk 9 / 131
Flag Rnk 526 / 1211
2022
PRODUCT COMPLEXITY IN Bitumen and asphalt
-0.98Rnk 835 / 1025
2022
Imports
$5.09MWorld Rnk 30 / 189
Flag Rnk 937 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $30M in Bitumen and asphalt, making it the 9th largest exporter of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 526th most exported product in Thailand. The main destination of Bitumen and asphalt exports from Thailand are: Philippines ($13.5M), Cambodia ($11.1M), Vietnam ($2.74M), Fiji ($1.26M), and New Zealand ($831k).

The fastest growing export markets for Bitumen and asphalt of Thailand between 2021 and 2022 were Philippines ($12.7M), Fiji ($1.26M), and New Zealand ($831k).

Imports In 2022, Thailand imported $5.09M in Bitumen and asphalt, becoming the 30th largest importer of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 937th most imported product in Thailand. Thailand imports Bitumen and asphalt primarily from: Malaysia ($4.01M), United Arab Emirates ($675k), United States ($252k), Australia ($39k), and India ($26.5k).

The fastest growing import markets in Bitumen and asphalt for Thailand between 2021 and 2022 were Australia ($38.9k), United States ($5.7k), and Japan ($4.25k).

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)$30M
IMPORTS (2022)$5.09M
NET TRADE (2022)$24.9M

In 2022, Thailand exported $30M in Bitumen and asphalt. The main destinations of Thailand exports on Bitumen and asphalt were Philippines ($13.5M), Cambodia ($11.1M), Vietnam ($2.74M), Fiji ($1.26M), and New Zealand ($831k).

In 2022, Thailand imported $5.09M in Bitumen and asphalt, mainly from Malaysia ($4.01M), United Arab Emirates ($675k), United States ($252k), Australia ($39k), and India ($26.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bitumen and asphalt EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Philippines$12.7M (1.48k%)
Fiji$1.26M (1%)
New Zealand$831k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bitumen and asphalt BY Thailand WERE (2021 - 2022):
Cambodia-$8.81M (-44.2%)
Vietnam-$2.27M (-45.3%)
China-$1.92M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Bitumen and asphalt were:
In 2022, Thailand'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 POTENTIALSingapore+ $112k
TOP IMPORT POTENTIALUnited States+ $172k

Bitumen and asphalt’s highest export potential is Singapore. With an export gap of $112k.   Bitumen and asphalt’s highest import potential is United States with an import gap of $172k.

See methodology.

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