2023
Exports
$25.5MWorld Rnk 10 / 125
Flag Rnk 555 / 1212
2023
PRODUCT COMPLEXITY IN Bitumen and asphalt
-0.77Rnk 776 / 1025
2023
Imports
$6.18MWorld Rnk 22 / 188
Flag Rnk 891 / 1212
2023
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 132

About

Exports In 2023, Thailand exported $25.5M in Bitumen and asphalt, making it the 10th largest exporter of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 555th most exported product in Thailand. The main destination of Bitumen and asphalt exports from Thailand are: Cambodia ($13.3M), Philippines ($11.7M), Indonesia ($364k), Burma ($70.5k), and Malaysia ($27.1k).

The fastest growing export markets for Bitumen and asphalt of Thailand between 2022 and 2023 were Cambodia ($1.12M), Indonesia ($318k), and China ($23.9k).

Imports In 2023, Thailand imported $6.18M in Bitumen and asphalt, becoming the 22nd largest importer of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 891st most imported product in Thailand. Thailand imports Bitumen and asphalt primarily from: Malaysia ($2.39M), United States ($1.75M), United Arab Emirates ($1.63M), India ($146k), and Singapore ($91.9k).

The fastest growing import markets in Bitumen and asphalt for Thailand between 2022 and 2023 were United States ($1.39M), United Arab Emirates ($951k), and India ($111k).

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)$25.5M
IMPORTS (2023)$6.18M
NET TRADE (2023)$19.3M

In 2023, Thailand exported $25.5M in Bitumen and asphalt. The main destinations of Thailand exports on Bitumen and asphalt were Cambodia ($13.3M), Philippines ($11.7M), Indonesia ($364k), Burma ($70.5k), and Malaysia ($27.1k).

In 2023, Thailand imported $6.18M in Bitumen and asphalt, mainly from Malaysia ($2.39M), United States ($1.75M), United Arab Emirates ($1.63M), India ($146k), and Singapore ($91.9k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Bitumen and asphalt EXPORT MARKETS FOR Thailand WERE (2022 - 2023):
Cambodia$1.12M (9.19%)
Indonesia$318k (692%)
China$23.9k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bitumen and asphalt BY Thailand WERE (2022 - 2023):
Philippines-$3.43M (-22.6%)
Vietnam-$3.02M (-99.7%)
Fiji-$1.45M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Thailand's main exporting competitors in Bitumen and asphalt were:
In 2023, Thailand's main importing competitors in Bitumen and asphalt were:

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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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