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2023
Exports $228kWorld Rnk 64 / 125
Flag Rnk 165 / 650
falsefalse Bolivia
2022 - 2023
FASTEST GROWING MARKETfalsePanama
2023
PRODUCT COMPLEXITY IN Bitumen and asphalt-0.77Rnk 776 / 1025
2023
Imports $29.6kWorld Rnk 0 / 0
Flag Rnk 0 / 0
2022 - 2023
FASTEST GROWING ORIGINfalsefalse
2023
ECONOMIC COMPLEXITY of Venezuela-0.82Rnk 100 / 132

About

Exports In 2023, Venezuela exported $228k in Bitumen and asphalt, making it the 64th largest exporter of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 165th most exported product in Venezuela. The main destination of Bitumen and asphalt exports from Venezuela are: Bolivia ($172k), Panama ($35.5k), Colombia ($10.3k), and Dominican Republic ($9.79k).

The fastest growing export markets for Bitumen and asphalt of Venezuela between 2022 and 2023 were Panama ($23.5k), Colombia ($10.3k), and Dominican Republic ($9.79k).

Imports In 2022, Venezuela imported $29.6k in Bitumen and asphalt, becoming the 0th largest importer of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 0th most imported product in Venezuela. Venezuela imports Bitumen and asphalt primarily from: N/A.

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)$228k
IMPORTS (2022)$29.6k
NET TRADE (2023)$228k

In 2023, Venezuela exported $228k in Bitumen and asphalt. The main destinations of Venezuela exports on Bitumen and asphalt were Bolivia ($172k), Panama ($35.5k), Colombia ($10.3k), and Dominican Republic ($9.79k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Bitumen and asphalt EXPORT MARKETS FOR Venezuela WERE (2022 - 2023):
Panama$23.5k (197%)
Colombia$10.3k (1%)
Dominican Republic$9.79k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bitumen and asphalt BY Venezuela WERE (2022 - 2023):
Chile-$14.7k (-100%)
Bolivia-$11.3k (-6.17%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Venezuela's main exporting competitors in Bitumen and asphalt were:
United States $131M
Iraq $114M
Bahrain $52.7M
In 2023, Venezuela'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
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N/A
N/AN/A
N/AN/A

Bitumen and asphalt’s highest export potential is N/A. With an export gap of N/A.   Bitumen and asphalt’s highest import potential is N/A with an import gap of N/A.

See methodology.

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