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680790 (Harmonized System 1992 for 6-digit)

2023
World Trade $875MRnk 2265 / 4644
2023
Top Exporter | Top Importer $295M | $289MCanada | United States
2023
Product Complexity 0.11Rnk 2358 / 4656
2022 - 2023
Export Growth (CAGR) 0.025%Rnk 1546 / 4644
2023
Share of World Trade 0.0039%Rnk 2265 / 4644

About

Overview This page contains the latest trade data of Asphalt or similar material articles not in rolls. In 2023, Asphalt or similar material articles not in rolls were the world's 2265th most traded product, with a total trade of $875M. Between 2022 and 2023 the exports of Asphalt or similar material articles not in rolls grew by 0.025%, from $875M to $875M. Trade in Asphalt or similar material articles not in rolls represent 0.0039% of total world trade.

Asphalt or similar material articles not in rolls are a part of Asphalt.

Exports In 2023 the top exporters of Asphalt or similar material articles not in rolls  were Canada ($295M), United States ($257M), South Korea ($31.8M), Slovakia ($30.2M), and Poland ($27.4M).

Imports In 2023 the top importers of Asphalt or similar material articles not in rolls were United States ($289M), Canada ($217M), Japan ($27.5M), Philippines ($24.5M), and Czechia ($19.1M).

Ranking Asphalt or similar material articles not in rolls ranks 2358th in the Product Complexity Index (PCI).

Description Asphalt is a heavily refined petroleum product that is often used to pave roads and create parking lots.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Asphalt or similar material articles not in rolls. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)Canada$295M
Top Destination (2023)United States$289M

In 2023 Asphalt or similar material articles not in rolls were the world's 2265th most traded product (out of 4,644).

In 2023, the top exporters of Asphalt or similar material articles not in rolls were Canada ($295M), United States ($257M), South Korea ($31.8M), Slovakia ($30.2M), and Poland ($27.4M).

In 2023, the top importers of Asphalt or similar material articles not in rolls were United States ($289M), Canada ($217M), Japan ($27.5M), Philippines ($24.5M), and Czechia ($19.1M).

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Exporters of Asphalt or similar material articles not in rolls (2023)
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Importers of Asphalt or similar material articles not in rolls (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Canada$61.3M
Top Destination Growth (2022 -  2023)United States$62.8M

Between 2022 and 2023, the exports of Asphalt or similar material articles not in rolls grew the fastest in Canada ($61.3M), United Arab Emirates ($14.8M), China ($5.97M), South Korea ($5.38M), and France ($2.84M).

Between 2022 and 2023, the fastest growing importers of Asphalt or similar material articles not in rolls were United States ($62.8M), Philippines ($12.6M), Brazil ($2.73M), Ukraine ($2.7M), and Spain ($2.59M).

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Exporters of Asphalt or similar material articles not in rolls (2022 - 2023)

Importers of Asphalt or similar material articles not in rolls (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Asphalt or similar material articles not in rolls.

In 2023, market concentration measured using Shannon Entropy, was 3.22. This means that most of the exports of Asphalt or similar material articles not in rolls are explained by 9 countries.

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Value of Exports in Asphalt or similar material articles not in rolls

Net Trade

TOP NET EXPORTER (2023)Canada$78.3M
TOP NET IMPORTER (2023)United States$31.6M

This map shows which countries export or import more of Asphalt or similar material articles not in rolls. Each country is colored based on the difference in exports and imports of Asphalt or similar material articles not in rolls during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Asphalt or similar material articles not in rolls were Canada ($78.3M), South Korea ($30.4M), Slovakia ($27.4M), Poland ($21M), and United Arab Emirates ($18.2M).

In 2023, the countries that had a largest trade value in imports than in exports of Asphalt or similar material articles not in rolls were United States ($31.6M), Japan ($27.2M), Philippines ($24.5M), Czechia ($18M), and Indonesia ($16.5M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Asphalt or similar material articles not in rolls.
It is possible to select the main countries that export or import Asphalt or similar material articles not in rolls in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Asphalt or similar material articles not in rolls by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

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