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271500 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.73BRnk 1559 / 4644
2023
Top Exporter | Top Importer $438M | $279MJapan | United Kingdom
2023
Product Complexity -1.22Rnk 4022 / 4656
2022 - 2023
Export Growth (CAGR) -25.7%Rnk 4045 / 4644
2023
Share of World Trade 0.0076%Rnk 1559 / 4644

About

Overview This page contains the latest trade data of Bituminous mix, mastic from asphalt, bitumen/tar/pitc. In 2023, Bituminous mix, mastic from asphalt, bitumen/tar/pitc were the world's 1559th most traded product, with a total trade of $1.73B. Between 2022 and 2023 the exports of Bituminous mix, mastic from asphalt, bitumen/tar/pitc decreased by -25.7%, from $2.33B to $1.73B. Trade in Bituminous mix, mastic from asphalt, bitumen/tar/pitc represent 0.0076% of total world trade.

Bituminous mix, mastic from asphalt, bitumen/tar/pitc are a part of Asphalt Mixtures.

Exports In 2023 the top exporters of Bituminous mix, mastic from asphalt, bitumen/tar/pitc  were Japan ($438M), United States ($187M), Canada ($122M), Togo ($105M), and Germany ($96.5M).

Imports In 2023 the top importers of Bituminous mix, mastic from asphalt, bitumen/tar/pitc were United Kingdom ($279M), United States ($188M), Malaysia ($117M), Mexico ($84.4M), and Netherlands ($68.5M).

Ranking Bituminous mix, mastic from asphalt, bitumen/tar/pitc ranks 4022nd in the Product Complexity Index (PCI).

Description Bituminous mix is a mix of sand, gravel, tar, and asphalt. It is used on high-traffic roads and parking lots. Mastic from asphalt is a mixture of asphalt and tar. It is used on lower-traffic roads and parking lots. Bitumen/tar/pitc is a black, sticky liquid that is used for paving roads. It is also used to make asphalt.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Bituminous mix, mastic from asphalt, bitumen/tar/pitc. 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)Japan$438M
Top Destination (2023)United Kingdom$279M

In 2023 Bituminous mix, mastic from asphalt, bitumen/tar/pitc were the world's 1559th most traded product (out of 4,644).

In 2023, the top exporters of Bituminous mix, mastic from asphalt, bitumen/tar/pitc were Japan ($438M), United States ($187M), Canada ($122M), Togo ($105M), and Germany ($96.5M).

In 2023, the top importers of Bituminous mix, mastic from asphalt, bitumen/tar/pitc were United Kingdom ($279M), United States ($188M), Malaysia ($117M), Mexico ($84.4M), and Netherlands ($68.5M).

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Exporters of Bituminous mix, mastic from asphalt, bitumen/tar/pitc (2023)
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Importers of Bituminous mix, mastic from asphalt, bitumen/tar/pitc (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$45.8M
Top Destination Growth (2022 -  2023)Dominican Republic$49.8M

Between 2022 and 2023, the exports of Bituminous mix, mastic from asphalt, bitumen/tar/pitc grew the fastest in United States ($45.8M), Kazakhstan ($24.1M), Colombia ($16.2M), Togo ($15.8M), and United Arab Emirates ($10.3M).

Between 2022 and 2023, the fastest growing importers of Bituminous mix, mastic from asphalt, bitumen/tar/pitc were Dominican Republic ($49.8M), New Zealand ($13.9M), Turkey ($13M), Portugal ($11M), and Uzbekistan ($8.75M).

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Exporters of Bituminous mix, mastic from asphalt, bitumen/tar/pitc (2022 - 2023)

Importers of Bituminous mix, mastic from asphalt, bitumen/tar/pitc (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Bituminous mix, mastic from asphalt, bitumen/tar/pitc.

In 2023, market concentration measured using Shannon Entropy, was 4.44. This means that most of the exports of Bituminous mix, mastic from asphalt, bitumen/tar/pitc are explained by 21 countries.

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Value of Exports in Bituminous mix, mastic from asphalt, bitumen/tar/pitc

Net Trade

TOP NET EXPORTER (2023)Japan$420M
TOP NET IMPORTER (2023)United Kingdom$258M

This map shows which countries export or import more of Bituminous mix, mastic from asphalt, bitumen/tar/pitc. Each country is colored based on the difference in exports and imports of Bituminous mix, mastic from asphalt, bitumen/tar/pitc during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Bituminous mix, mastic from asphalt, bitumen/tar/pitc were Japan ($420M), Togo ($105M), Canada ($83.5M), Spain ($78.1M), and Germany ($65.6M).

In 2023, the countries that had a largest trade value in imports than in exports of Bituminous mix, mastic from asphalt, bitumen/tar/pitc were United Kingdom ($258M), Malaysia ($92.4M), Mexico ($83.2M), Chile ($59.2M), and Brazil ($57.7M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Bituminous mix, mastic from asphalt, bitumen/tar/pitc.
It is possible to select the main countries that export or import Bituminous mix, mastic from asphalt, bitumen/tar/pitc in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Bituminous mix, mastic from asphalt, bitumen/tar/pitc 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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