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2022
Exports $186kWorld Rnk 66 / 131
Flag Rnk 175 / 665
2022
Destination $109k Bolivia
2021 - 2022
FASTEST GROWING MARKET $109kBolivia
2022
PRODUCT COMPLEXITY IN Bitumen and asphalt-0.98Rnk 835 / 1025
2022
Imports $29.6kWorld Rnk 157 / 189
Flag Rnk 911 / 1063
2022
Origin $29.6k South Africa
2021 - 2022
FASTEST GROWING ORIGIN $29.6kSouth Africa
2022
ECONOMIC COMPLEXITY of Venezuela-0.87Rnk 107 / 133

About

Exports In 2022, Venezuela exported $186k in Bitumen and asphalt, making it the 66th largest exporter of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 175th most exported product in Venezuela. The main destination of Bitumen and asphalt exports from Venezuela are: Bolivia ($163k), Chile ($12.9k), and Panama ($10.7k).

The fastest growing export markets for Bitumen and asphalt of Venezuela between 2021 and 2022 were Bolivia ($109k) and Chile ($974).

Imports In 2022, Venezuela imported $29.6k in Bitumen and asphalt, becoming the 157th largest importer of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 911th most imported product in Venezuela. Venezuela imports Bitumen and asphalt primarily from: South Africa ($29.6k).

The fastest growing import markets in Bitumen and asphalt for Venezuela between 2021 and 2022 were South Africa ($29.6k).

Latest Trends

Mar 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)$186k
IMPORTS (2022)$29.6k
NET TRADE (2022)$157k

In 2022, Venezuela exported $186k in Bitumen and asphalt. The main destinations of Venezuela exports on Bitumen and asphalt were Bolivia ($163k), Chile ($12.9k), and Panama ($10.7k).

In 2022, Venezuela imported $29.6k in Bitumen and asphalt, mainly from South Africa ($29.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bitumen and asphalt EXPORT MARKETS FOR Venezuela WERE (2021 - 2022):
Bolivia$109k (200%)
Chile$974 (8.14%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bitumen and asphalt BY Venezuela WERE (2021 - 2022):
United States-$19.9k (-100%)
Dominican Republic-$13.2k (-100%)
Panama-$4.21k (-28.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Venezuela's main exporting competitors in Bitumen and asphalt were:
Turkey $261M
United States $166M
Spain $70.6M
In 2022, Venezuela's main importing competitors in Bitumen and asphalt were:
Egypt $206M
France $155M
Canada $78.2M

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Trade Value of Bitumen and asphalt by Exporters

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