All ProductsPetroleum bitumen

Petroleum bitumen

HS-Code 271320
Country:
Top Exporter· 2024
Top Importer· 2024
Top Producer· 2024
N/A
Export Value· 2024
$12.14B
Import Value· 2024
$13.12B
Production Volume· 2024
N/A

Supply Chain Analysis

78 entities · 2024 · exports

Source Countries

78

Trade Value

$12.14BUSD

Total Quantity

26071.42MKg

Avg per Entity

Locked

Top 5 Concentration

Locked

Value Distribution (Top 5)

Efficiency Quadrant — Unit Price vs Order Value

Premium · Volume Player · Niche · Weak

Premium
Volume Player
Niche
Weak
Canada

Canada

5,096,570,000 Kg 1 shipments $0.42/unit

$2.15B

17.7% share

50.68%

European Union

3,581,146,480 Kg 3 shipments $0.46/unit

$1.66B

13.7% share

55.22%
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Singapore

Singapore

2,818,840,000 Kg 1 shipments $0.43/unit

$1.22B

10.05% share

57.52%
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Market Concentration
Concentrated
Top 5 players52.82%
Top 10 players72.78%

Few dominant players — high dependency risk.

Share Split

Top 5 — 52.82%
Others — 47.2%

Top Exporting Countries

#CountryShareValue1Y Growth3Y GrowthSignal
1
17.70%$2.15B-1.36%+64.90%⚠ Momentum Lost
2
European Union
13.70%$1.66B-10.44%-7.91%📉 Sustained Drop
3
10.05%$1.22B-15.05%+13.16%⚠ Momentum Lost
4
6.19%$0.75B+11.34%-10.83%🔄 Recovering
5
Korea, Rep.
5.18%$0.63B-28.92%-30.02%📉 Sustained Drop

Top Importing Countries

#CountryShareValue1Y Growth3Y GrowthSignal
1
19.19%$2.52B+3.26%+56.08%🐢 Slowing
2
10.74%$1.41B-1.14%+8.65%⚠ Momentum Lost
3
7.81%$1.02B-23.80%+1.51%⚠ Momentum Lost
4
3.63%$0.48B+24.14%-0.85%🔄 Recovering
5
3.45%$0.45B-26.14%+37.64%⚠ Momentum Lost

Value vs YoY Growth

Bubble size = market share · Right + Up = high value, high growth

Suppliers
Buyers

Demand Market Analysis

122 entities · 2024 · imports

Buyer Countries

122

Trade Value

$13.12BUSD

Total Quantity

25372.34MKg

Avg per Entity

Locked

Top 5 Concentration

Locked

Value Distribution (Top 5)

Efficiency Quadrant — Unit Price vs Order Value

Premium · Volume Player · Niche · Weak

Premium
Volume Player
Niche
Weak

United States

5,633,980,000 Kg 1 shipments $0.45/unit

$2.52B

19.19% share

591.56%

China

3,459,305,200 Kg 2 shipments $0.41/unit

$1.41B

10.74% share

431.48%
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India

0 1 shipments

$1.02B

7.81% share

7645.07%
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Market Concentration
Moderate
Top 5 players44.81%
Top 10 players60.6%

Balanced market — moderate negotiation leverage.

Share Split

Top 5 — 44.81%
Others — 55.2%

Global Trade Map

Exports + Imports by country (hover for details)

Color = Export + Import
Higher trade = darker

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