In 2024, the total global value of asphalt exports reached US$1 billion. Overall, asphalt exports dropped by an average of -35.1% compared to 2020, when shipments totaled $1.55 billion. Year over year, exports also decreased -32.9%, down from $1.5 billion in 2023.

Asphalt (bitumen) is a crucial material in the construction industry, widely used for road surfacing, roofing, and waterproofing applications. The global market for asphalt import is expanding rapidly due to increasing infrastructure development, with several countries leading the import market. According to data from Tendata, here are the world's top 5 countries by asphalt import value in 2023: