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2023
Exports $33.7MWorld Rnk 23 / 146
Flag Rnk 646 / 1216
2023
Destination $4.32M Netherlands
2022 - 2023
FASTEST GROWING MARKET $4.32MNetherlands
2023
PRODUCT COMPLEXITY IN Petroleum Jelly-0.23Rnk 625 / 1025
2023
Imports $55.6MWorld Rnk 20 / 209
Flag Rnk 592 / 1213
2023
Origin $3.37M France
2022 - 2023
FASTEST GROWING ORIGIN $3.37MUnited Kingdom
2023
ECONOMIC COMPLEXITY of Belgium1.23Rnk 20 / 132

About

Exports In 2023, Belgium exported $33.7M in Petroleum Jelly, making it the 23rd largest exporter of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 646th most exported product in Belgium. The main destination of Petroleum Jelly exports from Belgium are: Netherlands ($16.7M), Germany ($4.42M), France ($2.68M), Poland ($1.98M), and Czechia ($1.41M).

The fastest growing export markets for Petroleum Jelly of Belgium between 2022 and 2023 were Netherlands ($4.32M), Czechia ($499k), and Austria ($300k).

Imports In 2023, Belgium imported $55.6M in Petroleum Jelly, becoming the 20th largest importer of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 592nd most imported product in Belgium. Belgium imports Petroleum Jelly primarily from: France ($12.6M), Netherlands ($12.5M), United Kingdom ($9.9M), Germany ($4.77M), and United States ($4.1M).

The fastest growing import markets in Petroleum Jelly for Belgium between 2022 and 2023 were United Kingdom ($3.37M), France ($3.23M), and Singapore ($2.72M).

Latest Trends

November 2024

About

Overview In November 2024 Belgium's Petroleum Jelly exports accounted up to €1.99M and imports accounted up to €4.26M, resulting in a negative trade balance of €2.27M. Between November 2023 and November 2024 the exports of Belgium's   Petroleum Jelly have increased by €953k (92.1%) from €1.03M to €1.99M, while imports increased by €1.84M (76.1%) from €2.42M to €4.26M.

Destinations In November 2024, Petroleum Jelly were exported mostly to Germany (€586k), Netherlands (€296k), Italy (€193k), India (€191k), and Austria (€188k), and were imported mostly from United Kingdom (€1.8M), Germany (€881k), Netherlands (€788k), United States (€351k), and Spain (€178k).

Growth In November 2024, the increase in Petroleum Jelly's year-by-year exports was explained primarily by an increase in exports to Germany (€255k or 90.8%), Romania (€95.3k or 160%), and Italy (€79.7k or 480%). In November 2024, the increase in Petroleum Jelly's year-by-year imports was explained primarily by an increase in imports from France (€925k or 1.68k%), United Kingdom (€468k or 51.5%), and Italy (€170k or 455%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€953k(92.1%)
IMPORT GROWTH (November 2023 - November 2024)€1.84M(76.1%)
MAIN DESTINATION (November 2024)Germany€586k

This section shows Petroleum Jelly's exports and imports data at subnational level for Belgium. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Petroleum Jelly over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$33.7M
IMPORTS (2023)$55.6M
NET TRADE (2023)-$21.8M

In 2023, Belgium exported $33.7M in Petroleum Jelly. The main destinations of Belgium exports on Petroleum Jelly were Netherlands ($16.7M), Germany ($4.42M), France ($2.68M), Poland ($1.98M), and Czechia ($1.41M).

In 2023, Belgium imported $55.6M in Petroleum Jelly, mainly from France ($12.6M), Netherlands ($12.5M), United Kingdom ($9.9M), Germany ($4.77M), and United States ($4.1M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Petroleum Jelly EXPORT MARKETS FOR Belgium WERE (2022 - 2023):
Netherlands$4.32M (35%)
Czechia$499k (54.7%)
Austria$300k (207%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Jelly BY Belgium WERE (2022 - 2023):
France-$6.39M (-70.4%)
Italy-$3.16M (-89.9%)
Germany-$818k (-15.6%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Belgium's main exporting competitors in Petroleum Jelly were:
China $1.06B
United States $389M
Germany $347M
In 2023, Belgium's main importing competitors in Petroleum Jelly were:
United States $329M
Canada $299M
Netherlands $285M

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Trade Value of Petroleum Jelly by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $6.06M
TOP IMPORT POTENTIALGermany+ $5.28M

Petroleum Jelly’s highest export potential is Germany. With an export gap of $6.06M.   Petroleum Jelly’s highest import potential is Germany with an import gap of $5.28M.

See methodology.

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