Petroleum Jelly in Canada 2020 Exports | Imports : $103M | $163M, World Rnk 8 / 135 Rnk 342 / 1208 | World Rnk 5 / 201 Rnk 378 / 1213
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $1.34M | $2.12M, Germany | United Kingdom
2020 ECONOMIC COMPLEXITY of Canada: 0.93, Rnk 29 / 127
2020 PRODUCT COMPLEXITY IN Petroleum Jelly: -0.16, Rnk 593 / 1029
Exports In 2020, Canada exported $103M in Petroleum Jelly, making it the 8th largest exporter of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 342nd most exported product in Canada. The main destination of Petroleum Jelly exports from Canada are: United States ($97.9M), Germany ($1.63M), Czechia ($603k), China ($588k), and Netherlands ($245k).
The fastest growing export markets for Petroleum Jelly of Canada between 2019 and 2020 were Germany ($1.34M), Czechia ($481k), and Netherlands ($110k).
Imports In 2020, Canada imported $163M in Petroleum Jelly, becoming the 5th largest importer of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 378th most imported product in Canada. Canada imports Petroleum Jelly primarily from: United States ($135M), Greece ($10.9M), United Kingdom ($5.43M), Thailand ($3.52M), and China ($3.05M).
The fastest growing import markets in Petroleum Jelly for Canada between 2019 and 2020 were United Kingdom ($2.12M), Greece ($1.8M), and Japan ($1.44M).
Tariffs In 2018, the average tariff for Canada in Petroleum Jelly was 0.93%. The countries with the highest import tariffs for Petroleum Jelly were Botswana (Most Favoured Nation duty rate treatement, 2.33%), Algeria (Most Favoured Nation duty rate treatement, 2.33%), Western Sahara (Most Favoured Nation duty rate treatement, 2.33%), Gabon (Most Favoured Nation duty rate treatement, 2.33%), and Equatorial Guinea (Most Favoured Nation duty rate treatement, 2.33%).
December 2022
Overview In December 2022 Canada's Petroleum Jelly exports accounted up to C$12.1M and imports accounted up to C$42.3M, resulting in a negative trade balance of C$30.2M. Between December 2021 and December 2022 the exports of Canada's Petroleum Jelly have increased by C$323k (2.75%) from C$11.7M to C$12.1M, while imports decreased by C$-3.28M (-7.2%) from C$45.5M to C$42.3M.
Destinations In December 2022, Petroleum Jelly were exported mostly to United States (C$11.3M), Netherlands (C$300k), Czechia (C$173k), Japan (C$90.2k), and China (C$75.9k), and were imported mostly from Spain (C$22.2M), United States (C$19.5M), China (C$164k), Japan (C$154k), and Norway (C$90.1k).
Growth In December 2022, the increase in Petroleum Jelly's year-by-year exports was explained primarily by an increase in exports to United States (C$3.43M or 37.2%), India (C$129k or 251%), and Israel (C$11.4k or 29.7%). In December 2022, the decrease in Petroleum Jelly's year-by-year imports was explained primarily by a decrease in imports from China (C$-173k or -28.8%), India (C$-95.1k or -92.5%), and France (C$-71.2k or -94.7%).
EXPORT GROWTH (December 2021 - December 2022): C$323k, (2.75%)
IMPORT GROWTH (December 2021 - December 2022): C$-3.28M, (-7.2%)
MAIN EXPORTER (December 2022): Ontario, C$12M
MAIN DESTINATION (December 2022): United States, C$11.3M
This section shows Petroleum Jelly's exports and imports data at subnational level for Canada. 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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EXPORTS (2020): $103M
IMPORTS (2020): $163M
NET TRADE (2020): -$60.5M
In 2020, Canada exported $103M in Petroleum Jelly. The main destinations of Canada exports on Petroleum Jelly were United States ($97.9M), Germany ($1.63M), Czechia ($603k), China ($588k), and Netherlands ($245k).
In 2020, Canada imported $163M in Petroleum Jelly, mainly from United States ($135M), Greece ($10.9M), United Kingdom ($5.43M), Thailand ($3.52M), and China ($3.05M).
THE FASTEST GROWING Petroleum Jelly EXPORT MARKETS FOR Canada WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Jelly BY Canada WERE (2019 - 2020):
In 2020, Canada's main exporting competitors in Petroleum Jelly were:
In 2020, Canada's main importing competitors in Petroleum Jelly were:
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