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2022
Exports $1.26BWorld Rnk 1 / 146
Flag Rnk 391 / 1216
2022
Destination $35M Mexico
2021 - 2022
FASTEST GROWING MARKET $35MPoland
2022
PRODUCT COMPLEXITY IN Petroleum Jelly-0.22Rnk 621 / 1025
2022
Imports $100MWorld Rnk 13 / 209
Flag Rnk 652 / 1212
2022
Origin $2.71M Germany
2021 - 2022
FASTEST GROWING ORIGIN $2.71MUnited States
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $1.26B in Petroleum Jelly, making it the 1st largest exporter of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 391st most exported product in China. The main destination of Petroleum Jelly exports from China are: Mexico ($253M), United States ($144M), Poland ($86.1M), Vietnam ($73.3M), and Netherlands ($57.5M).

The fastest growing export markets for Petroleum Jelly of China between 2021 and 2022 were Poland ($35M), Italy ($30.6M), and Burma ($26M).

Imports In 2022, China imported $100M in Petroleum Jelly, becoming the 13th largest importer of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 652nd most imported product in China. China imports Petroleum Jelly primarily from: Germany ($16.9M), Malaysia ($16.4M), United States ($13.6M), United Arab Emirates ($9.16M), and Japan ($7.51M).

The fastest growing import markets in Petroleum Jelly for China between 2021 and 2022 were United States ($2.71M), Canada ($342k), and Japan ($327k).

COMPANIES In 2023, leading companies such as CrimsonLogic (37), Wismettac Asian Foods (8), and Walong Marketing (5) were at the forefront of shipping Petroleum Jelly from China to the United States.

Latest Trends

September 2024

About

Overview In September 2024 China's Petroleum Jelly exports accounted up to $90M and imports accounted up to $12M, resulting in a positive trade balance of $78M. Between September 2023 and September 2024 the exports of China's   Petroleum Jelly have increased by $14.3M (18.9%) from $75.7M to $90M, while imports increased by $3.93M (48.6%) from $8.08M to $12M.

Destinations In September 2024, Petroleum Jelly were exported mostly to Mexico ($18.1M), United States ($14M), Vietnam ($8.19M), Spain ($5.52M), and Poland ($4.79M), and were imported mostly from United Arab Emirates ($2.65M), Malaysia ($2.55M), Germany ($1.49M), South Korea ($1.31M), and Japan ($829k).

Growth In September 2024, the increase in Petroleum Jelly's year-by-year exports was explained primarily by an increase in exports to Netherlands ($5.27M or 596%), Guatemala ($2.52M or 519%), and South Africa ($2.51M or 1.53k%). In September 2024, the increase in Petroleum Jelly's year-by-year imports was explained primarily by an increase in imports from South Africa ($535k or 848%), Germany ($424k or 37.9%), and United Kingdom ($171k or 791%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$14.3M(18.9%)
IMPORT GROWTH (September 2023 - September 2024)$3.93M(48.6%)
MAIN EXPORTER (September 2024)Liaoning Province$42.1M
MAIN DESTINATION (September 2024)Mexico$18.1M

This section shows Petroleum Jelly's exports and imports data at subnational level for China. 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 (2022)$1.26B
IMPORTS (2022)$100M
NET TRADE (2022)$1.16B

In 2022, China exported $1.26B in Petroleum Jelly. The main destinations of China exports on Petroleum Jelly were Mexico ($253M), United States ($144M), Poland ($86.1M), Vietnam ($73.3M), and Netherlands ($57.5M).

In 2022, China imported $100M in Petroleum Jelly, mainly from Germany ($16.9M), Malaysia ($16.4M), United States ($13.6M), United Arab Emirates ($9.16M), and Japan ($7.51M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Petroleum Jelly EXPORT MARKETS FOR China WERE (2021 - 2022):
Poland$35M (68.6%)
Italy$30.6M (149%)
Burma$26M (118%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Jelly BY China WERE (2021 - 2022):
Vietnam-$18.1M (-19.8%)
Brazil-$15.3M (-29.6%)
India-$2.48M (-10.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Petroleum Jelly were:
United States $466M
Germany $381M
In 2022, China's main importing competitors in Petroleum Jelly were:
United States $522M
Germany $447M
Canada $398M

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Trade Value of Petroleum Jelly by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $30.3M
TOP IMPORT POTENTIALMalaysia+ $5.8M

Petroleum Jelly’s highest export potential is India. With an export gap of $30.3M.   Petroleum Jelly’s highest import potential is Malaysia with an import gap of $5.8M.

See methodology.

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