2023
Exports
$3.05MWorld Rnk 45 / 146
Flag Rnk 396 / 1150
2023
PRODUCT COMPLEXITY IN Petroleum Jelly
-0.23Rnk 625 / 1025
2023
Imports
$23.3MWorld Rnk 32 / 209
Flag Rnk 355 / 1192
2023
ECONOMIC COMPLEXITY of Colombia
0.23Rnk 51 / 132

About

Exports In 2023, Colombia exported $3.05M in Petroleum Jelly, making it the 45th largest exporter of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 396th most exported product in Colombia. The main destination of Petroleum Jelly exports from Colombia are: Venezuela ($1.54M), Guatemala ($660k), Bahamas ($312k), Dominican Republic ($215k), and Brazil ($200k).

The fastest growing export markets for Petroleum Jelly of Colombia between 2022 and 2023 were Guatemala ($660k), Bahamas ($312k), and Venezuela ($263k).

Imports In 2023, Colombia imported $23.3M in Petroleum Jelly, becoming the 32nd largest importer of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 355th most imported product in Colombia. Colombia imports Petroleum Jelly primarily from: China ($14.7M), United States ($2.42M), Germany ($2.13M), Turkey ($1.06M), and Netherlands ($586k).

The fastest growing import markets in Petroleum Jelly for Colombia between 2022 and 2023 were Hong Kong ($270k), South Africa ($88.6k), and Netherlands ($57.4k).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Petroleum Jelly. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$3.05M
IMPORTS (2023)$23.3M
NET TRADE (2023)-$20.2M

In 2023, Colombia exported $3.05M in Petroleum Jelly. The main destinations of Colombia exports on Petroleum Jelly were Venezuela ($1.54M), Guatemala ($660k), Bahamas ($312k), Dominican Republic ($215k), and Brazil ($200k).

In 2023, Colombia imported $23.3M in Petroleum Jelly, mainly from China ($14.7M), United States ($2.42M), Germany ($2.13M), Turkey ($1.06M), and Netherlands ($586k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Petroleum Jelly EXPORT MARKETS FOR Colombia WERE (2022 - 2023):
Guatemala$660k (66M%)
Bahamas$312k (1%)
Venezuela$263k (20.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Jelly BY Colombia WERE (2022 - 2023):
Ecuador-$293k (-77.9%)
Peru-$86.8k (-96.8%)
India-$35.8k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Colombia's main exporting competitors in Petroleum Jelly were:
In 2023, Colombia's main importing competitors in Petroleum Jelly were:

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Trade Value of Petroleum Jelly by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $91.7k
TOP IMPORT POTENTIALUnited States+ $1.77M

Petroleum Jelly’s highest export potential is India. With an export gap of $91.7k.   Petroleum Jelly’s highest import potential is United States with an import gap of $1.77M.

See methodology.

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