2023
Exports
$3.97kWorld Rnk 119 / 146
Flag Rnk 843 / 1002
2023
PRODUCT COMPLEXITY IN Petroleum Jelly
-0.23Rnk 625 / 1025
2023
Imports
$17.6MWorld Rnk 41 / 209
Flag Rnk 250 / 1173
2023
ECONOMIC COMPLEXITY of Ecuador
-0.85Rnk 104 / 132

About

Exports In 2023, Ecuador exported $3.97k in Petroleum Jelly, making it the 119th largest exporter of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 843rd most exported product in Ecuador. The main destination of Petroleum Jelly exports from Ecuador are: Italy ($2.81k), United States ($950), Curaçao ($205), and Panama ($3).

The fastest growing export markets for Petroleum Jelly of Ecuador between 2022 and 2023 were Italy ($2.81k), United States ($950), and Curaçao ($205).

Imports In 2023, Ecuador imported $17.6M in Petroleum Jelly, becoming the 41st largest importer of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 250th most imported product in Ecuador. Ecuador imports Petroleum Jelly primarily from: China ($12.5M), Germany ($1.43M), United States ($1.36M), Mexico ($621k), and India ($580k).

The fastest growing import markets in Petroleum Jelly for Ecuador between 2022 and 2023 were United States ($823k), China ($511k), and Peru ($77.4k).

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)$3.97k
IMPORTS (2023)$17.6M
NET TRADE (2023)-$17.6M

In 2023, Ecuador exported $3.97k in Petroleum Jelly. The main destinations of Ecuador exports on Petroleum Jelly were Italy ($2.81k), United States ($950), Curaçao ($205), and Panama ($3).

In 2023, Ecuador imported $17.6M in Petroleum Jelly, mainly from China ($12.5M), Germany ($1.43M), United States ($1.36M), Mexico ($621k), and India ($580k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Petroleum Jelly EXPORT MARKETS FOR Ecuador WERE (2022 - 2023):
Italy$2.81k (1%)
United States$950 (1%)
Curaçao$205 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Jelly BY Ecuador WERE (2022 - 2023):
Colombia-$229k (-100%)
South Korea-$10.6k (-100%)
China-$6.3k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Ecuador's main exporting competitors in Petroleum Jelly were:
In 2023, Ecuador'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 POTENTIALChina+ $8.32k
TOP IMPORT POTENTIALUnited States+ $583k

Petroleum Jelly’s highest export potential is China. With an export gap of $8.32k.   Petroleum Jelly’s highest import potential is United States with an import gap of $583k.

See methodology.

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