2022
Exports
$245kWorld Rnk 71 / 146
Flag Rnk 445 / 1017
2022
PRODUCT COMPLEXITY IN Petroleum Jelly
-0.22Rnk 621 / 1025
2022
Imports
$15.6MWorld Rnk 46 / 209
Flag Rnk 293 / 1175
2022
ECONOMIC COMPLEXITY of Ecuador
-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $245k in Petroleum Jelly, making it the 71st largest exporter of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 445th most exported product in Ecuador. The main destination of Petroleum Jelly exports from Ecuador are: Colombia ($229k), South Korea ($9.56k), China ($5.67k), Bahamas ($134), and Mexico ($2).

The fastest growing export markets for Petroleum Jelly of Ecuador between 2021 and 2022 were Colombia ($229k), South Korea ($9.56k), and China ($5.67k).

Imports In 2022, Ecuador imported $15.6M in Petroleum Jelly, becoming the 46th largest importer of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 293rd most imported product in Ecuador. Ecuador imports Petroleum Jelly primarily from: China ($10.9M), Germany ($966k), Mexico ($670k), United States ($626k), and Hong Kong ($554k).

The fastest growing import markets in Petroleum Jelly for Ecuador between 2021 and 2022 were China ($2.68M), Hong Kong ($554k), and Colombia ($294k).

Latest Trends

Aug 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 (2022)$245k
IMPORTS (2022)$15.6M
NET TRADE (2022)-$15.3M

In 2022, Ecuador exported $245k in Petroleum Jelly. The main destinations of Ecuador exports on Petroleum Jelly were Colombia ($229k), South Korea ($9.56k), China ($5.67k), Bahamas ($134), and Mexico ($2).

In 2022, Ecuador imported $15.6M in Petroleum Jelly, mainly from China ($10.9M), Germany ($966k), Mexico ($670k), United States ($626k), and Hong Kong ($554k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Petroleum Jelly EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Colombia$229k (37.6k%)
South Korea$9.56k (1%)
China$5.67k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Jelly BY Ecuador WERE (2021 - 2022):
Australia-$38.4k (-100%)
Slovenia-$15.2k (-100%)
Chile-$3.75k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Ecuador's main exporting competitors in Petroleum Jelly were:
In 2022, 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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