Petroleum Jelly in Spain | The Observatory of Economic Complexity

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Exports In 2022, Spain exported $253M in Petroleum Jelly, making it the 6th largest exporter of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 295th most exported product in Spain. The main destination of Petroleum Jelly exports from Spain are: Canada ($145M), Portugal ($17.3M), Netherlands ($14.3M), United States ($10.1M), and Italy ($9.92M).

The fastest growing export markets for Petroleum Jelly of Spain between 2021 and 2022 were Canada ($69.8M), Netherlands ($5.59M), and United States ($4.34M).

Imports In 2022, Spain imported $103M in Petroleum Jelly, becoming the 11th largest importer of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 520th most imported product in Spain. Spain imports Petroleum Jelly primarily from: China ($40.5M), Germany ($13.2M), Netherlands ($9.2M), United States ($8.25M), and Japan ($7.44M).

The fastest growing import markets in Petroleum Jelly for Spain between 2021 and 2022 were China ($10.5M), Japan ($7.32M), and Netherlands ($5.75M).

COMPANIES In 2023, leading companies such as VOLKSWAGEN GROUP OF AMERICA (451) were at the forefront of shipping Petroleum Jelly from Spain to the United States.

Latest Trends

January 2024

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Overview In January 2024 Spain's Petroleum Jelly exports accounted up to €6.93M and imports accounted up to €5.09M, resulting in a positive trade balance of €1.84M. Between January 2023 and January 2024 the exports of Spain's Petroleum Jelly have increased by €838k (13.8%) from €6.09M to €6.93M, while imports increased by €997k (24.4%) from €4.09M to €5.09M.

Destinations In January 2024, Petroleum Jelly were exported mostly to United States (€1.05M), Portugal (€837k), India (€749k), Turkey (€687k), and Italy (€638k), and were imported mostly from China (€1.51M), Germany (€830k), France (€699k), Netherlands (€651k), and United States (€437k).

Growth In January 2024, the increase in Petroleum Jelly's year-by-year exports was explained primarily by an increase in exports to India (€222k or 58.5%), Poland (€217k or 362%), and Germany (€93.9k or 54.6%). In January 2024, the increase in Petroleum Jelly's year-by-year imports was explained primarily by an increase in imports from Italy (€417k or 120%), United States (€119k or 27.1%), and Turkey (€104k or 127%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)€838k(13.8%)

IMPORT GROWTH (January 2023 - January 2024)€997k(24.4%)

MAIN EXPORTER (January 2024)Madrid€3.08M

MAIN DESTINATION (January 2024)United States€1.05M

This section shows Petroleum Jelly's exports and imports data at subnational level for Spain. 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

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$253M

IMPORTS (2022)$103M

NET TRADE (2022)$150M

In 2022, Spain exported $253M in Petroleum Jelly. The main destinations of Spain exports on Petroleum Jelly were Canada ($145M), Portugal ($17.3M), Netherlands ($14.3M), United States ($10.1M), and Italy ($9.92M).

In 2022, Spain imported $103M in Petroleum Jelly, mainly from China ($40.5M), Germany ($13.2M), Netherlands ($9.2M), United States ($8.25M), and Japan ($7.44M).

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