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2022
Exports $266MWorld Rnk 5 / 146
Flag Rnk 150 / 1198
2022
Destination $26.3M Germany
2021 - 2022
FASTEST GROWING MARKET $26.3MNetherlands
2022
PRODUCT COMPLEXITY IN Petroleum Jelly-0.22Rnk 621 / 1025
2022
Imports $47.1MWorld Rnk 24 / 209
Flag Rnk 529 / 1203
2022
Origin $9.23M Singapore
2021 - 2022
FASTEST GROWING ORIGIN $9.23MSingapore
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $266M in Petroleum Jelly, making it the 5th largest exporter of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 150th most exported product in Malaysia. The main destination of Petroleum Jelly exports from Malaysia are: Germany ($47.7M), Netherlands ($34.3M), Japan ($23.3M), United States ($22.3M), and China ($16.4M).

The fastest growing export markets for Petroleum Jelly of Malaysia between 2021 and 2022 were Netherlands ($26.3M), Germany ($17.4M), and Mexico ($11.6M).

Imports In 2022, Malaysia imported $47.1M in Petroleum Jelly, becoming the 24th largest importer of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 529th most imported product in Malaysia. Malaysia imports Petroleum Jelly primarily from: Singapore ($24.6M), United Arab Emirates ($7.78M), China ($6.34M), Indonesia ($1.46M), and United States ($1.46M).

The fastest growing import markets in Petroleum Jelly for Malaysia between 2021 and 2022 were Singapore ($9.23M), United Arab Emirates ($6.02M), and China ($993k).

Latest Trends

August 2024

About

Overview In August 2024 Malaysia's Petroleum Jelly exports accounted up to MYR69.6M and imports accounted up to MYR20.8M, resulting in a positive trade balance of MYR48.8M. Between August 2023 and August 2024 the exports of Malaysia's   Petroleum Jelly have increased by MYR53M (320%) from MYR16.6M to MYR69.6M, while imports increased by MYR11.5M (124%) from MYR9.28M to MYR20.8M.

Destinations In August 2024, Petroleum Jelly were exported mostly to Italy (MYR13.5M), Netherlands (MYR8.65M), China (MYR8.32M), United States (MYR7.27M), and Japan (MYR7.08M), and were imported mostly from Singapore (MYR12M), China (MYR4.09M), Hong Kong (MYR917k), United States (MYR682k), and France (MYR611k).

Growth In August 2024, the increase in Petroleum Jelly's year-by-year exports was explained primarily by an increase in exports to China (MYR6.43M or 94.2%), Japan (MYR4.03M or 298%), and Mexico (MYR3.53M or 907%). In August 2024, the increase in Petroleum Jelly's year-by-year imports was explained primarily by an increase in imports from Indonesia (MYR728k or 608%), Singapore (MYR192k or 4.03%), and Germany (MYR167k or 2.03k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)MYR53M(320%)
IMPORT GROWTH (August 2023 - August 2024)MYR11.5M(124%)
MAIN DESTINATION (August 2024)ItalyMYR13.5M

This section shows Petroleum Jelly's exports and imports data at subnational level for Malaysia. 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)$266M
IMPORTS (2022)$47.1M
NET TRADE (2022)$219M

In 2022, Malaysia exported $266M in Petroleum Jelly. The main destinations of Malaysia exports on Petroleum Jelly were Germany ($47.7M), Netherlands ($34.3M), Japan ($23.3M), United States ($22.3M), and China ($16.4M).

In 2022, Malaysia imported $47.1M in Petroleum Jelly, mainly from Singapore ($24.6M), United Arab Emirates ($7.78M), China ($6.34M), Indonesia ($1.46M), and United States ($1.46M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Petroleum Jelly EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Netherlands$26.3M (332%)
Germany$17.4M (57.2%)
Mexico$11.6M (368%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Jelly BY Malaysia WERE (2021 - 2022):
United States-$14.6M (-39.5%)
Dominican Republic-$5.95M (-36.8%)
China-$4.84M (-22.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Petroleum Jelly were:
China $1.26B
United States $466M
Germany $381M
In 2022, Malaysia'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 POTENTIALChina+ $5.8M
TOP IMPORT POTENTIALChina+ $4.23M

Petroleum Jelly’s highest export potential is China. With an export gap of $5.8M.   Petroleum Jelly’s highest import potential is China with an import gap of $4.23M.

See methodology.

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