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2022
Exports $492kWorld Rnk 64 / 146
Flag Rnk 670 / 1127
2022
Destination $11.9k Japan
2021 - 2022
FASTEST GROWING MARKET $11.9kThailand
2022
PRODUCT COMPLEXITY IN Petroleum Jelly-0.22Rnk 621 / 1025
2022
Imports $25MWorld Rnk 34 / 209
Flag Rnk 532 / 1201
2022
Origin $3.57M China
2021 - 2022
FASTEST GROWING ORIGIN $3.57MChina
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $492k in Petroleum Jelly, making it the 64th largest exporter of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 670th most exported product in Philippines. The main destination of Petroleum Jelly exports from Philippines are: Japan ($420k), United States ($51k), Thailand ($12.6k), Pakistan ($8.87k), and India ($232).

The fastest growing export markets for Petroleum Jelly of Philippines between 2021 and 2022 were Thailand ($11.9k), Pakistan ($8.87k), and India ($154).

Imports In 2022, Philippines imported $25M in Petroleum Jelly, becoming the 34th largest importer of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 532nd most imported product in Philippines. Philippines imports Petroleum Jelly primarily from: China ($20.2M), United States ($1.85M), India ($685k), Malaysia ($503k), and Japan ($458k).

The fastest growing import markets in Petroleum Jelly for Philippines between 2021 and 2022 were China ($3.57M), United States ($720k), and India ($184k).

Latest Trends

August 2024

About

Overview In August 2024 Philippines' Petroleum Jelly exports accounted up to $6.05k and imports accounted up to $1.24M, resulting in a negative trade balance of $1.23M. Between August 2023 and August 2024 the exports of Philippines'   Petroleum Jelly have decreased by $-52.4k (-89.7%) from $58.4k to $6.05k, while imports increased by $846k (215%) from $393k to $1.24M.

Destinations In August 2024, Petroleum Jelly were exported mostly to United States ($4.22k), Thailand ($1.28k), Japan ($498), and Russia ($52), and were imported mostly from United States ($481k), Netherlands ($376k), China ($324k), Japan ($49.8k), and Chinese Taipei ($7.91k).

Growth In August 2024, the decrease in Petroleum Jelly's year-by-year exports was explained primarily by a decrease in exports to Japan ($-30.2k or -58.8%). In August 2024, the increase in Petroleum Jelly's year-by-year imports was explained primarily by an increase in imports from France ($82.9k or 114k%), United States ($76.4k or 80.6%), and Chinese Taipei ($3.97k or 99.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$-52.4k(-89.7%)
IMPORT GROWTH (August 2023 - August 2024)$846k(215%)
MAIN DESTINATION (August 2024)United States$4.22k

This section shows Petroleum Jelly's exports and imports data at subnational level for Philippines. 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)$492k
IMPORTS (2022)$25M
NET TRADE (2022)-$24.5M

In 2022, Philippines exported $492k in Petroleum Jelly. The main destinations of Philippines exports on Petroleum Jelly were Japan ($420k), United States ($51k), Thailand ($12.6k), Pakistan ($8.87k), and India ($232).

In 2022, Philippines imported $25M in Petroleum Jelly, mainly from China ($20.2M), United States ($1.85M), India ($685k), Malaysia ($503k), and Japan ($458k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Petroleum Jelly EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Thailand$11.9k (1.81k%)
Pakistan$8.87k (1%)
India$154 (197%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Jelly BY Philippines WERE (2021 - 2022):
United States-$37.2k (-42.2%)
Japan-$10k (-2.34%)
Vietnam-$2.87k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Petroleum Jelly were:
China $1.26B
United States $466M
Germany $381M
In 2022, Philippines'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 POTENTIALUnited States+ $523
TOP IMPORT POTENTIALChina+ $1.55M

Petroleum Jelly’s highest export potential is United States. With an export gap of $523.   Petroleum Jelly’s highest import potential is China with an import gap of $1.55M.

See methodology.

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