2023
Exports
$2.78MWorld Rnk 46 / 146
Flag Rnk 504 / 1165
2023
PRODUCT COMPLEXITY IN Petroleum Jelly
-0.23Rnk 625 / 1025
2023
Imports
$6.56MWorld Rnk 69 / 209
Flag Rnk 573 / 1188
2023
ECONOMIC COMPLEXITY of Serbia
0.76Rnk 35 / 132

About

Exports In 2023, Serbia exported $2.78M in Petroleum Jelly, making it the 46th largest exporter of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 504th most exported product in Serbia. The main destination of Petroleum Jelly exports from Serbia are: Ukraine ($1.35M), Bosnia and Herzegovina ($454k), Poland ($263k), Norway ($171k), and Romania ($125k).

The fastest growing export markets for Petroleum Jelly of Serbia between 2022 and 2023 were Bosnia and Herzegovina ($284k), Ukraine ($184k), and Norway ($171k).

Imports In 2023, Serbia imported $6.56M in Petroleum Jelly, becoming the 69th largest importer of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 573rd most imported product in Serbia. Serbia imports Petroleum Jelly primarily from: Russia ($2.15M), Italy ($1.16M), China ($843k), Turkey ($383k), and Germany ($376k).

The fastest growing import markets in Petroleum Jelly for Serbia between 2022 and 2023 were China ($442k), Italy ($420k), and Albania ($120k).

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)$2.78M
IMPORTS (2023)$6.56M
NET TRADE (2023)-$3.78M

In 2023, Serbia exported $2.78M in Petroleum Jelly. The main destinations of Serbia exports on Petroleum Jelly were Ukraine ($1.35M), Bosnia and Herzegovina ($454k), Poland ($263k), Norway ($171k), and Romania ($125k).

In 2023, Serbia imported $6.56M in Petroleum Jelly, mainly from Russia ($2.15M), Italy ($1.16M), China ($843k), Turkey ($383k), and Germany ($376k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Petroleum Jelly EXPORT MARKETS FOR Serbia WERE (2022 - 2023):
Ukraine$184k (15.8%)
Norway$171k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Jelly BY Serbia WERE (2022 - 2023):
Croatia-$394k (-85.3%)
Romania-$264k (-67.9%)
Slovenia-$204k (-92.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Serbia's main exporting competitors in Petroleum Jelly were:
In 2023, Serbia'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 POTENTIALGermany+ $201k
TOP IMPORT POTENTIALChina+ $498k

Petroleum Jelly’s highest export potential is Germany. With an export gap of $201k.   Petroleum Jelly’s highest import potential is China with an import gap of $498k.

See methodology.

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