2023
Exports
$92.1MWorld Rnk 14 / 146
Flag Rnk 325 / 1212
2023
PRODUCT COMPLEXITY IN Petroleum Jelly
-0.23Rnk 625 / 1025
2023
Imports
$54.3MWorld Rnk 21 / 209
Flag Rnk 460 / 1212
2023
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 132

About

Exports In 2023, Thailand exported $92.1M in Petroleum Jelly, making it the 14th largest exporter of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 325th most exported product in Thailand. The main destination of Petroleum Jelly exports from Thailand are: India ($15.8M), United States ($14M), China ($11.3M), South Africa ($11M), and Japan ($7.43M).

The fastest growing export markets for Petroleum Jelly of Thailand between 2022 and 2023 were China ($5.45M), Japan ($5.38M), and Netherlands ($1.07M).

Imports In 2023, Thailand imported $54.3M in Petroleum Jelly, becoming the 21st largest importer of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 460th most imported product in Thailand. Thailand imports Petroleum Jelly primarily from: China ($28M), Japan ($6.59M), Malaysia ($5.17M), Singapore ($2.42M), and United States ($1.82M).

The fastest growing import markets in Petroleum Jelly for Thailand between 2022 and 2023 were China ($3.17M), Singapore ($1.98M), and Hong Kong ($282k).

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)$92.1M
IMPORTS (2023)$54.3M
NET TRADE (2023)$37.8M

In 2023, Thailand exported $92.1M in Petroleum Jelly. The main destinations of Thailand exports on Petroleum Jelly were India ($15.8M), United States ($14M), China ($11.3M), South Africa ($11M), and Japan ($7.43M).

In 2023, Thailand imported $54.3M in Petroleum Jelly, mainly from China ($28M), Japan ($6.59M), Malaysia ($5.17M), Singapore ($2.42M), and United States ($1.82M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Petroleum Jelly EXPORT MARKETS FOR Thailand WERE (2022 - 2023):
China$5.45M (93.1%)
Japan$5.38M (263%)
Netherlands$1.07M (54%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Jelly BY Thailand WERE (2022 - 2023):
Germany-$9.92M (-63.3%)
United States-$4.3M (-23.5%)
South Korea-$4.11M (-60.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Thailand's main exporting competitors in Petroleum Jelly were:
In 2023, Thailand'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 POTENTIALUnited States+ $3.72M
TOP IMPORT POTENTIALChina+ $3.85M

Petroleum Jelly’s highest export potential is United States. With an export gap of $3.72M.   Petroleum Jelly’s highest import potential is China with an import gap of $3.85M.

See methodology.

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