Petroleum Jelly in United States 2020 Exports | Imports : $309M | $340M, World Rnk 3 / 135 Rnk 441 / 1217 | World Rnk 1 / 201 Rnk 552 / 1214
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $11.3M | $8.57M, Netherlands | South Africa
2020 ECONOMIC COMPLEXITY of United States: 1.56, Rnk 9 / 127
2020 PRODUCT COMPLEXITY IN Petroleum Jelly: -0.16, Rnk 593 / 1029
Exports In 2020, United States exported $309M in Petroleum Jelly, making it the 3rd largest exporter of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 441st most exported product in United States. The main destination of Petroleum Jelly exports from United States are: Canada ($135M), Mexico ($52.4M), Netherlands ($18.7M), Japan ($17.2M), and Germany ($11.6M).
The fastest growing export markets for Petroleum Jelly of United States between 2019 and 2020 were Netherlands ($11.3M), Germany ($4.24M), and Italy ($2.95M).
Imports In 2020, United States imported $340M in Petroleum Jelly, becoming the 1st largest importer of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 552nd most imported product in United States. United States imports Petroleum Jelly primarily from: Canada ($97.9M), China ($59M), South Africa ($38.1M), Chinese Taipei ($37.5M), and Japan ($21.7M).
The fastest growing import markets in Petroleum Jelly for United States between 2019 and 2020 were South Africa ($8.57M), Egypt ($2.05M), and France ($1.58M).
November 2022
Overview In November 2022 United States' Petroleum Jelly exports accounted up to $33M and imports accounted up to $48M, resulting in a negative trade balance of $15M. Between November 2021 and November 2022 the exports of United States' Petroleum Jelly have increased by $234k (0.71%) from $32.8M to $33M, while imports decreased by $-314k (-0.65%) from $48.3M to $48M.
Destinations In November 2022, Petroleum Jelly were exported mostly to Canada ($15.4M), Mexico ($4.77M), Japan ($3M), China ($1.03M), and Brazil ($995k), and were imported mostly from Canada ($9.36M), China ($7.82M), South Africa ($7.04M), Malaysia ($6.57M), and Thailand ($4.99M).
Growth In November 2022, the increase in Petroleum Jelly's year-by-year exports was explained primarily by an increase in exports to Canada ($1.67M or 14.8%), United Kingdom ($280k or 166%), and India ($224k or 77.1%). In November 2022, the decrease in Petroleum Jelly's year-by-year imports was explained primarily by a decrease in imports from Japan ($-3.92M or -84.8%), Taiwan ($-3.65M or -63%), and Italy ($-1.58M or -95.9%).
EXPORT GROWTH (November 2021 - November 2022): $234k, (0.71%)
IMPORT GROWTH (November 2021 - November 2022): $-314k, (-0.65%)
MAIN EXPORTER (November 2022): Pennsylvania, $15.2M
MAIN DESTINATION (November 2022): Canada, $15.4M
This section shows Petroleum Jelly's exports and imports data at subnational level for United States. 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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EXPORTS (2020): $309M
IMPORTS (2020): $340M
NET TRADE (2020): -$30.6M
In 2020, United States exported $309M in Petroleum Jelly. The main destinations of United States exports on Petroleum Jelly were Canada ($135M), Mexico ($52.4M), Netherlands ($18.7M), Japan ($17.2M), and Germany ($11.6M).
In 2020, United States imported $340M in Petroleum Jelly, mainly from Canada ($97.9M), China ($59M), South Africa ($38.1M), Chinese Taipei ($37.5M), and Japan ($21.7M).
THE FASTEST GROWING Petroleum Jelly EXPORT MARKETS FOR United States WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Jelly BY United States WERE (2019 - 2020):
In 2020, United States's main exporting competitors in Petroleum Jelly were:
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