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2022
Exports $24.6MWorld Rnk 27 / 146
Flag Rnk 699 / 1213
2022
Destination $2.57M Germany
2021 - 2022
FASTEST GROWING MARKET $2.57MItaly
2022
PRODUCT COMPLEXITY IN Petroleum Jelly-0.22Rnk 621 / 1025
2022
Imports $87.6MWorld Rnk 15 / 209
Flag Rnk 546 / 1214
2022
Origin $11.9M Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $11.9MNetherlands
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $24.6M in Petroleum Jelly, making it the 27th largest exporter of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 699th most exported product in Belgium. The main destination of Petroleum Jelly exports from Belgium are: Germany ($5.12M), Netherlands ($4.63M), France ($3.8M), Italy ($2.82M), and Poland ($1.04M).

The fastest growing export markets for Petroleum Jelly of Belgium between 2021 and 2022 were Italy ($2.57M), France ($914k), and Germany ($714k).

Imports In 2022, Belgium imported $87.6M in Petroleum Jelly, becoming the 15th largest importer of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 546th most imported product in Belgium. Belgium imports Petroleum Jelly primarily from: Netherlands ($23.9M), France ($13M), United Kingdom ($12.3M), Greece ($10.6M), and Germany ($7.97M).

The fastest growing import markets in Petroleum Jelly for Belgium between 2021 and 2022 were Netherlands ($11.9M), Greece ($8.46M), and Egypt ($6.24M).

Latest Trends

August 2024

About

Overview In August 2024 Belgium's Petroleum Jelly exports accounted up to €1.79M and imports accounted up to €3.95M, resulting in a negative trade balance of €2.16M. Between August 2023 and August 2024 the exports of Belgium's   Petroleum Jelly have increased by €390k (27.8%) from €1.4M to €1.79M, while imports increased by €2.4M (155%) from €1.55M to €3.95M.

Destinations In August 2024, Petroleum Jelly were exported mostly to Germany (€727k), Netherlands (€378k), Austria (€165k), India (€124k), and Spain (€109k), and were imported mostly from Netherlands (€1.43M), France (€1.03M), Germany (€555k), United States (€294k), and India (€238k).

Growth In August 2024, the increase in Petroleum Jelly's year-by-year exports was explained primarily by an increase in exports to Germany (€255k or 90.8%), Romania (€95.3k or 160%), and Italy (€79.7k or 480%). In August 2024, the increase in Petroleum Jelly's year-by-year imports was explained primarily by an increase in imports from France (€925k or 1.68k%), United Kingdom (€468k or 51.5%), and Italy (€170k or 455%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€390k(27.8%)
IMPORT GROWTH (August 2023 - August 2024)€2.4M(155%)
MAIN DESTINATION (August 2024)Germany€727k

This section shows Petroleum Jelly's exports and imports data at subnational level for Belgium. 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)$24.6M
IMPORTS (2022)$87.6M
NET TRADE (2022)-$63M

In 2022, Belgium exported $24.6M in Petroleum Jelly. The main destinations of Belgium exports on Petroleum Jelly were Germany ($5.12M), Netherlands ($4.63M), France ($3.8M), Italy ($2.82M), and Poland ($1.04M).

In 2022, Belgium imported $87.6M in Petroleum Jelly, mainly from Netherlands ($23.9M), France ($13M), United Kingdom ($12.3M), Greece ($10.6M), and Germany ($7.97M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Petroleum Jelly EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Italy$2.57M (1.03k%)
France$914k (31.7%)
Germany$714k (16.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Jelly BY Belgium WERE (2021 - 2022):
United Kingdom-$1.12M (-55.5%)
Poland-$788k (-43.1%)
Netherlands-$452k (-8.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Petroleum Jelly were:
China $1.26B
United States $466M
Germany $381M
In 2022, Belgium'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 POTENTIALGermany+ $6.06M
TOP IMPORT POTENTIALGermany+ $5.28M

Petroleum Jelly’s highest export potential is Germany. With an export gap of $6.06M.   Petroleum Jelly’s highest import potential is Germany with an import gap of $5.28M.

See methodology.

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