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2023
Exports $110MWorld Rnk 11 / 146
Flag Rnk 365 / 1212
2023
Destination $909k United States
2022 - 2023
FASTEST GROWING MARKET $909kTurkey
2023
PRODUCT COMPLEXITY IN Petroleum Jelly-0.23Rnk 625 / 1025
2023
Imports $299MWorld Rnk 2 / 209
Flag Rnk 306 / 1211
2023
Origin $1.35M United States
2022 - 2023
FASTEST GROWING ORIGIN $1.35MUnited Kingdom
2023
ECONOMIC COMPLEXITY of Canada0.9Rnk 30 / 132

About

Exports In 2023, Canada exported $110M in Petroleum Jelly, making it the 11th largest exporter of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 365th most exported product in Canada. The main destination of Petroleum Jelly exports from Canada are: United States ($104M), Turkey ($1.14M), Netherlands ($884k), India ($692k), and China ($637k).

The fastest growing export markets for Petroleum Jelly of Canada between 2022 and 2023 were Turkey ($909k), Germany ($272k), and Japan ($167k).

Imports In 2023, Canada imported $299M in Petroleum Jelly, becoming the 2nd largest importer of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 306th most imported product in Canada. Canada imports Petroleum Jelly primarily from: United States ($181M), Spain ($100M), United Kingdom ($8.68M), China ($2.89M), and Netherlands ($2.5M).

The fastest growing import markets in Petroleum Jelly for Canada between 2022 and 2023 were United Kingdom ($1.35M), Netherlands ($374k), and South Korea ($184k).

Latest Trends

November 2024

About

Overview In November 2024 Canada's Petroleum Jelly exports accounted up to C$10.4M and imports accounted up to C$21M, resulting in a negative trade balance of C$10.6M. Between November 2023 and November 2024 the exports of Canada's   Petroleum Jelly have decreased by C$-1.92M (-15.5%) from C$12.4M to C$10.4M, while imports decreased by C$-2.56M (-10.9%) from C$23.6M to C$21M.

Destinations In November 2024, Petroleum Jelly were exported mostly to United States (C$9.68M), Cuba (C$190k), Turkey (C$131k), Japan (C$97.9k), and China (C$81.6k), and were imported mostly from United States (C$20M), Italy (C$462k), China (C$114k), Norway (C$103k), and Germany (C$98.6k).

Growth In November 2024, the decrease in Petroleum Jelly's year-by-year exports was explained primarily by a decrease in exports to Israel (C$-23.9k or -48.2%). In November 2024, the decrease in Petroleum Jelly's year-by-year imports was explained primarily by a decrease in imports from United Kingdom (C$-1.84M or -99.8%), China (C$-300k or -70.1%), and Netherlands (C$-253k or -68%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)C$-1.92M(-15.5%)
IMPORT GROWTH (November 2023 - November 2024)C$-2.56M(-10.9%)
MAIN EXPORTER (November 2024)OntarioC$16.6M
MAIN DESTINATION (November 2024)United StatesC$9.68M

This section shows Petroleum Jelly's exports and imports data at subnational level for Canada. 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 (2023)$110M
IMPORTS (2023)$299M
NET TRADE (2023)-$189M

In 2023, Canada exported $110M in Petroleum Jelly. The main destinations of Canada exports on Petroleum Jelly were United States ($104M), Turkey ($1.14M), Netherlands ($884k), India ($692k), and China ($637k).

In 2023, Canada imported $299M in Petroleum Jelly, mainly from United States ($181M), Spain ($100M), United Kingdom ($8.68M), China ($2.89M), and Netherlands ($2.5M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Petroleum Jelly EXPORT MARKETS FOR Canada WERE (2022 - 2023):
Turkey$909k (386%)
Germany$272k (104%)
Japan$167k (137%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Jelly BY Canada WERE (2022 - 2023):
United States-$35.3M (-25.4%)
Netherlands-$1.09M (-55.2%)
China-$677k (-51.5%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Canada's main exporting competitors in Petroleum Jelly were:
China $1.06B
United States $389M
Germany $347M
In 2023, Canada's main importing competitors in Petroleum Jelly were:
United States $329M
Netherlands $285M

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Trade Value of Petroleum Jelly by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $13.5M
TOP IMPORT POTENTIALChina+ $7.76M

Petroleum Jelly’s highest export potential is United States. With an export gap of $13.5M.   Petroleum Jelly’s highest import potential is China with an import gap of $7.76M.

See methodology.

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