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2022
Exports $253MWorld Rnk 6 / 146
Flag Rnk 295 / 1214
2022
Destination $69.8M Canada
2021 - 2022
FASTEST GROWING MARKET $69.8MCanada
2022
PRODUCT COMPLEXITY IN Petroleum Jelly-0.22Rnk 621 / 1025
2022
Imports $103MWorld Rnk 11 / 209
Flag Rnk 520 / 1214
2022
Origin $10.5M China
2021 - 2022
FASTEST GROWING ORIGIN $10.5MChina
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $253M in Petroleum Jelly, making it the 6th largest exporter of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 295th most exported product in Spain. The main destination of Petroleum Jelly exports from Spain are: Canada ($145M), Portugal ($17.3M), Netherlands ($14.3M), United States ($10.1M), and Italy ($9.92M).

The fastest growing export markets for Petroleum Jelly of Spain between 2021 and 2022 were Canada ($69.8M), Netherlands ($5.59M), and United States ($4.34M).

Imports In 2022, Spain imported $103M in Petroleum Jelly, becoming the 11th largest importer of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 520th most imported product in Spain. Spain imports Petroleum Jelly primarily from: China ($40.5M), Germany ($13.2M), Netherlands ($9.2M), United States ($8.25M), and Japan ($7.44M).

The fastest growing import markets in Petroleum Jelly for Spain between 2021 and 2022 were China ($10.5M), Japan ($7.32M), and Netherlands ($5.75M).

COMPANIES In 2023, leading companies such as Volkswagen (13) and Continental Tire (1) were at the forefront of shipping Petroleum Jelly from Spain to the United States.

Latest Trends

August 2024

About

Overview In August 2024 Spain's Petroleum Jelly exports accounted up to €5.44M and imports accounted up to €4.24M, resulting in a positive trade balance of €1.2M. Between August 2023 and August 2024 the exports of Spain's   Petroleum Jelly have decreased by €-627k (-10.3%) from €6.07M to €5.44M, while imports decreased by €-1.96M (-31.6%) from €6.2M to €4.24M.

Destinations In August 2024, Petroleum Jelly were exported mostly to United States (€701k), Portugal (€687k), Italy (€551k), Turkey (€523k), and India (€446k), and were imported mostly from China (€1.78M), Germany (€575k), Netherlands (€561k), France (€537k), and United States (€231k).

Growth In August 2024, the decrease in Petroleum Jelly's year-by-year exports was explained primarily by a decrease in exports to Italy (€-923k or -62.1%), Netherlands (€-451k or -38%), and Turkey (€-232k or -48.7%). In August 2024, the decrease in Petroleum Jelly's year-by-year imports was explained primarily by a decrease in imports from China (€-2.59M or -83.8%), France (€-2.11M or -84.4%), and Germany (€-190k or -18.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€-627k(-10.3%)
IMPORT GROWTH (August 2023 - August 2024)€-1.96M(-31.6%)
MAIN EXPORTER (August 2024)Madrid€3.38M
MAIN DESTINATION (August 2024)United States€701k

This section shows Petroleum Jelly's exports and imports data at subnational level for Spain. 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)$253M
IMPORTS (2022)$103M
NET TRADE (2022)$150M

In 2022, Spain exported $253M in Petroleum Jelly. The main destinations of Spain exports on Petroleum Jelly were Canada ($145M), Portugal ($17.3M), Netherlands ($14.3M), United States ($10.1M), and Italy ($9.92M).

In 2022, Spain imported $103M in Petroleum Jelly, mainly from China ($40.5M), Germany ($13.2M), Netherlands ($9.2M), United States ($8.25M), and Japan ($7.44M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Petroleum Jelly EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Canada$69.8M (93%)
Netherlands$5.59M (64.1%)
United States$4.34M (75.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Jelly BY Spain WERE (2021 - 2022):
Italy-$1.44M (-12.7%)
India-$1.44M (-12.9%)
Peru-$1.29M (-87.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Petroleum Jelly were:
China $1.26B
United States $466M
Germany $381M
In 2022, Spain'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 POTENTIALUnited States+ $5.8M
TOP IMPORT POTENTIALUnited States+ $2.56M

Petroleum Jelly’s highest export potential is United States. With an export gap of $5.8M.   Petroleum Jelly’s highest import potential is United States with an import gap of $2.56M.

See methodology.

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