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2023
Exports $198MWorld Rnk 5 / 146
Flag Rnk 348 / 1215
2023
Destination $940k Canada
2022 - 2023
FASTEST GROWING MARKET $940kMexico
2023
PRODUCT COMPLEXITY IN Petroleum Jelly-0.23Rnk 625 / 1025
2023
Imports $74.6MWorld Rnk 16 / 209
Flag Rnk 577 / 1214
2023
Origin $9.71M China
2022 - 2023
FASTEST GROWING ORIGIN $9.71MItaly
2023
ECONOMIC COMPLEXITY of Spain0.86Rnk 31 / 132

About

Exports In 2023, Spain exported $198M in Petroleum Jelly, making it the 5th largest exporter of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 348th most exported product in Spain. The main destination of Petroleum Jelly exports from Spain are: Canada ($100M), Netherlands ($15.7M), Portugal ($14.3M), India ($11.6M), and Italy ($9.69M).

The fastest growing export markets for Petroleum Jelly of Spain between 2022 and 2023 were Mexico ($940k), Czechia ($867k), and Germany ($513k).

Imports In 2023, Spain imported $74.6M in Petroleum Jelly, becoming the 16th largest importer of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 577th most imported product in Spain. Spain imports Petroleum Jelly primarily from: China ($18.8M), Italy ($12.6M), Germany ($11.4M), France ($7.29M), and Netherlands ($6.21M).

The fastest growing import markets in Petroleum Jelly for Spain between 2022 and 2023 were Italy ($9.71M), Thailand ($786k), and India ($524k).

COMPANIES In 2024, leading companies such as Volkswagen (6) were at the forefront of shipping Petroleum Jelly from Spain to the United States.

Latest Trends

December 2024

About

Overview In December 2024 Spain's Petroleum Jelly exports accounted up to €5.38M and imports accounted up to €8.74M, resulting in a negative trade balance of €3.36M. Between December 2023 and December 2024 the exports of Spain's   Petroleum Jelly have decreased by €-810k (-13.1%) from €6.19M to €5.38M, while imports increased by €1.19M (15.8%) from €7.55M to €8.74M.

Destinations In December 2024, Petroleum Jelly were exported mostly to Portugal (€1.4M), United States (€946k), India (€545k), Turkey (€520k), and Poland (€282k), and were imported mostly from China (€3.27M), Italy (€2.94M), Netherlands (€798k), Germany (€561k), and France (€451k).

Growth In December 2024, the decrease in Petroleum Jelly's year-by-year exports was explained primarily by a decrease in exports to Netherlands (€-511k or -69.4%), Portugal (€-150k or -15.2%), and France (€-115k or -26.1%). In December 2024, the increase in Petroleum Jelly's year-by-year imports was explained primarily by an increase in imports from China (€1.01M or 202%), Netherlands (€948k or 569%), and France (€362k or 92.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)€-810k(-13.1%)
IMPORT GROWTH (December 2023 - December 2024)€1.19M(15.8%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)Portugal€1.4M

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 (2023)$198M
IMPORTS (2023)$74.6M
NET TRADE (2023)$124M

In 2023, Spain exported $198M in Petroleum Jelly. The main destinations of Spain exports on Petroleum Jelly were Canada ($100M), Netherlands ($15.7M), Portugal ($14.3M), India ($11.6M), and Italy ($9.69M).

In 2023, Spain imported $74.6M in Petroleum Jelly, mainly from China ($18.8M), Italy ($12.6M), Germany ($11.4M), France ($7.29M), and Netherlands ($6.21M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Petroleum Jelly EXPORT MARKETS FOR Spain WERE (2022 - 2023):
Mexico$940k (117%)
Czechia$867k (106%)
Germany$513k (30.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Jelly BY Spain WERE (2022 - 2023):
Canada-$58.8M (-37%)
Italy-$4.32M (-30.8%)
Netherlands-$4.12M (-20.8%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Spain's main exporting competitors in Petroleum Jelly were:
China $1.06B
United States $389M
Germany $347M
In 2023, Spain's main importing competitors in Petroleum Jelly were:
United States $329M
Canada $299M
Netherlands $285M

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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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