2022
Exports
$64.4MWorld Rnk 21 / 146
Flag Rnk 259 / 1206
2022
PRODUCT COMPLEXITY IN Petroleum Jelly
-0.22Rnk 621 / 1025
2022
Imports
$22.6MWorld Rnk 36 / 209
Flag Rnk 532 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $64.4M in Petroleum Jelly, making it the 21st largest exporter of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 259th most exported product in Hungary. The main destination of Petroleum Jelly exports from Hungary are: Netherlands ($17.4M), Germany ($7.38M), Romania ($6.67M), Poland ($5.05M), and Uganda ($3.82M).

The fastest growing export markets for Petroleum Jelly of Hungary between 2021 and 2022 were Netherlands ($4.4M), Djibouti ($1.2M), and Germany ($1.12M).

Imports In 2022, Hungary imported $22.6M in Petroleum Jelly, becoming the 36th largest importer of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 532nd most imported product in Hungary. Hungary imports Petroleum Jelly primarily from: Germany ($4.36M), Poland ($3.68M), Italy ($2.87M), Russia ($2.82M), and Egypt ($1.57M).

The fastest growing import markets in Petroleum Jelly for Hungary between 2021 and 2022 were Egypt ($1.4M), Turkey ($1.14M), and Greece ($1.09M).

Latest Trends

Aug 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Petroleum Jelly. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$64.4M
IMPORTS (2022)$22.6M
NET TRADE (2022)$41.8M

In 2022, Hungary exported $64.4M in Petroleum Jelly. The main destinations of Hungary exports on Petroleum Jelly were Netherlands ($17.4M), Germany ($7.38M), Romania ($6.67M), Poland ($5.05M), and Uganda ($3.82M).

In 2022, Hungary imported $22.6M in Petroleum Jelly, mainly from Germany ($4.36M), Poland ($3.68M), Italy ($2.87M), Russia ($2.82M), and Egypt ($1.57M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Petroleum Jelly EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Netherlands$4.4M (33.8%)
Djibouti$1.2M (1%)
Germany$1.12M (18%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Jelly BY Hungary WERE (2021 - 2022):
Ethiopia-$1.91M (-81.7%)
Poland-$1.25M (-19.8%)
Uganda-$412k (-9.72%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Petroleum Jelly were:
In 2022, Hungary's main importing competitors in Petroleum Jelly were:

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Trade Value of Petroleum Jelly by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $1.79M
TOP IMPORT POTENTIALChina+ $781k

Petroleum Jelly’s highest export potential is Germany. With an export gap of $1.79M.   Petroleum Jelly’s highest import potential is China with an import gap of $781k.

See methodology.

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