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2022
Exports $114MWorld Rnk 11 / 146
Flag Rnk 550 / 1217
2022
Destination $13.5M Germany
2021 - 2022
FASTEST GROWING MARKET $13.5MGermany
2022
PRODUCT COMPLEXITY IN Petroleum Jelly-0.22Rnk 621 / 1025
2022
Imports $170MWorld Rnk 7 / 209
Flag Rnk 465 / 1215
2022
Origin $30.6M China
2021 - 2022
FASTEST GROWING ORIGIN $30.6MChina
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $114M in Petroleum Jelly, making it the 11th largest exporter of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 550th most exported product in Italy. The main destination of Petroleum Jelly exports from Italy are: Germany ($29.3M), France ($23.3M), Netherlands ($17.2M), Norway ($3.68M), and Poland ($3.24M).

The fastest growing export markets for Petroleum Jelly of Italy between 2021 and 2022 were Germany ($13.5M), France ($13.4M), and Turkey ($1.75M).

Imports In 2022, Italy imported $170M in Petroleum Jelly, becoming the 7th largest importer of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 465th most imported product in Italy. Italy imports Petroleum Jelly primarily from: China ($51M), Egypt ($29.5M), Germany ($22.8M), Netherlands ($16.7M), and Spain ($9.92M).

The fastest growing import markets in Petroleum Jelly for Italy between 2021 and 2022 were China ($30.6M), Egypt ($20.7M), and Germany ($8.74M).

COMPANIES In 2023, leading companies such as Continental Tire (33) were at the forefront of shipping Petroleum Jelly from Italy to the United States.

Latest Trends

August 2024

About

Overview In August 2024 Italy's Petroleum Jelly exports accounted up to €4.9M and imports accounted up to €7M, resulting in a negative trade balance of €2.1M. Between August 2023 and August 2024 the exports of Italy's   Petroleum Jelly have decreased by €-3.46M (-41.4%) from €8.37M to €4.9M, while imports decreased by €-3.72M (-34.7%) from €10.7M to €7M.

Destinations In August 2024, Petroleum Jelly were exported mostly to Netherlands (€2.92M), Poland (€585k), Germany (€555k), United States (€176k), and Austria (€126k), and were imported mostly from Germany (€2.62M), China (€1.64M), Spain (€1.1M), Qatar (€748k), and Netherlands (€448k).

Growth In August 2024, the decrease in Petroleum Jelly's year-by-year exports was explained primarily by a decrease in exports to France (€-1.8M or -73.9%), Hungary (€-150k or -94.7%), and United States (€-117k or -83.3%). In August 2024, the decrease in Petroleum Jelly's year-by-year imports was explained primarily by a decrease in imports from Spain (€-1.2M or -61.6%), United States (€-1.16M or -87.3%), and Poland (€-736k or -86.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€-3.46M(-41.4%)
IMPORT GROWTH (August 2023 - August 2024)€-3.72M(-34.7%)
MAIN DESTINATION (August 2024)Netherlands€2.92M

This section shows Petroleum Jelly's exports and imports data at subnational level for Italy. 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)$114M
IMPORTS (2022)$170M
NET TRADE (2022)-$55.7M

In 2022, Italy exported $114M in Petroleum Jelly. The main destinations of Italy exports on Petroleum Jelly were Germany ($29.3M), France ($23.3M), Netherlands ($17.2M), Norway ($3.68M), and Poland ($3.24M).

In 2022, Italy imported $170M in Petroleum Jelly, mainly from China ($51M), Egypt ($29.5M), Germany ($22.8M), Netherlands ($16.7M), and Spain ($9.92M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Petroleum Jelly EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Germany$13.5M (86%)
France$13.4M (135%)
Turkey$1.75M (136%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Jelly BY Italy WERE (2021 - 2022):
Netherlands-$13.1M (-43.2%)
United States-$9.33M (-87.4%)
Spain-$3.16M (-53.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Petroleum Jelly were:
China $1.26B
United States $466M
Germany $381M
In 2022, Italy'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 POTENTIALFrance+ $2.2M
TOP IMPORT POTENTIALUnited States+ $3.95M

Petroleum Jelly’s highest export potential is France. With an export gap of $2.2M.   Petroleum Jelly’s highest import potential is United States with an import gap of $3.95M.

See methodology.

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