Petroleum Jelly in Japan | The Observatory of Economic Complexity

About

Exports In 2022, Japan exported $80.1M in Petroleum Jelly, making it the 17th largest exporter of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 473rd most exported product in Japan. The main destination of Petroleum Jelly exports from Japan are: United States ($20.7M), China ($7.51M), Germany ($7.46M), Spain ($7.44M), and Thailand ($7.2M).

The fastest growing export markets for Petroleum Jelly of Japan between 2021 and 2022 were Spain ($7.32M), Czechia ($3.15M), and Netherlands ($792k).

Imports In 2022, Japan imported $113M in Petroleum Jelly, becoming the 10th largest importer of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 540th most imported product in Japan. Japan imports Petroleum Jelly primarily from: Singapore ($29.7M), United States ($28M), Malaysia ($23.3M), South Africa ($9.35M), and China ($7.5M).

The fastest growing import markets in Petroleum Jelly for Japan between 2021 and 2022 were Singapore ($17.4M), United States ($9.95M), and South Africa ($5.5M).

COMPANIES In 2023, leading companies such as YOKOHAMA TIRE CORPORATION (16) were at the forefront of shipping Petroleum Jelly from Japan to the United States.

Latest Trends

January 2024

About

Overview In January 2024 Japan's Petroleum Jelly exports accounted up to ¥151M and imports accounted up to ¥492M, resulting in a negative trade balance of ¥341M. Between January 2023 and January 2024 the exports of Japan's Petroleum Jelly have increased by ¥43k (0.029%) from ¥151M to ¥151M, while imports decreased by ¥-216M (-30.5%) from ¥708M to ¥492M.

Destinations In January 2024, Petroleum Jelly were exported mostly to South Korea (¥42.7M), China (¥33.4M), Australia (¥13.1M), Thailand (¥11M), and South Africa (¥9.04M), and were imported mostly from United States (¥286M), Singapore (¥88.7M), China (¥63.6M), Thailand (¥17.8M), and South Africa (¥15M).

Growth In January 2024, the increase in Petroleum Jelly's year-by-year exports was explained primarily by an increase in exports to China (¥33M or 76%), Malaysia (¥6.14M or 2.25k%), and Thailand (¥3.63M or 90.2%). In January 2024, the decrease in Petroleum Jelly's year-by-year imports was explained primarily by a decrease in imports from Germany (¥-38.6M or -88%), United Kingdom (¥-18.7M or -85.9%), and South Africa (¥-8.8M or -15.4%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)¥43k(0.029%)

IMPORT GROWTH (January 2023 - January 2024)¥-216M(-30.5%)

MAIN EXPORTER (January 2024)Yamaguchi¥71.6M

MAIN DESTINATION (January 2024)South Korea¥42.7M

This section shows Petroleum Jelly's exports and imports data at subnational level for Japan. 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

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$80.1M

IMPORTS (2022)$113M

NET TRADE (2022)-$32.9M

In 2022, Japan exported $80.1M in Petroleum Jelly. The main destinations of Japan exports on Petroleum Jelly were United States ($20.7M), China ($7.51M), Germany ($7.46M), Spain ($7.44M), and Thailand ($7.2M).

In 2022, Japan imported $113M in Petroleum Jelly, mainly from Singapore ($29.7M), United States ($28M), Malaysia ($23.3M), South Africa ($9.35M), and China ($7.5M).

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