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2023
Exports $60.8MWorld Rnk 16 / 146
Flag Rnk 510 / 1209
2023
Destination $1.89M United States
2022 - 2023
FASTEST GROWING MARKET $1.89MCzechia
2023
PRODUCT COMPLEXITY IN Petroleum Jelly-0.23Rnk 625 / 1025
2023
Imports $77.9MWorld Rnk 13 / 209
Flag Rnk 619 / 1209
2023
Origin $16.2M China
2022 - 2023
FASTEST GROWING ORIGIN $16.2MChina
2023
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 132

About

Exports In 2023, Japan exported $60.8M in Petroleum Jelly, making it the 16th largest exporter of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 510th most exported product in Japan. The main destination of Petroleum Jelly exports from Japan are: United States ($14.3M), China ($8.95M), Thailand ($6.59M), Czechia ($5.4M), and Vietnam ($4.35M).

The fastest growing export markets for Petroleum Jelly of Japan between 2022 and 2023 were Czechia ($1.89M), Dominican Republic ($1.25M), and Indonesia ($586k).

Imports In 2023, Japan imported $77.9M in Petroleum Jelly, becoming the 13th largest importer of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 619th most imported product in Japan. Japan imports Petroleum Jelly primarily from: China ($26M), United States ($20.6M), Thailand ($7.43M), Malaysia ($7.39M), and South Africa ($6.21M).

The fastest growing import markets in Petroleum Jelly for Japan between 2022 and 2023 were China ($16.2M), Thailand ($5.38M), and Germany ($1.65M).

COMPANIES In 2023, leading companies such as Yokohama Industries (1) were at the forefront of shipping Petroleum Jelly from Japan to the United States.

Latest Trends

November 2024

About

Overview In November 2024 Japan's Petroleum Jelly exports accounted up to ¥262M and imports accounted up to ¥724M, resulting in a negative trade balance of ¥463M. Between November 2023 and November 2024 the exports of Japan's   Petroleum Jelly have decreased by ¥-131M (-33.3%) from ¥392M to ¥262M, while imports increased by ¥190M (35.7%) from ¥534M to ¥724M.

Destinations In November 2024, Petroleum Jelly were exported mostly to South Korea (¥66.4M), China (¥55.3M), Thailand (¥30.3M), Dominican Republic (¥18.9M), and Malaysia (¥11.6M), and were imported mostly from United States (¥297M), South Africa (¥225M), China (¥155M), Germany (¥37M), and Thailand (¥6.13M).

Growth In November 2024, the decrease in Petroleum Jelly's year-by-year exports was explained primarily by a decrease in exports to Netherlands (¥-13.9M or -89.3%), India (¥-12.5M or -88.2%), and Indonesia (¥-3.12M or -49.4%). In November 2024, the increase in Petroleum Jelly's year-by-year imports was explained primarily by an increase in imports from Chinese Taipei (¥272M or 3.76k%), China (¥33.2M or 55.2%), and Netherlands (¥12.5M or 3.84k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)¥-131M(-33.3%)
IMPORT GROWTH (November 2023 - November 2024)¥190M(35.7%)
MAIN EXPORTER (November 2024)Yamaguchi¥127M
MAIN DESTINATION (November 2024)South Korea¥66.4M

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
EXPORTS (2023)$60.8M
IMPORTS (2023)$77.9M
NET TRADE (2023)-$17.1M

In 2023, Japan exported $60.8M in Petroleum Jelly. The main destinations of Japan exports on Petroleum Jelly were United States ($14.3M), China ($8.95M), Thailand ($6.59M), Czechia ($5.4M), and Vietnam ($4.35M).

In 2023, Japan imported $77.9M in Petroleum Jelly, mainly from China ($26M), United States ($20.6M), Thailand ($7.43M), Malaysia ($7.39M), and South Africa ($6.21M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Petroleum Jelly EXPORT MARKETS FOR Japan WERE (2022 - 2023):
Czechia$1.89M (53.7%)
Dominican Republic$1.25M (1.16k%)
Indonesia$586k (113%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Jelly BY Japan WERE (2022 - 2023):
United States-$10.3M (-42%)
Germany-$9.68M (-96.6%)
Spain-$8.15M (-95.6%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Japan's main exporting competitors in Petroleum Jelly were:
China $1.06B
United States $389M
Germany $347M
In 2023, Japan'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 POTENTIALChina+ $3.29M
TOP IMPORT POTENTIALChina+ $8.4M

Petroleum Jelly’s highest export potential is China. With an export gap of $3.29M.   Petroleum Jelly’s highest import potential is China with an import gap of $8.4M.

See methodology.

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