2023
Exports
$27.8MWorld Rnk 28 / 146
Flag Rnk 543 / 1188
2023
PRODUCT COMPLEXITY IN Petroleum Jelly
-0.23Rnk 625 / 1025
2023
Imports
$35.6MWorld Rnk 23 / 209
Flag Rnk 690 / 1208
2023
ECONOMIC COMPLEXITY of South Korea
1.85Rnk 4 / 132

About

Exports In 2023, South Korea exported $27.8M in Petroleum Jelly, making it the 28th largest exporter of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 543rd most exported product in South Korea. The main destination of Petroleum Jelly exports from South Korea are: India ($9.66M), China ($6.1M), Tanzania ($1.99M), United States ($1.77M), and Uganda ($1.31M).

The fastest growing export markets for Petroleum Jelly of South Korea between 2022 and 2023 were Tanzania ($1.01M), Uganda ($749k), and Ethiopia ($319k).

Imports In 2023, South Korea imported $35.6M in Petroleum Jelly, becoming the 23rd largest importer of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 690th most imported product in South Korea. South Korea imports Petroleum Jelly primarily from: China ($14.1M), Japan ($4.16M), United States ($4.09M), Malaysia ($2.74M), and Thailand ($2.65M).

The fastest growing import markets in Petroleum Jelly for South Korea between 2022 and 2023 were Germany ($1.16M), India ($1.05M), and Singapore ($136k).

Latest Trends

December 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$148k(4.57%)
IMPORT GROWTH (December 2023 - December 2024)$-2.75M(-43.9%)
MAIN DESTINATION (December 2024)China$910k

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

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$27.8M
IMPORTS (2023)$35.6M
NET TRADE (2023)-$7.8M

In 2023, South Korea exported $27.8M in Petroleum Jelly. The main destinations of South Korea exports on Petroleum Jelly were India ($9.66M), China ($6.1M), Tanzania ($1.99M), United States ($1.77M), and Uganda ($1.31M).

In 2023, South Korea imported $35.6M in Petroleum Jelly, mainly from China ($14.1M), Japan ($4.16M), United States ($4.09M), Malaysia ($2.74M), and Thailand ($2.65M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Petroleum Jelly EXPORT MARKETS FOR South Korea WERE (2022 - 2023):
Tanzania$1.01M (103%)
Uganda$749k (134%)
Ethiopia$319k (368%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Jelly BY South Korea WERE (2022 - 2023):
Vietnam-$5.24M (-100%)
United States-$1.34M (-43.2%)
Indonesia-$1.34M (-68%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, South Korea's main exporting competitors in Petroleum Jelly were:
In 2023, South Korea's main importing competitors in Petroleum Jelly were:

Explore Visualizations

Trade Value of Petroleum Jelly by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.85M
TOP IMPORT POTENTIALChina+ $6.76M

Petroleum Jelly’s highest export potential is China. With an export gap of $1.85M.   Petroleum Jelly’s highest import potential is China with an import gap of $6.76M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with