2022
Exports
$14.2MWorld Rnk 31 / 146
Flag Rnk 358 / 1208
2022
PRODUCT COMPLEXITY IN Petroleum Jelly
-0.22Rnk 621 / 1025
2022
Imports
$22.1MWorld Rnk 37 / 209
Flag Rnk 330 / 1208
2022
ECONOMIC COMPLEXITY of Lithuania
0.93Rnk 30 / 133

About

Exports In 2022, Lithuania exported $14.2M in Petroleum Jelly, making it the 31st largest exporter of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 358th most exported product in Lithuania. The main destination of Petroleum Jelly exports from Lithuania are: Poland ($7.92M), Ukraine ($1.77M), Czechia ($724k), Netherlands ($722k), and Germany ($697k).

The fastest growing export markets for Petroleum Jelly of Lithuania between 2021 and 2022 were Ukraine ($1.33M), Bulgaria ($607k), and Germany ($588k).

Imports In 2022, Lithuania imported $22.1M in Petroleum Jelly, becoming the 37th largest importer of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 330th most imported product in Lithuania. Lithuania imports Petroleum Jelly primarily from: China ($9.39M), Russia ($6.94M), Poland ($1.43M), Belarus ($1.13M), and Italy ($799k).

The fastest growing import markets in Petroleum Jelly for Lithuania between 2021 and 2022 were China ($7.69M), Poland ($1.16M), and Italy ($593k).

Latest Trends

Oct 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)$14.2M
IMPORTS (2022)$22.1M
NET TRADE (2022)-$7.84M

In 2022, Lithuania exported $14.2M in Petroleum Jelly. The main destinations of Lithuania exports on Petroleum Jelly were Poland ($7.92M), Ukraine ($1.77M), Czechia ($724k), Netherlands ($722k), and Germany ($697k).

In 2022, Lithuania imported $22.1M in Petroleum Jelly, mainly from China ($9.39M), Russia ($6.94M), Poland ($1.43M), Belarus ($1.13M), and Italy ($799k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Petroleum Jelly EXPORT MARKETS FOR Lithuania WERE (2021 - 2022):
Ukraine$1.33M (306%)
Bulgaria$607k (203k%)
Germany$588k (543%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Jelly BY Lithuania WERE (2021 - 2022):
United Kingdom-$869k (-87.5%)
Russia-$670k (-73.3%)
Latvia-$211k (-65%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Lithuania's main exporting competitors in Petroleum Jelly were:
In 2022, Lithuania'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 POTENTIALPoland+ $814k
TOP IMPORT POTENTIALPoland+ $471k

Petroleum Jelly’s highest export potential is Poland. With an export gap of $814k.   Petroleum Jelly’s highest import potential is Poland with an import gap of $471k.

See methodology.

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