2022
Exports
$2.05MWorld Rnk 53 / 146
Flag Rnk 863 / 1193
2022
PRODUCT COMPLEXITY IN Petroleum Jelly
-0.22Rnk 621 / 1025
2022
Imports
$356MWorld Rnk 5 / 209
Flag Rnk 230 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $2.05M in Petroleum Jelly, making it the 53rd largest exporter of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 863rd most exported product in Mexico. The main destination of Petroleum Jelly exports from Mexico are: Ecuador ($670k), Panama ($340k), United States ($183k), Costa Rica ($151k), and Guatemala ($130k).

The fastest growing export markets for Petroleum Jelly of Mexico between 2021 and 2022 were Panama ($330k), Costa Rica ($105k), and India ($104k).

Imports In 2022, Mexico imported $356M in Petroleum Jelly, becoming the 5th largest importer of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 230th most imported product in Mexico. Mexico imports Petroleum Jelly primarily from: China ($253M), United States ($73.7M), Malaysia ($14.8M), Japan ($3.42M), and Germany ($2.68M).

The fastest growing import markets in Petroleum Jelly for Mexico between 2021 and 2022 were China ($20.2M), United States ($19.9M), and Malaysia ($11.6M).

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)$2.05M
IMPORTS (2022)$356M
NET TRADE (2022)-$354M

In 2022, Mexico exported $2.05M in Petroleum Jelly. The main destinations of Mexico exports on Petroleum Jelly were Ecuador ($670k), Panama ($340k), United States ($183k), Costa Rica ($151k), and Guatemala ($130k).

In 2022, Mexico imported $356M in Petroleum Jelly, mainly from China ($253M), United States ($73.7M), Malaysia ($14.8M), Japan ($3.42M), and Germany ($2.68M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Petroleum Jelly EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
Panama$330k (3.01k%)
Costa Rica$105k (229%)
India$104k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Jelly BY Mexico WERE (2021 - 2022):
Ecuador-$238k (-26.2%)
Malaysia-$89.4k (-100%)
Australia-$27.9k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mexico's main exporting competitors in Petroleum Jelly were:
In 2022, Mexico'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 POTENTIALUnited States+ $409k
TOP IMPORT POTENTIALUnited States+ $6.26M

Petroleum Jelly’s highest export potential is United States. With an export gap of $409k.   Petroleum Jelly’s highest import potential is United States with an import gap of $6.26M.

See methodology.

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