2023
Exports
$1.72MWorld Rnk 53 / 146
Flag Rnk 854 / 1213
2023
PRODUCT COMPLEXITY IN Petroleum Jelly
-0.23Rnk 625 / 1025
2023
Imports
$29.6MWorld Rnk 31 / 209
Flag Rnk 474 / 1211
2023
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 132

About

Exports In 2023, Portugal exported $1.72M in Petroleum Jelly, making it the 53rd largest exporter of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 854th most exported product in Portugal. The main destination of Petroleum Jelly exports from Portugal are: Spain ($854k), Algeria ($144k), Angola ($134k), Poland ($87.2k), and Netherlands ($84.3k).

The fastest growing export markets for Petroleum Jelly of Portugal between 2022 and 2023 were Algeria ($118k), Angola ($51.1k), and Poland ($37.5k).

Imports In 2023, Portugal imported $29.6M in Petroleum Jelly, becoming the 31st largest importer of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 474th most imported product in Portugal. Portugal imports Petroleum Jelly primarily from: Spain ($14.3M), China ($6.53M), Germany ($4M), Netherlands ($1.45M), and Hong Kong ($835k).

The fastest growing import markets in Petroleum Jelly for Portugal between 2022 and 2023 were Hong Kong ($835k), Netherlands ($720k), and Turkey ($386k).

Latest Trends

Jan 2025

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 (2023)$1.72M
IMPORTS (2023)$29.6M
NET TRADE (2023)-$27.9M

In 2023, Portugal exported $1.72M in Petroleum Jelly. The main destinations of Portugal exports on Petroleum Jelly were Spain ($854k), Algeria ($144k), Angola ($134k), Poland ($87.2k), and Netherlands ($84.3k).

In 2023, Portugal imported $29.6M in Petroleum Jelly, mainly from Spain ($14.3M), China ($6.53M), Germany ($4M), Netherlands ($1.45M), and Hong Kong ($835k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Petroleum Jelly EXPORT MARKETS FOR Portugal WERE (2022 - 2023):
Algeria$118k (444%)
Angola$51.1k (61.7%)
Poland$37.5k (75.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Jelly BY Portugal WERE (2022 - 2023):
Spain-$2.48M (-74.4%)
Italy-$85.5k (-62.1%)
Sweden-$80.2k (-99.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Petroleum Jelly by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $237k
TOP IMPORT POTENTIALChina+ $1.19M

Petroleum Jelly’s highest export potential is Spain. With an export gap of $237k.   Petroleum Jelly’s highest import potential is China with an import gap of $1.19M.

See methodology.

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