2022
Exports
$4.09MWorld Rnk 42 / 146
Flag Rnk 436 / 1171
2022
PRODUCT COMPLEXITY IN Petroleum Jelly
-0.22Rnk 621 / 1025
2022
Imports
$9.16MWorld Rnk 61 / 209
Flag Rnk 502 / 1196
2022
ECONOMIC COMPLEXITY of Serbia
0.75Rnk 36 / 133

About

Exports In 2022, Serbia exported $4.09M in Petroleum Jelly, making it the 42nd largest exporter of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 436th most exported product in Serbia. The main destination of Petroleum Jelly exports from Serbia are: Ukraine ($1.16M), Croatia ($867k), Bosnia and Herzegovina ($450k), Slovenia ($424k), and Romania ($300k).

The fastest growing export markets for Petroleum Jelly of Serbia between 2021 and 2022 were Ukraine ($1.13M), Croatia ($442k), and Slovenia ($423k).

Imports In 2022, Serbia imported $9.16M in Petroleum Jelly, becoming the 61st largest importer of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 502nd most imported product in Serbia. Serbia imports Petroleum Jelly primarily from: Russia ($3.99M), Italy ($813k), Turkey ($624k), Germany ($544k), and Iran ($516k).

The fastest growing import markets in Petroleum Jelly for Serbia between 2021 and 2022 were Russia ($2.26M), Iran ($428k), and Greece ($389k).

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)$4.09M
IMPORTS (2022)$9.16M
NET TRADE (2022)-$5.07M

In 2022, Serbia exported $4.09M in Petroleum Jelly. The main destinations of Serbia exports on Petroleum Jelly were Ukraine ($1.16M), Croatia ($867k), Bosnia and Herzegovina ($450k), Slovenia ($424k), and Romania ($300k).

In 2022, Serbia imported $9.16M in Petroleum Jelly, mainly from Russia ($3.99M), Italy ($813k), Turkey ($624k), Germany ($544k), and Iran ($516k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Petroleum Jelly EXPORT MARKETS FOR Serbia WERE (2021 - 2022):
Ukraine$1.13M (3.8k%)
Croatia$442k (104%)
Slovenia$423k (138k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Jelly BY Serbia WERE (2021 - 2022):
Bosnia and Herzegovina-$395k (-46.8%)
Poland-$171k (-55.3%)
United Arab Emirates-$3.47k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Serbia's main exporting competitors in Petroleum Jelly were:
In 2022, Serbia'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 POTENTIALGermany+ $201k
TOP IMPORT POTENTIALChina+ $498k

Petroleum Jelly’s highest export potential is Germany. With an export gap of $201k.   Petroleum Jelly’s highest import potential is China with an import gap of $498k.

See methodology.

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