2022
Exports
$758kWorld Rnk 61 / 146
Flag Rnk 938 / 1176
2022
PRODUCT COMPLEXITY IN Petroleum Jelly
-0.22Rnk 621 / 1025
2022
Imports
$101MWorld Rnk 12 / 209
Flag Rnk 419 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $758k in Petroleum Jelly, making it the 61st largest exporter of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 938th most exported product in Vietnam. The main destination of Petroleum Jelly exports from Vietnam are: United States ($372k), Canada ($166k), Cambodia ($91.3k), Laos ($44.9k), and Thailand ($27.6k).

The fastest growing export markets for Petroleum Jelly of Vietnam between 2021 and 2022 were Canada ($71.6k), Thailand ($20.2k), and Burma ($5.43k).

Imports In 2022, Vietnam imported $101M in Petroleum Jelly, becoming the 12th largest importer of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 419th most imported product in Vietnam. Vietnam imports Petroleum Jelly primarily from: China ($73.3M), Malaysia ($10.2M), South Korea ($4.87M), Japan ($4.65M), and Thailand ($2.56M).

The fastest growing import markets in Petroleum Jelly for Vietnam between 2021 and 2022 were Thailand ($586k), Malaysia ($369k), and Turkey ($214k).

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)$758k
IMPORTS (2022)$101M
NET TRADE (2022)-$100M

In 2022, Vietnam exported $758k in Petroleum Jelly. The main destinations of Vietnam exports on Petroleum Jelly were United States ($372k), Canada ($166k), Cambodia ($91.3k), Laos ($44.9k), and Thailand ($27.6k).

In 2022, Vietnam imported $101M in Petroleum Jelly, mainly from China ($73.3M), Malaysia ($10.2M), South Korea ($4.87M), Japan ($4.65M), and Thailand ($2.56M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Petroleum Jelly EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Canada$71.6k (75.5%)
Thailand$20.2k (276%)
Burma$5.43k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Jelly BY Vietnam WERE (2021 - 2022):
United States-$477k (-56.2%)
Laos-$34.6k (-43.5%)
Cambodia-$18.9k (-17.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Petroleum Jelly were:
In 2022, Vietnam'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+ $291k
TOP IMPORT POTENTIALChina+ $8.49M

Petroleum Jelly’s highest export potential is United States. With an export gap of $291k.   Petroleum Jelly’s highest import potential is China with an import gap of $8.49M.

See methodology.

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