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2022
Exports $151MWorld Rnk 8 / 146
Flag Rnk 334 / 1210
2022
Destination $20.5M United States
2021 - 2022
FASTEST GROWING MARKET $20.5MUnited States
2022
PRODUCT COMPLEXITY IN Petroleum Jelly-0.22Rnk 621 / 1025
2022
Imports $398MWorld Rnk 3 / 209
Flag Rnk 267 / 1213
2022
Origin $69.8M United States
2021 - 2022
FASTEST GROWING ORIGIN $69.8MSpain
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $151M in Petroleum Jelly, making it the 8th largest exporter of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 334th most exported product in Canada. The main destination of Petroleum Jelly exports from Canada are: United States ($142M), India ($2.06M), Netherlands ($1.76M), China ($1.3M), and Canada ($473k).

The fastest growing export markets for Petroleum Jelly of Canada between 2021 and 2022 were United States ($20.5M), India ($1.88M), and Netherlands ($1.7M).

Imports In 2022, Canada imported $398M in Petroleum Jelly, becoming the 3rd largest importer of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 267th most imported product in Canada. Canada imports Petroleum Jelly primarily from: United States ($230M), Spain ($145M), United Kingdom ($6.69M), China ($4.76M), and Greece ($3.96M).

The fastest growing import markets in Petroleum Jelly for Canada between 2021 and 2022 were Spain ($69.8M), United States ($27.4M), and Chinese Taipei ($999k).

Latest Trends

June 2024

About

Overview In June 2024 Canada's Petroleum Jelly exports accounted up to C$14.1M and imports accounted up to C$34.1M, resulting in a negative trade balance of C$19.9M. Between June 2023 and June 2024 the exports of Canada's   Petroleum Jelly have increased by C$4.1M (40.9%) from C$10M to C$14.1M, while imports increased by C$9.07M (36.3%) from C$25M to C$34.1M.

Destinations In June 2024, Petroleum Jelly were exported mostly to United States (C$13.5M), Turkey (C$258k), United Kingdom (C$164k), India (C$123k), and Israel (C$25k), and were imported mostly from United States (C$20.5M), Spain (C$10.4M), United Kingdom (C$1.83M), China (C$480k), and Netherlands (C$226k).

Growth In June 2024, the increase in Petroleum Jelly's year-by-year exports was explained primarily by an increase in exports to United States (C$2.43M or 19.2%), China (C$6.11k or 2.96%), and France (C$2.32k or 16.6k%). In June 2024, the increase in Petroleum Jelly's year-by-year imports was explained primarily by an increase in imports from United States (C$6.34M or 35.6%), Spain (C$3.3M or 23.7%), and Vietnam (C$64.5k or 2.43k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)C$4.1M(40.9%)
IMPORT GROWTH (June 2023 - June 2024)C$9.07M(36.3%)
MAIN EXPORTER (June 2024)OntarioC$14.1M
MAIN DESTINATION (June 2024)United StatesC$13.5M

This section shows Petroleum Jelly's exports and imports data at subnational level for Canada. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Petroleum Jelly over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$151M
IMPORTS (2022)$398M
NET TRADE (2022)-$247M

In 2022, Canada exported $151M in Petroleum Jelly. The main destinations of Canada exports on Petroleum Jelly were United States ($142M), India ($2.06M), Netherlands ($1.76M), China ($1.3M), and Canada ($473k).

In 2022, Canada imported $398M in Petroleum Jelly, mainly from United States ($230M), Spain ($145M), United Kingdom ($6.69M), China ($4.76M), and Greece ($3.96M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Petroleum Jelly EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$20.5M (16.9%)
India$1.88M (1.04k%)
Netherlands$1.7M (2.99k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Jelly BY Canada WERE (2021 - 2022):
Czechia-$650k (-71%)
Germany-$444k (-65.1%)
Poland-$112k (-99.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Petroleum Jelly were:
China $1.26B
United States $466M
Germany $381M
In 2022, Canada's main importing competitors in Petroleum Jelly were:
United States $522M
Germany $447M

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Trade Value of Petroleum Jelly by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $13.5M
TOP IMPORT POTENTIALChina+ $7.76M

Petroleum Jelly’s highest export potential is United States. With an export gap of $13.5M.   Petroleum Jelly’s highest import potential is China with an import gap of $7.76M.

See methodology.

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