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2022
Exports $466MWorld Rnk 2 / 146
Flag Rnk 407 / 1217
2022
Destination $27.4M Canada
2021 - 2022
FASTEST GROWING MARKET $27.4MCanada
2022
PRODUCT COMPLEXITY IN Petroleum Jelly-0.22Rnk 621 / 1025
2022
Imports $522MWorld Rnk 1 / 209
Flag Rnk 530 / 1216
2022
Origin $24.2M China
2021 - 2022
FASTEST GROWING ORIGIN $24.2MSouth Africa
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $466M in Petroleum Jelly, making it the 2nd largest exporter of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 407th most exported product in United States. The main destination of Petroleum Jelly exports from United States are: Canada ($230M), Mexico ($73.7M), Japan ($28M), China ($13.6M), and Netherlands ($12.9M).

The fastest growing export markets for Petroleum Jelly of United States between 2021 and 2022 were Canada ($27.4M), Mexico ($19.9M), and Japan ($9.95M).

Imports In 2022, United States imported $522M in Petroleum Jelly, becoming the 1st largest importer of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 530th most imported product in United States. United States imports Petroleum Jelly primarily from: China ($144M), Canada ($142M), South Africa ($52.8M), Chinese Taipei ($43.4M), and Malaysia ($22.3M).

The fastest growing import markets in Petroleum Jelly for United States between 2021 and 2022 were South Africa ($24.2M), China ($21.5M), and Canada ($20.5M).

COMPANIES In 2023, leading companies such as Walong Marketing (171), CrimsonLogic (37), and Continental Tire (34) were at the forefront of shipping Petroleum Jelly to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Petroleum Jelly exports accounted up to $38M and imports accounted up to $31.7M, resulting in a positive trade balance of $6.32M. Between June 2023 and June 2024 the exports of United States'   Petroleum Jelly have increased by $6.3M (19.9%) from $31.7M to $38M, while imports increased by $7.89M (33.1%) from $23.8M to $31.7M.

Destinations In June 2024, Petroleum Jelly were exported mostly to Canada ($17.2M), Mexico ($11.2M), Japan ($1.74M), Netherlands ($1.22M), and India ($1.05M), and were imported mostly from Canada ($9.81M), China ($7.92M), Thailand ($3.02M), South Africa ($2.67M), and Malaysia ($2.28M).

Growth In June 2024, the increase in Petroleum Jelly's year-by-year exports was explained primarily by an increase in exports to Canada ($1.36M or 7.89%), Australia ($417k or 87.2%), and Czechia ($194k or 1.04k%). In June 2024, the increase in Petroleum Jelly's year-by-year imports was explained primarily by an increase in imports from South Africa ($5.32M or 126%), Canada ($1.32M or 13.4%), and Spain ($439k or 334%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$6.3M(19.9%)
IMPORT GROWTH (June 2023 - June 2024)$7.89M(33.1%)
MAIN EXPORTER (June 2024)Pennsylvania$18.8M
MAIN DESTINATION (June 2024)Canada$17.2M

This section shows Petroleum Jelly's exports and imports data at subnational level for United States. 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)$466M
IMPORTS (2022)$522M
NET TRADE (2022)-$55.6M

In 2022, United States exported $466M in Petroleum Jelly. The main destinations of United States exports on Petroleum Jelly were Canada ($230M), Mexico ($73.7M), Japan ($28M), China ($13.6M), and Netherlands ($12.9M).

In 2022, United States imported $522M in Petroleum Jelly, mainly from China ($144M), Canada ($142M), South Africa ($52.8M), Chinese Taipei ($43.4M), and Malaysia ($22.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Petroleum Jelly EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$27.4M (13.5%)
Mexico$19.9M (36.9%)
Japan$9.95M (55.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Jelly BY United States WERE (2021 - 2022):
France-$5.1M (-29.4%)
Malaysia-$2.19M (-60.1%)
Germany-$589k (-5.75%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Petroleum Jelly were:
China $1.26B
Germany $381M
In 2022, United States's main importing competitors in Petroleum Jelly were:
Germany $447M
Canada $398M

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Trade Value of Petroleum Jelly by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $7.63M
TOP IMPORT POTENTIALChina+ $13.8M

Petroleum Jelly’s highest export potential is India. With an export gap of $7.63M.   Petroleum Jelly’s highest import potential is China with an import gap of $13.8M.

See methodology.

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