Petroleum Jelly in Italy | The Observatory of Economic Complexity

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Exports In 2022, Italy exported $114M in Petroleum Jelly, making it the 11th largest exporter of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 550th most exported product in Italy. The main destination of Petroleum Jelly exports from Italy are: Germany ($29.3M), France ($23.3M), Netherlands ($17.2M), Norway ($3.68M), and Poland ($3.24M).

The fastest growing export markets for Petroleum Jelly of Italy between 2021 and 2022 were Germany ($13.5M), France ($13.4M), and Turkey ($1.75M).

Imports In 2022, Italy imported $170M in Petroleum Jelly, becoming the 7th largest importer of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 465th most imported product in Italy. Italy imports Petroleum Jelly primarily from: China ($51M), Egypt ($29.5M), Germany ($22.8M), Netherlands ($16.7M), and Spain ($9.92M).

The fastest growing import markets in Petroleum Jelly for Italy between 2021 and 2022 were China ($30.6M), Egypt ($20.7M), and Germany ($8.74M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Petroleum Jelly from Italy to the United States.

Latest Trends

December 2023

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Overview In December 2023 Italy's Petroleum Jelly exports accounted up to €2.09M and imports accounted up to €8.37M, resulting in a negative trade balance of €6.28M. Between December 2022 and December 2023 the exports of Italy's Petroleum Jelly have decreased by €-7.32M (-77.8%) from €9.41M to €2.09M, while imports increased by €3.09M (58.3%) from €5.29M to €8.37M.

Destinations In December 2023, Petroleum Jelly were exported mostly to Germany (€632k), France (€308k), Turkey (€270k), China (€213k), and Egypt (€118k), and were imported mostly from Egypt (€2.75M), Germany (€1.9M), China (€1.47M), South Africa (€820k), and Netherlands (€643k).

Growth In December 2023, the decrease in Petroleum Jelly's year-by-year exports was explained primarily by a decrease in exports to France (€-1.8M or -73.9%), Hungary (€-150k or -94.7%), and United States (€-117k or -83.3%). In December 2023, the increase in Petroleum Jelly's year-by-year imports was explained primarily by an increase in imports from Egypt (€1.21M or 47%), China (€362k or 18.3%), and United Kingdom (€103k or 172%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2022 - December 2023)€-7.32M(-77.8%)

IMPORT GROWTH (December 2022 - December 2023)€3.09M(58.3%)

MAIN DESTINATION (December 2023)Germany€632k

This section shows Petroleum Jelly's exports and imports data at subnational level for Italy. 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

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$114M

IMPORTS (2022)$170M

NET TRADE (2022)-$55.7M

In 2022, Italy exported $114M in Petroleum Jelly. The main destinations of Italy exports on Petroleum Jelly were Germany ($29.3M), France ($23.3M), Netherlands ($17.2M), Norway ($3.68M), and Poland ($3.24M).

In 2022, Italy imported $170M in Petroleum Jelly, mainly from China ($51M), Egypt ($29.5M), Germany ($22.8M), Netherlands ($16.7M), and Spain ($9.92M).

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