Petroleum Jelly in Philippines | The Observatory of Economic Complexity

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Exports In 2022, Philippines exported $492k in Petroleum Jelly, making it the 64th largest exporter of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 670th most exported product in Philippines. The main destination of Petroleum Jelly exports from Philippines are: Japan ($420k), United States ($51k), Thailand ($12.6k), Pakistan ($8.87k), and India ($232).

The fastest growing export markets for Petroleum Jelly of Philippines between 2021 and 2022 were Thailand ($11.9k), Pakistan ($8.87k), and India ($154).

Imports In 2022, Philippines imported $25M in Petroleum Jelly, becoming the 34th largest importer of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 532nd most imported product in Philippines. Philippines imports Petroleum Jelly primarily from: China ($20.2M), United States ($1.85M), India ($685k), Malaysia ($503k), and Japan ($458k).

The fastest growing import markets in Petroleum Jelly for Philippines between 2021 and 2022 were China ($3.57M), United States ($720k), and India ($184k).

Latest Trends

August 2021

About

Overview In August 2021 Philippines' Petroleum Jelly exports accounted up to $62.1k and imports accounted up to $532k, resulting in a negative trade balance of $470k. Between August 2020 and August 2021 the exports of Philippines' Petroleum Jelly have increased by $7.13k (13%) from $55k to $62.1k, while imports decreased by $-177k (-24.9%) from $709k to $532k.

Destinations In August 2021, Petroleum Jelly were exported mostly to Japan ($49.4k) and United States ($12.7k), and were imported mostly from China ($207k), United States ($140k), Malaysia ($72.1k), Singapore ($51.3k), and Japan ($39.4k).

Growth In August 2021, the increase in Petroleum Jelly's year-by-year exports was explained primarily by an increase in exports to . In August 2021, the decrease in Petroleum Jelly's year-by-year imports was explained primarily by a decrease in imports from United States ($-59.9k or -45.4%), Italy ($-41.7k or -36.8%), and Germany ($-35.7k or -37.8%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (August 2020 - August 2021)$7.13k(13%)

IMPORT GROWTH (August 2020 - August 2021)$-177k(-24.9%)

MAIN DESTINATION (August 2021)Japan$49.4k

This section shows Petroleum Jelly's exports and imports data at subnational level for Philippines. 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)$492k

IMPORTS (2022)$25M

NET TRADE (2022)-$24.5M

In 2022, Philippines exported $492k in Petroleum Jelly. The main destinations of Philippines exports on Petroleum Jelly were Japan ($420k), United States ($51k), Thailand ($12.6k), Pakistan ($8.87k), and India ($232).

In 2022, Philippines imported $25M in Petroleum Jelly, mainly from China ($20.2M), United States ($1.85M), India ($685k), Malaysia ($503k), and Japan ($458k).

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