2022
Exports | Imports
$4.24B | $72.7BWorld Rnk 25 / 160
Flag Rnk 166 / 1216
World Rnk 2 / 222
Flag Rnk 4 / 1212
2022
ECONOMIC COMPLEXITY of China
1.01Rnk 24 / 124
2022
PRODUCT COMPLEXITY IN Petroleum Gas
-2.03Rnk 1002 / 1025

About

Exports In 2022, China exported $4.24B in Petroleum Gas, making it the 25th largest exporter of Petroleum Gas in the world. At the same year, Petroleum Gas was the 166th most exported product in China. The main destination of Petroleum Gas exports from China are: Hong Kong ($2.32B), South Korea ($616M), Vietnam ($465M), Philippines ($267M), and Spain ($125M).

The fastest growing export markets for Petroleum Gas of China between 2021 and 2022 were South Korea ($610M), Hong Kong ($366M), and Spain ($125M).

Imports In 2022, China imported $72.7B in Petroleum Gas, becoming the 2nd largest importer of Petroleum Gas in the world. At the same year, Petroleum Gas was the 4th most imported product in China. China imports Petroleum Gas primarily from: Australia ($14.2B), Qatar ($12.3B), Russia ($9.5B), Turkmenistan ($8.83B), and Malaysia ($4.56B).

The fastest growing import markets in Petroleum Gas for China between 2021 and 2022 were Russia ($6.76B), Qatar ($6.31B), and Turkmenistan ($2.9B).

COMPANIES In 2023, leading companies such as WAL-MART INC. (67) were at the forefront of shipping Petroleum Gas from China to the United States.

Latest Trends

February 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (February 2023 - February 2024)$-181M(-47.5%)
IMPORT GROWTH (February 2023 - February 2024)$-407M(-5.78%)
MAIN EXPORTER (February 2024)Guangdong Province$116M
MAIN DESTINATION (February 2024)Hong Kong$149M

This section shows Petroleum Gas's exports and imports data at subnational level for China. 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 Gas over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.24B
IMPORTS (2022)$72.7B
NET TRADE (2022)-$68.4B

In 2022, China exported $4.24B in Petroleum Gas. The main destinations of China exports on Petroleum Gas were Hong Kong ($2.32B), South Korea ($616M), Vietnam ($465M), Philippines ($267M), and Spain ($125M).

In 2022, China imported $72.7B in Petroleum Gas, mainly from Australia ($14.2B), Qatar ($12.3B), Russia ($9.5B), Turkmenistan ($8.83B), and Malaysia ($4.56B).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Petroleum Gas EXPORT MARKETS FOR China WERE (2021 - 2022):
South Korea$610M (10.1k%)
Hong Kong$366M (18.7%)
Spain$125M (42.3k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Gas BY China WERE (2021 - 2022):
Vietnam-$24.7M (-5.03%)
Burma-$1.13M (-18%)
United Kingdom-$538k (-12.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Petroleum Gas were:
In 2022, China's main importing competitors in Petroleum Gas were:

Explore Visualizations

Trade Value of Petroleum Gas by Exporters

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