Natural gas, liquefied in United States | The Observatory of Economic Complexity

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Exports In 2022, United States exported $63.9B in Natural gas, liquefied, making it the 2nd largest exporter of Natural gas, liquefied in the world. At the same year, Natural gas, liquefied was the 3rd most exported product in United States. The main destination of Natural gas, liquefied exports from United States are: United Kingdom ($9.43B), France ($7.58B), Spain ($7.05B), Netherlands ($5.64B), and South Korea ($4.53B).

The fastest growing export markets for Natural gas, liquefied of United States between 2021 and 2022 were United Kingdom ($8.02B), France ($6.25B), and Spain ($4.8B).

Imports In 2022, United States imported $1.7B in Natural gas, liquefied, becoming the 24th largest importer of Natural gas, liquefied in the world. At the same year, Natural gas, liquefied was the 298th most imported product in United States. United States imports Natural gas, liquefied primarily from: Trinidad and Tobago ($862M), Spain ($375M), Jamaica ($244M), Nigeria ($98.7M), and Oman ($88.1M).

The fastest growing import markets in Natural gas, liquefied for United States between 2021 and 2022 were Trinidad and Tobago ($548M), Spain ($266M), and Jamaica ($180M).

COMPANIES In 2023, leading companies such as LG ELECTRONICS U.S.A. INC. (10.1M), IKEA SUPPLY AG (9.91M), and WAL-MART INC. (7M) were at the forefront of shipping Natural gas, liquefied to the United States.

Latest Trends

January 2024

About

Overview In January 2024 United States' Natural gas, liquefied exports accounted up to $2.76B and imports accounted up to $106M, resulting in a positive trade balance of $2.65B. Between January 2023 and January 2024 the exports of United States' Natural gas, liquefied have decreased by $-1.61B (-36.9%) from $4.37B to $2.76B, while imports decreased by $-63.4M (-37.5%) from $169M to $106M.

Destinations In January 2024, Natural gas, liquefied were exported mostly to Netherlands ($382M), United Kingdom ($318M), Turkey ($258M), Spain ($230M), and Italy ($190M), and were imported mostly from Norway ($39.7M), Nigeria ($38.9M), and Trinidad and Tobago ($27.2M).

Growth In January 2024, the decrease in Natural gas, liquefied's year-by-year exports was explained primarily by a decrease in exports to Spain ($-226M or -43.4%), Turkey ($-101M or -24%), and Belgium ($-51.7M or -63.1%). In January 2024, the decrease in Natural gas, liquefied's year-by-year imports was explained primarily by a decrease in imports from Trinidad and Tobago ($-111M or -57.2%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)$-1.61B(-36.9%)

IMPORT GROWTH (January 2023 - January 2024)$-63.4M(-37.5%)

MAIN EXPORTER (January 2024)Louisiana$1.78B

MAIN DESTINATION (January 2024)Netherlands$382M

This section shows Natural gas, liquefied'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 Natural gas, liquefied over time.

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