Petroleum Gas in Australia 2020 Exports | Imports : $26.8B | $155M, World Rnk 2 / 152 Rnk 3 / 1205 | World Rnk 70 / 220 Rnk 229 / 1203
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $53.5M | $22.8M, Indonesia | Indonesia
2020 ECONOMIC COMPLEXITY of Australia: -0.31, Rnk 74 / 127
2020 PRODUCT COMPLEXITY IN Petroleum Gas: -1.98, Rnk 1003 / 1029
Exports In 2020, Australia exported $26.8B in Petroleum Gas, making it the 2nd largest exporter of Petroleum Gas in the world. At the same year, Petroleum Gas was the 3rd most exported product in Australia. The main destination of Petroleum Gas exports from Australia are: Japan ($11B), China ($9.55B), South Korea ($2.69B), Chinese Taipei ($1.4B), and Malaysia ($756M).
The fastest growing export markets for Petroleum Gas of Australia between 2019 and 2020 were Indonesia ($53.5M), Chile ($15.5M), and Vietnam ($4.14M).
Imports In 2020, Australia imported $155M in Petroleum Gas, becoming the 70th largest importer of Petroleum Gas in the world. At the same year, Petroleum Gas was the 229th most imported product in Australia. Australia imports Petroleum Gas primarily from: United States ($117M), Indonesia ($22.8M), South Korea ($10.2M), China ($1.49M), and Papua New Guinea ($919k).
The fastest growing import markets in Petroleum Gas for Australia between 2019 and 2020 were Indonesia ($22.8M), South Korea ($1.53M), and Papua New Guinea ($919k).
For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.
The following visualization shows the latest trends on Petroleum Gas. Countries are shown based on data availability.
* Using January 2020 exchange rates when trade data is reported in local currency.
EXPORTS (2020): $26.8B
IMPORTS (2020): $155M
NET TRADE (2020): $26.7B
In 2020, Australia exported $26.8B in Petroleum Gas. The main destinations of Australia exports on Petroleum Gas were Japan ($11B), China ($9.55B), South Korea ($2.69B), Chinese Taipei ($1.4B), and Malaysia ($756M).
In 2020, Australia imported $155M in Petroleum Gas, mainly from United States ($117M), Indonesia ($22.8M), South Korea ($10.2M), China ($1.49M), and Papua New Guinea ($919k).
THE FASTEST GROWING Petroleum Gas EXPORT MARKETS FOR Australia WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Gas BY Australia WERE (2019 - 2020):
In 2020, Australia's main exporting competitors in Petroleum Gas were:
In 2020, Australia's main importing competitors in Petroleum Gas were:
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