HS Icon Petroleum Gas in  Flag Australia

2019
Exports | Imports
: $34.1B | $192M, World Rnk 2 / 152
Flag Rnk 3 / 1209 | World Rnk 69 / 219
Flag Rnk 197 / 1204

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $1.73B | $18.2M, China |  Argentina

2019
ECONOMIC COMPLEXITY of Australia
: -0.16, Rnk 81 / 147

2019
PRODUCT COMPLEXITY  IN Petroleum Gas
: -2.48, Rnk 1023 / 1029

Exports In 2019, Australia exported $34.1B 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 ($14.7B), China ($11.8B), South Korea ($3.34B), Chinese Taipei ($1.84B), and Malaysia ($772M).

The fastest growing export markets for Petroleum Gas of Australia between 2018 and 2019 were China ($1.73B), Japan ($918M), and Chinese Taipei ($646M).

Imports In 2019, Australia imported $192M in Petroleum Gas, becoming the 69th largest importer of Petroleum Gas in the world. At the same year, Petroleum Gas was the 197th most imported product in Australia. Australia imports Petroleum Gas primarily from: United States ($127M), New Zealand ($28.8M), Argentina ($18.2M), South Korea ($8.7M), and Singapore ($5.52M).

The fastest growing import markets in Petroleum Gas for Australia between 2018 and 2019 were Argentina ($18.2M), South Korea ($885k), and Estonia ($463k).

Historical Data

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EXPORTS (2019): $34.1B

IMPORTS (2019): $192M

NET TRADE (2019): $33.9B

In 2019, Australia exported $34.1B in Petroleum Gas. The main destinations of Australia exports on Petroleum Gas were Japan ($14.7B), China ($11.8B), South Korea ($3.34B), Chinese Taipei ($1.84B), and Malaysia ($772M).

In 2019, Australia imported $192M in Petroleum Gas, mainly from United States ($127M), New Zealand ($28.8M), Argentina ($18.2M), South Korea ($8.7M), and Singapore ($5.52M).

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IN 2019, Australia HAD A POSITIVE NET TRADE IN Petroleum Gas WITH:

IN 2019, Australia HAD A NEGATIVE NET TRADE IN Petroleum Gas WITH:

Flow

THE FASTEST GROWING Petroleum Gas EXPORT MARKETS FOR Australia WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Gas BY Australia WERE (2018 - 2019):

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Market Concentration

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In 2019, Australia's main exporting competitors in Petroleum Gas were:

In 2019, Australia's main importing competitors in Petroleum Gas were:

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Tariffs by Country

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In 2018, the tariffs for Petroleum Gas in the imports of Australia were of 0% around the world.