2021
Exports | Imports
$39.2B | $250MWorld Rnk 4 / 165
Flag Rnk 3 / 1210
World Rnk 70 / 221
Flag Rnk 187 / 1206
2021
ECONOMIC COMPLEXITY of Australia
-0.41Rnk 82 / 131
2021
PRODUCT COMPLEXITY IN Petroleum Gas
-2.03Rnk 1001 / 1024

About

Exports In 2021, Australia exported $39.2B in Petroleum Gas, making it the 4th 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: China ($15B), Japan ($12.8B), South Korea ($5.05B), Chinese Taipei ($3.47B), and Singapore ($1.17B).

The fastest growing export markets for Petroleum Gas of Australia between 2020 and 2021 were China ($5.48B), South Korea ($2.37B), and Chinese Taipei ($2.07B).

Imports In 2021, Australia imported $250M in Petroleum Gas, becoming the 70th largest importer of Petroleum Gas in the world. At the same year, Petroleum Gas was the 187th most imported product in Australia. Australia imports Petroleum Gas primarily from: United States ($226M), South Korea ($10.8M), Papua New Guinea ($3.91M), Malaysia ($2.82M), and China ($1.87M).

The fastest growing import markets in Petroleum Gas for Australia between 2020 and 2021 were United States ($108M), Papua New Guinea ($2.99M), and Malaysia ($2.82M).

Latest Trends

Dec 2023

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

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.

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Historical Data

Trade Balance

Color
EXPORTS (2021)$39.2B
IMPORTS (2021)$250M
NET TRADE (2021)$38.9B

In 2021, Australia exported $39.2B in Petroleum Gas. The main destinations of Australia exports on Petroleum Gas were China ($15B), Japan ($12.8B), South Korea ($5.05B), Chinese Taipei ($3.47B), and Singapore ($1.17B).

In 2021, Australia imported $250M in Petroleum Gas, mainly from United States ($226M), South Korea ($10.8M), Papua New Guinea ($3.91M), Malaysia ($2.82M), and China ($1.87M).

Explore Visualizations

Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
THE FASTEST GROWING Petroleum Gas EXPORT MARKETS FOR Australia WERE (2020 - 2021):
China$5.48B (57.7%)
South Korea$2.37B (88.1%)
Chinese Taipei$2.07B (149%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Gas BY Australia WERE (2020 - 2021):
Malaysia-$502M (-66%)
India-$92.4M (-38.3%)
Chile-$12.1M (-78%)

Change in Exports by Market (2020 - 2021)

Market Concentration

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Flow
Type
In 2021, Australia's main exporting competitors in Petroleum Gas were:
In 2021, Australia's main importing competitors in Petroleum Gas were:
China $56.6B
Japan $40.2B
Italy $30.5B

Explore Visualizations

Trade Value of Petroleum Gas by Exporters

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