Overview In June 2023 China's Petroleum Gas exports accounted up to $264M and imports accounted up to $6.77B, resulting in a negative trade balance of $6.51B. Between June 2022 and June 2023 the exports of China's Petroleum Gas have increased by $17.5M (7.07%) from $247M to $264M, while imports decreased by $-80.2M (-1.17%) from $6.85B to $6.77B.
Destinations In June 2023, Petroleum Gas were exported mostly to Hong Kong ($211M), Vietnam ($12.8M), Malta ($10.5M), Thailand ($9.99M), and Philippines ($9.97M), and were imported mostly from Australia ($1.21B), Russia ($1.07B), Qatar ($825M), Turkmenistan ($805M), and United States ($707M).
Growth In June 2023, the increase in Petroleum Gas's year-by-year exports was explained primarily by an increase in exports to Hong Kong ($95M or 166%), Philippines ($3.59M or 55.6%), and Vietnam ($3.43M or 22.1%). In June 2023, the decrease in Petroleum Gas's year-by-year imports was explained primarily by a decrease in imports from Nigeria ($-83.3M or -46.5%), Papua New Guinea ($-65.5M or -42.5%), and Kazakhstan ($-53.3M or -98.6%).