Petroleum Gas in United Kingdom 2020 Exports | Imports : $2.02B | $5.94B, World Rnk 26 / 152 Rnk 27 / 1216 | World Rnk 10 / 220 Rnk 12 / 1213
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $103M | $319M, Israel | United States
2020 ECONOMIC COMPLEXITY of United Kingdom: 1.42, Rnk 13 / 127
2020 PRODUCT COMPLEXITY IN Petroleum Gas: -1.98, Rnk 1003 / 1029
Exports In 2020, United Kingdom exported $2.02B in Petroleum Gas, making it the 26th largest exporter of Petroleum Gas in the world. At the same year, Petroleum Gas was the 27th most exported product in United Kingdom. The main destination of Petroleum Gas exports from United Kingdom are: Ireland ($489M), Netherlands ($439M), Belgium ($232M), France ($191M), and Israel ($106M).
The fastest growing export markets for Petroleum Gas of United Kingdom between 2019 and 2020 were Israel ($103M), India ($29.5M), and Ukraine ($22.7M).
Imports In 2020, United Kingdom imported $5.94B in Petroleum Gas, becoming the 10th largest importer of Petroleum Gas in the world. At the same year, Petroleum Gas was the 12th most imported product in United Kingdom. United Kingdom imports Petroleum Gas primarily from: Norway ($3.46B), United States ($923M), Qatar ($640M), Russia ($357M), and Netherlands ($132M).
The fastest growing import markets in Petroleum Gas for United Kingdom between 2019 and 2020 were United States ($319M), Russia ($150M), and Trinidad and Tobago ($72.2M).
November 2022
Overview In November 2022 United Kingdom's Petroleum Gas exports accounted up to £436M and imports accounted up to £2.93B, resulting in a negative trade balance of £2.5B. Between November 2021 and November 2022 the exports of United Kingdom's Petroleum Gas have increased by £23.5M (5.7%) from £412M to £436M, while imports decreased by £-70.7M (-2.35%) from £3.01B to £2.93B.
Destinations In November 2022, Petroleum Gas were exported mostly to Netherlands (£220M), Ireland (£130M), Belgium (£48.2M), France (£12.7M), and Poland (£6.2M), and were imported mostly from United States (£1.35B), Norway (£1.02B), Qatar (£227M), Peru (£188M), and Angola (£84.8M).
Growth In November 2022, the increase in Petroleum Gas's year-by-year exports was explained primarily by an increase in exports to Ireland (£59.6M or 184%), Spain (£2.09M or 246%), and Portugal (£1.38M or 15.4k%). In November 2022, the decrease in Petroleum Gas's year-by-year imports was explained primarily by a decrease in imports from Russia (£-119M or -60.9%), Trinidad and Tobago (£-42.1M or -74.7%), and Norway (£-21.3M or -76.2%).
EXPORT GROWTH (November 2021 - November 2022): £23.5M, (5.7%)
IMPORT GROWTH (November 2021 - November 2022): £-70.7M, (-2.35%)
MAIN EXPORTER (November 2022): Grangemouth, £36.4M
MAIN DESTINATION (November 2022): Netherlands, £220M
This section shows Petroleum Gas's exports and imports data at subnational level for United Kingdom. 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 Petroleum Gas over time.
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EXPORTS (2020): $2.02B
IMPORTS (2020): $5.94B
NET TRADE (2020): -$3.92B
In 2020, United Kingdom exported $2.02B in Petroleum Gas. The main destinations of United Kingdom exports on Petroleum Gas were Ireland ($489M), Netherlands ($439M), Belgium ($232M), France ($191M), and Israel ($106M).
In 2020, United Kingdom imported $5.94B in Petroleum Gas, mainly from Norway ($3.46B), United States ($923M), Qatar ($640M), Russia ($357M), and Netherlands ($132M).
THE FASTEST GROWING Petroleum Gas EXPORT MARKETS FOR United Kingdom WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Gas BY United Kingdom WERE (2019 - 2020):
In 2020, United Kingdom's main exporting competitors in Petroleum Gas were:
In 2020, United Kingdom's main importing competitors in Petroleum Gas were:
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