2021
Exports | Imports
$70.9B | $14.4BWorld Rnk 1 / 165
Flag Rnk 2 / 1216
World Rnk 11 / 221
Flag Rnk 28 / 1215
2021
ECONOMIC COMPLEXITY of United States
1.46Rnk 10 / 131
2021
PRODUCT COMPLEXITY IN Petroleum Gas
-2.03Rnk 1001 / 1024

About

Exports In 2021, United States exported $70.9B in Petroleum Gas, making it the 1st largest exporter of Petroleum Gas in the world. At the same year, Petroleum Gas was the 2nd most exported product in United States. The main destination of Petroleum Gas exports from United States are: Mexico ($14B), Japan ($8.76B), South Korea ($6.61B), China ($6.33B), and Brazil ($3.68B).

The fastest growing export markets for Petroleum Gas of United States between 2020 and 2021 were Mexico ($7.77B), China ($3.86B), and Japan ($3.64B).

Imports In 2021, United States imported $14.4B in Petroleum Gas, becoming the 11th largest importer of Petroleum Gas in the world. At the same year, Petroleum Gas was the 28th most imported product in United States. United States imports Petroleum Gas primarily from: Canada ($13.4B), Trinidad and Tobago ($308M), Nigeria ($235M), Equatorial Guinea ($162M), and Spain ($110M).

The fastest growing import markets in Petroleum Gas for United States between 2020 and 2021 were Canada ($6.96B), Spain ($110M), and Equatorial Guinea ($90.1M).

Latest Trends

November 2023

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2022 - November 2023)$-1.21B(-17.3%)
IMPORT GROWTH (November 2022 - November 2023)$-855M(-46.2%)
MAIN EXPORTER (November 2023)Texas$3.47B
MAIN DESTINATION (November 2023)Japan$677M

This section shows Petroleum Gas's exports and imports data at subnational level for United States. 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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Historical Data

Trade Balance

Color
EXPORTS (2021)$70.9B
IMPORTS (2021)$14.4B
NET TRADE (2021)$56.5B

In 2021, United States exported $70.9B in Petroleum Gas. The main destinations of United States exports on Petroleum Gas were Mexico ($14B), Japan ($8.76B), South Korea ($6.61B), China ($6.33B), and Brazil ($3.68B).

In 2021, United States imported $14.4B in Petroleum Gas, mainly from Canada ($13.4B), Trinidad and Tobago ($308M), Nigeria ($235M), Equatorial Guinea ($162M), and Spain ($110M).

Explore Visualizations

Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
THE FASTEST GROWING Petroleum Gas EXPORT MARKETS FOR United States WERE (2020 - 2021):
Mexico$7.77B (125%)
China$3.86B (156%)
Japan$3.64B (71.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Gas BY United States WERE (2020 - 2021):
Cote d'Ivoire-$43.6M (-59.3%)
United Arab Emirates-$42.1M (-99.6%)
Philippines-$30.8M (-54.8%)

Change in Exports by Market (2020 - 2021)

Market Concentration

View
Flow
Type
In 2021, United States's main exporting competitors in Petroleum Gas were:
Norway $57.7B
Qatar $57.2B
In 2021, United States'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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