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Natural gas in gaseous state

271121 (Harmonized System 1992 for 6-digit)

2023
World Trade $226BRnk 11 / 4644
2023
Top Exporter | Top Importer $66.5B | $35.1BNorway | Germany
2023
Product Complexity -1.26Rnk 4063 / 4656
2022 - 2023
Export Growth (CAGR) -45.3%Rnk 4498 / 4644
2023
Share of World Trade 1%Rnk 11 / 4644

About

Overview This page contains the latest trade data of Natural gas in gaseous state. In 2023, Natural gas in gaseous state were the world's 11th most traded product, with a total trade of $226B. Between 2022 and 2023 the exports of Natural gas in gaseous state decreased by -45.3%, from $414B to $226B. Trade in Natural gas in gaseous state represent 1% of total world trade.

Natural gas in gaseous state are a part of Petroleum Gas.

Exports In 2023 the top exporters of Natural gas in gaseous state  were Norway ($66.5B), Belgium ($33.3B), Russia ($18.7B), Algeria ($15.4B), and France ($12.3B).

Imports In 2023 the top importers of Natural gas in gaseous state were Germany ($35.1B), Italy ($30.9B), France ($28.8B), China ($19.3B), and Belgium ($17.1B).

Ranking Natural gas in gaseous state ranks 4063rd in the Product Complexity Index (PCI).

Description Natural gas is mainly used for heating and cooking. It is also used for generating electricity and by the chemical industry.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Natural gas in gaseous state. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)Norway$66.5B
Top Destination (2023)Germany$35.1B

In 2023 Natural gas in gaseous state were the world's 11th most traded product (out of 4,644).

In 2023, the top exporters of Natural gas in gaseous state were Norway ($66.5B), Belgium ($33.3B), Russia ($18.7B), Algeria ($15.4B), and France ($12.3B).

In 2023, the top importers of Natural gas in gaseous state were Germany ($35.1B), Italy ($30.9B), France ($28.8B), China ($19.3B), and Belgium ($17.1B).

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Exporters of Natural gas in gaseous state (2023)
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Importers of Natural gas in gaseous state (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Kazakhstan$219M
Top Destination Growth (2022 -  2023)Denmark$6.08B

Between 2022 and 2023, the exports of Natural gas in gaseous state grew the fastest in Kazakhstan ($219M), Finland ($211M), Turkmenistan ($187M), Qatar ($179M), and Egypt ($166M).

Between 2022 and 2023, the fastest growing importers of Natural gas in gaseous state were Denmark ($6.08B), China ($1.75B), Turkey ($1.46B), Uzbekistan ($402M), and Morocco ($345M).

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Exporters of Natural gas in gaseous state (2022 - 2023)

Importers of Natural gas in gaseous state (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Natural gas in gaseous state.

In 2023, market concentration measured using Shannon Entropy, was 3.68. This means that most of the exports of Natural gas in gaseous state are explained by 12 countries.

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Value of Exports in Natural gas in gaseous state

Net Trade

TOP NET EXPORTER (2023)Norway$66.5B
TOP NET IMPORTER (2023)Germany$33.7B

This map shows which countries export or import more of Natural gas in gaseous state. Each country is colored based on the difference in exports and imports of Natural gas in gaseous state during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Natural gas in gaseous state were Norway ($66.5B), Russia ($18.5B), Belgium ($16.2B), Algeria ($15.4B), and Turkmenistan ($10.9B).

In 2023, the countries that had a largest trade value in imports than in exports of Natural gas in gaseous state were Germany ($33.7B), Italy ($29.9B), China ($17.1B), France ($16.5B), and Denmark ($7.77B).

Net Trade (2023)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Natural gas in gaseous state.
It is possible to select the main countries that export or import Natural gas in gaseous state in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Natural gas in gaseous state by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

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