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Natural gas in gaseous state

271121 (Harmonized System 1992 for 6-digit)

2022
World Trade $401BRnk 5 / 4648
2022
Top Exporter | Top Importer $148B | $95BNorway | Germany
2022
Product Complexity -1.43Rnk 4196 / 4653
2021 - 2022
Export Growth (CAGR) 120%Rnk 52 / 4648
2022
Share of World Trade 1.69%Rnk 5 / 4648

About

Overview This page contains the latest trade data of Natural gas in gaseous state. In 2022, Natural gas in gaseous state were the world's 5th most traded product, with a total trade of $401B. Between 2021 and 2022 the exports of Natural gas in gaseous state grew by 120%, from $182B to $401B. Trade in Natural gas in gaseous state represent 1.69% of total world trade.

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

Exports In 2022 the top exporters of Natural gas in gaseous state  were Norway ($148B), Belgium ($53.3B), Russia ($41.2B), Canada ($19B), and United States ($17.3B).

Imports In 2022 the top importers of Natural gas in gaseous state were Germany ($95B), Italy ($53.9B), France ($36B), United Kingdom ($35B), and Belgium ($32.1B).

Ranking Natural gas in gaseous state ranks 4196th 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 (2022)Norway$148B
Top Destination (2022)Germany$95B

In 2022 Natural gas in gaseous state were the world's 5th most traded product (out of 4,648).

In 2022, the top exporters of Natural gas in gaseous state were Norway ($148B), Belgium ($53.3B), Russia ($41.2B), Canada ($19B), and United States ($17.3B).

In 2022, the top importers of Natural gas in gaseous state were Germany ($95B), Italy ($53.9B), France ($36B), United Kingdom ($35B), and Belgium ($32.1B).

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Exporters of Natural gas in gaseous state (2022)
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Importers of Natural gas in gaseous state (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Norway$83.7B
Top Destination Growth (2021 -  2022)Germany$64.4B

Between 2021 and 2022, the exports of Natural gas in gaseous state grew the fastest in Norway ($83.7B), Belgium ($40.3B), Russia ($16.7B), France ($11.4B), and Azerbaijan ($9.85B).

Between 2021 and 2022, the fastest growing importers of Natural gas in gaseous state were Germany ($64.4B), Italy ($32.5B), France ($20.3B), Belgium ($16.3B), and Netherlands ($14.4B).

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Exporters of Natural gas in gaseous state (2021 - 2022)

Importers of Natural gas in gaseous state (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 3.46. This means that most of the exports of Natural gas in gaseous state are explained by 11 countries.

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Value of Exports in Natural gas in gaseous state

Net Trade

TOP NET EXPORTER (2022)Norway$148B
TOP NET IMPORTER (2022)Germany$88.4B

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Natural gas in gaseous state were Norway ($148B), Russia ($41B), Belgium ($21.2B), Algeria ($16.4B), and Azerbaijan ($15.4B).

In 2022, the countries that had a largest trade value in imports than in exports of Natural gas in gaseous state were Germany ($88.4B), Italy ($52.9B), United Kingdom ($21.8B), France ($21.8B), and China ($13.5B).

Net Trade (2022)

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 (2022)

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