271111 (Harmonized System 1992 for 6-digit)

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Overview This page contains the latest trade data of Natural gas, liquefied. In 2021, Natural gas, liquefied were the world's 14th most traded product, with a total trade of $162B. Between 2020 and 2021 the exports of Natural gas, liquefied grew by 64.1%, from $98.9B to $162B. Trade in Natural gas, liquefied represent 0.77% of total world trade.

Natural gas, liquefied are a part of Petroleum Gas.

Exports In 2021 the top exporters of Natural gas, liquefied  were Australia ($37.5B), United States ($29.9B), Qatar ($29.6B), Russia ($9.72B), and Malaysia ($9.51B).

Imports In 2021 the top importers of Natural gas, liquefied were China ($35.4B), Japan ($32.6B), South Korea ($21.3B), India ($10.7B), and Chinese Taipei ($8.88B).

Ranking Natural gas, liquefied ranks 4600th in the Product Complexity Index (PCI).

Description Natural gas is a fossil fuel and it is used for heating and cooking at homes, for providing hot water in homes and for all residential and commercial cooking. Natural gas is also used for electricity generation, and for manufacturing chemicals, plastics, fertilizers, and other products.

Latest Data

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The following visualization shows the latest trends on Natural gas, liquefied. Countries are shown based on data availability.

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

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Exporters and Importers

Top Origin (2021)Australia$37.5B
Top Destination (2021)China$35.4B

In 2021 Natural gas, liquefied were the world's 14th most traded product (out of 4,641).

In 2021, the top exporters of Natural gas, liquefied were Australia ($37.5B), United States ($29.9B), Qatar ($29.6B), Russia ($9.72B), and Malaysia ($9.51B).

In 2021, the top importers of Natural gas, liquefied were China ($35.4B), Japan ($32.6B), South Korea ($21.3B), India ($10.7B), and Chinese Taipei ($8.88B).

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Exporters of Natural gas, liquefied (2021)
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Importers of Natural gas, liquefied (2021)
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Market Dynamics

Color
Top Origin Growth (2020 -  2021)United States$16.6B
Top Destination Growth (2020 -  2021)China$15.2B

Between 2020 and 2021, the exports of Natural gas, liquefied grew the fastest in United States ($16.6B), Australia ($11.9B), Qatar ($11.3B), Russia ($2.92B), and Egypt ($2.8B).

Between 2020 and 2021, the fastest growing importers of Natural gas, liquefied were China ($15.2B), South Korea ($7.09B), Japan ($5.69B), Chinese Taipei ($4.16B), and India ($3.6B).

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Exporters of Natural gas, liquefied (2020 - 2021)

Importers of Natural gas, liquefied (2020 - 2021)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Natural gas, liquefied.

In 2021, market concentration measured using Shannon Entropy, was 3.53. This means that most of the exports of Natural gas, liquefied are explained by 11 countries.

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Value of Exports in Natural gas, liquefied

Net Trade

TOP NET EXPORTER (2021)Australia$37.5B
TOP NET IMPORTER (2021)China$35.4B

This map shows which countries export or import more of Natural gas, liquefied. Each country is colored based on the difference in exports and imports of Natural gas, liquefied during 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Natural gas, liquefied were Australia ($37.5B), Qatar ($29.6B), United States ($29.3B), Russia ($9.7B), and Malaysia ($9.12B).

In 2021, the countries that had a largest trade value in imports than in exports of Natural gas, liquefied were China ($35.4B), Japan ($32.6B), South Korea ($21.1B), India ($10.7B), and Chinese Taipei ($8.88B).

Net Trade (2021)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Natural gas, liquefied 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 (2021)

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