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271129 (Harmonized System 1992 for 6-digit)

2022
World Trade $1.67BRnk 1666 / 4648
2022
Top Exporter | Top Importer $1.14B | $1.12BAlgeria | Tunisia
2022
Product Complexity -2.32Rnk 4593 / 4653
2021 - 2022
Export Growth (CAGR) 19.5%Rnk 816 / 4648
2022
Share of World Trade 0.007%Rnk 1666 / 4648

About

Overview This page contains the latest trade data of Petroleum gases and gaseous hydrocarbons nes, as gas. In 2022, Petroleum gases and gaseous hydrocarbons nes, as gas were the world's 1666th most traded product, with a total trade of $1.67B. Between 2021 and 2022 the exports of Petroleum gases and gaseous hydrocarbons nes, as gas grew by 19.5%, from $1.39B to $1.67B. Trade in Petroleum gases and gaseous hydrocarbons nes, as gas represent 0.007% of total world trade.

Petroleum gases and gaseous hydrocarbons nes, as gas are a part of Petroleum Gas.

Exports In 2022 the top exporters of Petroleum gases and gaseous hydrocarbons nes, as gas  were Algeria ($1.14B), Nigeria ($298M), Equatorial Guinea ($58.1M), Italy ($43.8M), and Mozambique ($26.6M).

Imports In 2022 the top importers of Petroleum gases and gaseous hydrocarbons nes, as gas were Tunisia ($1.12B), Belgium ($218M), United States ($127M), South Africa ($86.5M), and Netherlands ($23.8M).

Ranking Petroleum gases and gaseous hydrocarbons nes, as gas ranks 4593rd in the Product Complexity Index (PCI).

Description Petroleum gases and gaseous hydrocarbons are used in a variety of ways. They are used as fuel in the production of electricity and heat, and as a feedstock for the chemical industry. They are also used as raw materials to produce plastics, fabrics, and other materials.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Petroleum gases and gaseous hydrocarbons nes, as gas. 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)Algeria$1.14B
Top Destination (2022)Tunisia$1.12B

In 2022 Petroleum gases and gaseous hydrocarbons nes, as gas were the world's 1666th most traded product (out of 4,648).

In 2022, the top exporters of Petroleum gases and gaseous hydrocarbons nes, as gas were Algeria ($1.14B), Nigeria ($298M), Equatorial Guinea ($58.1M), Italy ($43.8M), and Mozambique ($26.6M).

In 2022, the top importers of Petroleum gases and gaseous hydrocarbons nes, as gas were Tunisia ($1.12B), Belgium ($218M), United States ($127M), South Africa ($86.5M), and Netherlands ($23.8M).

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Exporters of Petroleum gases and gaseous hydrocarbons nes, as gas (2022)
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Importers of Petroleum gases and gaseous hydrocarbons nes, as gas (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Algeria$613M
Top Destination Growth (2021 -  2022)Tunisia$596M

Between 2021 and 2022, the exports of Petroleum gases and gaseous hydrocarbons nes, as gas grew the fastest in Algeria ($613M), Italy ($41.5M), Mozambique ($26.6M), Trinidad and Tobago ($23.4M), and South Korea ($10.6M).

Between 2021 and 2022, the fastest growing importers of Petroleum gases and gaseous hydrocarbons nes, as gas were Tunisia ($596M), South Africa ($41.2M), Netherlands ($20.1M), Sweden ($13.6M), and Italy ($4.97M).

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Exporters of Petroleum gases and gaseous hydrocarbons nes, as gas (2021 - 2022)

Importers of Petroleum gases and gaseous hydrocarbons nes, as gas (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Petroleum gases and gaseous hydrocarbons nes, as gas.

In 2022, market concentration measured using Shannon Entropy, was 1.69. This means that most of the exports of Petroleum gases and gaseous hydrocarbons nes, as gas are explained by 3 countries.

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Value of Exports in Petroleum gases and gaseous hydrocarbons nes, as gas

Net Trade

TOP NET EXPORTER (2022)Algeria$1.14B
TOP NET IMPORTER (2022)Tunisia$1.12B

This map shows which countries export or import more of Petroleum gases and gaseous hydrocarbons nes, as gas. Each country is colored based on the difference in exports and imports of Petroleum gases and gaseous hydrocarbons nes, as gas during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Petroleum gases and gaseous hydrocarbons nes, as gas were Algeria ($1.14B), Nigeria ($294M), Equatorial Guinea ($58M), Italy ($36.2M), and Mozambique ($26.5M).

In 2022, the countries that had a largest trade value in imports than in exports of Petroleum gases and gaseous hydrocarbons nes, as gas were Tunisia ($1.12B), Belgium ($217M), United States ($113M), South Africa ($85.9M), and Netherlands ($20.5M).

Net Trade (2022)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Petroleum gases and gaseous hydrocarbons nes, as gas 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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