271129 (Harmonized System 1992 for 6-digit)

About

Overview This page contains the latest trade data of Petroleum gases and gaseous hydrocarbons nes, as gas. In 2021, Petroleum gases and gaseous hydrocarbons nes, as gas were the world's 1782nd most traded product, with a total trade of $1.38B. Between 2020 and 2021 the exports of Petroleum gases and gaseous hydrocarbons nes, as gas decreased by -16.6%, from $1.66B to $1.38B. Trade in Petroleum gases and gaseous hydrocarbons nes, as gas represent 0.0066% of total world trade.

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

Exports In 2021 the top exporters of Petroleum gases and gaseous hydrocarbons nes, as gas  were Nigeria ($640M), Algeria ($528M), Equatorial Guinea ($83M), Netherlands ($30.2M), and Dominican Republic ($20.1M).

Imports In 2021 the top importers of Petroleum gases and gaseous hydrocarbons nes, as gas were Tunisia ($528M), United States ($318M), Belgium ($246M), China ($124M), and Turkey ($60.8M).

Ranking Petroleum gases and gaseous hydrocarbons nes, as gas ranks 4597th 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 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.

* 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)Nigeria$640M
Top Destination (2021)Tunisia$528M

In 2021 Petroleum gases and gaseous hydrocarbons nes, as gas were the world's 1782nd most traded product (out of 4,641).

In 2021, the top exporters of Petroleum gases and gaseous hydrocarbons nes, as gas were Nigeria ($640M), Algeria ($528M), Equatorial Guinea ($83M), Netherlands ($30.2M), and Dominican Republic ($20.1M).

In 2021, the top importers of Petroleum gases and gaseous hydrocarbons nes, as gas were Tunisia ($528M), United States ($318M), Belgium ($246M), China ($124M), and Turkey ($60.8M).

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Exporters of Petroleum gases and gaseous hydrocarbons nes, as gas (2021)
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Importers of Petroleum gases and gaseous hydrocarbons nes, as gas (2021)
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Market Dynamics

Color
Top Origin Growth (2020 -  2021)Nigeria$157M
Top Destination Growth (2020 -  2021)United States$140M

Between 2020 and 2021, the exports of Petroleum gases and gaseous hydrocarbons nes, as gas grew the fastest in Nigeria ($157M), Equatorial Guinea ($81.2M), Dominican Republic ($20.1M), Netherlands ($13.4M), and Argentina ($9.34M).

Between 2020 and 2021, the fastest growing importers of Petroleum gases and gaseous hydrocarbons nes, as gas were United States ($140M), Belgium ($108M), Turkey ($60.6M), Hungary ($4.83M), and Mexico ($2.53M).

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Exporters of Petroleum gases and gaseous hydrocarbons nes, as gas (2020 - 2021)

Importers of Petroleum gases and gaseous hydrocarbons nes, as gas (2020 - 2021)

Market Concentration

Value

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

In 2021, market concentration measured using Shannon Entropy, was 1.99. 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 (2021)Nigeria$640M
TOP NET IMPORTER (2021)United States$304M

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 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Petroleum gases and gaseous hydrocarbons nes, as gas were Nigeria ($640M), Algeria ($528M), Equatorial Guinea ($82.9M), Netherlands ($26.5M), and Dominican Republic ($19.9M).

In 2021, the countries that had a largest trade value in imports than in exports of Petroleum gases and gaseous hydrocarbons nes, as gas were United States ($304M), Belgium ($237M), China ($122M), Turkey ($60.8M), and South Africa ($43.7M).

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 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 (2021)

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