271119 (Harmonized System 1992 for 6-digit)

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Overview This page contains the latest trade data of Petroleum gases & gaseous hydrocarbons nes, liquefied. In 2021, Petroleum gases & gaseous hydrocarbons nes, liquefied were the world's 520th most traded product, with a total trade of $7.06B. Between 2020 and 2021 the exports of Petroleum gases & gaseous hydrocarbons nes, liquefied grew by 49.8%, from $4.71B to $7.06B. Trade in Petroleum gases & gaseous hydrocarbons nes, liquefied represent 0.034% of total world trade.

Petroleum gases & gaseous hydrocarbons nes, liquefied are a part of Petroleum Gas.

Exports In 2021 the top exporters of Petroleum gases & gaseous hydrocarbons nes, liquefied  were United States ($772M), Algeria ($740M), Brunei ($495M), India ($422M), and China ($358M).

Imports In 2021 the top importers of Petroleum gases & gaseous hydrocarbons nes, liquefied were Turkey ($1.33B), Philippines ($558M), Pakistan ($518M), Vietnam ($418M), and Nepal ($411M).

Ranking Petroleum gases & gaseous hydrocarbons nes, liquefied ranks 4349th in the Product Complexity Index (PCI).

Description Petroleum gases and gaseous hydrocarbons are used as fuels in turbines and heaters. They are also used in many industrial processes, such as the production of plastics and styrofoam.

Latest Data

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The following visualization shows the latest trends on Petroleum gases & gaseous hydrocarbons nes, 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)United States$772M
Top Destination (2021)Turkey$1.33B

In 2021 Petroleum gases & gaseous hydrocarbons nes, liquefied were the world's 520th most traded product (out of 4,641).

In 2021, the top exporters of Petroleum gases & gaseous hydrocarbons nes, liquefied were United States ($772M), Algeria ($740M), Brunei ($495M), India ($422M), and China ($358M).

In 2021, the top importers of Petroleum gases & gaseous hydrocarbons nes, liquefied were Turkey ($1.33B), Philippines ($558M), Pakistan ($518M), Vietnam ($418M), and Nepal ($411M).

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Exporters of Petroleum gases & gaseous hydrocarbons nes, liquefied (2021)
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Importers of Petroleum gases & gaseous hydrocarbons nes, liquefied (2021)
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Market Dynamics

Color
Top Origin Growth (2020 -  2021)Algeria$371M
Top Destination Growth (2020 -  2021)Turkey$304M

Between 2020 and 2021, the exports of Petroleum gases & gaseous hydrocarbons nes, liquefied grew the fastest in Algeria ($371M), Brunei ($256M), Netherlands ($220M), Iran ($200M), and India ($185M).

Between 2020 and 2021, the fastest growing importers of Petroleum gases & gaseous hydrocarbons nes, liquefied were Turkey ($304M), Philippines ($273M), Germany ($207M), Pakistan ($179M), and Nepal ($178M).

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Exporters of Petroleum gases & gaseous hydrocarbons nes, liquefied (2020 - 2021)

Importers of Petroleum gases & gaseous hydrocarbons nes, liquefied (2020 - 2021)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Petroleum gases & gaseous hydrocarbons nes, liquefied.

In 2021, market concentration measured using Shannon Entropy, was 4.91. This means that most of the exports of Petroleum gases & gaseous hydrocarbons nes, liquefied are explained by 30 countries.

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Value of Exports in Petroleum gases & gaseous hydrocarbons nes, liquefied

Net Trade

TOP NET EXPORTER (2021)Algeria$739M
TOP NET IMPORTER (2021)Turkey$1.09B

This map shows which countries export or import more of Petroleum gases & gaseous hydrocarbons nes, liquefied. Each country is colored based on the difference in exports and imports of Petroleum gases & gaseous hydrocarbons nes, liquefied during 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Petroleum gases & gaseous hydrocarbons nes, liquefied were Algeria ($739M), United States ($701M), Brunei ($495M), India ($363M), and Iran ($356M).

In 2021, the countries that had a largest trade value in imports than in exports of Petroleum gases & gaseous hydrocarbons nes, liquefied were Turkey ($1.09B), Philippines ($548M), Pakistan ($518M), Sri Lanka ($247M), and Mexico ($239M).

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 & gaseous hydrocarbons nes, liquefied.
It is possible to select the main countries that export or import Petroleum gases & gaseous hydrocarbons nes, liquefied in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Petroleum gases & gaseous hydrocarbons nes, 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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