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271112 (Harmonized System 1992 for 6-digit)

2021
World Trade $67.5BRnk 41 / 4641
2021
Top Exporter | Top Importer $25.5B | $8.66BQatar | China
2021
Product Complexity -1.74Rnk 4417 / 4648
2020 - 2021
Export Growth (CAGR) 145%Rnk 26 / 4641
2018
Mean Tariff 4.55%Rnk 4567 / 6538
2021
Share of World Trade 0.32%Rnk 41 / 4641

About

Overview This page contains the latest trade data of Propane, liquefied. In 2021, Propane, liquefied were the world's 41st most traded product, with a total trade of $67.5B. Between 2020 and 2021 the exports of Propane, liquefied grew by 145%, from $27.5B to $67.5B. Trade in Propane, liquefied represent 0.32% of total world trade.

Propane, liquefied are a part of Petroleum Gas.

Exports In 2021 the top exporters of Propane, liquefied  were Qatar ($25.5B), United States ($20.4B), United Arab Emirates ($3.76B), Canada ($3.19B), and Saudi Arabia ($1.6B).

Imports In 2021 the top importers of Propane, liquefied were China ($8.66B), Japan ($6.8B), India ($5.13B), Italy ($3.67B), and United Kingdom ($3.03B).

Tariffs In 2018 the average tariff for Propane, liquefied was 4.55%, making it the 4567th lowest tariff using the HS6 product classification.

Ranking Propane, liquefied ranks 4417th in the Product Complexity Index (PCI).

Description Propane is more commonly used as a fuel for gas grills, as a fuel source for propane camping stoves and heaters, and as a fuel for propane furnaces.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Propane, 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)Qatar$25.5B
Top Destination (2021)China$8.66B

In 2021 Propane, liquefied were the world's 41st most traded product (out of 4,641).

In 2021, the top exporters of Propane, liquefied were Qatar ($25.5B), United States ($20.4B), United Arab Emirates ($3.76B), Canada ($3.19B), and Saudi Arabia ($1.6B).

In 2021, the top importers of Propane, liquefied were China ($8.66B), Japan ($6.8B), India ($5.13B), Italy ($3.67B), and United Kingdom ($3.03B).

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Exporters of Propane, liquefied (2021)
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Importers of Propane, liquefied (2021)
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Market Dynamics

Color
Top Origin Growth (2020 -  2021)Qatar$23B
Top Destination Growth (2020 -  2021)China$3.34B

Between 2020 and 2021, the exports of Propane, liquefied grew the fastest in Qatar ($23B), United States ($8.72B), Canada ($1.81B), United Arab Emirates ($1.5B), and Algeria ($665M).

Between 2020 and 2021, the fastest growing importers of Propane, liquefied were China ($3.34B), Japan ($2.98B), United Kingdom ($2.77B), Italy ($2.75B), and Pakistan ($2.4B).

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Exporters of Propane, liquefied (2020 - 2021)

Importers of Propane, liquefied (2020 - 2021)

Market Concentration

Cumulative market share

Value

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

In 2021, market concentration measured using Shannon Entropy, was 2.96. This means that most of the exports of Propane, liquefied are explained by 7 countries.

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Value of Exports in Propane, liquefied

Net Trade

TOP NET EXPORTER (2021)Qatar$25.5B
TOP NET IMPORTER (2021)China$8.44B

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

In 2021, the countries that had a largest trade value in exports than in imports of Propane, liquefied were Qatar ($25.5B), United States ($18.4B), Canada ($3.1B), Saudi Arabia ($1.59B), and Algeria ($1.56B).

In 2021, the countries that had a largest trade value in imports than in exports of Propane, liquefied were China ($8.44B), Japan ($6.8B), India ($5.12B), Italy ($3.65B), and Mexico ($2.97B).

Net Trade (2021)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Propane, 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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