Overview: In 2018, Petroleum Gas were the world's 9th most traded product, with a total trade of $299B. Between 2017 and 2018 the exports of Petroleum Gas grew by 16.1%, from $257B to $299B. Trade in Petroleum Gas represent 1.63% of total world trade.
Exports: In 2018 the top exporters of Petroleum Gas were Norway ($37.2B), Qatar ($31B), United States ($30.2B), Russia ($27.4B), and Australia ($17.6B).
Imports: In 2018 the top importers of Petroleum Gas were China ($44.2B), South Korea ($23B), Japan ($19.3B), Italy ($18.2B), and France ($17.3B).
Tariffs: In 2018 the average tariff for Petroleum Gas was 3.1%, been the 75 lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Petroleum Gas are Bermuda (25%), Jordan (23.3%), Iran (19.5%), Nepal (15%), and Zambia (13.6%). The countries with the lowest tariffs are Madagascar (0%), Mauritius (0%), Hong Kong (0%), Lebanon (0%), and Sri Lanka (0%).
Ranking: Petroleum Gas ranks 1010th in the Product Complexity Index (PCI).