Overview This page contains the latest trade data of Petroleum Gas. In 2019, Petroleum Gas were the world's 9th most traded product, with a total trade of $300B. Between 2018 and 2019 the exports of Petroleum Gas decreased by -9.51%, from $331B to $300B. Trade in Petroleum Gas represent 1.65% of total world trade.
Exports In 2019 the top exporters of Petroleum Gas were Qatar ($44.2B), Australia ($34.1B), United States ($32.3B), Russia ($26.3B), and Norway ($23B).
Imports In 2019 the top importers of Petroleum Gas were China ($47.8B), Japan ($42.3B), South Korea ($21.8B), India ($16.4B), and Italy ($15.8B).
Tariffs In 2018 the average tariff for Petroleum Gas was 3.79%, making it the 1039th 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 950th in the Product Complexity Index (PCI).
Description Petroleum gas is primarily used for heating, cooking, and hot water. Other gaseous hydrocarbons are used in the production of plastics, fertilizers, solvents, and other products.