Natural gas, liquefied in China | The Observatory of Economic Complexity

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Pricing

2022
Exports $1.06BWorld Rnk 23 / 83
Flag

Rnk 596 / 4606

2022
Destination $613MN/A

2021 - 2022
FASTEST GROWING MARKET $613MSouth Korea

2022
Imports $42.8BWorld Rnk 2 / 123
Flag

Rnk 7 / 4539

2022
Origin $5.75B Australia

2021 - 2022
FASTEST GROWING ORIGIN $5.75BQatar

2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

Image 1

Image by James St. John
Link: https://flic.kr/p/2kDccy8

Image 2

Image by Joe Hart
Link: https://flic.kr/p/ngYpRr

Latest Trends
Historical Data

About

The fastest growing export markets for Natural gas, liquefied of China between 2021 and 2022 were South Korea ($613M), Spain ($125M), and Japan ($88.7M).

Imports In 2022, China imported $42.8B in Natural gas, liquefied, becoming the 2nd largest importer of Natural gas, liquefied in the world. At the same year, Natural gas, liquefied was the 7th most imported product in China. China imports Natural gas, liquefied primarily from: Australia ($13.9B), Qatar ($10B), Russia ($5.93B), Malaysia ($4.39B), and Indonesia ($2.19B).

The fastest growing import markets in Natural gas, liquefied for China between 2021 and 2022 were Qatar ($5.75B), Russia ($4.55B), and Malaysia ($1.29B).

COMPANIES In 2023, leading companies such as CrimsonLogic (98.6k), IKEA Group (48.7k), and Itourscm (19.1k) were at the forefront of shipping Natural gas, liquefied from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Natural gas, liquefied exports accounted up to $24.8M and imports accounted up to $3.28B, resulting in a negative trade balance of $3.25B. Between July 2023 and July 2024 the exports of China's Natural gas, liquefied have decreased by $-11.7M (-32%) from $36.5M to $24.8M, while imports increased by $104M (3.28%) from $3.17B to $3.28B.

Destinations In July 2024, Natural gas, liquefied were exported mostly to Malta ($17.2M), Hong Kong ($2.53M), Singapore ($1.81M), Liberia ($1.59M), and United States ($1M), and were imported mostly from Australia ($1.01B), Qatar ($801M), United States ($398M), Russia ($384M), and Malaysia ($263M).

Growth In July 2024, the decrease in Natural gas, liquefied's year-by-year exports was explained primarily by a decrease in exports to . In July 2024, the increase in Natural gas, liquefied's year-by-year imports was explained primarily by an increase in imports from Russia ($243M or 125%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (July 2023 - July 2024)$-11.7M(-32%)

IMPORT GROWTH (July 2023 - July 2024)$104M(3.28%)

MAIN EXPORTER (July 2024)Zhejiang Province$37.5M

MAIN DESTINATION (July 2024)Malta$17.2M

This section shows Natural gas, liquefied's exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Natural gas, liquefied over time.

For full datasets download visit Bulk Download page.

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Unit Prices

Flow

Exports

Imports

Value

Unit Price

Index (YoY)

Growth (YoY)

The following visualization shows the unit prices for Natural gas, liquefied throughout time. Products without a clear unit are excluded.

Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$1.06B

IMPORTS (2022)$42.8B

NET TRADE (2022)-$41.7B

In 2022, China imported $42.8B in Natural gas, liquefied, mainly from Australia ($13.9B), Qatar ($10B), Russia ($5.93B), Malaysia ($4.39B), and Indonesia ($2.19B).

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