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Natural gas, liquefied

271111 (Harmonized System 1992 for 6-digit)

2022
World Trade $325BRnk 8 / 4648
2022
Top Exporter | Top Importer $65.7B | $54.7BAustralia | Japan
2022
Product Complexity -2.09Rnk 4548 / 4653
2021 - 2022
Export Growth (CAGR) 92.8%Rnk 68 / 4648
2022
Share of World Trade 1.37%Rnk 8 / 4648

About

Overview This page contains the latest trade data of Natural gas, liquefied. In 2022, Natural gas, liquefied were the world's 8th most traded product, with a total trade of $325B. Between 2021 and 2022 the exports of Natural gas, liquefied grew by 92.8%, from $169B to $325B. Trade in Natural gas, liquefied represent 1.37% of total world trade.

Natural gas, liquefied are a part of Petroleum Gas.

Exports In 2022 the top exporters of Natural gas, liquefied  were Australia ($65.7B), United States ($63.9B), Qatar ($59.5B), Russia ($28.7B), and Malaysia ($18.4B).

Imports In 2022 the top importers of Natural gas, liquefied were Japan ($54.7B), China ($42.8B), South Korea ($41.9B), France ($24B), and United Kingdom ($21.2B).

Ranking Natural gas, liquefied ranks 4548th in the Product Complexity Index (PCI).

Description Natural gas is a fossil fuel and it is used for heating and cooking at homes, for providing hot water in homes and for all residential and commercial cooking. Natural gas is also used for electricity generation, and for manufacturing chemicals, plastics, fertilizers, and other products.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Natural gas, 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.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)Australia$65.7B
Top Destination (2022)Japan$54.7B

In 2022 Natural gas, liquefied were the world's 8th most traded product (out of 4,648).

In 2022, the top exporters of Natural gas, liquefied were Australia ($65.7B), United States ($63.9B), Qatar ($59.5B), Russia ($28.7B), and Malaysia ($18.4B).

In 2022, the top importers of Natural gas, liquefied were Japan ($54.7B), China ($42.8B), South Korea ($41.9B), France ($24B), and United Kingdom ($21.2B).

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Exporters of Natural gas, liquefied (2022)
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Importers of Natural gas, liquefied (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$33.6B
Top Destination Growth (2021 -  2022)Japan$21.8B

Between 2021 and 2022, the exports of Natural gas, liquefied grew the fastest in United States ($33.6B), Qatar ($29.5B), Australia ($27.4B), Russia ($19B), and Malaysia ($8.85B).

Between 2021 and 2022, the fastest growing importers of Natural gas, liquefied were Japan ($21.8B), South Korea ($20.5B), France ($17.6B), United Kingdom ($15.9B), and Spain ($12.1B).

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Exporters of Natural gas, liquefied (2021 - 2022)

Importers of Natural gas, liquefied (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 3.57. This means that most of the exports of Natural gas, liquefied are explained by 11 countries.

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Value of Exports in Natural gas, liquefied

Net Trade

TOP NET EXPORTER (2022)Australia$65.6B
TOP NET IMPORTER (2022)Japan$54.7B

This map shows which countries export or import more of Natural gas, liquefied. Each country is colored based on the difference in exports and imports of Natural gas, liquefied during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Natural gas, liquefied were Australia ($65.6B), United States ($62.2B), Qatar ($59.5B), Russia ($28.7B), and Malaysia ($16.7B).

In 2022, the countries that had a largest trade value in imports than in exports of Natural gas, liquefied were Japan ($54.7B), South Korea ($41.9B), China ($41.7B), France ($23.1B), and United Kingdom ($20B).

Net Trade (2022)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Natural gas, 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 (2022)

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