Petroleum gas trade by country: top importers, exporters and prices
World trade in petroleum gas was worth $489.12 billion in 2024, about 873.04 million tonnes. That is an increase of 81% since 2017, and down 15% on 2023.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
World trade by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $489.12B | 873.04M t |
| 2023 | $573.45B | 874.05M t |
| 2022 | $880.69B | 842.43M t |
| 2021 | $482.51B | 1005.75M t |
| 2020 | $238.09B | 865.01M t |
| 2019 | $315.09B | 871.85M t |
| 2018 | $348.71B | 816.25M t |
| 2017 | $270.22B | 790.30M t |
Top petroleum gas exporting countries
The United States is the largest exporter with 17% of world exports, followed by Norway and Australia. The top three supply 39% between them, out of 152 exporting countries.
| Exporter | Value | Share |
|---|---|---|
| United States | $84.77B | 17% |
| Norway | $55.31B | 11% |
| Australia | $49.02B | 10% |
| Qatar | $44.64B | 9.1% |
| Russia | $40.65B | 8.3% |
| Belgium | $23.46B | 4.8% |
| Algeria | $21.66B | 4.4% |
| Malaysia | $16.92B | 3.5% |
| United Arab Emirates | $14.62B | 3% |
| Turkmenistan | $10.69B | 2.2% |
| Nigeria | $10.67B | 2.2% |
| Canada | $10.27B | 2.1% |
Top importing countries and buyer markets
The largest importers are China (18%), Japan (10%) and South Korea (7%). 223 countries imported it, and the top three take 35% of the value.
| Importer | Value | Share |
|---|---|---|
| China | $87.83B | 18% |
| Japan | $47.14B | 9.6% |
| South Korea | $34.00B | 7% |
| France | $32.68B | 6.7% |
| India | $30.72B | 6.3% |
| Italy | $29.67B | 6.1% |
| Germany | $26.16B | 5.4% |
| Netherlands | $17.52B | 3.6% |
| United Kingdom | $17.16B | 3.5% |
| Belgium | $15.43B | 3.2% |
| Taiwan | $12.36B | 2.5% |
| Spain | $10.90B | 2.2% |
Average price per kg
The world average declared value was about $0.56 per kg in 2024. Among the main exporters, Algeria averaged $0.61 per kg and the United States $0.54 per kg, so grade and origin matter.
Declared value divided by weight, all 2024 shipments worldwide. Prices per shipment and per company are in EximDataX.
Who is behind these numbers in this market?
Public statistics stop at country totals and the last published year. EximDataX shows the shipment records underneath: the companies, dates, quantities and declared values, updated weekly.
Shipment records are in the platform
Tell us what you trade and we will show you the latest records on a live call.
Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 2711: Petroleum gases and other gaseous hydrocarbons. HS 2711 codes.
Common questions
Which countries export the most petroleum gas?
The United States exported $84.77 billion in 2024, 17% of the world total, followed by Norway (11%) and Australia (10%). In all, 152 countries reported exports of this product. The full ranking and map are on this page.
Which countries import the most petroleum gas?
China imported $87.83 billion in 2024, 18% of world imports, ahead of Japan (10%) and South Korea (7%). The top three importers together take 35%. Each country with its own page is linked from the table.
How big is the world trade in petroleum gas?
It was worth $489.12 billion in 2024, about 873.04 million tonnes. That is an increase of 81% since 2017. The peak year was 2022 at $880.69 billion. 152 countries reported exports and 223 reported imports.
What is the average price of petroleum gas per kg?
The world average declared value was about $0.56 per kg in 2024. Among the main exporters, Algeria averaged $0.61 per kg and the United States $0.54 per kg, so grade and origin matter. It is total declared value divided by total weight, so treat it as a benchmark, not a quote.
What is the HS code for petroleum gas?
The HS code for petroleum gas is heading 2711, in chapter 27 (mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes). Customs uses this code worldwide at the six-digit level; national tariffs add more digits. The full list of codes is on the HS 2711 page.
How can I find petroleum gas buyers and suppliers?
Public statistics stop at country totals. EximDataX shows the importers and exporters behind this trade from shipment-level customs records, updated weekly, with direct customs feeds and mirror data. Tell us your product and we will show you the latest records on a live call.
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