The overall value of petroleum gas exports expanded by an average 165.9% for all exporting countries since 2018 when petroleum gas shipments were valued at $297 billion.
Year over year, worldwide petroleum gas exports accelerated by 94% compared to $407 billion for 2021.
The 5 biggest exporters of petroleum gas in 2022 (Norway, United States of America, Qatar, Russia and Australia) sold about three-fifths (59.5%) of globally shipped petroleum gas.
One-fifth (20.2%) of worldwide petroleum gas exports were supplied by member countries of the Organization of the Petroleum Exporting Countries compared to roughly one-third during 2021. OPEC is an intergovernmental entity comprised of 13 countries.
Shifting to a continental perspective, countries in Europe sold the highest dollar worth of exported petroleum gas during 2022 with shipments valued at $329.3 billion or 41.7% of the global total. In second place for 2022 were Asian exporters (including those in the Middle East) collecting a 25% share. Shippers in North America supplied another 15.1% while Oceania led by Australia and Papua New Guinea accounted for 9.1%.
Smaller percentages came from suppliers in Africa (7.9%) and Latin America (1.2%) excluding Mexico but including the Caribbean.
For research purposes, the 4-digit Harmonized Tariff System code prefix is 2711 for petroleum gas and other gaseous hydrocarbons.
Petroleum Gas Exports by Country
Below are the 15 countries that exported the highest dollar value worth of petroleum gas during 2022.
- Norway: US$144.2 billion (18.3% of exported petroleum gas)
- United States: $96.3 billion (12.2%)
- Qatar: $85.4 billion (10.8%)
- Russia: $81 billion (10.3%)
- Australia: $63.2 billion (8%)
- Belgium: $50.69 billion (6.4%)
- Algeria: $29.22 billion (3.7%)
- Canada: $23.11 billion (2.9%)
- United Arab Emirates: $17.4 billion (2.2%)
- Malaysia: $17.1 billion (2.2%)
- Azerbaijan: $15 billion (1.9%)
- Oman: $14.2 billion (1.8%)
- France: $12.3 billion (1.6%)
- Germany: $11 billion (1.4%)
- Turkmenistan: $10.7 billion (1.4%)
By value, the listed 15 countries shipped 84.9% of global petroleum gas exported in 2022.
Among the top exporters, the fastest-growing exporters of petroleum gas since 2021 were: Turkmenistan (up 1,638%), Russia (up 818.4%), Belgium (up 328.2%) and France (up 310.9%).
A pair of major providers posted declines in their exported petroleum gas sales, namely the United Arab Emirates (down -40.4% from 2021) and Germany (down -22.6%).
Export Countries Enjoying Greatest Trade Surpluses for Petroleum Gas
The following countries posted the highest positive net exports for petroleum gas during 2022. Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports. Thus, the statistics below present the surplus between the value of each country’s exported petroleum gas and its import purchases for that same commodity.
- Norway: US$144.2 billion (net export surplus up 148.8% since 2021)
- Qatar: $85.4 billion (up 60%)
- Russia: $80.7 billion (up 828.3%)
- United States of America: $72.1 billion (up 36.7%)
- Australia: $62.9 billion (up 66.7%)
- Algeria: $29.1 billion (up 94%)
- Canada: $18.4 billion (up 49.5%)
- Azerbaijan: $14.9 billion (up 168.4%)
- Malaysia: $14.4 billion (up 57.6%)
- Oman: $14.2 billion (up 223.9%)
- United Arab Emirates: $13.9 billion (down -52.3%)
- Turkmenistan: $10.7 billion (up 1638.2%)
- Papua New Guinea: $8.7 billion (up 159.3%)
- Nigeria: $7.4 billion (up 27.1%)
- Egypt: $7.1 billion (up 307.3%)
Norway generated the highest surplus in the international trade of petroleum gas in 2022. In turn, this positive cashflow confirms Norway’s leading competitive advantage for this specific product category.
Export Countries Incurring Biggest Trade Deficits for Petroleum Gas
The following countries posted the highest negative net exports for petroleum gas during 2022. Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports. Thus, the statistics below present the deficit between the value of each country’s imported petroleum gas purchases and its exports for that same commodity.
- mainland China: -US$86.8 billion (net export deficit up 43.6% since 2021)
- Japan: -$72.6 billion (up 59.3%)
- Italy: -$66.8 billion (up 139%)
- Germany: -$64.9 billion (up 95.1%)
- South Korea: -$56.3 billion (up 86.3%)
- France: -$51.4 billion (up 194.8%)
- United Kingdom: -$49.3 billion (up 122.1%)
- India: -$31.9 billion (up 34.8%)
- Netherlands: -$26.3 billion (up 448.9%)
- Spain: -$25.3 billion (up 151.3%)
- Taiwan: -$20.7 billion (up 80.8%)
- Mexico: -$17.3 billion (up 10%)
- Belgium: -$14.6 billion (up 69.3%)
- Thailand: -$12.6 billion (up 119.7%)
- Czech Republic: -$9.2 billion (up 161.6%)
Mainland China displayed a competitive disadvantage for this specific product category. In turn, that strategic weakness signals opportunities for petroleum gas-exporting countries that help satisfy the powerful product demand from Chinese businesses and consumers.
Petroleum Gas Exporting Companies
Below are global petroleum gas firms that represent established players engaged in the international petroleum gas trade. Their home country is shown within parenthesis.
- Bayerngas Norge (Norway)
- Enbridge (Canada)
- GAZPROM Germania GmbH (Germany)
- Lukoil (Russia)
- Origin Energy (Australia)
- Southern Gas Company (United States)
Searchable List of Petroleum Gas Exporting Countries in 2022
The 100 key exporters in the document database below generated 99.99% of worldwide petroleum gas shipments by value.
| Rank | Exporter | Gas Exports | 2021-2 |
|---|---|---|---|
| 1. | Norway | $144,217,244,000 | +148.6% |
| 2. | United States | $96,272,765,000 | +41.7% |
| 3. | Qatar | $85,402,730,000 | +60% |
| 4. | Russia | $80,960,544,000 | +818.4% |
| 5. | Australia | $63,179,141,000 | +66.4% |
| 6. | Belgium | $50,689,604,000 | +328.2% |
| 7. | Algeria | $29,216,306,000 | +93.5% |
| 8. | Canada | $23,114,422,000 | +54.1% |
| 9. | United Arab Emirates | $17,388,589,000 | -40.4% |
| 10. | Malaysia | $17,065,299,000 | +71.6% |
| 11. | Azerbaijan | $14,995,425,000 | +169.8% |
| 12. | Oman | $14,236,755,000 | +223.4% |
| 13. | France | $12,310,857,000 | +310.9% |
| 14. | Germany | $11,000,689,000 | -22.6% |
| 15. | Turkmenistan | $10,685,701,000 | +1638% |
| 16. | United Kingdom | $10,491,995,000 | +129.7% |
| 17. | Egypt | $10,316,110,000 | +155.5% |
| 18. | Indonesia | $9,822,426,000 | +31.8% |
| 19. | Papua New Guinea | $8,664,633,000 | +158.4% |
| 20. | Nigeria | $7,387,615,000 | +25.8% |
| 21. | Angola | $6,471,948,000 | +79.5% |
| 22. | Saudi Arabia | $5,964,927,000 | 0% |
| 23. | Brunei Darussalam | $4,009,575,000 | +23.2% |
| 24. | Myanmar | $3,932,005,000 | +24.8% |
| 25. | China | $3,899,827,000 | +440.2% |
| 26. | Kuwait | $3,539,519,000 | +19.7% |
| 27. | Libya | $3,456,046,000 | +77.9% |
| 28. | Equatorial Guinea | $3,097,176,000 | +98.8% |
| 29. | Peru | $3,090,297,000 | +81.1% |
| 30. | Bolivia | $3,049,209,000 | +32.2% |
| 31. | Greece | $2,678,415,000 | +538% |
| 32. | Spain | $2,237,475,000 | +75.8% |
| 33. | Kazakhstan | $2,191,104,000 | +4% |
| 34. | Italy | $1,903,830,000 | +241.4% |
| 35. | Cameroon | $1,861,736,000 | +306.5% |
| 36. | Netherlands | $1,686,528,000 | -9.9% |
| 37. | Romania | $1,594,365,000 | +312.2% |
| 38. | Lithuania | $1,441,724,000 | +1142% |
| 39. | Croatia | $1,409,539,000 | +1149% |
| 40. | Latvia | $1,272,604,000 | +292.9% |
| 41. | Trinidad/Tobago | $1,245,151,000 | +126.4% |
| 42. | Argentina | $1,096,048,000 | +109.2% |
| 43. | Hungary | $1,093,449,000 | -7.3% |
| 44. | Uzbekistan | $925,318,000 | +29% |
| 45. | Bulgaria | $868,707,000 | +177% |
| 46. | Sweden | $811,390,000 | +38.9% |
| 47. | Iran | $659,569,000 | -92.1% |
| 48. | Czech Republic | $652,666,000 | +503.7% |
| 49. | Portugal | $575,995,000 | +114.8% |
| 50. | Mozambique | $516,832,000 | +76.5% |
| 51. | India | $498,820,000 | +22.1% |
| 52. | South Korea | $419,943,000 | -30.8% |
| 53. | Poland | $403,800,000 | +131.8% |
| 54. | Türkiye | $397,635,000 | +74.4% |
| 55. | Estonia | $389,114,000 | +117.7% |
| 56. | Chile | $362,901,000 | +195.6% |
| 57. | Singapore | $327,492,000 | -59.1% |
| 58. | Thailand | $215,584,000 | -5.4% |
| 59. | Iraq | $193,904,000 | +10.9% |
| 60. | Slovenia | $170,835,000 | +1027% |
| 61. | El Salvador | $148,670,000 | +8.2% |
| 62. | Finland | $141,624,000 | +40.6% |
| 63. | Vietnam | $135,355,000 | -38% |
| 64. | South Africa | $133,547,000 | +33.3% |
| 65. | Japan | $103,609,000 | -19% |
| 66. | Guatemala | $96,450,000 | +19.8% |
| 67. | Timor-Leste | $95,771,000 | -19.5% |
| 68. | Dominican Republic | $78,850,000 | -25.8% |
| 69. | Belarus | $64,583,000 | 0% |
| 70. | Slovakia | $60,730,000 | +14.2% |
| 71. | Tanzania | $55,220,000 | +234.8% |
| 72. | Serbia | $50,374,000 | +68.5% |
| 73. | Ukraine | $48,595,000 | -24.1% |
| 74. | Austria | $46,027,000 | -92.2% |
| 75. | Ghana | $39,230,000 | +45.7% |
| 76. | Eswatini | $36,202,000 | 0% |
| 77. | Tunisia | $30,439,000 | -2.2% |
| 78. | Cayman Islands | $26,827,000 | 0% |
| 79. | Sri Lanka | $23,946,000 | -49% |
| 80. | Congo | $22,380,000 | +76.8% |
| 81. | Gibraltar | $19,638,000 | 0% |
| 82. | Jamaica | $16,317,000 | -65.4% |
| 83. | Ireland | $13,690,000 | -43.1% |
| 84. | Switzerland | $13,502,000 | +60.4% |
| 85. | Senegal | $12,784,000 | +104.2% |
| 86. | Philippines | $12,250,000 | +0.3% |
| 87. | Bangladesh | $10,377,000 | +13736% |
| 88. | Moldova | $8,603,000 | 0% |
| 89. | Pitcairn | $7,201,000 | 0% |
| 90. | New Zealand | $6,479,000 | +48.2% |
| 91. | North Macedonia | $4,838,000 | +34.3% |
| 92. | Brazil | $3,714,000 | -89.6% |
| 93. | Panama | $3,263,000 | +770.1% |
| 94. | Albania | $2,414,000 | 0% |
| 95. | North Korea | $1,653,000 | +2164% |
| 96. | Taiwan | $1,588,000 | -48.6% |
| 97. | Dominica | $1,258,000 | 0% |
| 98. | Madagascar | $1,141,000 | +18.1% |
| 99. | Sierra Leone | $1,037,000 | -36.7% |
| 100. | Sudan | $978,000 | 0% |
You can change the presentation order by clicking the triangle icon at the top of the columns. An entry of 0% in the right-most column means no 2021 data was available at time of article publication.
Fastest-growth among the 100 major exporters of petroleum gas belongs to: Bangladesh (up 13,736% from 2021), North Korea (up 2,164%), Turkmenistan (up 1,638%), Croatia (up 1,149%), Lithuania (up 1,142%), Slovenia (up 1,027%) then Russia (up 818.4%).
See also Crude Oil Exports by Country, Crude Oil Imports by Country, Refined Oil Exports by Country and Electricity Exports by Country
Research Sources:
Central Intelligence Agency, The World Factbook Field Listing: Exports – Commodities. Accessed on August 18, 2023
Forbes Global 2000 rankings, The World’s Biggest Public Companies. Accessed on August 18, 2023
International Trade Centre, Trade Map. Accessed on August 18, 2023
Investopedia, Net Exports Definition. Accessed on August 18, 2023
Wikipedia, Category:Natural gas companies by country. Accessed on August 18, 2023
