# HS 271112 Liquefied global trade data overview | Yugalinks

Reported global trade in liquefied, propane reached $51.5B in 2024, with five-year annual growth of +1%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $35.9B | +3.3% | +13% |
| 2014 | $39.5B | +10% | +5.3% |
| 2015 | $23.8B | -39.6% | -11.8% |
| 2016 | $22.1B | -7% | -14.8% |
| 2017 | $31.8B | +43.6% | -6.9% |
| 2018 | $40.4B | +26.9% | +19.2% |
| 2019 | $49.0B | +21.3% | +30.3% |
| 2020 | $40.2B | -17.9% | +8.1% |
| 2021 | $62.7B | +56% | +15.8% |
| 2022 | $76.6B | +22.1% | +16.1% |
| 2023 | $62.9B | -17.8% | +16.1% |
| 2024 | $51.5B | -18.2% | -6.4% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| China | $12.9B | +13.9% | 29 |
| Japan | $7.0B | -1% | 13 |
| India | $5.7B | +6% | 20 |
| Republic of Korea | $3.4B | +1.3% | 17 |
| Mexico | $2.5B | +6.4% | 6 |
| USA | $1.8B | +5.2% | 17 |
| Indonesia | $1.6B | +7.5% | 12 |
| Netherlands | $1.5B | +4% | 36 |
| Italy | $1.2B | +3.2% | 37 |
| Belgium | $905.7M | +16.8% | 23 |
| Poland | $827.6M | +2.6% | 28 |
| France | $821.5M | -0.3% | 30 |

_Source: reported merchandise trade data. Updated 2026-08-14._