Latest trade
$454.1BGlobal subsector valueHS4 subsector intelligence
Petroleum gases and other gaseous hydrocarbons
HS4 2711 trade overview
A focused view of this HS4 subsector: market scale, momentum, leading routes, countries, and the HS6 classifications inside it.
The numbers at a glanceLatest reported year · 2024
Annual change
+58.3%Latest year on yearExporters
156Active reporting countriesImporters
199Active reporting countriesHS6 products
7Classifications inside HS4The subsector read
$454.1B in trade, with -1.1% annualized growth over three years.
Petroleum gases and other gaseous hydrocarbons is recorded across 3,546 active corridors, with 156 exporters and 199 importers.
Annual trend
Subsector momentum over time
Reported global trade from 1995 to 2024. Read the methodology ↗
Top trade corridors
Where the subsector moves
Leading exporter-to-importer relationships by latest reported value. See data sources ↗
Latest reported relationshipsTop 10 by trade value
| Rank | Exporter | Importer | Trade value | Growth | HS6 | Distance | FTA |
|---|---|---|---|---|---|---|---|
| 1 | AustraliaAUS | JapanJPN | $15.5B | +5.6% | 4 | 8,156 km | Yes |
| 2 | NorwayNOR | GermanyDEU | $14.8B | -25.1% | 6 | 839 km | Yes |
| 3 | AustraliaAUS | ChinaCHN | $14.3B | -1.9% | 3 | 8,024 km | Yes |
| 4 | NorwayNOR | United KingdomGBR | $12.8B | -12.7% | 6 | 1,156 km | Yes |
| 5 | RussiaRUS | ChinaCHN | $12.1B | +63.4% | 6 | 6,831 km | No |
| 6 | QatarQAT | ChinaCHN | $11.5B | +14.4% | 3 | 6,790 km | No |
| 7 | QatarQAT | IndiaIND | $10.7B | +2.5% | 4 | 2,583 km | No |
| 8 | AlgeriaDZA | ItalyITA | $10.2B | +26.8% | 3 | 993 km | Yes |
| 9 | USA, Puerto Rico and US Virgin IslandsUSA | ChinaCHN | $9.2B | +3.7% | 6 | 11,883 km | No |
| 10 | CanadaCAN | USA, Puerto Rico and US Virgin IslandsUSA | $8.6B | -13.9% | 6 | 556 km | Yes |
Market structure
Where supply and demand concentrate
Exporter and importer rankings show the two sides of the subsector separately. Check coverage ↗
| Rank | Country | Exports | Partners | HS6 |
|---|---|---|---|---|
| 1 | USA, Puerto Rico and US Virgin IslandsUSA | $74.7B | 140 | 7 |
| 2 | QatarQAT | $55.0B | 31 | 7 |
| 3 | NorwayNOR | $49.9B | 36 | 7 |
| 4 | AustraliaAUS | $45.7B | 52 | 7 |
| 5 | RussiaRUS | $45.0B | 45 | 7 |
| 6 | AlgeriaDZA | $20.5B | 45 | 7 |
| 7 | MalaysiaMYS | $15.1B | 36 | 7 |
| 8 | BelgiumBEL | $11.2B | 73 | 7 |
| 9 | CanadaCAN | $10.2B | 33 | 7 |
| 10 | TurkmenistanTKM | $9.6B | 9 | 5 |
| Rank | Country | Imports | Partners | HS6 |
|---|---|---|---|---|
| 1 | ChinaCHN | $75.5B | 56 | 7 |
| 2 | JapanJPN | $44.2B | 34 | 7 |
| 3 | Republic of KoreaKOR | $31.7B | 44 | 7 |
| 4 | IndiaIND | $25.4B | 39 | 7 |
| 5 | ItalyITA | $24.8B | 54 | 7 |
| 6 | GermanyDEU | $24.0B | 55 | 7 |
| 7 | FranceFRA | $20.6B | 70 | 7 |
| 8 | United KingdomGBR | $16.5B | 48 | 7 |
| 9 | NetherlandsNLD | $16.2B | 58 | 7 |
| 10 | BelgiumBEL | $15.0B | 41 | 7 |
HS6 product coverage
The products inside HS4 2711
Six-digit classifications make the subsector specific. Browse the product workspace ↗
7 classifications shownPetroleum gases and other gaseous hydrocarbons
Petroleum gases and other gaseous hydrocarbons: liquefied, natural gasHS6 271111
Petroleum gases and other gaseous hydrocarbons: liquefied, propaneHS6 271112
Petroleum gases and other gaseous hydrocarbons: liquefied, butanesHS6 271113
Petroleum gases and other gaseous hydrocarbons: liquefied, ethylene, propylene, butylene and butadieneHS6 271114
Petroleum gases and other gaseous hydrocarbons: liquefied, n.e.c. in heading no. 2711HS6 271119
Petroleum gases and other gaseous hydrocarbons: in gaseous state, natural gasHS6 271121
Petroleum gases and other gaseous hydrocarbons: in gaseous state, other than natural gasHS6 271129
Definitions and coverage
Read the numbers with context
Reported observations and calculated indicators should be read with their coverage period. Responsible AI principles ↗
Reported values
Trade values describe reported merchandise trade for the HS4 classification, not company-level sales or shipment records.
Calculated indicators
Growth, concentration, volatility, and peak comparisons are calculated from reported observations.
Missing data
Unavailable observations remain unavailable. They are not filled, interpolated, or presented as forecasts.
Coverage: 1995-2024 · Data refreshed 2026-07-20 09:34:09
Data source
OECD trade statistics with CEPII context
OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-27). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.