Summary
- World trade
- $86.2billion
- Tonnes
- 143.3million tonnes
- Price per tonne
- $593
Top exporters
World supply
The United States went from 2.7% to 44.5% of world exports of liquefied petroleum gas (propane and butane)
In 2024, the United States accounted for 44.5% of recorded world exports and the three largest exporters together for 64.9%. HHI: 2,296 out of 10,000; equivalent to 4 exporters of the same size.
Share of recorded exports, not of production: a country that produces a lot and consumes almost all of it may export little
Some of these goods may have been produced in another country: countries record origin in different ways.
Trend in supply
Share of world exports of the largest exporter and of the three largest
Share (%)
- Largest exporter each year 44.5%
- Three largest 64.9%
Source: CEPII BACI
Show the numbers
| Year | 1995 | 2024 |
|---|---|---|
| Largest exporter each year | 28.6% | 44.5% |
| Three largest | 44.2% | 64.9% |
Countries where the United States sells more than half of what they buy
Countries that buy more than half of this product from its largest exporter, with its share.
- China: 51.4% of its purchases · Dependence of China on the United States
- South Korea: 84.2% of its purchases · Dependence of South Korea on the United States
- Japan: 63.6% of its purchases · Dependence of Japan on the United States
- Mexico: 95.8% of its purchases · Dependence of Mexico on the United States
- Indonesia: 52.8% of its purchases · Dependence of Indonesia on the United States
- Egypt: 87.7% of its purchases · Dependence of Egypt on the United States
- Morocco: 77.2% of its purchases · Dependence of Morocco on the United States
- Netherlands: 58% of its purchases · Dependence of the Netherlands on the United States
- Ecuador: 100% of its purchases · Dependence of Ecuador on the United States
- Brazil: 65% of its purchases · Dependence of Brazil on the United States
Top importers
Trend
Who sells it
The United States has been the top exporter since 2015
Value in USD billions. The five largest exporters in 2024.
- United States 38.3
- United Arab Emirates 11.2
- Qatar 6.4
- Saudi Arabia 4.5
- Canada 4.1
Source: CEPII BACI
Show the numbers
| Country | 1995 | 2024 |
|---|---|---|
| United States | 0.25 | 38.3 |
| United Arab Emirates | 0.79 | 11.2 |
| Qatar | 0.19 | 6.4 |
| Saudi Arabia | 2.6 | 4.5 |
| Canada | 0.64 | 4.1 |
Price
Implied price
The price per tonne rose 190% since 1995
Current US dollars per tonne: value over the weight reported by BACI.
- 2024: $593
Source: CEPII BACI
Show the numbers
| Year | USD per tonne |
|---|---|
| 1995 | $204 |
| 1996 | $228 |
| 1997 | $254 |
| 1998 | $168 |
| 1999 | $207 |
| 2000 | $285 |
| 2001 | $271 |
| 2002 | $233 |
| 2003 | $313 |
| 2004 | $381 |
| 2005 | $453 |
| 2006 | $532 |
| 2007 | $615 |
| 2008 | $777 |
| 2009 | $515 |
| 2010 | $693 |
| 2011 | $826 |
| 2012 | $747 |
| 2013 | $719 |
| 2014 | $820 |
| 2015 | $411 |
| 2016 | $325 |
| 2017 | $475 |
| 2018 | $552 |
| 2019 | $456 |
| 2020 | $412 |
| 2021 | $580 |
| 2022 | $677 |
| 2023 | $576 |
| 2024 | $593 |
What it includes
- 271112 · subheading of heading 2711: Natural gas and LPG
- 271113 · subheading of heading 2711: Natural gas and LPG
Sources and methodology
Sources and licenses
- CEPII BACI · Licence Ouverte Etalab 2.0
- Natural Earth · Public domain
Methodology
Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.
Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.