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Natural gas: top exporters and importers (2024)

In 2024, world trade in natural gas totaled $388.7 billion (709.5 million tonnes). The top exporters were Norway (13%), the United States (13%) and Australia (12%); the top importers were China (17%), Japan (10%) and France (8%). Compared with 2019, the value rose 48%.

Summary

World trade
$388.7billion
Tonnes
709.5million tonnes
Price per tonne
$547
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. Norway$52 billion · 13.4%
    see destinations
  2. United States$49.4 billion · 12.7%
    see destinations
  3. Australia$47.4 billion · 12.2%
    see destinations
  4. Russia$39 billion · 10.1%
    see destinations
  5. Qatar$38.2 billion · 9.8%
    see destinations
  6. Belgium$21.7 billion · 5.6%
    re-exports · see destinations
  7. Algeria$16.8 billion · 4.3%
    see destinations
  8. Malaysia$15.4 billion · 4%
    see destinations
  9. Turkmenistan$10.7 billion · 2.8%
    see destinations
  10. France$8.8 billion · 2.3%
    see destinations
  11. Indonesia$8.3 billion · 2.1%
    see destinations
  12. Azerbaijan$7.7 billion · 2%
    see destinations
  13. Oman$7.3 billion · 1.9%
    see destinations
  14. Nigeria$6.7 billion · 1.7%
    see destinations
  15. Canada$6.1 billion · 1.6%
    see destinations
  16. United Kingdom$5.6 billion · 1.4%
    see destinations
  17. Papua New Guinea$5.4 billion · 1.4%
    see destinations
  18. United Arab Emirates$3.3 billion · 0.86%
    see destinations
  19. Mozambique$3.3 billion · 0.86%
    see destinations
  20. Trinidad and Tobago$3 billion · 0.76%
    see destinations

Top importers

  1. China$64.7 billion · 16.7%
    see sources
  2. Japan$40.7 billion · 10.5%
    see sources
  3. France$30.7 billion · 7.9%
    see sources
  4. South Korea$29.1 billion · 7.5%
    see sources
  5. Italy$27.9 billion · 7.2%
    see sources
  6. Germany$24.5 billion · 6.3%
    see sources
  7. United Kingdom$16.6 billion · 4.3%
    see sources
  8. Netherlands$15.6 billion · 4%
    re-exports · see sources
  9. India$15.1 billion · 3.9%
    see sources
  10. Belgium$14.2 billion · 3.7%
    re-exports · see sources
  11. Taiwan$11.6 billion · 3%
    see sources
  12. Spain$9.4 billion · 2.4%
    see sources
  13. Thailand$8.2 billion · 2.1%
    see sources
  14. United States$7.1 billion · 1.8%
    see sources
  15. Singapore$5.9 billion · 1.5%
    re-exports · see sources
  16. Mexico$4.7 billion · 1.2%
    see sources
  17. Egypt$4.6 billion · 1.2%
    see sources
  18. Turkey$4.6 billion · 1.2%
    see sources
  19. Pakistan$3.9 billion · 1%
    see sources
  20. Greece$3.7 billion · 0.95%
    see sources

Trend

Who sells it

Norway has been the top exporter since 2021

Value in USD billions. The five largest exporters in 2024.

  • Norway 52
  • United States 49.4
  • Australia 47.4
  • Russia 39
  • Qatar 38.2

Source: CEPII BACI

Show the numbers
Country19952024
Norway2.552
United States0.3549.4
Australia1.347.4
Russia4.639
Qatar038.2

Price

Implied price

The price per tonne rose 298% since 1995

Current US dollars per tonne: value over the weight reported by BACI.

  • 2024: $547

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$137
1996$113
1997$131
1998$104
1999$74
2000$173
2001$201
2002$154
2003$187
2004$200
2005$223
2006$264
2007$245
2008$355
2009$404
2010$409
2011$497
2012$569
2013$563
2014$554
2015$389
2016$182
2017$314
2018$406
2019$343
2020$212
2021$452
2022$1,102
2023$652
2024$547

What it includes

Adds liquefied natural gas (LNG) and pipeline gas.

  • 271111 · subheading of heading 2711: Natural gas and LPG
  • 271121 · subheading of heading 2711: Natural gas and LPG

Sources and methodology

Sources and licenses

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.

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