Petroleum Gas in Japan | The Observatory of Economic Complexity

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Exports In 2022, Japan exported $147M in Petroleum Gas, making it the 71st largest exporter of Petroleum Gas in the world. At the same year, Petroleum Gas was the 371st most exported product in Japan. The main destination of Petroleum Gas exports from Japan are: South Korea ($91.3M), South Africa ($26.5M), China ($17.5M), Chinese Taipei ($11.2M), and Colombia ($327k).

The fastest growing export markets for Petroleum Gas of Japan between 2021 and 2022 were South Africa ($26.5M), Colombia ($327k), and Singapore ($50.7k).

Imports In 2022, Japan imported $64.2B in Petroleum Gas, becoming the 4th largest importer of Petroleum Gas in the world. At the same year, Petroleum Gas was the 2nd most imported product in Japan. Japan imports Petroleum Gas primarily from: Australia ($24.8B), United States ($9.52B), Malaysia ($8.06B), Russia ($4.48B), and Papua New Guinea ($3.25B).

The fastest growing import markets in Petroleum Gas for Japan between 2021 and 2022 were Australia ($11.9B), Malaysia ($3.8B), and Russia ($2.65B).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Petroleum Gas from Japan to the United States.

Latest Trends

January 2024

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Overview In January 2024 Japan's Petroleum Gas exports accounted up to ¥618M and imports accounted up to ¥719B, resulting in a negative trade balance of ¥719B. Between January 2023 and January 2024 the exports of Japan's Petroleum Gas have decreased by ¥-631M (-50.5%) from ¥1.25B to ¥618M, while imports decreased by ¥-246B (-25.5%) from ¥966B to ¥719B.

Destinations In January 2024, Petroleum Gas were exported mostly to South Korea (¥392M), Taiwan (¥219M), China (¥3.06M), Indonesia (¥1.41M), and Singapore (¥944k), and were imported mostly from Australia (¥240B), United States (¥126B), Malaysia (¥103B), Russia (¥64.2B), and Qatar (¥34.9B).

Growth In January 2024, the decrease in Petroleum Gas's year-by-year exports was explained primarily by a decrease in exports to South Korea (¥-1.66M or -0.22%). In January 2024, the decrease in Petroleum Gas's year-by-year imports was explained primarily by a decrease in imports from United Arab Emirates (¥-18.9B or -52%), Canada (¥-1.57B or -18.8%), and Kuwait (¥-387M or -13.1%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)¥-631M(-50.5%)

IMPORT GROWTH (January 2023 - January 2024)¥-246B(-25.5%)

MAIN EXPORTER (January 2024)Ōita¥611M

MAIN DESTINATION (January 2024)South Korea¥392M

This section shows Petroleum Gas's exports and imports data at subnational level for Japan. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Petroleum Gas over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$147M

IMPORTS (2022)$64.2B

NET TRADE (2022)-$64.1B

In 2022, Japan exported $147M in Petroleum Gas. The main destinations of Japan exports on Petroleum Gas were South Korea ($91.3M), South Africa ($26.5M), China ($17.5M), Chinese Taipei ($11.2M), and Colombia ($327k).

In 2022, Japan imported $64.2B in Petroleum Gas, mainly from Australia ($24.8B), United States ($9.52B), Malaysia ($8.06B), Russia ($4.48B), and Papua New Guinea ($3.25B).

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