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Trade Trends News
07-05-2025
The U.S. is the world's largest propane exporter. Tariffs may affect the energy industry, but companies don't seem concernedThe U.S. has become a leading exporter of one popular cooking and heating gas: propane.
However, America's position could be in jeopardy as the trade war with China rages on. China, Japan and Mexico are frequent docking destinations for VLGCs, or very large gas carriers, filled with propane.
The country's shores and pipelines saw 57 million barrels of propane leave in January of this year, according to the Energy Information Administration. China accounts for 12 million, or just more than one-fifth of U.S. exports in January.
"China is very dependent on the United States for its propane, and because it wants to make certain sectors of its economy, particularly the chemical sector, more competitive," said Centre for Economic Security CEO Rebecca Harding. "It's going to need U.S. propane in order to be able to do that."
Several U.S. companies are expanding capacity to support the country's growing export demand. One of those is Enterprise Products Partners, and it suggests tariffs may not wipe away business.
"They're all asking for more. So our docks are chockablock full, and I think they will stay that way," said Enterprise Products Partners co-CEO Jim Teague.
In 2024, the global propane trade landscape continues to evolve, with the United States maintaining its position as a major exporter. A number of international companies play a pivotal role in transporting U.S.-produced propane to markets across Asia, Europe, and beyond. Based on export value and market share, here are the top 10 U.S. propane exporters by company in 2024, offering a snapshot of who’s dominating the trade.
1.PT PERTAMINA PATRA NIAGA(22.43%, $383.03 Million)
2.BGN INT DMCC(15.93%, $272.05 Million)
3.EXTAP A DIVISION OF EXXONMOBIL ASIA PACIFIC PTE LTD(7.02%, $119.87 Million)
4.WANHUA CHEMICAL SINGAPORE PTE LTD(6.92%, $118.19 Million)
5.MJL S PTE LTD SINGAPORE(5.64%, $96.3 Million)
6.TRAFIGURA TRADING LLC(4.08%, $69.69 Million)
7.MERCURIA ASIA RESOURCES PTE LTD(3.46%, $59.02 Million)
8.GUNVOR SINGAPORE PTE LTD(3.43%, $58.62 Million)
9.GEOGAS TRADING SA(3.34%, $57.02 Million)
10.SWISSCHEMGAS LIMITED(1.92%, $32.83 Million)
You can find more information through Tendata Global Trade Data. Do you want to know which countries the United States mainly exports propane to? Do you want to know which other major propane exporting countries in the world are? Or do you want to know more about propane imports? Subscribe to Tendata now and get the latest global market analysis.
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