Surpassing countries such as Australia and Qatar, the United States of America is on its way of becoming the largest exporter country of LNG (Liquified Natural Gas) in the world. The reports also suggest the USA might hold the title of the world’s largest exporter of LNG for several years. The total export value of US LNG exports in 2021 was recorded at $17.524 million.
In 2021, the USA recorded a surge in its LNG exports. As per Exim’s Us Export Data, the United States of America exported LNG worth $17,524 till the month of September 2021.
Quarter-wise LNG Exports of the United States
| QUARTER | YEAR | VALUE IN US ($) |
| QUARTER-1 | 2021 | $5,,134 |
| QUARTER-2 | 2021 | $5,637 |
| QUARTER-3 | 2021 | $6,753 |
Top Trading Countries of The US LNG Exports
Based on our US exporters database, countries such as Turkey, China, Netherlands, Chile, Argentina, Brazil, Spain, South Korea, India, and Japan were the top Importer countries of the US LNG exports in 2021.
| COUNTRY | QUARTER-1 (2021) | QUARTER-2 (2021) | QUARTER-3 (2021) |
| INDIA | $340 Million | $313 Million | $428 Million |
| TURKEY | $251 Million | $19 Million | $230 Million |
| NETHERLANDS | $198 Million | $297 Million | $260 Million |
| SOUTH KOREA | $630 Million | $863 Million | $935 Million |
| JAPAN | $666 Million | $587 Million | $491 Million |
| ARGENTINA | $14 Million | $240 Million | $282 Million |
| CHILE | $253 Million | $179 Million | $340 Million |
| SPAIN | $213 Million | $245 Million | $422 Million |
| BRAZIL | $311 Million | $445 Million | $888 Million |
| CHINA | $496 Million | $725 Million | $953 Million |
Current Trade Statistics of the USA and Its Global Trade Value
Based on the US import statistics, the US imported goods worth $3,138.16 billion and $3,125.22 billion in the year 2018 and 2019 respectively. Whereas the total export value of the US exported goods for the years 2018 and 2019 was estimated at $2,528.70 billion and $2,514.75 billion respectively.
| YEAR | TOTAL IMPORT VALUE | TOTAL EXPORT VALUE |
| 2016 | $2,227.1 Billion | $2,739.69 Billion |
| 2017 | $2,374.56 Billion | $2,930.09 Billion |
| 2018 | $2,528.70 Billion | $3,138.16 Billion |
| 2019 | $2,514.75 Billion | $3,125.22 Billion |
USA’s Trade Statistics And Its Overview
- The trade balance of the USA was recorded at $-80200.00 million in November 2021.
- The current account of the USA was recorded at $-214774 million in November 2021.
- Total imports of the USA were estimated at $304388.00 million in November 2021.
- Total exports of the USA were estimated at $224215.00 million in November 2021.
| STATS RELATED | VALUE IN USD $ | MONTH & YEAR |
| TRADE BALANCE | $-80200.00 MILLION | AS OF NOVEMBER 2021 |
| CURRENT ACCOUNT | $-214774 MILLION | AS OF NOVEMBER 2021 |
| TOTAL IMPORTS | $304388.00 MILLION | AS OF NOVEMBER 2021 |
| TOTAL EXPORTS | $224215.00 MILLION | AS OF NOVEMBER 2021 |
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