Charted: U.S. Natural Gas Exports (2021 vs. 2023)
Range Disclosures
The Rise of U.S. Natural Gas Exports
Since 2021, the U.S. has increased the volume of natural gas it has exported. In fact, according to the U.S. Energy Information Administration, liquefied natural gas (LNG) exports have increased by 14% since 2021 to over 7.8 billion cubic feet.
For this graphic, Visual Capitalist has partnered with Range ETFs to explore the growth of U.S. LNG exports and the driving forces behind them.
The Changing Face of U.S. Gas Exports
Energy security is one of the primary reasons the U.S. has increased its LNG exports. After Russia invaded Ukraine, the U.S. moved to replace natural gas streams in Europe that had been cut off by Russia and provide the region with greater energy security.
Consequently, the U.S. increased LNG exports to many European countries while decreasing exports to others. The table below compares the volume of LNG exported by the U.S. in 2021 to the volume exported in 2023 in millions of cubic feet:
Nation | 2021 | 2023 | Region | % Change |
---|---|---|---|---|
🇲🇽 Mexico | 2,154,457 | 2,241,553 | Americas | 4.0% |
🇨🇦 Canada | 937,124 | 1,026,097 | Americas | 9.5% |
🇳🇱 Netherlands | 174,339 | 588,557 | Europe | 237.6% |
🇫🇷 France | 170,780 | 492,696 | Europe | 188.5% |
🇬🇧 United Kingdom | 195,046 | 450,694 | Europe | 131.1% |
🇯🇵 Japan | 354,948 | 310,190 | Asia | -12.6% |
🇰🇷 South Korea | 453,483 | 275,779 | Asia | -39.2% |
🇪🇸 Spain | 215,062 | 269,202 | Europe | 25.2% |
🇩🇪 Germany | 0 | 204,605 | Europe | N/A |
🇮🇹 Italy | 34,210 | 197,513 | Europe | 477.4% |
🇨🇳 China | 453,304 | 173,247 | Asia | -61.8% |
🇮🇳 India | 196,218 | 164,325 | Asia | -16.3% |
🇹🇷 Türkiye | 188,849 | 156,403 | Europe | -17.2% |
🇵🇱 Poland | 56,320 | 139,635 | Europe | 147.9% |
🇹🇼 Taiwan | 99,350 | 104,075 | Asia | 4.8% |
🇧🇪 Belgium | 5,584 | 97,017 | Europe | 1637.4% |
🇦🇷 Argentina | 83,449 | 76,921 | Americas | -7.8% |
🇩🇴 Dominican Republic | 53,095 | 73,761 | Americas | 38.9% |
🇵🇹 Portugal | 65,865 | 73,158 | Europe | 11.1% |
🇹🇭 Thailand | 14,548 | 59,477 | Asia | 308.8% |
🇭🇷 Croatia | 36,133 | 55,439 | Europe | 53.4% |
🇱🇹 Lithuania | 30,919 | 55,332 | Europe | 79.0% |
🇬🇷 Greece | 39,708 | 39,426 | Europe | -0.7% |
🇫🇮 Finland | 0 | 38,858 | Europe | N/A |
🇧🇷 Brazil | 307,714 | 38,595 | Americas | -87.5% |
🇰🇼 Kuwait | 34,476 | 35,185 | Middle East | 2.1% |
🇨🇴 Colombia | 2,247 | 32,014 | Americas | 1324.7% |
🇨🇱 Chile | 121,881 | 31,217 | Americas | -74.4% |
🇧🇩 Bangladesh | 37,734 | 24,147 | Asia | -36.0% |
🇸🇬 Singapore | 20,918 | 23,320 | Asia | 11.5% |
🇵🇦 Panama | 8,436 | 19,565 | Americas | 131.9% |
🇯🇲 Jamaica | 25,276 | 9,048 | Americas | -64.2% |
🇵🇭 Philippines | 0 | 6,823 | Asia | N/A |
🇯🇴 Jordan | 0 | 3,282 | Middle East | N/A |
🇮🇩 Indonesia | 3,269 | 3,157 | Asia | -3.4% |
🇵🇰 Pakistan | 45,818 | 3,141 | Asia | -93.1% |
🇲🇹 Malta | 5,427 | 2,592 | Europe | -52.2% |
🇧🇸 Bahamas | 486 | 499 | Americas | 2.7% |
🇭🇹 Haiti | 137 | 113 | Americas | -17.5% |
🇦🇬 Antigua and Barbuda | 8 | 47 | Americas | 487.5% |
🇧🇧 Barbados | 297 | 11 | Americas | -96.3% |
🇮🇱 Israel | 8,906 | 0 | Middle East | -100.0% |
U.S. LNG exports to Europe as a whole have doubled since 2021, but exports to some select countries have skyrocketed. For example, France and the Netherlands doubled their imports, Italy’s imports grew nearly fivefold, while Belgium imported a staggering 16 times more LNG from the U.S. in 2023 than it did in 2021.
The U.S. also now exports LNG to countries it did not export to before 2021. Germany, for example, did not import LNG from the U.S. in 2021 but was the 9th highest importer of U.S. LNG in 2023.
Natural Gas: Providing Energy Security
According to a recent forecast from Shell, the global demand for LNG will grow by 50% further by 2040. This growth would likely be driven by energy security demands in places like Europe and as regions like Asia transition away from coal and begin to use LNG more frequently.
Are you interested in exploring the investment opportunities provided by natural gas?
The Range Global LNG Ecosystem ETF (LNGZ) offers energy investors opportunities throughout the natural gas value chain.

Learn more about the Range Global LNG Ecosystem ETF (LNGZ)

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