Hydrogen in Brazil | The Observatory of Economic Complexity

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Exports In 2022, Brazil exported $935M in Hydrogen, making it the 6th largest exporter of Hydrogen in the world. At the same year, Hydrogen was the 42nd most exported product in Brazil. The main destination of Hydrogen exports from Brazil are: United States ($326M), Germany ($141M), United Kingdom ($113M), China ($73.7M), and Japan ($64.1M).

The fastest growing export markets for Hydrogen of Brazil between 2021 and 2022 were United States ($157M), Germany ($90.8M), and Thailand ($46.4M).

Imports In 2022, Brazil imported $105M in Hydrogen, becoming the 26th largest importer of Hydrogen in the world. At the same year, Hydrogen was the 313th most imported product in Brazil. Brazil imports Hydrogen primarily from: United States ($70.5M), China ($23.4M), Hong Kong ($3.78M), Qatar ($1.63M), and United Kingdom ($847k).

The fastest growing import markets in Hydrogen for Brazil between 2021 and 2022 were China ($18.6M), United States ($9.52M), and Qatar ($1.63M).

COMPANIES In 2023, leading companies such as ROBERT BOSCH TOOL CORPORATION (10.1k) and ROBERT BOSCH LLC (1.53k) were at the forefront of shipping Hydrogen from Brazil to the United States.

Latest Trends

February 2024

About

Overview In February 2024 Brazil's Hydrogen exports accounted up to $36.5M and imports accounted up to $2.26M, resulting in a positive trade balance of $34.2M. Between February 2023 and February 2024 the exports of Brazil's Hydrogen have decreased by $-11.2M (-23.6%) from $47.7M to $36.5M, while imports decreased by $-5.68M (-71.5%) from $7.93M to $2.26M.

Destinations In February 2024, Hydrogen were exported mostly to United States ($18.7M), United Kingdom ($5.76M), Germany ($4.75M), Poland ($1.82M), and Japan ($1.6M), and were imported mostly from United States ($1.09M), China ($565k), Algeria ($427k), Belgium ($55.1k), and Italy ($45.8k).

Growth In February 2024, the decrease in Hydrogen's year-by-year exports was explained primarily by a decrease in exports to Japan ($-5.85M or -75.7%), Argentina ($-1.25M or -88.3%), and Canada ($-991k or -57.2%). In February 2024, the decrease in Hydrogen's year-by-year imports was explained primarily by a decrease in imports from China ($-176k or -20.5%), Italy ($-49k or -74%), and Philippines ($-47.2k or -26.2%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$-11.2M(-23.6%)

IMPORT GROWTH (February 2023 - February 2024)$-5.68M(-71.5%)

MAIN EXPORTER (February 2024)Minas Gerais$34M

MAIN DESTINATION (February 2024)United States$18.7M

This section shows Hydrogen's exports and imports data at subnational level for Brazil. 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 Hydrogen over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$935M

IMPORTS (2022)$105M

NET TRADE (2022)$831M

In 2022, Brazil exported $935M in Hydrogen. The main destinations of Brazil exports on Hydrogen were United States ($326M), Germany ($141M), United Kingdom ($113M), China ($73.7M), and Japan ($64.1M).

In 2022, Brazil imported $105M in Hydrogen, mainly from United States ($70.5M), China ($23.4M), Hong Kong ($3.78M), Qatar ($1.63M), and United Kingdom ($847k).

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