Hydrogen in Spain | The Observatory of Economic Complexity

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Exports In 2022, Spain exported $119M in Hydrogen, making it the 22nd largest exporter of Hydrogen in the world. At the same year, Hydrogen was the 444th most exported product in Spain. The main destination of Hydrogen exports from Spain are: United Kingdom ($69.3M), Portugal ($16.6M), Italy ($9.82M), France ($8.07M), and Germany ($5.71M).

The fastest growing export markets for Hydrogen of Spain between 2021 and 2022 were United Kingdom ($36.1M), France ($3.05M), and Italy ($2.99M).

Imports In 2022, Spain imported $114M in Hydrogen, becoming the 23rd largest importer of Hydrogen in the world. At the same year, Hydrogen was the 492nd most imported product in Spain. Spain imports Hydrogen primarily from: China ($29.3M), Portugal ($16.3M), France ($14.7M), Algeria ($14.1M), and Netherlands ($11.5M).

The fastest growing import markets in Hydrogen for Spain between 2021 and 2022 were China ($14.7M), France ($4.19M), and Malaysia ($3.45M).

COMPANIES In 2023, leading companies such as MAHLE BEHR CHARLESTON INC. (3) were at the forefront of shipping Hydrogen from Spain to the United States.

Latest Trends

January 2024

About

Overview In January 2024 Spain's Hydrogen exports accounted up to €3.96M and imports accounted up to €5.65M, resulting in a negative trade balance of €1.69M. Between January 2023 and January 2024 the exports of Spain's Hydrogen have increased by €1.24M (45.5%) from €2.72M to €3.96M, while imports decreased by €-2.07M (-26.8%) from €7.72M to €5.65M.

Destinations In January 2024, Hydrogen were exported mostly to Netherlands (€1.43M), Portugal (€1.24M), France (€336k), Germany (€265k), and Morocco (€222k), and were imported mostly from Algeria (€2.5M), Norway (€786k), Germany (€533k), Belgium (€387k), and Portugal (€289k).

Growth In January 2024, the increase in Hydrogen's year-by-year exports was explained primarily by an increase in exports to United States (€37.6k or 152%), Rest of the world (€8.74k or 221%), and Poland (€4.22k or 7.19k%). In January 2024, the decrease in Hydrogen's year-by-year imports was explained primarily by a decrease in imports from Portugal (€-202k or -34.3%), France (€-195k or -55.6%), and Norway (€-163k or -96.6%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)€1.24M(45.5%)

IMPORT GROWTH (January 2023 - January 2024)€-2.07M(-26.8%)

MAIN EXPORTER (January 2024)A Coruña€1.89M

MAIN DESTINATION (January 2024)Netherlands€1.43M

This section shows Hydrogen's exports and imports data at subnational level for Spain. 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)$119M

IMPORTS (2022)$114M

NET TRADE (2022)$5.46M

In 2022, Spain exported $119M in Hydrogen. The main destinations of Spain exports on Hydrogen were United Kingdom ($69.3M), Portugal ($16.6M), Italy ($9.82M), France ($8.07M), and Germany ($5.71M).

In 2022, Spain imported $114M in Hydrogen, mainly from China ($29.3M), Portugal ($16.3M), France ($14.7M), Algeria ($14.1M), and Netherlands ($11.5M).

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