Hydrogen in Belgium | The Observatory of Economic Complexity

About

Exports In 2022, Belgium exported $168M in Hydrogen, making it the 1st largest exporter of Hydrogen in the world. At the same year, Hydrogen was the 406th most exported product in Belgium. The main destination of Hydrogen exports from Belgium are: Netherlands ($164M), Luxembourg ($2.06M), France ($1.6M), Germany ($407k), and Colombia ($204k).

Imports In 2022, Belgium imported $6.67M in Hydrogen, becoming the 7th largest importer of Hydrogen in the world. At the same year, Hydrogen was the 2771st most imported product in Belgium. Belgium imports Hydrogen primarily from: Netherlands ($5.06M), Germany ($1.37M), Japan ($150k), France ($51.5k), and Italy ($10.4k).

COMPANIES In 2023, leading companies such as Volvo (2.59k), John Deere (1.86k), and Marelli Automotive Lighting (1.72k) were at the forefront of shipping Hydrogen from Belgium to the United States.

Latest Trends

July 2024

About

Overview In July 2024 Belgium's Hydrogen exports accounted up to €536k and imports accounted up to €300k, resulting in a positive trade balance of €236k. Between July 2023 and July 2024 the exports of Belgium's Hydrogen have decreased by €-69k (-11.4%) from €605k to €536k, while imports decreased by €-121k (-28.7%) from €420k to €300k.

Destinations In July 2024, Hydrogen were exported mostly to Netherlands (€306k), France (€76.4k), Germany (€51.2k), United Kingdom (€45.5k), and Luxembourg (€44.8k), and were imported mostly from Netherlands (€259k), Germany (€38.3k), Italy (€2.28k), United Kingdom (€269), and Spain (€214).

Growth In July 2024, the decrease in Hydrogen's year-by-year exports was explained primarily by a decrease in exports to Netherlands (€-6.05M or -51.6%) and France (€-47.9k or -45.1%). In July 2024, the decrease in Hydrogen's year-by-year imports was explained primarily by a decrease in imports from Netherlands (€-146k or -36.2%) and Germany (€-13.6k or -48.3%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (July 2023 - July 2024)€-69k(-11.4%)

IMPORT GROWTH (July 2023 - July 2024)€-121k(-28.7%)

MAIN DESTINATION (July 2024)Netherlands€306k

This section shows Hydrogen's exports and imports data at subnational level for Belgium. 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)$168M

IMPORTS (2022)$6.67M

NET TRADE (2022)$162M

In 2022, Belgium exported $168M in Hydrogen. The main destinations of Belgium exports on Hydrogen were Netherlands ($164M), Luxembourg ($2.06M), France ($1.6M), Germany ($407k), and Colombia ($204k).

In 2022, Belgium imported $6.67M in Hydrogen, mainly from Netherlands ($5.06M), Germany ($1.37M), Japan ($150k), France ($51.5k), and Italy ($10.4k).

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