2023
Exports
$385MWorld Rnk 9 / 165
Flag Rnk 194 / 1212
2023
PRODUCT COMPLEXITY IN Hydrogen
-0.073Rnk 582 / 1025
2023
Imports
$141MWorld Rnk 19 / 217
Flag Rnk 484 / 1211
2023
ECONOMIC COMPLEXITY of Canada
0.9Rnk 30 / 132

About

Exports In 2023, Canada exported $385M in Hydrogen, making it the 9th largest exporter of Hydrogen in the world. At the same year, Hydrogen was the 194th most exported product in Canada. The main destination of Hydrogen exports from Canada are: United States ($285M), Germany ($72.5M), Saudi Arabia ($5.12M), China ($4.8M), and United Kingdom ($4.58M).

The fastest growing export markets for Hydrogen of Canada between 2022 and 2023 were Germany ($12.5M), Saudi Arabia ($5.12M), and Netherlands ($3.53M).

Imports In 2023, Canada imported $141M in Hydrogen, becoming the 19th largest importer of Hydrogen in the world. At the same year, Hydrogen was the 484th most imported product in Canada. Canada imports Hydrogen primarily from: United States ($64.6M), Brazil ($28.5M), China ($26.3M), Laos ($3.64M), and Japan ($3.28M).

The fastest growing import markets in Hydrogen for Canada between 2022 and 2023 were China ($10.6M), United States ($3.52M), and Norway ($2.34M).

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)C$-16.7M(-34.8%)
IMPORT GROWTH (November 2023 - November 2024)C$7.65M(68.9%)
MAIN EXPORTER (November 2024)QuebecC$27.1M
MAIN DESTINATION (November 2024)United StatesC$29.3M

This section shows Hydrogen's exports and imports data at subnational level for Canada. 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
EXPORTS (2023)$385M
IMPORTS (2023)$141M
NET TRADE (2023)$244M

In 2023, Canada exported $385M in Hydrogen. The main destinations of Canada exports on Hydrogen were United States ($285M), Germany ($72.5M), Saudi Arabia ($5.12M), China ($4.8M), and United Kingdom ($4.58M).

In 2023, Canada imported $141M in Hydrogen, mainly from United States ($64.6M), Brazil ($28.5M), China ($26.3M), Laos ($3.64M), and Japan ($3.28M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Hydrogen EXPORT MARKETS FOR Canada WERE (2022 - 2023):
Germany$12.5M (20.9%)
Saudi Arabia$5.12M (1%)
Netherlands$3.53M (13.4k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hydrogen BY Canada WERE (2022 - 2023):
France-$16.7M (-91.9%)
United States-$13.7M (-4.6%)
United Arab Emirates-$5.94M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Canada's main exporting competitors in Hydrogen were:
In 2023, Canada's main importing competitors in Hydrogen were:
China $2.1B
Japan $1.45B
Germany $1.27B

Explore Visualizations

Trade Value of Hydrogen by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $33M
TOP IMPORT POTENTIALUnited States+ $26.2M

Hydrogen’s highest export potential is United States. With an export gap of $33M.   Hydrogen’s highest import potential is United States with an import gap of $26.2M.

See methodology.

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