2023
Exports
$15.7MWorld Rnk 45 / 165
Flag Rnk 352 / 1207
2023
PRODUCT COMPLEXITY IN Hydrogen
-0.073Rnk 582 / 1025
2023
Imports
$30.9MWorld Rnk 44 / 217
Flag Rnk 383 / 1209
2023
ECONOMIC COMPLEXITY of Finland
1.46Rnk 13 / 132

About

Exports In 2023, Finland exported $15.7M in Hydrogen, making it the 45th largest exporter of Hydrogen in the world. At the same year, Hydrogen was the 352nd most exported product in Finland. The main destination of Hydrogen exports from Finland are: Sweden ($3.18M), United States ($2.72M), China ($1.61M), Latvia ($1.21M), and Netherlands ($1.16M).

The fastest growing export markets for Hydrogen of Finland between 2022 and 2023 were United States ($2.36M), Sweden ($1.21M), and Netherlands ($1.12M).

Imports In 2023, Finland imported $30.9M in Hydrogen, becoming the 44th largest importer of Hydrogen in the world. At the same year, Hydrogen was the 383rd most imported product in Finland. Finland imports Hydrogen primarily from: Germany ($10M), Sweden ($8.87M), Norway ($6.98M), Netherlands ($3.81M), and Australia ($341k).

The fastest growing import markets in Hydrogen for Finland between 2022 and 2023 were Norway ($6.22M), Sweden ($4.31M), and Germany ($991k).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Hydrogen. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$15.7M
IMPORTS (2023)$30.9M
NET TRADE (2023)-$15.3M

In 2023, Finland exported $15.7M in Hydrogen. The main destinations of Finland exports on Hydrogen were Sweden ($3.18M), United States ($2.72M), China ($1.61M), Latvia ($1.21M), and Netherlands ($1.16M).

In 2023, Finland imported $30.9M in Hydrogen, mainly from Germany ($10M), Sweden ($8.87M), Norway ($6.98M), Netherlands ($3.81M), and Australia ($341k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Hydrogen EXPORT MARKETS FOR Finland WERE (2022 - 2023):
United States$2.36M (660%)
Sweden$1.21M (61.7%)
Netherlands$1.12M (2.73k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hydrogen BY Finland WERE (2022 - 2023):
China-$1.66M (-50.7%)
Japan-$1.08M (-52.7%)
Norway-$324k (-64.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Hydrogen by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $2.13M
TOP IMPORT POTENTIALNorway+ $2.59M

Hydrogen’s highest export potential is China. With an export gap of $2.13M.   Hydrogen’s highest import potential is Norway with an import gap of $2.59M.

See methodology.

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