Overview In March 2023 United Kingdom's Hydrogen exports accounted up to £1.97M and imports accounted up to £30.2M, resulting in a negative trade balance of £28.3M. Between March 2022 and March 2023 the exports of United Kingdom's Hydrogen have decreased by £-425k (-17.7%) from £2.4M to £1.97M, while imports decreased by £-30M (-49.8%) from £60.3M to £30.2M.
Destinations In March 2023, Hydrogen were exported mostly to Ireland (£1.01M), India (£264k), Netherlands (£196k), Poland (£116k), and Italy (£50.5k), and were imported mostly from Brazil (£12.8M), Germany (£7.04M), Netherlands (£1.54M), Japan (£1.52M), and Poland (£1.43M).
Growth In March 2023, the decrease in Hydrogen's year-by-year exports was explained primarily by a decrease in exports to France (£-97.8k or -74.1%), Japan (£-29.4k or -71.2%), and Australia (£-10.1k or -82.5%). In March 2023, the decrease in Hydrogen's year-by-year imports was explained primarily by a decrease in imports from Spain (£-8.24M or -96.7%), Brazil (£-4.54M or -60.2%), and Belgium (£-1.51M or -75.2%).