2022
Exports
$15.2MWorld Rnk 46 / 165
Flag Rnk 473 / 1206
2022
PRODUCT COMPLEXITY IN Hydrogen
0.11Rnk 521 / 1025
2022
Imports
$39.4MWorld Rnk 38 / 213
Flag Rnk 423 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $15.2M in Hydrogen, making it the 46th largest exporter of Hydrogen in the world. At the same year, Hydrogen was the 473rd most exported product in Hungary. The main destination of Hydrogen exports from Hungary are: Czechia ($3.38M), Romania ($2.59M), Slovakia ($2.16M), United States ($1.55M), and Austria ($1M).

The fastest growing export markets for Hydrogen of Hungary between 2021 and 2022 were Austria ($618k), United States ($569k), and Italy ($454k).

Imports In 2022, Hungary imported $39.4M in Hydrogen, becoming the 38th largest importer of Hydrogen in the world. At the same year, Hydrogen was the 423rd most imported product in Hungary. Hungary imports Hydrogen primarily from: France ($8.82M), Austria ($8.71M), Bosnia and Herzegovina ($3.43M), Germany ($2.99M), and Serbia ($2.9M).

The fastest growing import markets in Hydrogen for Hungary between 2021 and 2022 were France ($2.55M), Bosnia and Herzegovina ($1.64M), and Slovenia ($1.53M).

Latest Trends

Nov 2024

Subnational Monthly Trade

View
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.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$15.2M
IMPORTS (2022)$39.4M
NET TRADE (2022)-$24.2M

In 2022, Hungary exported $15.2M in Hydrogen. The main destinations of Hungary exports on Hydrogen were Czechia ($3.38M), Romania ($2.59M), Slovakia ($2.16M), United States ($1.55M), and Austria ($1M).

In 2022, Hungary imported $39.4M in Hydrogen, mainly from France ($8.82M), Austria ($8.71M), Bosnia and Herzegovina ($3.43M), Germany ($2.99M), and Serbia ($2.9M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hydrogen EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Austria$618k (161%)
United States$569k (58%)
Italy$454k (322%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hydrogen BY Hungary WERE (2021 - 2022):
Croatia-$245k (-52.6%)
Serbia-$135k (-27.9%)
Russia-$47.4k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Hungary's main exporting competitors in Hydrogen were:
In 2022, Hungary's main importing competitors in Hydrogen were:
China $3.46B
Japan $1.98B
Germany $1.73B

Explore Visualizations

Trade Value of Hydrogen by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.29M
TOP IMPORT POTENTIALGermany+ $2.12M

Hydrogen’s highest export potential is United States. With an export gap of $1.29M.   Hydrogen’s highest import potential is Germany with an import gap of $2.12M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with