2022
Exports
$18.9MWorld Rnk 44 / 165
Flag Rnk 766 / 1212
2022
PRODUCT COMPLEXITY IN Hydrogen
0.11Rnk 521 / 1025
2022
Imports
$671MWorld Rnk 9 / 213
Flag Rnk 146 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $18.9M in Hydrogen, making it the 44th largest exporter of Hydrogen in the world. At the same year, Hydrogen was the 766th most exported product in India. The main destination of Hydrogen exports from India are: Bangladesh ($2.87M), United States ($2.3M), United Arab Emirates ($2.01M), Hong Kong ($1.71M), and Oman ($1.36M).

The fastest growing export markets for Hydrogen of India between 2021 and 2022 were Hong Kong ($1.7M), United Arab Emirates ($1.28M), and United States ($1.27M).

Imports In 2022, India imported $671M in Hydrogen, becoming the 9th largest importer of Hydrogen in the world. At the same year, Hydrogen was the 146th most imported product in India. India imports Hydrogen primarily from: Vietnam ($219M), China ($186M), Kazakhstan ($61.8M), Qatar ($40.1M), and Malaysia ($39.7M).

The fastest growing import markets in Hydrogen for India between 2021 and 2022 were Vietnam ($76.7M), China ($45.7M), and Kazakhstan ($37.1M).

COMPANIES In 2023, leading companies such as Givaudan Fragrances (1) were at the forefront of shipping Hydrogen from India to the United States.

Latest Trends

Jul 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 (2022)$18.9M
IMPORTS (2022)$671M
NET TRADE (2022)-$652M

In 2022, India exported $18.9M in Hydrogen. The main destinations of India exports on Hydrogen were Bangladesh ($2.87M), United States ($2.3M), United Arab Emirates ($2.01M), Hong Kong ($1.71M), and Oman ($1.36M).

In 2022, India imported $671M in Hydrogen, mainly from Vietnam ($219M), China ($186M), Kazakhstan ($61.8M), Qatar ($40.1M), and Malaysia ($39.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hydrogen EXPORT MARKETS FOR India WERE (2021 - 2022):
Hong Kong$1.7M (8.79k%)
United States$1.27M (125%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hydrogen BY India WERE (2021 - 2022):
Bangladesh-$2.92M (-50.4%)
Nigeria-$519k (-60.7%)
Saudi Arabia-$377k (-94.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Hydrogen by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.03M
TOP IMPORT POTENTIALChina+ $103M

Hydrogen’s highest export potential is United States. With an export gap of $3.03M.   Hydrogen’s highest import potential is China with an import gap of $103M.

See methodology.

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