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2022
Exports $130kWorld Rnk 108 / 165
Flag Rnk 388 / 1077
2022
Destination $40.5k Benin
2021 - 2022
FASTEST GROWING MARKET $40.5kBenin
2022
PRODUCT COMPLEXITY IN Hydrogen0.11Rnk 521 / 1025
2022
Imports $14.2MWorld Rnk 56 / 213
Flag Rnk 409 / 1182
2022
Origin $2.89M China
2021 - 2022
FASTEST GROWING ORIGIN $2.89MChina
2022
ECONOMIC COMPLEXITY of Nigeria-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $130k in Hydrogen, making it the 108th largest exporter of Hydrogen in the world. At the same year, Hydrogen was the 388th most exported product in Nigeria. The main destination of Hydrogen exports from Nigeria are: Benin ($93.6k), Burkina Faso ($22.3k), Sao Tome and Principe ($9.83k), Niger ($2.36k), and Belgium ($1.63k).

The fastest growing export markets for Hydrogen of Nigeria between 2021 and 2022 were Benin ($40.5k), Burkina Faso ($22.3k), and Sao Tome and Principe ($9.83k).

Imports In 2022, Nigeria imported $14.2M in Hydrogen, becoming the 56th largest importer of Hydrogen in the world. At the same year, Hydrogen was the 409th most imported product in Nigeria. Nigeria imports Hydrogen primarily from: China ($9.12M), United Arab Emirates ($1.93M), Singapore ($1.18M), Italy ($408k), and India ($337k).

The fastest growing import markets in Hydrogen for Nigeria between 2021 and 2022 were China ($2.89M), United Arab Emirates ($964k), and Singapore ($338k).

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)$130k
IMPORTS (2022)$14.2M
NET TRADE (2022)-$14M

In 2022, Nigeria exported $130k in Hydrogen. The main destinations of Nigeria exports on Hydrogen were Benin ($93.6k), Burkina Faso ($22.3k), Sao Tome and Principe ($9.83k), Niger ($2.36k), and Belgium ($1.63k).

In 2022, Nigeria imported $14.2M in Hydrogen, mainly from China ($9.12M), United Arab Emirates ($1.93M), Singapore ($1.18M), Italy ($408k), and India ($337k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hydrogen EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
Benin$40.5k (76.4%)
Burkina Faso$22.3k (1%)
Sao Tome and Principe$9.83k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hydrogen BY Nigeria WERE (2021 - 2022):
Gabon-$108k (-100%)
Republic of the Congo-$13k (-100%)
Niger-$5.25k (-69%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nigeria's main exporting competitors in Hydrogen were:
China $3.34B
Germany $2.43B
United States $2.35B
In 2022, Nigeria'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
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TOP EXPORT POTENTIALBelgium+ $6.23k
TOP IMPORT POTENTIALChina+ $2.75M

Hydrogen’s highest export potential is Belgium. With an export gap of $6.23k.   Hydrogen’s highest import potential is China with an import gap of $2.75M.

See methodology.

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