2023
Exports
$214kWorld Rnk 104 / 165
Flag Rnk 357 / 1096
2023
PRODUCT COMPLEXITY IN Hydrogen
-0.073Rnk 582 / 1025
2023
Imports
$11.3MWorld Rnk 58 / 217
Flag Rnk 412 / 1184
2023
ECONOMIC COMPLEXITY of Nigeria
-1.75Rnk 129 / 132

About

Exports In 2023, Nigeria exported $214k in Hydrogen, making it the 104th largest exporter of Hydrogen in the world. At the same year, Hydrogen was the 357th most exported product in Nigeria. The main destination of Hydrogen exports from Nigeria are: Ghana ($99.4k), Benin ($65.7k), Burkina Faso ($18.8k), Sao Tome and Principe ($15k), and Niger ($10.6k).

The fastest growing export markets for Hydrogen of Nigeria between 2022 and 2023 were Ghana ($99.4k), Niger ($7.96k), and Sao Tome and Principe ($3.67k).

Imports In 2023, Nigeria imported $11.3M in Hydrogen, becoming the 58th largest importer of Hydrogen in the world. At the same year, Hydrogen was the 412th most imported product in Nigeria. Nigeria imports Hydrogen primarily from: China ($6.87M), United Arab Emirates ($1.32M), Singapore ($913k), South Africa ($601k), and France ($432k).

The fastest growing import markets in Hydrogen for Nigeria between 2022 and 2023 were South Africa ($584k), United Arab Emirates ($413k), and France ($269k).

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)$214k
IMPORTS (2023)$11.3M
NET TRADE (2023)-$11.1M

In 2023, Nigeria exported $214k in Hydrogen. The main destinations of Nigeria exports on Hydrogen were Ghana ($99.4k), Benin ($65.7k), Burkina Faso ($18.8k), Sao Tome and Principe ($15k), and Niger ($10.6k).

In 2023, Nigeria imported $11.3M in Hydrogen, mainly from China ($6.87M), United Arab Emirates ($1.32M), Singapore ($913k), South Africa ($601k), and France ($432k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Hydrogen EXPORT MARKETS FOR Nigeria WERE (2022 - 2023):
Ghana$99.4k (1%)
Niger$7.96k (301%)
Sao Tome and Principe$3.67k (32.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hydrogen BY Nigeria WERE (2022 - 2023):
Benin-$28.9k (-30.5%)
Burkina Faso-$6.15k (-24.7%)
Belgium-$1.29k (-79.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Nigeria's main exporting competitors in Hydrogen were:
In 2023, Nigeria'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 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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