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2023
Exports $32.5MWorld Rnk 34 / 165
Flag Rnk 203 / 1123
2023
Destination $7.88M China
2022 - 2023
FASTEST GROWING MARKET $7.88MChina
2023
PRODUCT COMPLEXITY IN Hydrogen-0.073Rnk 582 / 1025
2023
Imports $28.9MWorld Rnk 46 / 217
Flag Rnk 444 / 1202
2023
Origin $1.97M Singapore
2022 - 2023
FASTEST GROWING ORIGIN $1.97MPoland
2023
ECONOMIC COMPLEXITY of Philippines0.64Rnk 40 / 132

About

Exports In 2023, Philippines exported $32.5M in Hydrogen, making it the 34th largest exporter of Hydrogen in the world. At the same year, Hydrogen was the 203rd most exported product in Philippines. The main destination of Hydrogen exports from Philippines are: China ($13.6M), Japan ($6.24M), Germany ($5.52M), United States ($3.59M), and Indonesia ($721k).

The fastest growing export markets for Hydrogen of Philippines between 2022 and 2023 were China ($7.88M), Germany ($3.63M), and Netherlands ($345k).

Imports In 2023, Philippines imported $28.9M in Hydrogen, becoming the 46th largest importer of Hydrogen in the world. At the same year, Hydrogen was the 444th most imported product in Philippines. Philippines imports Hydrogen primarily from: Singapore ($8.43M), China ($6.72M), Japan ($2.3M), Qatar ($2.15M), and Poland ($1.97M).

The fastest growing import markets in Hydrogen for Philippines between 2022 and 2023 were Poland ($1.97M), Qatar ($1.2M), and Malaysia ($822k).

Latest Trends

July 2024

About

Overview In July 2024 Philippines' Hydrogen exports accounted up to $1.37M and imports accounted up to $2M, resulting in a negative trade balance of $630k. Between July 2023 and July 2024 the exports of Philippines'   Hydrogen have decreased by $-1.18M (-46.3%) from $2.54M to $1.37M, while imports increased by $395k (24.7%) from $1.6M to $2M.

Destinations In July 2024, Hydrogen were exported mostly to Japan ($671k), Netherlands ($378k), Italy ($179k), India ($106k), and Guam ($33.6k), and were imported mostly from Germany ($911k), China ($423k), South Korea ($268k), Singapore ($216k), and United States ($82.1k).

Growth In July 2024, the decrease in Hydrogen's year-by-year exports was explained primarily by a decrease in exports to Brazil ($-569k or -87.2%). In July 2024, the increase in Hydrogen's year-by-year imports was explained primarily by an increase in imports from Singapore ($344k or 342%), Chinese Taipei ($18.5k or 122%), and Malaysia ($17.7k or 55.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-1.18M(-46.3%)
IMPORT GROWTH (July 2023 - July 2024)$395k(24.7%)
MAIN DESTINATION (July 2024)Japan$671k

This section shows Hydrogen's exports and imports data at subnational level for Philippines. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Hydrogen over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$32.5M
IMPORTS (2023)$28.9M
NET TRADE (2023)$3.53M

In 2023, Philippines exported $32.5M in Hydrogen. The main destinations of Philippines exports on Hydrogen were China ($13.6M), Japan ($6.24M), Germany ($5.52M), United States ($3.59M), and Indonesia ($721k).

In 2023, Philippines imported $28.9M in Hydrogen, mainly from Singapore ($8.43M), China ($6.72M), Japan ($2.3M), Qatar ($2.15M), and Poland ($1.97M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Hydrogen EXPORT MARKETS FOR Philippines WERE (2022 - 2023):
China$7.88M (137%)
Germany$3.63M (191%)
Netherlands$345k (118k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hydrogen BY Philippines WERE (2022 - 2023):
Japan-$12.6M (-66.9%)
United States-$2.02M (-36.1%)
Chinese Taipei-$99.9k (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Philippines's main exporting competitors in Hydrogen were:
United States $2.15B
Germany $1.95B
China $1.93B
In 2023, Philippines'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 POTENTIALChina+ $5.72M
TOP IMPORT POTENTIALChina+ $6.89M

Hydrogen’s highest export potential is China. With an export gap of $5.72M.   Hydrogen’s highest import potential is China with an import gap of $6.89M.

See methodology.

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