2022
Exports
$212MWorld Rnk 18 / 165
Flag Rnk 119 / 1200
2022
PRODUCT COMPLEXITY IN Hydrogen
0.11Rnk 521 / 1025
2022
Imports
$38.6MWorld Rnk 39 / 213
Flag Rnk 536 / 1201
2022
ECONOMIC COMPLEXITY of Russia
0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $212M in Hydrogen, making it the 18th largest exporter of Hydrogen in the world. At the same year, Hydrogen was the 119th most exported product in Russia. The main destination of Hydrogen exports from Russia are: South Korea ($84.8M), China ($48.2M), India ($15.1M), Germany ($14.5M), and Kazakhstan ($10.5M).

The fastest growing export markets for Hydrogen of Russia between 2021 and 2022 were South Korea ($68.3M), China ($44.4M), and Turkey ($8.24M).

Imports In 2022, Russia imported $38.6M in Hydrogen, becoming the 39th largest importer of Hydrogen in the world. At the same year, Hydrogen was the 536th most imported product in Russia. Russia imports Hydrogen primarily from: China ($25.8M), Poland ($6.31M), Kazakhstan ($1.98M), Germany ($1.68M), and Estonia ($678k).

The fastest growing import markets in Hydrogen for Russia between 2021 and 2022 were Kazakhstan ($1.45M), Turkey ($550k), and Kyrgyzstan ($329k).

Latest Trends

Aug 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)$212M
IMPORTS (2022)$38.6M
NET TRADE (2022)$173M

In 2022, Russia exported $212M in Hydrogen. The main destinations of Russia exports on Hydrogen were South Korea ($84.8M), China ($48.2M), India ($15.1M), Germany ($14.5M), and Kazakhstan ($10.5M).

In 2022, Russia imported $38.6M in Hydrogen, mainly from China ($25.8M), Poland ($6.31M), Kazakhstan ($1.98M), Germany ($1.68M), and Estonia ($678k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hydrogen EXPORT MARKETS FOR Russia WERE (2021 - 2022):
South Korea$68.3M (414%)
China$44.4M (1.17k%)
Turkey$8.24M (5.86k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hydrogen BY Russia WERE (2021 - 2022):
India-$8.99M (-37.4%)
Ukraine-$6.09M (-72.1%)
Belarus-$5.64M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Russia's main exporting competitors in Hydrogen were:
In 2022, Russia'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 POTENTIALChina+ $45.1M
TOP IMPORT POTENTIALChina+ $14.6M

Hydrogen’s highest export potential is China. With an export gap of $45.1M.   Hydrogen’s highest import potential is China with an import gap of $14.6M.

See methodology.

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