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2022
Exports $74.3MWorld Rnk 28 / 165
Flag Rnk 304 / 1212
2022
Destination $42.4M France
2021 - 2022
FASTEST GROWING MARKET $42.4MFrance
2022
PRODUCT COMPLEXITY IN Hydrogen0.11Rnk 521 / 1025
2022
Imports $64.8MWorld Rnk 30 / 213
Flag Rnk 414 / 1213
2022
Origin $25.9M Norway
2021 - 2022
FASTEST GROWING ORIGIN $25.9MNorway
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $74.3M in Hydrogen, making it the 28th largest exporter of Hydrogen in the world. At the same year, Hydrogen was the 304th most exported product in Sweden. The main destination of Hydrogen exports from Sweden are: France ($43.2M), Germany ($9.28M), Norway ($5.42M), Denmark ($5.29M), and Finland ($4.42M).

The fastest growing export markets for Hydrogen of Sweden between 2021 and 2022 were France ($42.4M), Germany ($8.28M), and Denmark ($963k).

Imports In 2022, Sweden imported $64.8M in Hydrogen, becoming the 30th largest importer of Hydrogen in the world. At the same year, Hydrogen was the 414th most imported product in Sweden. Sweden imports Hydrogen primarily from: Norway ($47.5M), Denmark ($4.11M), France ($2.52M), Finland ($1.79M), and Germany ($1.72M).

The fastest growing import markets in Hydrogen for Sweden between 2021 and 2022 were Norway ($25.9M), Italy ($834k), and France ($753k).

Latest Trends

May 2024

About

Overview In May 2024 Sweden's Hydrogen exports accounted up to SEK18.3M and imports accounted up to SEK30.6M, resulting in a negative trade balance of SEK12.3M. Between May 2023 and May 2024 the exports of Sweden's   Hydrogen have decreased by SEK-8.8M (-32.5%) from SEK27.1M to SEK18.3M, while imports decreased by SEK-28.6M (-48.3%) from SEK59.2M to SEK30.6M.

Destinations In May 2024, Hydrogen were exported mostly to Finland (SEK4.71M), Norway (SEK4.57M), Germany (SEK4.05M), Denmark (SEK3.95M), and Latvia (SEK265k), and were imported mostly from Norway (SEK18.7M), Finland (SEK3.36M), Chinese Taipei (SEK1.98M), China (SEK1.36M), and Denmark (SEK1.12M).

Growth In May 2024, the decrease in Hydrogen's year-by-year exports was explained primarily by a decrease in exports to Norway (SEK-3.03M or -51.9%), Latvia (SEK-1.53M or -93%), and Poland (SEK-1.42M or -97.1%). In May 2024, the decrease in Hydrogen's year-by-year imports was explained primarily by a decrease in imports from Germany (SEK-725k or -90.1%), United States (SEK-562k or -95.7%), and Finland (SEK-159k or -11.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)SEK-8.8M(-32.5%)
IMPORT GROWTH (May 2023 - May 2024)SEK-28.6M(-48.3%)
MAIN EXPORTER (May 2024)undefined23.7M
MAIN DESTINATION (May 2024)FinlandSEK4.71M

This section shows Hydrogen's exports and imports data at subnational level for Sweden. 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 (2022)$74.3M
IMPORTS (2022)$64.8M
NET TRADE (2022)$9.46M

In 2022, Sweden exported $74.3M in Hydrogen. The main destinations of Sweden exports on Hydrogen were France ($43.2M), Germany ($9.28M), Norway ($5.42M), Denmark ($5.29M), and Finland ($4.42M).

In 2022, Sweden imported $64.8M in Hydrogen, mainly from Norway ($47.5M), Denmark ($4.11M), France ($2.52M), Finland ($1.79M), and Germany ($1.72M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hydrogen EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
France$42.4M (5.97k%)
Germany$8.28M (826%)
Denmark$963k (22.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hydrogen BY Sweden WERE (2021 - 2022):
Finland-$1.18M (-21.1%)
Hong Kong-$979k (-43.5%)
Slovakia-$383k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Hydrogen were:
China $3.34B
Germany $2.43B
United States $2.35B
In 2022, Sweden'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 POTENTIALGermany+ $4.07M
TOP IMPORT POTENTIALGermany+ $1.88M

Hydrogen’s highest export potential is Germany. With an export gap of $4.07M.   Hydrogen’s highest import potential is Germany with an import gap of $1.88M.

See methodology.

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