2023
Exports
$20.7MWorld Rnk 41 / 165
Flag Rnk 584 / 1212
2023
PRODUCT COMPLEXITY IN Hydrogen
-0.073Rnk 582 / 1025
2023
Imports
$139MWorld Rnk 20 / 217
Flag Rnk 287 / 1212
2023
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 132

About

Exports In 2023, Thailand exported $20.7M in Hydrogen, making it the 41st largest exporter of Hydrogen in the world. At the same year, Hydrogen was the 584th most exported product in Thailand. The main destination of Hydrogen exports from Thailand are: United States ($6.72M), China ($2.95M), Laos ($2.64M), Cambodia ($2.39M), and Canada ($1.43M).

The fastest growing export markets for Hydrogen of Thailand between 2022 and 2023 were Laos ($1.17M), Canada ($988k), and Vietnam ($884k).

Imports In 2023, Thailand imported $139M in Hydrogen, becoming the 20th largest importer of Hydrogen in the world. At the same year, Hydrogen was the 287th most imported product in Thailand. Thailand imports Hydrogen primarily from: China ($62.7M), Australia ($29.2M), Laos ($13.3M), Brazil ($8.43M), and Qatar ($8.43M).

The fastest growing import markets in Hydrogen for Thailand between 2022 and 2023 were Singapore ($229k), Belgium ($96.8k), and Qatar ($52.6k).

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)$20.7M
IMPORTS (2023)$139M
NET TRADE (2023)-$119M

In 2023, Thailand exported $20.7M in Hydrogen. The main destinations of Thailand exports on Hydrogen were United States ($6.72M), China ($2.95M), Laos ($2.64M), Cambodia ($2.39M), and Canada ($1.43M).

In 2023, Thailand imported $139M in Hydrogen, mainly from China ($62.7M), Australia ($29.2M), Laos ($13.3M), Brazil ($8.43M), and Qatar ($8.43M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Hydrogen EXPORT MARKETS FOR Thailand WERE (2022 - 2023):
Laos$1.17M (79.3%)
Canada$988k (221%)
Vietnam$884k (262%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hydrogen BY Thailand WERE (2022 - 2023):
United States-$23.8M (-78%)
United Arab Emirates-$994k (-100%)
China-$451k (-13.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Thailand's main exporting competitors in Hydrogen were:
In 2023, Thailand'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+ $4.98M
TOP IMPORT POTENTIALMalaysia+ $10.4M

Hydrogen’s highest export potential is China. With an export gap of $4.98M.   Hydrogen’s highest import potential is Malaysia with an import gap of $10.4M.

See methodology.

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