Hydrogen2804 (Harmonized System 1992 for 4-digit)
2021 World Trade: $13.6B, Rnk 288 / 1217
2021 Top Exporter | Top Importer: $2.73B | $2.77B, China | China
2021 Product Complexity: 0.092, Rnk 523 / 1024
2020 - 2021 Export Growth (CAGR): 46%, Rnk 140 / 1217
2018 Mean Tariff: 4.06%, Rnk 994 / 1259
2021 Share of World Trade: 0.00065%, Rnk 288 / 1217
Overview This page contains the latest trade data of Hydrogen. In 2021, Hydrogen were the world's 288th most traded product, with a total trade of $13.6B. Between 2020 and 2021 the exports of Hydrogen grew by 46%, from $9.31B to $13.6B. Trade in Hydrogen represent 0.00065% of total world trade.
Hydrogen are a part of Inorganic chemicals. They include Silicon, >99.99% pure, Silicon, <99.99% pure, Rare gases other than argon, Phosphorus, Argon, Selenium, Oxygen, Nitrogen, Hydrogen, and Boron, tellurium, among others.
Exports In 2021 the top exporters of Hydrogen were China ($2.73B), Germany ($1.81B), United States ($1.7B), Malaysia ($802M), and Qatar ($687M).
Imports In 2021 the top importers of Hydrogen were China ($2.77B), Japan ($1.68B), Germany ($1.08B), South Korea ($906M), and United States ($686M).
Tariffs In 2018 the average tariff for Hydrogen was 4.06%, making it the 994th lowest tariff using the HS4 product classification.
Ranking Hydrogen ranks 523rd in the Product Complexity Index (PCI).
Description Hydrogen is the most abundant element in the universe and is used in many ways, including as a fuel. Rare gases are used for a variety of purposes, including in welding and as a protective atmosphere. Non-metals are used in many ways, including as catalysts in chemical reactions.
The following visualization shows the latest trends on Hydrogen. Countries are shown based on data availability.
For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.
* Using January 2020 exchange rates when trade data is reported in local currency.
Trade By Country
Hydrogen are the world's 288th most traded product.
In 2021, the top exporters of Hydrogen were China ($2.73B), Germany ($1.81B), United States ($1.7B), Malaysia ($802M), and Qatar ($687M).
In 2021, the top importers of Hydrogen were China ($2.77B), Japan ($1.68B), Germany ($1.08B), South Korea ($906M), and United States ($686M).
Trade by country
Between 2020 and 2021, the exports of Hydrogen grew the fastest in China ($1.28B), Germany ($792M), Malaysia ($510M), United States ($290M), and Japan ($273M).
Between 2020 and 2021, the fastest growing importers of Hydrogen were China ($1.36B), Japan ($563M), South Korea ($267M), Netherlands ($215M), and Chinese Taipei ($209M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Hydrogen.
In 2021, market concentration measured using Shannon Entropy, was 4.26. This means that most of the exports of Hydrogen are explained by 19 countries.
TOP NET EXPORTER (2021): United States, $1.02B
TOP NET IMPORTER (2021): Japan, $1.01B
This map shows which countries export or import more of Hydrogen. Each country is colored based on the difference in exports and imports of Hydrogen during 2021.
In 2021, the countries that had a largest trade value in exports than in imports of Hydrogen were United States ($1.02B), Germany ($730M), Qatar ($600M), Norway ($490M), and Malaysia ($423M).
In 2021, the countries that had a largest trade value in imports than in exports of Hydrogen were Japan ($1.01B), South Korea ($685M), India ($427M), Chinese Taipei ($331M), and United Kingdom ($266M).
In 2021, the world most traded Hydrogen, disaggragated by their HS6 level were Silicon, <99.99% pure ($4.66B), Silicon, >99.99% pure ($4.64B), Rare gases other than argon ($2.16B), Phosphorus ($654M), and Boron, tellurium ($353M)
This visualization shows the countries that have an important ratio of their trade related to Hydrogen. It is possible to select the main countries that export or import Hydrogen in the world, or by continent, as well as select the measure of interest.
The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.
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