HS Icon Hydrogen

2804 (Harmonized System 1992 for 4-digit)

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.

View
Flow
Y-AXIS SCALE

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.

Explore Latest Trends

Historical Data

#permalink to section

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2021): China, $2.73B

Top Destination (2021): China, $2.77B

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).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Color

Top Origin Growth (2020 -  2021): China, $1.28B

Top Destination Growth (2020 -  2021): China, $1.36B

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).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

Value

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.

Explore Visualizations

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).

Disaggregation

#permalink to section
Value

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)

Country Comparison

#permalink to section
Flow
Measure
Ranking

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.

Product Complexity

#permalink to section

Diversification Frontier

#permalink to section
Specialization

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.

Country by Relatedness

#permalink to section

The following visualization shows the relatedness of Hydrogen to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.