2022
Exports
$240MWorld Rnk 17 / 165
Flag Rnk 95 / 1208
2022
PRODUCT COMPLEXITY IN Hydrogen
0.11Rnk 521 / 1025
2022
Imports
$52.3MWorld Rnk 36 / 213
Flag Rnk 480 / 1206
2022
ECONOMIC COMPLEXITY of Australia
-0.24Rnk 78 / 133

About

Exports In 2022, Australia exported $240M in Hydrogen, making it the 17th largest exporter of Hydrogen in the world. At the same year, Hydrogen was the 95th most exported product in Australia. The main destination of Hydrogen exports from Australia are: Thailand ($80.3M), Japan ($57.4M), Germany ($25.3M), United States ($14M), and China ($13.7M).

The fastest growing export markets for Hydrogen of Australia between 2021 and 2022 were Thailand ($59.5M), Japan ($40.1M), and Germany ($12.4M).

Imports In 2022, Australia imported $52.3M in Hydrogen, becoming the 36th largest importer of Hydrogen in the world. At the same year, Hydrogen was the 480th most imported product in Australia. Australia imports Hydrogen primarily from: China ($17.9M), Japan ($13.2M), Denmark ($6.29M), Qatar ($4.38M), and Singapore ($2.43M).

The fastest growing import markets in Hydrogen for Australia between 2021 and 2022 were China ($7.43M), Japan ($6.11M), and Qatar ($2.78M).

Latest Trends

Jul 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)$240M
IMPORTS (2022)$52.3M
NET TRADE (2022)$188M

In 2022, Australia exported $240M in Hydrogen. The main destinations of Australia exports on Hydrogen were Thailand ($80.3M), Japan ($57.4M), Germany ($25.3M), United States ($14M), and China ($13.7M).

In 2022, Australia imported $52.3M in Hydrogen, mainly from China ($17.9M), Japan ($13.2M), Denmark ($6.29M), Qatar ($4.38M), and Singapore ($2.43M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hydrogen EXPORT MARKETS FOR Australia WERE (2021 - 2022):
Thailand$59.5M (286%)
Japan$40.1M (231%)
Germany$12.4M (95.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hydrogen BY Australia WERE (2021 - 2022):
Singapore-$32.7M (-98.7%)
South Korea-$3.99M (-72.3%)
Canada-$3.09M (-35%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Australia's main exporting competitors in Hydrogen were:
In 2022, Australia'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+ $13.5M
TOP IMPORT POTENTIALChina+ $5.11M

Hydrogen’s highest export potential is China. With an export gap of $13.5M.   Hydrogen’s highest import potential is China with an import gap of $5.11M.

See methodology.

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