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2022
Exports $386MWorld Rnk 12 / 165
Flag Rnk 180 / 1213
2022
Destination $149M Netherlands
2021 - 2022
FASTEST GROWING MARKET $149MNetherlands
2022
PRODUCT COMPLEXITY IN Hydrogen0.11Rnk 521 / 1025
2022
Imports $152MWorld Rnk 20 / 213
Flag Rnk 413 / 1214
2022
Origin $22.2M United States
2021 - 2022
FASTEST GROWING ORIGIN $22.2MUnited States
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $386M in Hydrogen, making it the 12th largest exporter of Hydrogen in the world. At the same year, Hydrogen was the 180th most exported product in Belgium. The main destination of Hydrogen exports from Belgium are: Netherlands ($290M), France ($45.6M), Germany ($20.7M), Luxembourg ($5.13M), and United Kingdom ($4.37M).

The fastest growing export markets for Hydrogen of Belgium between 2021 and 2022 were Netherlands ($149M), France ($12.2M), and Luxembourg ($1.69M).

Imports In 2018, Belgium imported $152M in Hydrogen, becoming the 20th largest importer of Hydrogen in the world. At the same year, Hydrogen was the 413th most imported product in Belgium. Belgium imports Hydrogen primarily from: United States ($59.8M), Netherlands ($35.7M), Germany ($15.1M), France ($9.01M), and Vietnam ($5.8M).

The fastest growing import markets in Hydrogen for Belgium between 2021 and 2022 were United States ($22.2M), Germany ($5.17M), and United Kingdom ($2.39M).

Latest Trends

August 2024

About

Overview In August 2024 Belgium's Hydrogen exports accounted up to €10.7M and imports accounted up to €8.63M, resulting in a positive trade balance of €2.06M. Between August 2023 and August 2024 the exports of Belgium's   Hydrogen have decreased by €-46.1k (-0.43%) from €10.7M to €10.7M, while imports increased by €2.47M (40.1%) from €6.16M to €8.63M.

Destinations In August 2024, Hydrogen were exported mostly to Netherlands (€4.06M), France (€2.35M), Germany (€1.91M), Luxembourg (€652k), and United Kingdom (€338k), and were imported mostly from France (€1.83M), United States (€1.76M), Netherlands (€1.36M), Germany (€1.1M), and Angola (€898k).

Growth In August 2024, the decrease in Hydrogen's year-by-year exports was explained primarily by a decrease in exports to Netherlands (€-8.4M or -38.5%), France (€-217k or -5.76%), and Peru (€-93.2k or -91.4%). In August 2024, the increase in Hydrogen's year-by-year imports was explained primarily by an increase in imports from United States (€3.38M or 343%), France (€358k or 25.9%), and Ireland (€66.1k or 98.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€-46.1k(-0.43%)
IMPORT GROWTH (August 2023 - August 2024)€2.47M(40.1%)
MAIN DESTINATION (August 2024)Netherlands€4.06M

This section shows Hydrogen's exports and imports data at subnational level for Belgium. 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)$386M
IMPORTS (2022)$152M
NET TRADE (2022)$234M

In 2022, Belgium exported $386M in Hydrogen. The main destinations of Belgium exports on Hydrogen were Netherlands ($290M), France ($45.6M), Germany ($20.7M), Luxembourg ($5.13M), and United Kingdom ($4.37M).

In 2022, Belgium imported $152M in Hydrogen, mainly from United States ($59.8M), Netherlands ($35.7M), Germany ($15.1M), France ($9.01M), and Vietnam ($5.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hydrogen EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Netherlands$149M (105%)
France$12.2M (36.5%)
Luxembourg$1.69M (49.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hydrogen BY Belgium WERE (2021 - 2022):
China-$1.98M (-92.1%)
Japan-$1.78M (-87.5%)
United Kingdom-$1.02M (-18.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Hydrogen were:
China $3.34B
Germany $2.43B
United States $2.35B
In 2022, Belgium'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+ $24.3M
TOP IMPORT POTENTIALGermany+ $14.8M

Hydrogen’s highest export potential is Germany. With an export gap of $24.3M.   Hydrogen’s highest import potential is Germany with an import gap of $14.8M.

See methodology.

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