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2023
Exports $257MWorld Rnk 15 / 165
Flag Rnk 262 / 1216
2023
Destination $14.4M Netherlands
2022 - 2023
FASTEST GROWING MARKET $14.4MFrance
2023
PRODUCT COMPLEXITY IN Hydrogen-0.073Rnk 582 / 1025
2023
Imports $147MWorld Rnk 18 / 217
Flag Rnk 379 / 1213
2023
Origin $15.1M Netherlands
2022 - 2023
FASTEST GROWING ORIGIN $15.1MFrance
2023
ECONOMIC COMPLEXITY of Belgium1.23Rnk 20 / 132

About

Exports In 2023, Belgium exported $257M in Hydrogen, making it the 15th largest exporter of Hydrogen in the world. At the same year, Hydrogen was the 262nd most exported product in Belgium. The main destination of Hydrogen exports from Belgium are: Netherlands ($168M), France ($39.2M), Germany ($15.7M), United Kingdom ($4.87M), and Luxembourg ($3.17M).

The fastest growing export markets for Hydrogen of Belgium between 2022 and 2023 were France ($14.4M), China ($1.39M), and Sweden ($1.07M).

Imports In 2023, Belgium imported $147M in Hydrogen, becoming the 18th largest importer of Hydrogen in the world. At the same year, Hydrogen was the 379th most imported product in Belgium. Belgium imports Hydrogen primarily from: Netherlands ($43.5M), United States ($41.5M), France ($24.7M), Germany ($15M), and China ($5.48M).

The fastest growing import markets in Hydrogen for Belgium between 2022 and 2023 were France ($15.1M), Germany ($3.28M), and Russia ($2.06M).

Latest Trends

November 2024

About

Overview In November 2024 Belgium's Hydrogen exports accounted up to €10.2M and imports accounted up to €6.95M, resulting in a positive trade balance of €3.26M. Between November 2023 and November 2024 the exports of Belgium's   Hydrogen have decreased by €-2M (-16.4%) from €12.2M to €10.2M, while imports decreased by €-3.3M (-32.2%) from €10.3M to €6.95M.

Destinations In November 2024, Hydrogen were exported mostly to Netherlands (€4.16M), France (€2.17M), Germany (€1.32M), United Kingdom (€495k), and Luxembourg (€460k), and were imported mostly from Netherlands (€1.86M), United States (€1.31M), France (€1.22M), Germany (€826k), and China (€618k).

Growth In November 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 November 2024, the decrease in Hydrogen's year-by-year imports was explained primarily by a decrease in imports from Netherlands (€-4.71M or -82.5%), China (€-278k or -93.5%), and Poland (€-43.8k or -90.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€-2M(-16.4%)
IMPORT GROWTH (November 2023 - November 2024)€-3.3M(-32.2%)
MAIN DESTINATION (November 2024)Netherlands€4.16M

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 (2023)$257M
IMPORTS (2023)$147M
NET TRADE (2023)$110M

In 2023, Belgium exported $257M in Hydrogen. The main destinations of Belgium exports on Hydrogen were Netherlands ($168M), France ($39.2M), Germany ($15.7M), United Kingdom ($4.87M), and Luxembourg ($3.17M).

In 2023, Belgium imported $147M in Hydrogen, mainly from Netherlands ($43.5M), United States ($41.5M), France ($24.7M), Germany ($15M), and China ($5.48M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Hydrogen EXPORT MARKETS FOR Belgium WERE (2022 - 2023):
France$14.4M (58.3%)
China$1.39M (795%)
Sweden$1.07M (594%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hydrogen BY Belgium WERE (2022 - 2023):
Netherlands-$106M (-38.7%)
Germany-$4.21M (-21.1%)
Luxembourg-$1.27M (-28.6%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Belgium's main exporting competitors in Hydrogen were:
United States $2.15B
Germany $1.95B
China $1.93B
In 2023, Belgium'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 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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