2023
Exports
$16MWorld Rnk 44 / 165
Flag Rnk 799 / 1212
2023
PRODUCT COMPLEXITY IN Hydrogen
-0.073Rnk 582 / 1025
2023
Imports
$486MWorld Rnk 8 / 217
Flag Rnk 178 / 1208
2023
ECONOMIC COMPLEXITY of India
0.65Rnk 39 / 132

About

Exports In 2023, India exported $16M in Hydrogen, making it the 44th largest exporter of Hydrogen in the world. At the same year, Hydrogen was the 799th most exported product in India. The main destination of Hydrogen exports from India are: Hong Kong ($4.58M), Bangladesh ($2.26M), United States ($1.35M), Nepal ($1.26M), and United Arab Emirates ($783k).

The fastest growing export markets for Hydrogen of India between 2022 and 2023 were Hong Kong ($3.87M), Italy ($343k), and Saudi Arabia ($284k).

Imports In 2023, India imported $486M in Hydrogen, becoming the 8th largest importer of Hydrogen in the world. At the same year, Hydrogen was the 178th most imported product in India. India imports Hydrogen primarily from: China ($164M), Vietnam ($91.6M), Kazakhstan ($90.8M), Qatar ($72.3M), and Malaysia ($32.4M).

The fastest growing import markets in Hydrogen for India between 2022 and 2023 were Qatar ($32.2M), Kazakhstan ($29M), and China ($5.91M).

Latest Trends

Jan 2025

Subnational Monthly Trade

View
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 (2023)$16M
IMPORTS (2023)$486M
NET TRADE (2023)-$470M

In 2023, India exported $16M in Hydrogen. The main destinations of India exports on Hydrogen were Hong Kong ($4.58M), Bangladesh ($2.26M), United States ($1.35M), Nepal ($1.26M), and United Arab Emirates ($783k).

In 2023, India imported $486M in Hydrogen, mainly from China ($164M), Vietnam ($91.6M), Kazakhstan ($90.8M), Qatar ($72.3M), and Malaysia ($32.4M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Hydrogen EXPORT MARKETS FOR India WERE (2022 - 2023):
Hong Kong$3.87M (549%)
Italy$343k (34.3M%)
Saudi Arabia$284k (168%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hydrogen BY India WERE (2022 - 2023):
Oman-$1.52M (-95.5%)
United States-$1.02M (-42.9%)
Bangladesh-$612k (-21.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, India's main exporting competitors in Hydrogen were:
In 2023, India'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 POTENTIALUnited States+ $3.03M
TOP IMPORT POTENTIALChina+ $103M

Hydrogen’s highest export potential is United States. With an export gap of $3.03M.   Hydrogen’s highest import potential is China with an import gap of $103M.

See methodology.

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