2023
Exports
$12.5MWorld Rnk 48 / 165
Flag Rnk 339 / 1207
2023
PRODUCT COMPLEXITY IN Hydrogen
-0.073Rnk 582 / 1025
2023
Imports
$62.2MWorld Rnk 32 / 217
Flag Rnk 271 / 1213
2023
ECONOMIC COMPLEXITY of Ireland
1.31Rnk 17 / 132

About

Exports In 2023, Ireland exported $12.5M in Hydrogen, making it the 48th largest exporter of Hydrogen in the world. At the same year, Hydrogen was the 339th most exported product in Ireland. The main destination of Hydrogen exports from Ireland are: United Kingdom ($10.4M), Belgium ($1.93M), Germany ($104k), United States ($58.5k), and Netherlands ($36.3k).

The fastest growing export markets for Hydrogen of Ireland between 2022 and 2023 were United Kingdom ($6.65M), Belgium ($353k), and Germany ($29.2k).

Imports In 2023, Ireland imported $62.2M in Hydrogen, becoming the 32nd largest importer of Hydrogen in the world. At the same year, Hydrogen was the 271st most imported product in Ireland. Ireland imports Hydrogen primarily from: United States ($18.2M), United Kingdom ($16.8M), Algeria ($15M), France ($5.38M), and Netherlands ($4.51M).

The fastest growing import markets in Hydrogen for Ireland between 2022 and 2023 were United States ($4.63M), Algeria ($3.71M), and United Kingdom ($2.88M).

Latest Trends

Dec 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 (2023)$12.5M
IMPORTS (2023)$62.2M
NET TRADE (2023)-$49.6M

In 2023, Ireland exported $12.5M in Hydrogen. The main destinations of Ireland exports on Hydrogen were United Kingdom ($10.4M), Belgium ($1.93M), Germany ($104k), United States ($58.5k), and Netherlands ($36.3k).

In 2023, Ireland imported $62.2M in Hydrogen, mainly from United States ($18.2M), United Kingdom ($16.8M), Algeria ($15M), France ($5.38M), and Netherlands ($4.51M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Hydrogen EXPORT MARKETS FOR Ireland WERE (2022 - 2023):
United Kingdom$6.65M (179%)
Belgium$353k (22.5%)
Germany$29.2k (38.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hydrogen BY Ireland WERE (2022 - 2023):
Israel-$186k (-96.2%)
United States-$68.6k (-54%)
Netherlands-$22.4k (-38.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Ireland's main exporting competitors in Hydrogen were:
In 2023, Ireland'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 Kingdom+ $594k
TOP IMPORT POTENTIALUnited States+ $2.33M

Hydrogen’s highest export potential is United Kingdom. With an export gap of $594k.   Hydrogen’s highest import potential is United States with an import gap of $2.33M.

See methodology.

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