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2023
Exports $82.3MWorld Rnk 23 / 165
Flag Rnk 607 / 1216
2023
Destination $2.64M Malaysia
2022 - 2023
FASTEST GROWING MARKET $2.64MCzechia
2023
PRODUCT COMPLEXITY IN Hydrogen-0.073Rnk 582 / 1025
2023
Imports $331MWorld Rnk 13 / 217
Flag Rnk 315 / 1213
2023
Origin $8.39M Netherlands
2022 - 2023
FASTEST GROWING ORIGIN $8.39MNetherlands
2023
ECONOMIC COMPLEXITY of Italy1.29Rnk 18 / 132

About

Exports In 2023, Italy exported $82.3M in Hydrogen, making it the 23rd largest exporter of Hydrogen in the world. At the same year, Hydrogen was the 607th most exported product in Italy. The main destination of Hydrogen exports from Italy are: Malaysia ($18.2M), Germany ($11.9M), Slovenia ($9.06M), Czechia ($5.67M), and Chinese Taipei ($5.31M).

The fastest growing export markets for Hydrogen of Italy between 2022 and 2023 were Czechia ($2.64M), Slovenia ($1.88M), and Switzerland ($1.04M).

Imports In 2023, Italy imported $331M in Hydrogen, becoming the 13th largest importer of Hydrogen in the world. At the same year, Hydrogen was the 315th most imported product in Italy. Italy imports Hydrogen primarily from: Netherlands ($52.9M), Germany ($46M), France ($43.2M), Denmark ($30.2M), and China ($24.6M).

The fastest growing import markets in Hydrogen for Italy between 2022 and 2023 were Netherlands ($8.39M), Brazil ($8M), and United States ($7.36M).

Latest Trends

October 2024

About

Overview In October 2024 Italy's Hydrogen exports accounted up to €3.49M and imports accounted up to €20.5M, resulting in a negative trade balance of €17M. Between October 2023 and October 2024 the exports of Italy's   Hydrogen have decreased by €-260k (-6.94%) from €3.75M to €3.49M, while imports decreased by €-3.22M (-13.6%) from €23.7M to €20.5M.

Destinations In October 2024, Hydrogen were exported mostly to Malaysia (€1.24M), Switzerland (€689k), Slovenia (€331k), France (€255k), and Austria (€221k), and were imported mostly from Germany (€4.26M), Netherlands (€3.61M), Denmark (€2.24M), France (€1.97M), and Vietnam (€1.58M).

Growth In October 2024, the decrease in Hydrogen's year-by-year exports was explained primarily by a decrease in exports to France (€-110k or -37.8%), Malaysia (€-82.7k or -5.05%), and Austria (€-38.4k or -25.1%). In October 2024, the decrease in Hydrogen's year-by-year imports was explained primarily by a decrease in imports from Germany (€-4.43M or -60.7%), France (€-1.88M or -31.7%), and Netherlands (€-1.87M or -36.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)€-260k(-6.94%)
IMPORT GROWTH (October 2023 - October 2024)€-3.22M(-13.6%)
MAIN DESTINATION (October 2024)Malaysia€1.24M

This section shows Hydrogen's exports and imports data at subnational level for Italy. 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)$82.3M
IMPORTS (2023)$331M
NET TRADE (2023)-$249M

In 2023, Italy exported $82.3M in Hydrogen. The main destinations of Italy exports on Hydrogen were Malaysia ($18.2M), Germany ($11.9M), Slovenia ($9.06M), Czechia ($5.67M), and Chinese Taipei ($5.31M).

In 2023, Italy imported $331M in Hydrogen, mainly from Netherlands ($52.9M), Germany ($46M), France ($43.2M), Denmark ($30.2M), and China ($24.6M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Hydrogen EXPORT MARKETS FOR Italy WERE (2022 - 2023):
Czechia$2.64M (86.9%)
Slovenia$1.88M (26.1%)
Switzerland$1.04M (24.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hydrogen BY Italy WERE (2022 - 2023):
Chinese Taipei-$6.33M (-54.4%)
China-$5.5M (-94%)
Germany-$4.44M (-27.2%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Italy's main exporting competitors in Hydrogen were:
United States $2.15B
Germany $1.95B
China $1.93B
In 2023, Italy'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 POTENTIALChina+ $7.31M
TOP IMPORT POTENTIALChina+ $18.4M

Hydrogen’s highest export potential is China. With an export gap of $7.31M.   Hydrogen’s highest import potential is China with an import gap of $18.4M.

See methodology.

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