2022
Exports
$1.01BWorld Rnk 4 / 165
Flag Rnk 14 / 1197
2022
PRODUCT COMPLEXITY IN Hydrogen
0.11Rnk 521 / 1025
2022
Imports
$156MWorld Rnk 18 / 213
Flag Rnk 144 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $1.01B in Hydrogen, making it the 4th largest exporter of Hydrogen in the world. At the same year, Hydrogen was the 14th most exported product in Norway. The main destination of Hydrogen exports from Norway are: Germany ($473M), France ($112M), Netherlands ($101M), United States ($99.7M), and Japan ($81.1M).

The fastest growing export markets for Hydrogen of Norway between 2021 and 2022 were Germany ($230M), France ($74.8M), and United States ($69.6M).

Imports In 2022, Norway imported $156M in Hydrogen, becoming the 18th largest importer of Hydrogen in the world. At the same year, Hydrogen was the 144th most imported product in Norway. Norway imports Hydrogen primarily from: China ($58.6M), Germany ($25.4M), Brazil ($23.8M), Iceland ($13.1M), and Netherlands ($7.97M).

The fastest growing import markets in Hydrogen for Norway between 2021 and 2022 were China ($26.9M), Brazil ($17.4M), and Iceland ($13M).

Latest Trends

Nov 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 (2022)$1.01B
IMPORTS (2022)$156M
NET TRADE (2022)$858M

In 2022, Norway exported $1.01B in Hydrogen. The main destinations of Norway exports on Hydrogen were Germany ($473M), France ($112M), Netherlands ($101M), United States ($99.7M), and Japan ($81.1M).

In 2022, Norway imported $156M in Hydrogen, mainly from China ($58.6M), Germany ($25.4M), Brazil ($23.8M), Iceland ($13.1M), and Netherlands ($7.97M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hydrogen EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Germany$230M (94.6%)
France$74.8M (200%)
United States$69.6M (232%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hydrogen BY Norway WERE (2021 - 2022):
Netherlands-$18M (-15.2%)
China-$3.18M (-12.2%)
Iceland-$2.71M (-92.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Hydrogen were:
In 2022, Norway'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 POTENTIALChina+ $25.2M
TOP IMPORT POTENTIALUnited States+ $4.03M

Hydrogen’s highest export potential is China. With an export gap of $25.2M.   Hydrogen’s highest import potential is United States with an import gap of $4.03M.

See methodology.

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