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2022
Exports $34.3MWorld Rnk 38 / 165
Flag Rnk 204 / 1127
2022
Destination $13.5M Japan
2021 - 2022
FASTEST GROWING MARKET $13.5MJapan
2022
PRODUCT COMPLEXITY IN Hydrogen0.11Rnk 521 / 1025
2022
Imports $55.6MWorld Rnk 33 / 213
Flag Rnk 366 / 1201
2022
Origin $15.9M Singapore
2021 - 2022
FASTEST GROWING ORIGIN $15.9MSingapore
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $34.3M in Hydrogen, making it the 38th largest exporter of Hydrogen in the world. At the same year, Hydrogen was the 204th most exported product in Philippines. The main destination of Hydrogen exports from Philippines are: Japan ($18.9M), United States ($5.62M), China ($5.37M), Germany ($1.77M), and Belgium ($690k).

The fastest growing export markets for Hydrogen of Philippines between 2021 and 2022 were Japan ($13.5M), United States ($804k), and Indonesia ($391k).

Imports In 2022, Philippines imported $55.6M in Hydrogen, becoming the 33rd largest importer of Hydrogen in the world. At the same year, Hydrogen was the 366th most imported product in Philippines. Philippines imports Hydrogen primarily from: Singapore ($21M), China ($11.2M), Germany ($6.67M), Japan ($5.26M), and United States ($3.94M).

The fastest growing import markets in Hydrogen for Philippines between 2021 and 2022 were Singapore ($15.9M), Japan ($4.05M), and China ($3.48M).

Latest Trends

August 2024

About

Overview In August 2024 Philippines' Hydrogen exports accounted up to $3.44M and imports accounted up to $1.08M, resulting in a positive trade balance of $2.37M. Between August 2023 and August 2024 the exports of Philippines'   Hydrogen have increased by $369k (12%) from $3.07M to $3.44M, while imports decreased by $-643k (-37.4%) from $1.72M to $1.08M.

Destinations In August 2024, Hydrogen were exported mostly to China ($2.19M), United States ($832k), Japan ($332k), and Brazil ($86.1k), and were imported mostly from China ($685k), Singapore ($169k), India ($91.1k), South Korea ($80k), and United States ($31.5k).

Growth In August 2024, the increase in Hydrogen's year-by-year exports was explained primarily by an increase in exports to United States ($684k or 519%), India ($104k or 122%), and China ($8.17k or 112%). In August 2024, the decrease in Hydrogen's year-by-year imports was explained primarily by a decrease in imports from Germany ($-691k or -99.6%), Italy ($-324 or -83.5%), and United Kingdom ($-106 or -1.32%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$369k(12%)
IMPORT GROWTH (August 2023 - August 2024)$-643k(-37.4%)
MAIN DESTINATION (August 2024)China$2.19M

This section shows Hydrogen's exports and imports data at subnational level for Philippines. 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 (2022)$34.3M
IMPORTS (2022)$55.6M
NET TRADE (2022)-$21.3M

In 2022, Philippines exported $34.3M in Hydrogen. The main destinations of Philippines exports on Hydrogen were Japan ($18.9M), United States ($5.62M), China ($5.37M), Germany ($1.77M), and Belgium ($690k).

In 2022, Philippines imported $55.6M in Hydrogen, mainly from Singapore ($21M), China ($11.2M), Germany ($6.67M), Japan ($5.26M), and United States ($3.94M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hydrogen EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Japan$13.5M (253%)
United States$804k (16.7%)
Indonesia$391k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hydrogen BY Philippines WERE (2021 - 2022):
Brazil-$295k (-33.4%)
India-$193k (-46.3%)
Hong Kong-$161k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Hydrogen were:
China $3.34B
Germany $2.43B
United States $2.35B
In 2022, Philippines'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+ $5.72M
TOP IMPORT POTENTIALChina+ $6.89M

Hydrogen’s highest export potential is China. With an export gap of $5.72M.   Hydrogen’s highest import potential is China with an import gap of $6.89M.

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