2022
Exports
$34.3MWorld Rnk 38 / 165
Flag Rnk 204 / 1127
2022
PRODUCT COMPLEXITY IN Hydrogen
0.11Rnk 521 / 1025
2022
Imports
$55.6MWorld Rnk 33 / 213
Flag Rnk 366 / 1201
2022
ECONOMIC COMPLEXITY of Philippines
0.71Rnk 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

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$1.54M(107%)
IMPORT GROWTH (June 2023 - June 2024)$-2.07M(-90.1%)
MAIN DESTINATION (June 2024)Germany$1.99M

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%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Hydrogen were:
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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