2022
Exports
$29.1MWorld Rnk 41 / 165
Flag Rnk 368 / 1216
2022
PRODUCT COMPLEXITY IN Hydrogen
0.11Rnk 521 / 1025
2022
Imports
$18.6MWorld Rnk 52 / 213
Flag Rnk 586 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $29.1M in Hydrogen, making it the 41st largest exporter of Hydrogen in the world. At the same year, Hydrogen was the 368th most exported product in Portugal. The main destination of Hydrogen exports from Portugal are: Spain ($16.3M), United Kingdom ($5.24M), Australia ($1.89M), France ($1.56M), and Angola ($1.13M).

The fastest growing export markets for Hydrogen of Portugal between 2021 and 2022 were Spain ($1.71M), Australia ($1.7M), and France ($404k).

Imports In 2018, Portugal imported $18.6M in Hydrogen, becoming the 52nd largest importer of Hydrogen in the world. At the same year, Hydrogen was the 586th most imported product in Portugal. Portugal imports Hydrogen primarily from: Spain ($16.6M), Netherlands ($489k), Finland ($311k), Germany ($232k), and France ($225k).

The fastest growing import markets in Hydrogen for Portugal between 2021 and 2022 were France ($194k), Germany ($128k), and United States ($73.4k).

Latest Trends

Aug 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)$29.1M
IMPORTS (2022)$18.6M
NET TRADE (2022)$10.5M

In 2022, Portugal exported $29.1M in Hydrogen. The main destinations of Portugal exports on Hydrogen were Spain ($16.3M), United Kingdom ($5.24M), Australia ($1.89M), France ($1.56M), and Angola ($1.13M).

In 2022, Portugal imported $18.6M in Hydrogen, mainly from Spain ($16.6M), Netherlands ($489k), Finland ($311k), Germany ($232k), and France ($225k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hydrogen EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Spain$1.71M (11.7%)
Australia$1.7M (877%)
France$404k (35%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hydrogen BY Portugal WERE (2021 - 2022):
United States-$5.55M (-84.3%)
United Kingdom-$2.68M (-33.8%)
Angola-$749k (-39.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Portugal's main exporting competitors in Hydrogen were:
In 2022, Portugal'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 POTENTIALUnited States+ $1.33M
TOP IMPORT POTENTIALGermany+ $441k

Hydrogen’s highest export potential is United States. With an export gap of $1.33M.   Hydrogen’s highest import potential is Germany with an import gap of $441k.

See methodology.

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