2023
Exports
$88.2MWorld Rnk 22 / 165
Flag Rnk 181 / 1200
2023
PRODUCT COMPLEXITY IN Hydrogen
-0.073Rnk 582 / 1025
2023
Imports
$34.1MWorld Rnk 40 / 217
Flag Rnk 551 / 1186
2023
ECONOMIC COMPLEXITY of Russia
0.3Rnk 50 / 132

About

Exports In 2023, Russia exported $88.2M in Hydrogen, making it the 22nd largest exporter of Hydrogen in the world. At the same year, Hydrogen was the 181st most exported product in Russia. The main destination of Hydrogen exports from Russia are: China ($34.6M), Kazakhstan ($9.58M), Germany ($5.88M), Romania ($4.8M), and Malaysia ($4.06M).

The fastest growing export markets for Hydrogen of Russia between 2022 and 2023 were Romania ($4.8M), Malaysia ($4.06M), and Austria ($3.7M).

Imports In 2023, Russia imported $34.1M in Hydrogen, becoming the 40th largest importer of Hydrogen in the world. At the same year, Hydrogen was the 551st most imported product in Russia. Russia imports Hydrogen primarily from: China ($30.4M), Poland ($1.51M), Kazakhstan ($1.4M), Hong Kong ($408k), and Kyrgyzstan ($181k).

The fastest growing import markets in Hydrogen for Russia between 2022 and 2023 were China ($4.69M), Hong Kong ($408k), and Morocco ($33.3k).

Latest Trends

Dec 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 (2023)$88.2M
IMPORTS (2023)$34.1M
NET TRADE (2023)$54.1M

In 2023, Russia exported $88.2M in Hydrogen. The main destinations of Russia exports on Hydrogen were China ($34.6M), Kazakhstan ($9.58M), Germany ($5.88M), Romania ($4.8M), and Malaysia ($4.06M).

In 2023, Russia imported $34.1M in Hydrogen, mainly from China ($30.4M), Poland ($1.51M), Kazakhstan ($1.4M), Hong Kong ($408k), and Kyrgyzstan ($181k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Hydrogen EXPORT MARKETS FOR Russia WERE (2022 - 2023):
Romania$4.8M (1%)
Malaysia$4.06M (1%)
Austria$3.7M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hydrogen BY Russia WERE (2022 - 2023):
South Korea-$84.8M (-100%)
India-$14.4M (-95.2%)
China-$13.6M (-28.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Russia's main exporting competitors in Hydrogen were:
In 2023, Russia'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+ $45.1M
TOP IMPORT POTENTIALChina+ $14.6M

Hydrogen’s highest export potential is China. With an export gap of $45.1M.   Hydrogen’s highest import potential is China with an import gap of $14.6M.

See methodology.

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