2023
Exports
$1.05MWorld Rnk 83 / 165
Flag Rnk 224 / 902
2023
PRODUCT COMPLEXITY IN Hydrogen
-0.073Rnk 582 / 1025
2023
Imports
$890kWorld Rnk 125 / 217
Flag Rnk 651 / 1152
2023
ECONOMIC COMPLEXITY of Uruguay
0.22Rnk 52 / 132

About

Exports In 2023, Uruguay exported $1.05M in Hydrogen, making it the 83rd largest exporter of Hydrogen in the world. At the same year, Hydrogen was the 224th most exported product in Uruguay. The main destination of Hydrogen exports from Uruguay are: Argentina ($988k), Paraguay ($34.3k), Brazil ($27.9k), Germany ($2k), and Peru ($397).

The fastest growing export markets for Hydrogen of Uruguay between 2022 and 2023 were Argentina ($325k), Brazil ($27.9k), and Paraguay ($21.5k).

Imports In 2023, Uruguay imported $890k in Hydrogen, becoming the 125th largest importer of Hydrogen in the world. At the same year, Hydrogen was the 651st most imported product in Uruguay. Uruguay imports Hydrogen primarily from: Argentina ($240k), Brazil ($168k), United States ($161k), Mexico ($123k), and Algeria ($77k).

The fastest growing import markets in Hydrogen for Uruguay between 2022 and 2023 were Mexico ($102k), Algeria ($77k), and Argentina ($47.3k).

Latest Trends

Jan 2025

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)$1.05M
IMPORTS (2023)$890k
NET TRADE (2023)$162k

In 2023, Uruguay exported $1.05M in Hydrogen. The main destinations of Uruguay exports on Hydrogen were Argentina ($988k), Paraguay ($34.3k), Brazil ($27.9k), Germany ($2k), and Peru ($397).

In 2023, Uruguay imported $890k in Hydrogen, mainly from Argentina ($240k), Brazil ($168k), United States ($161k), Mexico ($123k), and Algeria ($77k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Hydrogen EXPORT MARKETS FOR Uruguay WERE (2022 - 2023):
Argentina$325k (49%)
Brazil$27.9k (1%)
Paraguay$21.5k (168%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hydrogen BY Uruguay WERE (2022 - 2023):United States-$7.47k (-99.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Uruguay's main exporting competitors in Hydrogen were:
In 2023, Uruguay'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 POTENTIALArgentina+ $30.8k
TOP IMPORT POTENTIALBrazil+ $319k

Hydrogen’s highest export potential is Argentina. With an export gap of $30.8k.   Hydrogen’s highest import potential is Brazil with an import gap of $319k.

See methodology.

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