2022
Exports
$2.35BWorld Rnk 3 / 165
Flag Rnk 134 / 1217
2022
PRODUCT COMPLEXITY IN Hydrogen
0.11Rnk 521 / 1025
2022
Imports
$1.18BWorld Rnk 5 / 213
Flag Rnk 363 / 1216
2022
ECONOMIC COMPLEXITY of United States
1.47Rnk 10 / 133

About

Exports In 2022, United States exported $2.35B in Hydrogen, making it the 3rd largest exporter of Hydrogen in the world. At the same year, Hydrogen was the 134th most exported product in United States. The main destination of Hydrogen exports from United States are: Japan ($554M), Vietnam ($477M), South Korea ($197M), Germany ($192M), and China ($154M).

The fastest growing export markets for Hydrogen of United States between 2021 and 2022 were Vietnam ($368M), Japan ($48.6M), and Germany ($42.7M).

Imports In 2022, United States imported $1.18B in Hydrogen, becoming the 5th largest importer of Hydrogen in the world. At the same year, Hydrogen was the 363rd most imported product in United States. United States imports Hydrogen primarily from: Brazil ($326M), Canada ($309M), Norway ($99.7M), Chinese Taipei ($88.5M), and Germany ($81.3M).

The fastest growing import markets in Hydrogen for United States between 2021 and 2022 were Brazil ($157M), Canada ($139M), and Norway ($69.6M).

COMPANIES In 2023, leading companies such as Disney Cruise Line (72), Celebrity Cruises (37), and CrimsonLogic (29) were at the forefront of shipping Hydrogen to the United States.

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$-912k(-0.58%)
IMPORT GROWTH (August 2023 - August 2024)$-18.5M(-21.4%)
MAIN EXPORTER (August 2024)Michigan$85.7M
MAIN DESTINATION (August 2024)Japan$52.2M

This section shows Hydrogen's exports and imports data at subnational level for United States. 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)$2.35B
IMPORTS (2022)$1.18B
NET TRADE (2022)$1.17B

In 2022, United States exported $2.35B in Hydrogen. The main destinations of United States exports on Hydrogen were Japan ($554M), Vietnam ($477M), South Korea ($197M), Germany ($192M), and China ($154M).

In 2022, United States imported $1.18B in Hydrogen, mainly from Brazil ($326M), Canada ($309M), Norway ($99.7M), Chinese Taipei ($88.5M), and Germany ($81.3M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hydrogen EXPORT MARKETS FOR United States WERE (2021 - 2022):
Vietnam$368M (338%)
Japan$48.6M (9.61%)
Germany$42.7M (28.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hydrogen BY United States WERE (2021 - 2022):
Norway-$12.8M (-63.9%)
South Korea-$10.9M (-5.26%)
Russia-$4.7M (-91.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Hydrogen were:
China $3.34B
Germany $2.43B
In 2022, United States's main importing competitors in Hydrogen were:
China $3.46B
Japan $1.98B
Germany $1.73B

Explore Visualizations

Trade Value of Hydrogen by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $71.4M
TOP IMPORT POTENTIALChina+ $48.3M

Hydrogen’s highest export potential is China. With an export gap of $71.4M.   Hydrogen’s highest import potential is China with an import gap of $48.3M.

See methodology.

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