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280410 (Harmonized System 1992 for 6-digit)

2022
World Trade $321MRnk 3353 / 4648
2022
Top Exporter | Top Importer $168M | $166MBelgium | Netherlands
2022
Product Complexity 0.97Rnk 819 / 4653
2021 - 2022
Export Growth (CAGR) 57.8%Rnk 138 / 4648
2022
Share of World Trade 0.0014%Rnk 3353 / 4648

About

Overview This page contains the latest trade data of Hydrogen. In 2022, Hydrogen were the world's 3353rd most traded product, with a total trade of $321M. Between 2021 and 2022 the exports of Hydrogen grew by 57.8%, from $203M to $321M. Trade in Hydrogen represent 0.0014% of total world trade.

Hydrogen are a part of Hydrogen.

Exports In 2022 the top exporters of Hydrogen  were Belgium ($168M), Canada ($54.3M), Netherlands ($20.1M), United States ($15.1M), and Chinese Taipei ($14.4M).

Imports In 2022 the top importers of Hydrogen were Netherlands ($166M), United States ($54M), Singapore ($19.6M), Germany ($7.67M), and France ($7.36M).

Ranking Hydrogen ranks 819th in the Product Complexity Index (PCI).

Description Hydrogen is mainly produced by steam reforming of natural gas, and is then used to produce ammonia for fertilizer and chemicals, hydrogenation of oils to make partially hydrogenated oils, and to manufacture semiconductors, polymers, pharmaceuticals, and plastics.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Hydrogen. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)Belgium$168M
Top Destination (2022)Netherlands$166M

In 2022 Hydrogen were the world's 3353rd most traded product (out of 4,648).

In 2022, the top exporters of Hydrogen were Belgium ($168M), Canada ($54.3M), Netherlands ($20.1M), United States ($15.1M), and Chinese Taipei ($14.4M).

In 2022, the top importers of Hydrogen were Netherlands ($166M), United States ($54M), Singapore ($19.6M), Germany ($7.67M), and France ($7.36M).

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Exporters of Hydrogen (2022)
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Importers of Hydrogen (2022)
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Market Dynamics

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Top Origin Growth (2021 -  2022)Belgium$108M
Top Destination Growth (2021 -  2022)Netherlands$107M

Between 2021 and 2022, the exports of Hydrogen grew the fastest in Belgium ($108M), Germany ($3.65M), Poland ($2.5M), United Kingdom ($2.08M), and United Arab Emirates ($1.84M).

Between 2021 and 2022, the fastest growing importers of Hydrogen were Netherlands ($107M), Ireland ($2.95M), Czechia ($2.94M), Canada ($2.8M), and Germany ($1.97M).

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Exporters of Hydrogen (2021 - 2022)

Importers of Hydrogen (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Hydrogen.

In 2022, market concentration measured using Shannon Entropy, was 2.59. This means that most of the exports of Hydrogen are explained by 6 countries.

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Value of Exports in Hydrogen

Net Trade

TOP NET EXPORTER (2022)Belgium$162M
TOP NET IMPORTER (2022)Netherlands$146M

This map shows which countries export or import more of Hydrogen. Each country is colored based on the difference in exports and imports of Hydrogen during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Hydrogen were Belgium ($162M), Canada ($47.1M), Chinese Taipei ($14M), Germany ($3.27M), and Poland ($3.26M).

In 2022, the countries that had a largest trade value in imports than in exports of Hydrogen were Netherlands ($146M), United States ($38.9M), Singapore ($17.7M), Ireland ($4.98M), and Mexico ($4.48M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Hydrogen.
It is possible to select the main countries that export or import Hydrogen in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Hydrogen by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

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