In 2023, the global hydrogen export market was led by Canada, the Netherlands, and Belgium, holding significant shares. Canada showed a positive growth trend with a 2.94% increase, while the Netherlands and Belgium saw yearly declines of 3.44% and 3.87%, respectively. Emerging exporters like China and South Korea witnessed notable gains, highlighting their growing influence. However, established players like the United Kingdom experienced a significant drop of 28.8%, showcasing shifting dynamics in export capabilities.
Future trends to watch include:
- Emergence of Asian markets like China and South Korea as key exporters.
- Technological advancements driving potential shifts in export leaders.
- Environmental policies influencing hydrogen production and export strategies.
- The potential impact of geopolitical factors on traditional exporter rankings.
Top countries in Export of Hydrogen by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Canada | 63,217,000 | 2023 | +2.07% | +2.94% | View data |
| 2 | 2 Netherlands | 49,044,000 | 2023 | -1.08% | -3.44% | View data |
| 3 | 3 Belgium | 11,158,000 | 2023 | -7.49% | -3.87% | View data |
| 4 | 4 United States | 7,722,800 | 2023 | -1.13% | +0.41% | View data |
| 5 | 5 Germany | 6,824,100 | 2023 | +0.24% | +0.24% | View data |
| 6 | 6 France | 6,785,200 | 2023 | +1.38% | +1.01% | View data |
| 7 | 7 South Africa | 3,710,700 | 2023 | +6.62% | +0.71% | View data |
| 8 | 8 Malaysia | 2,107,500 | 2023 | +6.37% | +1.28% | View data |
| 9 | 9 Slovakia | 1,647,100 | 2023 | +0.97% | -0.62% | View data |
| 10 | 10 Singapore | 1,157,500 | 2023 | +1.25% | +1.34% | View data |
