Canada leads the global hydrogen export market with 40.49% share, followed by the Netherlands at 31.41%, and Belgium at 7.15%. The US holds a 4.95% share, with Germany and France close behind at 4.37% and 4.35%, respectively. South Africa and Malaysia have notable smaller shares. Year-on-year variations show Canada's share increased by 2.94%, whereas the Netherlands and Belgium saw declines of 3.44% and 3.87%. The US and Germany had modest rises in their shares. Significant positive growth was observed in Poland, South Korea, and China.
Future trends indicate a potential increase in hydrogen exports driven by ongoing investments and innovations in green technologies. Countries like Brazil, Sweden, and Malaysia show promising growth potential. However, geopolitical and economic factors will play a critical role in shaping the global hydrogen export landscape.
Top countries in Export of Hydrogen Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Canada | 40.49 | 2023 | +2.07% | +2.94% | View data |
| 2 | 2 Netherlands | 31.41 | 2023 | -1.08% | -3.44% | View data |
| 3 | 3 Belgium | 7.15 | 2023 | -7.49% | -3.87% | View data |
| 4 | 4 United States | 4.95 | 2023 | -1.13% | +0.41% | View data |
| 5 | 5 Germany | 4.37 | 2023 | +0.24% | +0.24% | View data |
| 6 | 6 France | 4.35 | 2023 | +1.38% | +1.01% | View data |
| 7 | 7 South Africa | 2.38 | 2023 | +6.62% | +0.71% | View data |
| 8 | 8 Malaysia | 1.35 | 2023 | +6.37% | +1.28% | View data |
| 9 | 9 Slovakia | 1.05 | 2023 | +0.97% | -0.62% | View data |
| 10 | 10 Singapore | 0.74 | 2023 | +1.25% | +1.34% | View data |
