2022
Exports
$104MWorld Rnk 24 / 165
Flag Rnk 204 / 1214
2022
PRODUCT COMPLEXITY IN Hydrogen
0.11Rnk 521 / 1025
2022
Imports
$59.1MWorld Rnk 32 / 213
Flag Rnk 356 / 1214
2022
ECONOMIC COMPLEXITY of Denmark
1.01Rnk 27 / 133

About

Exports In 2022, Denmark exported $104M in Hydrogen, making it the 24th largest exporter of Hydrogen in the world. At the same year, Hydrogen was the 204th most exported product in Denmark. The main destination of Hydrogen exports from Denmark are: China ($26.2M), Italy ($23M), Japan ($19.5M), Chinese Taipei ($10.2M), and Germany ($7M).

The fastest growing export markets for Hydrogen of Denmark between 2021 and 2022 were Italy ($21.3M), China ($21.3M), and Japan ($2.53M).

Imports In 2022, Denmark imported $59.1M in Hydrogen, becoming the 32nd largest importer of Hydrogen in the world. At the same year, Hydrogen was the 356th most imported product in Denmark. Denmark imports Hydrogen primarily from: Germany ($11.8M), United States ($11.8M), Kazakhstan ($10.9M), Sweden ($5.29M), and Norway ($4.75M).

The fastest growing import markets in Hydrogen for Denmark between 2021 and 2022 were Germany ($4.46M), Qatar ($2.32M), and United States ($1.73M).

Latest Trends

Jul 2024

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 (2022)$104M
IMPORTS (2022)$59.1M
NET TRADE (2022)$44.8M

In 2022, Denmark exported $104M in Hydrogen. The main destinations of Denmark exports on Hydrogen were China ($26.2M), Italy ($23M), Japan ($19.5M), Chinese Taipei ($10.2M), and Germany ($7M).

In 2022, Denmark imported $59.1M in Hydrogen, mainly from Germany ($11.8M), United States ($11.8M), Kazakhstan ($10.9M), Sweden ($5.29M), and Norway ($4.75M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hydrogen EXPORT MARKETS FOR Denmark WERE (2021 - 2022):
Italy$21.3M (1.28k%)
China$21.3M (434%)
Japan$2.53M (14.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hydrogen BY Denmark WERE (2021 - 2022):
Czechia-$1.24M (-39.2%)
United States-$1.08M (-64.1%)
Spain-$490k (-70%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Denmark's main exporting competitors in Hydrogen were:
In 2022, Denmark's main importing competitors in Hydrogen were:
China $3.46B
Japan $1.98B
Germany $1.73B

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Trade Value of Hydrogen by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $6.4M
TOP IMPORT POTENTIALGermany+ $6.39M

Hydrogen’s highest export potential is Germany. With an export gap of $6.4M.   Hydrogen’s highest import potential is Germany with an import gap of $6.39M.

See methodology.

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