Hydrogen gas trade by country: top importers, exporters and prices
World trade in hydrogen gas was worth $13.08 billion in 2024, about 5.74 million tonnes. That is an increase of 9% since 2017, and down 8% on 2023.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
World trade by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $13.08B | 5.74M t |
| 2023 | $14.20B | 5.84M t |
| 2022 | $18.43B | 5.40M t |
| 2021 | $13.68B | 6.63M t |
| 2020 | $9.33B | 5.13M t |
| 2019 | $10.11B | 5.99M t |
| 2018 | $12.24B | 5.81M t |
| 2017 | $12.04B | 6.00M t |
Top hydrogen gas exporting countries
China is the largest exporter with 17% of world exports, followed by the United States and Germany. The top three supply 43% between them, out of 159 exporting countries.
| Exporter | Value | Share |
|---|---|---|
| China | $2.25B | 17% |
| United States | $1.84B | 14% |
| Germany | $1.52B | 12% |
| Qatar | $1.03B | 7.9% |
| Algeria | $557.2M | 4.3% |
| France | $548.5M | 4.2% |
| Norway | $497.1M | 3.8% |
| Brazil | $486.3M | 3.7% |
| Malaysia | $413.0M | 3.2% |
| Vietnam | $388.3M | 3% |
| Canada | $366.1M | 2.8% |
| Japan | $328.9M | 2.5% |
Top importing countries and buyer markets
China is the biggest buyer with 12% of world imports, ahead of Japan and Germany. Demand is spread widely: the top three take 31% across 222 importing countries.
| Importer | Value | Share |
|---|---|---|
| China | $1.55B | 12% |
| Japan | $1.31B | 10% |
| Germany | $1.24B | 9.5% |
| United States | $947.1M | 7.2% |
| Vietnam | $922.0M | 7.1% |
| South Korea | $805.4M | 6.2% |
| France | $645.3M | 4.9% |
| Taiwan | $519.5M | 4% |
| India | $433.8M | 3.3% |
| Thailand | $430.6M | 3.3% |
| Malaysia | $398.2M | 3% |
| United Kingdom | $342.6M | 2.6% |
Average price per kg
The world average declared value was about $2.28 per kg in 2024. Among the main exporters, Qatar averaged $84.21 per kg and France $0.89 per kg, so grade and origin matter.
Declared value divided by weight, all 2024 shipments worldwide. Prices per shipment and per company are in EximDataX.
Who is behind these numbers in this market?
Public statistics stop at country totals and the last published year. EximDataX shows the shipment records underneath: the companies, dates, quantities and declared values, updated weekly.
Shipment records are in the platform
Tell us what you trade and we will show you the latest records on a live call.
Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 2804: Hydrogen, rare gases and other non-metals. HS 2804 codes.
Common questions
Which countries export the most hydrogen gas?
China exported $2.25 billion in 2024, 17% of the world total, followed by the United States (14%) and Germany (12%). In all, 159 countries reported exports of this product. The full ranking and map are on this page.
Which countries import the most hydrogen gas?
China imported $1.55 billion in 2024, 12% of world imports, ahead of Japan (10%) and Germany (9%). The top three importers together take 31%. Each country with its own page is linked from the table.
How big is the world trade in hydrogen gas?
It was worth $13.08 billion in 2024, about 5.74 million tonnes. That is an increase of 9% since 2017. The peak year was 2022 at $18.43 billion. 159 countries reported exports and 222 reported imports.
What is the average price of hydrogen gas per kg?
The world average declared value was about $2.28 per kg in 2024. Among the main exporters, Qatar averaged $84.21 per kg and France $0.89 per kg, so grade and origin matter. It is total declared value divided by total weight, so treat it as a benchmark, not a quote.
What is the HS code for hydrogen gas?
The HS code for hydrogen gas is heading 2804, in chapter 28 (inorganic chemicals; organic and inorganic compounds of precious metals; of rare earth metals, of radio-active elements and of isotopes). Customs uses this code worldwide at the six-digit level; national tariffs add more digits. The full list of codes is on the HS 2804 page.
How can I find hydrogen gas buyers and suppliers?
Public statistics stop at country totals. EximDataX shows the importers and exporters behind this trade from shipment-level customs records, updated weekly, with direct customs feeds and mirror data. Tell us your product and we will show you the latest records on a live call.
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