HS4 subsector intelligence

Hydrogen
HS4 2804 trade overview

A focused view of this HS4 subsector: market scale, momentum, leading routes, countries, and the HS6 classifications inside it.

HS4 28041995-2024 coverageStable
The numbers at a glanceLatest reported year · 2024
01

Latest trade

$13.1BGlobal subsector value
02

Annual change

-0.5%Latest year on year
03

Exporters

163Active reporting countries
04

Importers

199Active reporting countries
05

HS6 products

11Classifications inside HS4

The subsector read

$13.1B in trade, with +0.9% annualized growth over three years.

Hydrogen is recorded across 4,039 active corridors, with 163 exporters and 199 importers.

Annual trend

Subsector momentum over time

Reported global trade from 1995 to 2024. Read the methodology ↗

Annual subsector tradeReported global trade from 1995 to 2024.1995: $2.0B1996: $2.2B1997: $2.4B1998: $2.2B1999: $2.3B2000: $2.6B2001: $2.5B2002: $2.7B2003: $3.2B2004: $4.2B2005: $5.2B2006: $6.4B2007: $9.0B2008: $14.8B2009: $10.4B2010: $13.8B2011: $16.5B2012: $12.4B2013: $11.0B2014: $13.2B2015: $11.9B2016: $11.2B2017: $11.7B2018: $11.5B2019: $9.4B2020: $8.7B2021: $12.7B2022: $17.4B2023: $13.3B2024: $13.1B
Reported global trade by year.

Top trade corridors

Where the subsector moves

Leading exporter-to-importer relationships by latest reported value. See data sources ↗

Latest reported relationshipsTop 10 by trade value
RankExporterImporterTrade valueGrowthHS6DistanceFTA
1GermanyDEUChinaCHN$527.0M-19.4%108,415 kmNo
2USA, Puerto Rico and US Virgin IslandsUSAJapanJPN$479.9M+0.1%810,872 kmNo
3USA, Puerto Rico and US Virgin IslandsUSAViet NamVNM$434.4M+69%714,306 kmNo
4ChinaCHNThailandTHA$342.0M+16.1%102,887 kmYes
5AlgeriaDZAFranceFRA$310.8M+89.6%21,345 kmYes
6CanadaCANUSA, Puerto Rico and US Virgin IslandsUSA$306.3M+21.8%9556 kmYes
7GermanyDEUViet NamVNM$290.7M+235%79,287 kmYes
8ChinaCHNJapanJPN$272.9M-25.5%101,763 kmNo
9NorwayNORGermanyDEU$256.4M+1.6%5839 kmYes
10QatarQATChinaCHN$226.1M+29.5%16,790 kmNo

Market structure

Where supply and demand concentrate

Exporter and importer rankings show the two sides of the subsector separately. Check coverage ↗

Top exporters2024 ranking
RankCountryExportsPartnersHS6
1ChinaCHN$2.2B16611
2USA, Puerto Rico and US Virgin IslandsUSA$1.9B16011
3GermanyDEU$1.5B12411
4QatarQAT$1.3B659
5FranceFRA$562.1M12911
6AlgeriaDZA$492.8M4511
7NorwayNOR$485.7M5811
8BrazilBRA$474.4M6611
9Viet NamVNM$468.5M3911
10CanadaCAN$371.0M6011
Top importers2024 ranking
RankCountryImportsPartnersHS6
1ChinaCHN$1.4B5711
2JapanJPN$1.3B4011
3GermanyDEU$1.2B6811
4USA, Puerto Rico and US Virgin IslandsUSA$1.1B7511
5Viet NamVNM$930.9M2911
6FranceFRA$756.4M7511
7Republic of KoreaKOR$752.0M3811
8TaiwanTWN$451.7M3511
9IndiaIND$433.8M4411
10ThailandTHA$395.8M3711

HS6 product coverage

The products inside HS4 2804

Six-digit classifications make the subsector specific. Browse the product workspace ↗

11 classifications shownHydrogen
01
HydrogenHS6 280410
02
Gases, rare: argonHS6 280421
03
Gases, rare: other than argonHS6 280429
04
NitrogenHS6 280430
05
OxygenHS6 280440
06
Boron: telluriumHS6 280450
07
Silicon: containing by weight not less than 99.99% of siliconHS6 280461
08
Silicon: containing by weight less than 99.99% of siliconHS6 280469
09
PhosphorusHS6 280470
10
ArsenicHS6 280480
11
SeleniumHS6 280490

Definitions and coverage

Read the numbers with context

Reported observations and calculated indicators should be read with their coverage period. Responsible AI principles ↗

01

Reported values

Trade values describe reported merchandise trade for the HS4 classification, not company-level sales or shipment records.

02

Calculated indicators

Growth, concentration, volatility, and peak comparisons are calculated from reported observations.

03

Missing data

Unavailable observations remain unavailable. They are not filled, interpolated, or presented as forecasts.

Coverage: 1995-2024 · Data refreshed 2026-07-20 09:34:09

Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-27). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.