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Visualized: Global Hydrogen Imports and Exports – Who Are the Leaders?


These translations are done via Google Translate

Business, Hydrogen

by Aaron Foyer

Courtesy of ENERGYminute  

See more articles and infographics from ENERGYminute HERE

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As of 2019, hydrogen is one of the most imported/exported products globally with trades totaling nearly $10 billion.

  • By 2050, the International Renewable Energy Agency (IRENA) estimates hydrogen to cover 12% of global energy use by 2050. Cross-border trade could account for 30% of the total hydrogen market.
  • According to the IEA, hydrogen has to grow 140% by 2030 to reach net zero.
  • Future uses of hydrogen include buildings, power, ammonia, and transportation.

Current uses:

  • Refineries consume 45% of global hydrogen production
  • ~35% of hydrogen is used for to make ammonia
  • Methanol production uses roughly 15% of hydrogen around the world

Sources:

https://oec.world/en/profile/hs92/hydrogen

https://www.irena.org/newsroom/pressreleases/2022/Jan/Hydrogen-Economy-Hints-at-New-Global-Power-Dynamics



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