2023
Exports
$55.3MWorld Rnk 13 / 99
Flag Rnk 568 / 1212
2023
PRODUCT COMPLEXITY IN Nickel Bars
1.34Rnk 72 / 1025
2023
Imports
$214MWorld Rnk 8 / 169
Flag Rnk 304 / 1208
2023
ECONOMIC COMPLEXITY of India
0.65Rnk 39 / 132

About

Exports In 2023, India exported $55.3M in Nickel Bars, making it the 13th largest exporter of Nickel Bars in the world. At the same year, Nickel Bars was the 568th most exported product in India. The main destination of Nickel Bars exports from India are: Mexico ($8.85M), United States ($6.25M), Saudi Arabia ($4.41M), Turkey ($4.16M), and Brazil ($3.82M).

The fastest growing export markets for Nickel Bars of India between 2022 and 2023 were Mexico ($2.44M), Germany ($2.02M), and Italy ($1.41M).

Imports In 2023, India imported $214M in Nickel Bars, becoming the 8th largest importer of Nickel Bars in the world. At the same year, Nickel Bars was the 304th most imported product in India. India imports Nickel Bars primarily from: China ($79.7M), United States ($22.2M), United Kingdom ($16.8M), Sweden ($14.6M), and Germany ($13.9M).

The fastest growing import markets in Nickel Bars for India between 2022 and 2023 were China ($34.7M), United States ($8.79M), and France ($7.47M).

Latest Trends

Dec 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 Nickel Bars. 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 (2023)$55.3M
IMPORTS (2023)$214M
NET TRADE (2023)-$158M

In 2023, India exported $55.3M in Nickel Bars. The main destinations of India exports on Nickel Bars were Mexico ($8.85M), United States ($6.25M), Saudi Arabia ($4.41M), Turkey ($4.16M), and Brazil ($3.82M).

In 2023, India imported $214M in Nickel Bars, mainly from China ($79.7M), United States ($22.2M), United Kingdom ($16.8M), Sweden ($14.6M), and Germany ($13.9M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Nickel Bars EXPORT MARKETS FOR India WERE (2022 - 2023):
Mexico$2.44M (38%)
Germany$2.02M (156%)
Italy$1.41M (252%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nickel Bars BY India WERE (2022 - 2023):
Belgium-$1.23M (-83.4%)
Thailand-$1.08M (-53.6%)
Turkey-$484k (-10.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, India's main exporting competitors in Nickel Bars were:
In 2023, India's main importing competitors in Nickel Bars were:

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Trade Value of Nickel Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $5.25M
TOP IMPORT POTENTIALUnited States+ $7.18M

Nickel Bars’s highest export potential is United States. With an export gap of $5.25M.   Nickel Bars’s highest import potential is United States with an import gap of $7.18M.

See methodology.

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