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2023
Exports $363MWorld Rnk 5 / 64
Flag Rnk 439 / 1217
2023
Destination $37.7M Canada
2022 - 2023
FASTEST GROWING MARKET $37.7MCanada
2023
PRODUCT COMPLEXITY IN Nickel Ore-1.64Rnk 964 / 1025
2023
Imports $153kWorld Rnk 33 / 78
Flag Rnk 1209 / 1215
2023
Origin $103k Brazil
2022 - 2023
FASTEST GROWING ORIGIN $103kBrazil
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $363M in Nickel Ore, making it the 5th largest exporter of Nickel Ore in the world. At the same year, Nickel Ore was the 439th most exported product in United States. The main destination of Nickel Ore exports from United States are: Canada ($362M), Brazil ($251k), Netherlands ($221k), Curaçao ($165k), and Belgium ($103k).

The fastest growing export markets for Nickel Ore of United States between 2022 and 2023 were Canada ($37.7M), Netherlands ($185k), and Curaçao ($112k).

Imports In 2023, United States imported $153k in Nickel Ore, becoming the 33rd largest importer of Nickel Ore in the world. At the same year, Nickel Ore was the 1209th most imported product in United States. United States imports Nickel Ore primarily from: Brazil ($103k), Sweden ($16.7k), Mexico ($11.6k), Chinese Taipei ($8.16k), and Norway ($7.49k).

The fastest growing import markets in Nickel Ore for United States between 2022 and 2023 were Brazil ($103k), Sweden ($16.7k), and Mexico ($11.6k).

Latest Trends

November 2024

About

Overview In November 2024 United States' Nickel Ore exports accounted up to $8.34M and imports accounted up to $185k, resulting in a positive trade balance of $8.15M. Between November 2023 and November 2024 the exports of United States'   Nickel Ore have decreased by $-14.6M (-63.7%) from $23M to $8.34M, while imports increased by $185k (N/A%) from $0 to $185k.

Destinations In November 2024, Nickel Ore were exported mostly to Canada ($6.86M), Thailand ($1.2M), Belgium ($155k), Netherlands ($48.1k), and Australia ($29.1k), and were imported mostly from Italy ($181k), China ($4.62k), Turkey ($0), Austria ($0), and Germany ($0).

Growth In November 2024, the decrease in Nickel Ore's year-by-year exports was explained primarily by a decrease in exports to Brazil ($-201k or -72.9%). In November 2024, the increase in Nickel Ore's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$-14.6M(-63.7%)
IMPORT GROWTH (November 2023 - November 2024)$185k(N/A%)
MAIN EXPORTER (November 2024)Michigan$17.8M
MAIN DESTINATION (November 2024)Canada$6.86M

This section shows Nickel Ore's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Nickel Ore over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$363M
IMPORTS (2023)$153k
NET TRADE (2023)$362M

In 2023, United States exported $363M in Nickel Ore. The main destinations of United States exports on Nickel Ore were Canada ($362M), Brazil ($251k), Netherlands ($221k), Curaçao ($165k), and Belgium ($103k).

In 2023, United States imported $153k in Nickel Ore, mainly from Brazil ($103k), Sweden ($16.7k), Mexico ($11.6k), Chinese Taipei ($8.16k), and Norway ($7.49k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Nickel Ore EXPORT MARKETS FOR United States WERE (2022 - 2023):
Canada$37.7M (11.6%)
Netherlands$185k (524%)
Curaçao$112k (213%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nickel Ore BY United States WERE (2022 - 2023):
Brazil-$1.44M (-85.2%)
United Arab Emirates-$244k (-97.4%)
Finland-$63.1k (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Nickel Ore were:
Philippines $2.01B
New Caledonia $408M
Australia $398M
In 2023, United States's main importing competitors in Nickel Ore were:
China $3.3B
Canada $889M
Finland $232M

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Trade Value of Nickel Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBrazil+ $319k
TOP IMPORT POTENTIALCanada+ $30.2k

Nickel Ore’s highest export potential is Brazil. With an export gap of $319k.   Nickel Ore’s highest import potential is Canada with an import gap of $30.2k.

See methodology.

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