HS Icon Nickel Powder in  Flag United States

2019
Exports | Imports
: $71.9M | $130M, World Rnk 7 / 59
Flag Rnk 777 / 1217 | World Rnk 4 / 119
Flag Rnk 779 / 1215

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $1.26M | $3.43M, Sweden |  South Africa

2019
ECONOMIC COMPLEXITY of United States
: 1.59, Rnk 9 / 147

2019
PRODUCT COMPLEXITY  IN Nickel Powder
: -0.22, Rnk 621 / 1029

Exports: In 2019, United States exported $71.9M in Nickel Powder, making it the 7th largest exporter of Nickel Powder in the world. At the same year, Nickel Powder was the 777th most exported product in United States. The main destination of Nickel Powder exports from United States are: Germany ($16.7M), Singapore ($7.94M), China ($7.29M), Canada ($6.34M), and Japan ($5.36M).

The fastest growing export markets for Nickel Powder of United States between 2018 and 2019 were Sweden ($1.26M), Japan ($1.14M), and France ($1.01M).

Imports: In 2019, United States imported $130M in Nickel Powder, becoming the 4th largest importer of Nickel Powder in the world. At the same year, Nickel Powder was the 779th most imported product in United States. United States imports Nickel Powder primarily from: Canada ($77.5M), United Kingdom ($12.9M), Finland ($10.4M), South Africa ($6.59M), and Australia ($4.74M).

The fastest growing import markets in Nickel Powder for United States between 2018 and 2019 were South Africa ($3.43M), Russia ($2.82M), and Finland ($2.32M).

Latest Trends (May 2021)

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Overview: In May 2021 United States' Nickel Powder exports accounted up to $6.38M and imports accounted up to $17.5M, resulting in a negative trade balance of $11.1M. Between May 2020 and May 2021 the exports of United States'   Nickel Powder have decreased by $-686k (-9.7%) from $7.07M to $6.38M, while imports increased by $12.3M (234%) from $5.25M to $17.5M.

Destinations: In May 2021, Nickel Powder were exported mostly to Mexico ($1.45M), Germany ($1.36M), Singapore ($751k), China ($428k), and Japan ($340k), and were imported mostly from Canada ($15.1M), United Kingdom ($764k), Germany ($761k), South Africa ($358k), and Russia ($315k).

Growth: In May 2021, the decrease in Nickel Powder's year-by-year exports was explained primarily by a decrease in exports to China ($-715k or -62.6%), Germany ($-486k or -26.3%), and South Korea ($-210k or -39.2%). In May 2021, the increase in Nickel Powder's year-by-year imports was explained primarily by an increase in imports from Canada ($12M or 382%), United Kingdom ($424k or 124%), and Germany ($196k or 34.6%).

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (May 2020 - May 2021): $-686k, (-9.7%)

IMPORT GROWTH (May 2020 - May 2021): $12.3M, (234%)

MAIN EXPORTER (May 2021): New York, $1.3M

MAIN DESTINATION (May 2021): Mexico, $1.45M

This section shows Nickel Powder'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 Powder over time.

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Historical Data

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Value

EXPORTS (2019): $71.9M

IMPORTS (2019): $130M

NET TRADE (2019): -$58.5M

In 2019, United States exported $71.9M in Nickel Powder. The main destinations of United States exports on Nickel Powder were Germany ($16.7M), Singapore ($7.94M), China ($7.29M), Canada ($6.34M), and Japan ($5.36M).

In 2019, United States imported $130M in Nickel Powder, mainly from Canada ($77.5M), United Kingdom ($12.9M), Finland ($10.4M), South Africa ($6.59M), and Australia ($4.74M).

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IN 2019, United States HAD A POSITIVE NET TRADE IN Nickel Powder WITH:

IN 2019, United States HAD A NEGATIVE NET TRADE IN Nickel Powder WITH:

Flow

THE FASTEST GROWING Nickel Powder EXPORT MARKETS FOR United States WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nickel Powder BY United States WERE (2018 - 2019):

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Market Concentration

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Flow
Type

In 2018, United States's main exporting competitors in Nickel Powder were:

In 2018, United States's main importing competitors in Nickel Powder were:

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Tariffs by Country

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In 2017, the tariffs for Nickel Powder in the imports of United States were of 0% around the world.