Nickel Powder in United States

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

2019
Destination | Origin
: $16.7M | $77.5M, Germany | Canada

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

2019
ECONOMIC COMPLEXITY of United States
: 1.64, Rnk 9 / 157

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).

Overview: In January 2021 United States' Nickel Powder exports accounted up to $5.68M and imports accounted up to $8.42M, resulting in a negative trade balance of $2.74M. Between January 2020 and January 2021 the exports of United States'   Nickel Powder have decreased by $-220k (-3.72%) from $5.9M to $5.68M, while imports decreased by $-385k (-4.37%) from $8.8M to $8.42M.

Destinations: In January 2021 Nickel Powder exported mostly to Germany ($1.28M), China ($766k), Singapore ($725k), United Kingdom ($631k), and South Korea ($417k), and imported mostly from Canada ($6M), United Kingdom ($860k), Australia ($581k), South Africa ($316k), and Germany ($253k).

Growth: In January 2021, the decrease in Nickel Powder's year-by-year exports was explained primarily by a decrease in exports to France ($-331k or -96.1%), Japan ($-282k or -64.3%), and Thailand ($-215k or -97.3%). In January 2021, the decrease in Nickel Powder's year-by-year imports was explained primarily by a decrease in imports from Finland ($-870k or -79.2%), Australia ($-488k or -45.6%), and United Kingdom ($-193k or -18.3%).

Subnational Monthly Trade

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Flow
Value

EXPORT GROWTH (January 2020 - January 2021): $-220k, (-3.72%)

IMPORT GROWTH (January 2020 - January 2021): $-385k, (-4.37%)

MAIN EXPORTER (January 2021): Michigan, $1.04M

MAIN DESTINATION (January 2021): Germany, $1.28M

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.

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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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.

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