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%).