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2023
Exports $32.8MWorld Rnk 10 / 88
Flag Rnk 610 / 1216
2023
Destination $3.02M Germany
2022 - 2023
FASTEST GROWING MARKET $3.02MGermany
2023
PRODUCT COMPLEXITY IN Nickel Sheets1.24Rnk 91 / 1025
2023
Imports $110MWorld Rnk 8 / 155
Flag Rnk 567 / 1214
2023
Origin $25.9M United States
2022 - 2023
FASTEST GROWING ORIGIN $25.9MUnited States
2023
ECONOMIC COMPLEXITY of United Kingdom1.5Rnk 11 / 132

About

Exports In 2023, United Kingdom exported $32.8M in Nickel Sheets, making it the 10th largest exporter of Nickel Sheets in the world. At the same year, Nickel Sheets was the 610th most exported product in United Kingdom. The main destination of Nickel Sheets exports from United Kingdom are: Germany ($9.23M), Sweden ($5.56M), Netherlands ($3.24M), India ($1.95M), and Spain ($1.84M).

The fastest growing export markets for Nickel Sheets of United Kingdom between 2022 and 2023 were Germany ($3.02M), Spain ($1.61M), and Netherlands ($1.35M).

Imports In 2023, United Kingdom imported $110M in Nickel Sheets, becoming the 8th largest importer of Nickel Sheets in the world. At the same year, Nickel Sheets was the 567th most imported product in United Kingdom. United Kingdom imports Nickel Sheets primarily from: United States ($79.6M), Germany ($16.8M), Japan ($2.05M), Ireland ($1.93M), and France ($1.8M).

The fastest growing import markets in Nickel Sheets for United Kingdom between 2022 and 2023 were United States ($25.9M), Spain ($1.69M), and India ($1.59M).

Latest Trends

November 2024

About

Overview In November 2024 United Kingdom's Nickel Sheets exports accounted up to £2.99M and imports accounted up to £7.14M, resulting in a negative trade balance of £4.14M. Between November 2023 and November 2024 the exports of United Kingdom's   Nickel Sheets have decreased by £-1.21M (-28.7%) from £4.2M to £2.99M, while imports increased by £459k (6.87%) from £6.68M to £7.14M.

Destinations In November 2024, Nickel Sheets were exported mostly to France (£506k), Italy (£451k), Germany (£409k), Netherlands (£374k), and Sweden (£326k), and were imported mostly from Canada (£4.17M), United States (£1.41M), Germany (£926k), France (£328k), and Italy (£62.1k).

Growth In November 2024, the decrease in Nickel Sheets's year-by-year exports was explained primarily by a decrease in exports to Italy (£-80.4k or -13.8%), United States (£-38.6k or -20.8%), and Switzerland (£-31.4k or -87.8%). In November 2024, the increase in Nickel Sheets's year-by-year imports was explained primarily by an increase in imports from United States (£2.04M or 89%), France (£126k or 58.2%), and Austria (£51.5k or 155%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)£-1.21M(-28.7%)
IMPORT GROWTH (November 2023 - November 2024)£459k(6.87%)
MAIN EXPORTER (November 2024)Dover Eurotunnel£3.15M
MAIN DESTINATION (November 2024)France£506k

This section shows Nickel Sheets's exports and imports data at subnational level for United Kingdom. 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 Sheets over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$32.8M
IMPORTS (2023)$110M
NET TRADE (2023)-$77.1M

In 2023, United Kingdom exported $32.8M in Nickel Sheets. The main destinations of United Kingdom exports on Nickel Sheets were Germany ($9.23M), Sweden ($5.56M), Netherlands ($3.24M), India ($1.95M), and Spain ($1.84M).

In 2023, United Kingdom imported $110M in Nickel Sheets, mainly from United States ($79.6M), Germany ($16.8M), Japan ($2.05M), Ireland ($1.93M), and France ($1.8M).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Nickel Sheets EXPORT MARKETS FOR United Kingdom WERE (2022 - 2023):
Germany$3.02M (48.7%)
Spain$1.61M (713%)
Netherlands$1.35M (71.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nickel Sheets BY United Kingdom WERE (2022 - 2023):
India-$298k (-13.3%)
Italy-$275k (-32%)
Canada-$235k (-91.1%)
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Change in Exports by Market (undefined - undefined)

Market Concentration

View
Flow
Type
In 2023, United Kingdom's main exporting competitors in Nickel Sheets were:
United States $668M
Germany $581M
Japan $459M
In 2023, United Kingdom's main importing competitors in Nickel Sheets were:
China $477M
United States $197M
Italy $189M

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Trade Value of Nickel Sheets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.94M
TOP IMPORT POTENTIALGermany+ $3.91M

Nickel Sheets’s highest export potential is United States. With an export gap of $1.94M.   Nickel Sheets’s highest import potential is Germany with an import gap of $3.91M.

See methodology.

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