2023
Exports
$306MWorld Rnk 2 / 137
Flag Rnk 192 / 1216
2023
PRODUCT COMPLEXITY IN Other Nickel Products
1.36Rnk 67 / 1025
2023
Imports
$266MWorld Rnk 3 / 195
Flag Rnk 375 / 1214
2023
ECONOMIC COMPLEXITY of United Kingdom
1.5Rnk 11 / 132

About

Exports In 2023, United Kingdom exported $306M in Other Nickel Products, making it the 2nd largest exporter of Other Nickel Products in the world. At the same year, Other Nickel Products was the 192nd most exported product in United Kingdom. The main destination of Other Nickel Products exports from United Kingdom are: United States ($45.4M), Czechia ($40M), Germany ($38.6M), Singapore ($28.4M), and Hong Kong ($20M).

The fastest growing export markets for Other Nickel Products of United Kingdom between 2022 and 2023 were Singapore ($12.7M), Germany ($11.2M), and Hong Kong ($9.21M).

Imports In 2023, United Kingdom imported $266M in Other Nickel Products, becoming the 3rd largest importer of Other Nickel Products in the world. At the same year, Other Nickel Products was the 375th most imported product in United Kingdom. United Kingdom imports Other Nickel Products primarily from: United States ($146M), Chinese Taipei ($28.8M), Italy ($23.9M), France ($19M), and China ($12.2M).

The fastest growing import markets in Other Nickel Products for United Kingdom between 2022 and 2023 were Italy ($18.9M), United States ($8.49M), and Chinese Taipei ($7.46M).

COMPANIES In 2023, leading companies such as Amazon (3) were at the forefront of shipping Other Nickel Products from United Kingdom to the United States.

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)£4.13M(9.53%)
IMPORT GROWTH (November 2023 - November 2024)£-2.82M(-12.5%)
MAIN EXPORTER (November 2024)London Heathrow Airport£21.4M
MAIN DESTINATION (November 2024)Hong Kong£9.6M

This section shows Other Nickel Products'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 Other Nickel Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$306M
IMPORTS (2023)$266M
NET TRADE (2023)$40.2M

In 2023, United Kingdom exported $306M in Other Nickel Products. The main destinations of United Kingdom exports on Other Nickel Products were United States ($45.4M), Czechia ($40M), Germany ($38.6M), Singapore ($28.4M), and Hong Kong ($20M).

In 2023, United Kingdom imported $266M in Other Nickel Products, mainly from United States ($146M), Chinese Taipei ($28.8M), Italy ($23.9M), France ($19M), and China ($12.2M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Nickel Products EXPORT MARKETS FOR United Kingdom WERE (2022 - 2023):
Singapore$12.7M (81%)
Germany$11.2M (41.1%)
Hong Kong$9.21M (85.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Nickel Products BY United Kingdom WERE (2022 - 2023):
Spain-$4.73M (-64.3%)
Angola-$526k (-58.7%)
Bangladesh-$421k (-75.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United Kingdom's main exporting competitors in Other Nickel Products were:
In 2023, United Kingdom's main importing competitors in Other Nickel Products were:

Explore Visualizations

Trade Value of Other Nickel Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $5.25M
TOP IMPORT POTENTIALGermany+ $2.62M

Other Nickel Products’s highest export potential is China. With an export gap of $5.25M.   Other Nickel Products’s highest import potential is Germany with an import gap of $2.62M.

See methodology.

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