2023
Exports
$22.2MWorld Rnk 26 / 80
Flag Rnk 729 / 1212
2023
PRODUCT COMPLEXITY IN Raw Nickel
-0.34Rnk 650 / 1025
2023
Imports
$707MWorld Rnk 8 / 119
Flag Rnk 141 / 1208
2023
ECONOMIC COMPLEXITY of India
0.65Rnk 39 / 132

About

Exports In 2023, India exported $22.2M in Raw Nickel, making it the 26th largest exporter of Raw Nickel in the world. At the same year, Raw Nickel was the 729th most exported product in India. The main destination of Raw Nickel exports from India are: Netherlands ($11.3M), Malaysia ($3.09M), South Korea ($1.73M), Turkey ($1.7M), and Brazil ($1.48M).

The fastest growing export markets for Raw Nickel of India between 2022 and 2023 were Netherlands ($3.33M), Turkey ($1.68M), and Brazil ($1.47M).

Imports In 2023, India imported $707M in Raw Nickel, becoming the 8th largest importer of Raw Nickel in the world. At the same year, Raw Nickel was the 141st most imported product in India. India imports Raw Nickel primarily from: Russia ($150M), Norway ($147M), Japan ($93.1M), Canada ($90.2M), and China ($53.8M).

The fastest growing import markets in Raw Nickel for India between 2022 and 2023 were Russia ($90.1M), Canada ($56.9M), and Finland ($38.5M).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Raw Nickel. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$22.2M
IMPORTS (2023)$707M
NET TRADE (2023)-$685M

In 2023, India exported $22.2M in Raw Nickel. The main destinations of India exports on Raw Nickel were Netherlands ($11.3M), Malaysia ($3.09M), South Korea ($1.73M), Turkey ($1.7M), and Brazil ($1.48M).

In 2023, India imported $707M in Raw Nickel, mainly from Russia ($150M), Norway ($147M), Japan ($93.1M), Canada ($90.2M), and China ($53.8M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Raw Nickel EXPORT MARKETS FOR India WERE (2022 - 2023):
Netherlands$3.33M (41.7%)
Turkey$1.68M (10.8k%)
Brazil$1.47M (17.5k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Nickel BY India WERE (2022 - 2023):
China-$13.3M (-100%)
Malaysia-$4.51M (-59.3%)
Singapore-$2.81M (-99.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, India's main exporting competitors in Raw Nickel were:
Canada $2.42B
Norway $2.13B
In 2023, India's main importing competitors in Raw Nickel were:

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Trade Value of Raw Nickel by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $24.4M
TOP IMPORT POTENTIALRussia+ $39.8M

Raw Nickel’s highest export potential is China. With an export gap of $24.4M.   Raw Nickel’s highest import potential is Russia with an import gap of $39.8M.

See methodology.

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