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2022
Exports $82.1MWorld Rnk 22 / 81
Flag Rnk 617 / 1217
2022
Destination $20.7M Austria
2021 - 2022
FASTEST GROWING MARKET $20.7MAustria
2022
PRODUCT COMPLEXITY IN Raw Nickel-0.24Rnk 629 / 1025
2022
Imports $703MWorld Rnk 7 / 123
Flag Rnk 186 / 1215
2022
Origin $170M Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $170MNetherlands
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $82.1M in Raw Nickel, making it the 22nd largest exporter of Raw Nickel in the world. At the same year, Raw Nickel was the 617th most exported product in Italy. The main destination of Raw Nickel exports from Italy are: Austria ($21.2M), Germany ($13M), Turkey ($7.77M), Egypt ($5.36M), and Czechia ($5M).

The fastest growing export markets for Raw Nickel of Italy between 2021 and 2022 were Austria ($20.7M), Germany ($6.89M), and Turkey ($3.51M).

Imports In 2022, Italy imported $703M in Raw Nickel, becoming the 7th largest importer of Raw Nickel in the world. At the same year, Raw Nickel was the 186th most imported product in Italy. Italy imports Raw Nickel primarily from: Netherlands ($414M), Canada ($52.2M), South Africa ($45M), Belgium ($36.1M), and Finland ($35.4M).

The fastest growing import markets in Raw Nickel for Italy between 2021 and 2022 were Netherlands ($170M), United States ($9.31M), and Australia ($7.53M).

Latest Trends

March 2024

About

Overview In March 2024 Italy's Raw Nickel exports accounted up to €7.72M and imports accounted up to €58.3M, resulting in a negative trade balance of €50.6M. Between March 2023 and March 2024 the exports of Italy's   Raw Nickel have increased by €4.71M (156%) from €3.01M to €7.72M, while imports decreased by €-37.9M (-39.4%) from €96.2M to €58.3M.

Destinations In March 2024, Raw Nickel were exported mostly to United Kingdom (€3.37M), United States (€2.93M), Turkey (€411k), Germany (€328k), and Sweden (€131k), and were imported mostly from Netherlands (€43.3M), United Kingdom (€5.27M), Australia (€2.54M), Belgium (€2.15M), and United States (€2.02M).

Growth In March 2024, the increase in Raw Nickel's year-by-year exports was explained primarily by an increase in exports to Czechia (€378k or 232%), Spain (€76.5k or 627%), and Slovenia (€56.8k or 30.9%). In March 2024, the decrease in Raw Nickel's year-by-year imports was explained primarily by a decrease in imports from Netherlands (€-12.6M or -46.3%), Australia (€-1.87M or -51.8%), and Finland (€-893k or -32%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€4.71M(156%)
IMPORT GROWTH (March 2023 - March 2024)€-37.9M(-39.4%)
MAIN DESTINATION (March 2024)United Kingdom€3.37M

This section shows Raw Nickel's exports and imports data at subnational level for Italy. 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 Raw Nickel over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$82.1M
IMPORTS (2022)$703M
NET TRADE (2022)-$621M

In 2022, Italy exported $82.1M in Raw Nickel. The main destinations of Italy exports on Raw Nickel were Austria ($21.2M), Germany ($13M), Turkey ($7.77M), Egypt ($5.36M), and Czechia ($5M).

In 2022, Italy imported $703M in Raw Nickel, mainly from Netherlands ($414M), Canada ($52.2M), South Africa ($45M), Belgium ($36.1M), and Finland ($35.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Nickel EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Austria$20.7M (4.66k%)
Germany$6.89M (113%)
Turkey$3.51M (82.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Nickel BY Italy WERE (2021 - 2022):
Brazil-$1.54M (-73%)
Japan-$504k (-77.7%)
United States-$223k (-21.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Raw Nickel were:
Australia $3.19B
Canada $2.78B
Russia $2.74B
In 2022, Italy's main importing competitors in Raw Nickel were:
China $4.04B
United States $2.45B
Netherlands $2.21B

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Trade Value of Raw Nickel by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $4.6M
TOP IMPORT POTENTIALCanada+ $12.2M

Raw Nickel’s highest export potential is Germany. With an export gap of $4.6M.   Raw Nickel’s highest import potential is Canada with an import gap of $12.2M.

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