2022
Exports
$2.74BWorld Rnk 3 / 81
Flag Rnk 18 / 1200
2022
PRODUCT COMPLEXITY IN Raw Nickel
-0.24Rnk 629 / 1025
2022
Imports
$2.24MWorld Rnk 58 / 123
Flag Rnk 977 / 1201
2022
ECONOMIC COMPLEXITY of Russia
0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $2.74B in Raw Nickel, making it the 3rd largest exporter of Raw Nickel in the world. At the same year, Raw Nickel was the 18th most exported product in Russia. The main destination of Raw Nickel exports from Russia are: China ($1.11B), Germany ($657M), Netherlands ($333M), United States ($267M), and India ($60.4M).

The fastest growing export markets for Raw Nickel of Russia between 2021 and 2022 were Germany ($599M), China ($222M), and United States ($182M).

Imports In 2022, Russia imported $2.24M in Raw Nickel, becoming the 58th largest importer of Raw Nickel in the world. At the same year, Raw Nickel was the 977th most imported product in Russia. Russia imports Raw Nickel primarily from: United States ($878k), United Arab Emirates ($572k), Ukraine ($517k), United Kingdom ($103k), and Lithuania ($53.5k).

The fastest growing import markets in Raw Nickel for Russia between 2021 and 2022 were Turkey ($33.7k), Austria ($25.2k), and Kazakhstan ($240).

Latest Trends

May 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 (2022)$2.74B
IMPORTS (2022)$2.24M
NET TRADE (2022)$2.74B

In 2022, Russia exported $2.74B in Raw Nickel. The main destinations of Russia exports on Raw Nickel were China ($1.11B), Germany ($657M), Netherlands ($333M), United States ($267M), and India ($60.4M).

In 2022, Russia imported $2.24M in Raw Nickel, mainly from United States ($878k), United Arab Emirates ($572k), Ukraine ($517k), United Kingdom ($103k), and Lithuania ($53.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Nickel EXPORT MARKETS FOR Russia WERE (2021 - 2022):
Germany$599M (1.02k%)
China$222M (24.9%)
United States$182M (215%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Nickel BY Russia WERE (2021 - 2022):
Netherlands-$451M (-57.5%)
United Arab Emirates-$116M (-77.7%)
Austria-$46.8M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Russia's main exporting competitors in Raw Nickel were:
In 2022, Russia'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+ $157M
TOP IMPORT POTENTIALUnited States+ $241k

Raw Nickel’s highest export potential is China. With an export gap of $157M.   Raw Nickel’s highest import potential is United States with an import gap of $241k.

See methodology.

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