2021
Exports | Imports
$2.14B | $10.7MWorld Rnk 2 / 78
Flag Rnk 23 / 1209
World Rnk 39 / 126
Flag Rnk 861 / 1206
2021
ECONOMIC COMPLEXITY of Russia
0.46Rnk 45 / 131
2021
PRODUCT COMPLEXITY IN Raw Nickel
-0.25Rnk 637 / 1024

About

Exports In 2021, Russia exported $2.14B in Raw Nickel, making it the 2nd largest exporter of Raw Nickel in the world. At the same year, Raw Nickel was the 23rd most exported product in Russia. The main destination of Raw Nickel exports from Russia are: China ($889M), Netherlands ($784M), United Arab Emirates ($149M), United States ($84.9M), and Germany ($57.7M).

The fastest growing export markets for Raw Nickel of Russia between 2020 and 2021 were Netherlands ($594M), China ($172M), and United Arab Emirates ($148M).

Imports In 2021, Russia imported $10.7M in Raw Nickel, becoming the 39th largest importer of Raw Nickel in the world. At the same year, Raw Nickel was the 861st most imported product in Russia. Russia imports Raw Nickel primarily from: Norway ($3.06M), Ukraine ($1.95M), United Kingdom ($1.61M), United States ($1.2M), and Estonia ($1.02M).

The fastest growing import markets in Raw Nickel for Russia between 2020 and 2021 were Ukraine ($1.48M), Norway ($593k), and Poland ($295k).

Latest Trends

Dec 2023

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 (2021)$2.14B
IMPORTS (2021)$10.7M
NET TRADE (2021)$2.13B

In 2021, Russia exported $2.14B in Raw Nickel. The main destinations of Russia exports on Raw Nickel were China ($889M), Netherlands ($784M), United Arab Emirates ($149M), United States ($84.9M), and Germany ($57.7M).

In 2021, Russia imported $10.7M in Raw Nickel, mainly from Norway ($3.06M), Ukraine ($1.95M), United Kingdom ($1.61M), United States ($1.2M), and Estonia ($1.02M).

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Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
THE FASTEST GROWING Raw Nickel EXPORT MARKETS FOR Russia WERE (2020 - 2021):
Netherlands$594M (314%)
China$172M (24%)
United Arab Emirates$148M (17.5k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Nickel BY Russia WERE (2020 - 2021):
Switzerland-$657M (-99.8%)
Germany-$273M (-82.6%)
Austria-$47.8M (-100%)

Change in Exports by Market (2020 - 2021)

Market Concentration

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Flow
Type
In 2021, Russia's main exporting competitors in Raw Nickel were:
In 2021, Russia's main importing competitors in Raw Nickel were:

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Trade Value of Raw Nickel by Exporters

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