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2022
Exports $21.4MWorld Rnk 18 / 97
Flag Rnk 740 / 1212
2022
Destination $4.95M United Kingdom
2021 - 2022
FASTEST GROWING MARKET $4.95MUnited Kingdom
2022
PRODUCT COMPLEXITY IN Scrap Nickel-0.18Rnk 609 / 1025
2022
Imports $33.3MWorld Rnk 7 / 77
Flag Rnk 671 / 1206
2022
Origin $2.23M Saudi Arabia
2021 - 2022
FASTEST GROWING ORIGIN $2.23MUnited Arab Emirates
2022
ECONOMIC COMPLEXITY of India0.64Rnk 40 / 133

About

Exports In 2022, India exported $21.4M in Scrap Nickel, making it the 18th largest exporter of Scrap Nickel in the world. At the same year, Scrap Nickel was the 740th most exported product in India. The main destination of Scrap Nickel exports from India are: United Kingdom ($12.3M), Thailand ($2.47M), Sweden ($1.73M), United States ($1.36M), and Germany ($935k).

The fastest growing export markets for Scrap Nickel of India between 2021 and 2022 were United Kingdom ($4.95M), Thailand ($1.68M), and Germany ($741k).

Imports In 2022, India imported $33.3M in Scrap Nickel, becoming the 7th largest importer of Scrap Nickel in the world. At the same year, Scrap Nickel was the 671st most imported product in India. India imports Scrap Nickel primarily from: Saudi Arabia ($13.3M), United Arab Emirates ($6.97M), Malaysia ($2.57M), Singapore ($2.36M), and United States ($730k).

The fastest growing import markets in Scrap Nickel for India between 2021 and 2022 were United Arab Emirates ($2.23M), Chile ($581k), and United Kingdom ($471k).

Latest Trends

Jul 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 Scrap 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)$21.4M
IMPORTS (2022)$33.3M
NET TRADE (2022)-$11.9M

In 2022, India exported $21.4M in Scrap Nickel. The main destinations of India exports on Scrap Nickel were United Kingdom ($12.3M), Thailand ($2.47M), Sweden ($1.73M), United States ($1.36M), and Germany ($935k).

In 2022, India imported $33.3M in Scrap Nickel, mainly from Saudi Arabia ($13.3M), United Arab Emirates ($6.97M), Malaysia ($2.57M), Singapore ($2.36M), and United States ($730k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Nickel EXPORT MARKETS FOR India WERE (2021 - 2022):
United Kingdom$4.95M (67.2%)
Thailand$1.68M (210%)
Germany$741k (381%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Nickel BY India WERE (2021 - 2022):
Japan-$766k (-58.2%)
Netherlands-$485k (-38.3%)
Austria-$329k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Scrap Nickel were:
United Kingdom $218M
United States $130M
Germany $114M
In 2022, India's main importing competitors in Scrap Nickel were:
United States $399M
Japan $196M
United Kingdom $181M

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Trade Value of Scrap Nickel by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.99M
TOP IMPORT POTENTIALUnited States+ $900k

Scrap Nickel’s highest export potential is United States. With an export gap of $1.99M.   Scrap Nickel’s highest import potential is United States with an import gap of $900k.

See methodology.

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