2018
Exports
$33.8MWorld Rnk 12 / 107
Flag Rnk 658 / 1212
2023
PRODUCT COMPLEXITY IN Scrap Nickel
-0.13Rnk 601 / 1025
2018
Imports
$48.7MWorld Rnk 7 / 69
Flag Rnk 589 / 1208
2023
ECONOMIC COMPLEXITY of India
0.65Rnk 39 / 132

About

Exports In 2018, India exported $33.8M in Scrap Nickel, making it the 12th largest exporter of Scrap Nickel in the world. At the same year, Scrap Nickel was the 658th most exported product in India. The main destination of Scrap Nickel exports from India are: United Kingdom ($15.6M), United States ($3.86M), Japan ($3.51M), Sweden ($2.31M), and Thailand ($1.84M).

The fastest growing export markets for Scrap Nickel of India between 2022 and 2023 were United Kingdom ($4.03M), Japan ($3.07M), and United States ($2.35M).

Imports In 2023, India imported $48.7M in Scrap Nickel, becoming the 7th largest importer of Scrap Nickel in the world. At the same year, Scrap Nickel was the 589th most imported product in India. India imports Scrap Nickel primarily from: Saudi Arabia ($16.1M), United Arab Emirates ($6.03M), United States ($5.46M), Malaysia ($5.25M), and Singapore ($2.53M).

The fastest growing import markets in Scrap Nickel for India between 2022 and 2023 were United States ($4.89M), Malaysia ($3.84M), and United Kingdom ($1.76M).

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 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 (2023)$33.8M
IMPORTS (2023)$48.7M
NET TRADE (2023)-$14.9M

In 2023, India exported $33.8M in Scrap Nickel. The main destinations of India exports on Scrap Nickel were United Kingdom ($15.6M), United States ($3.86M), Japan ($3.51M), Sweden ($2.31M), and Thailand ($1.84M).

In 2023, India imported $48.7M in Scrap Nickel, mainly from Saudi Arabia ($16.1M), United Arab Emirates ($6.03M), United States ($5.46M), Malaysia ($5.25M), and Singapore ($2.53M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Scrap Nickel EXPORT MARKETS FOR India WERE (2022 - 2023):
United Kingdom$4.03M (34.8%)
Japan$3.07M (694%)
United States$2.35M (156%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Nickel BY India WERE (2022 - 2023):
Germany-$382k (-34.5%)
Thailand-$337k (-15.5%)
Malaysia-$260k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, India's main exporting competitors in Scrap Nickel were:
In 2023, India's main importing competitors in Scrap Nickel were:

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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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