HS Icon Nickel and articles thereof

75 (Harmonized System 1992 for 2-digit)

Overview This page contains the latest trade data of Nickel and articles thereof. In 2020, Nickel and articles thereof were the world's 68th most traded product, with a total trade of $26.4B. Between 2019 and 2020 the exports of Nickel and articles thereof decreased by -13.2%, from $30.4B to $26.4B. Trade in Nickel and articles thereof represent 0.16% of total world trade.

Nickel and articles thereof are a part of Metals. They include Nickel and articles thereof.

Exports In 2020 the top exporters of Nickel and articles thereof  were Russia ($3.6B), Canada ($3.03B), United States ($2.33B), Australia ($2.14B), and Germany ($1.47B).

Imports In 2020 the top importers of Nickel and articles thereof were China ($4.28B), United States ($2.47B), Japan ($2.32B), Germany ($1.62B), and Netherlands ($1.61B).

Ranking Nickel and articles thereof ranks 78th in the Product Complexity Index (PCI).

View
Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Nickel and articles thereof. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Historical Data

#permalink to section

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2020): Russia, $3.6B

Top Destination (2020): China, $4.28B

Nickel and articles thereof are the world's 68th most traded product.

In 2020, the top exporters of Nickel and articles thereof were Russia ($3.6B), Canada ($3.03B), United States ($2.33B), Australia ($2.14B), and Germany ($1.47B).

In 2020, the top importers of Nickel and articles thereof were China ($4.28B), United States ($2.47B), Japan ($2.32B), Germany ($1.62B), and Netherlands ($1.61B).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

Top Origin Growth (2019 -  2020): Finland, $164M

Top Destination Growth (2019 - 2020): Netherlands, $272M

Between 2019 and 2020, the exports of Nickel and articles thereof grew the fastest in Finland ($164M), Luxembourg ($156M), Japan ($99.6M), Zimbabwe ($44.4M), and New Caledonia ($37.8M).

Between 2019 and 2020, the fastest growing importers of Nickel and articles thereof were Netherlands ($272M), Switzerland ($236M), Pakistan ($182M), United Arab Emirates ($141M), and South Africa ($43.2M).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Nickel and articles thereof.

In 2020,  market concentration measured using Shannon Entropy, was 4.49. This means that most of the exports of Nickel and articles thereof are explained by 22 countries.

Explore Visualizations

TOP NET EXPORTER (2020): Russia, $3.53B

TOP NET IMPORTER (2020): China, $3.68B

This map shows which countries export or import more of Nickel and articles thereof. Each country is colored based on the difference in exports and imports of Nickel and articles thereof during 2020.

In 2020, the countries that had a largest trade value in exports than in imports of Nickel and articles thereof were Russia ($3.53B), Canada ($2.7B), Australia ($2.09B), Indonesia ($1.12B), and Philippines ($522M).

In 2020, the countries that had a largest trade value in imports than in exports of Nickel and articles thereof were China ($3.68B), Japan ($1.31B), South Korea ($866M), Switzerland ($821M), and Netherlands ($754M).

Disaggregation

#permalink to section
Value
Disaggregation

In 2020, the world most traded Nickel and articles thereof, disaggragated by their HS6 level were Nickel and articles thereof ($26.4B)

Country Comparison

#permalink to section
Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Nickel and articles thereof.
It is possible to select the main countries that export or import Nickel and articles thereof in the world, or by continent, as well as select the measure of interest.

Product Complexity

#permalink to section

Diversification Frontier

#permalink to section
Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.