Nickel Mattes7501 (Harmonized System 1992 for 4-digit)
2020 World Trade: $6.19B, Rnk 421 / 1217
2020 Top Exporter | Top Importer: $1.21B | $1.46B, Canada | Japan
2020 Product Complexity: -1.38, Rnk 930 / 1028
2019 - 2020 Export Growth (CAGR): 0.36%, Rnk 328 / 1217
2018 Mean Tariff: 2.06%, Rnk 1236 / 1259
2020 Share of World Trade: 0.037%, Rnk 421 / 1217
Overview This page contains the latest trade data of Nickel Mattes. In 2020, Nickel Mattes were the world's 421st most traded product, with a total trade of $6.19B. Between 2019 and 2020 the exports of Nickel Mattes grew by 0.36%, from $6.17B to $6.19B. Trade in Nickel Mattes represent 0.037% of total world trade.
Nickel Mattes are a part of Nickel articles. They include Nickel mattes and Nickel oxide sinters, intermediate nickel products ne.
Exports In 2020 the top exporters of Nickel Mattes were Canada ($1.21B), Russia ($1.19B), Indonesia ($1.17B), Finland ($570M), and Philippines ($551M).
Imports In 2020 the top importers of Nickel Mattes were Japan ($1.46B), China ($1.34B), Norway ($1.24B), Finland ($910M), and United Kingdom ($546M).
Tariffs In 2018 the average tariff for Nickel Mattes was 2.06%, making it the 1236th lowest tariff using the HS4 product classification.
Ranking Nickel Mattes ranks 930th in the Product Complexity Index (PCI).
Description Nickel mattes are used in the production of nickel-based alloys. Nickel oxide sinters are used to produce other nickel-based alloys.
The following visualization shows the latest trends on Nickel Mattes. 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.
Trade By Country
Nickel Mattes are the world's 421st most traded product.
In 2020, the top exporters of Nickel Mattes were Canada ($1.21B), Russia ($1.19B), Indonesia ($1.17B), Finland ($570M), and Philippines ($551M).
In 2020, the top importers of Nickel Mattes were Japan ($1.46B), China ($1.34B), Norway ($1.24B), Finland ($910M), and United Kingdom ($546M).
Trade by country
Top Origin Growth (2019 - 2020): Finland, $177M
Top Destination Growth (2019 - 2020): Switzerland, $108M
Between 2019 and 2020, the exports of Nickel Mattes grew the fastest in Finland ($177M), Zimbabwe ($46M), New Caledonia ($35.1M), Turkey ($32.2M), and Australia ($31.6M).
Between 2019 and 2020, the fastest growing importers of Nickel Mattes were Switzerland ($108M), China ($74.7M), South Africa ($46M), South Korea ($32.8M), and Norway ($31M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Nickel Mattes.
In 2020, market concentration measured using Shannon Entropy, was 3.2. This means that most of the exports of Nickel Mattes are explained by 9 countries.
This map shows which countries export or import more of Nickel Mattes. Each country is colored based on the difference in exports and imports of Nickel Mattes during 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Nickel Mattes were Russia ($1.19B), Indonesia ($1.17B), Canada ($1.1B), Philippines ($551M), and Papua New Guinea ($459M).
In 2020, the countries that had a largest trade value in imports than in exports of Nickel Mattes were Japan ($1.45B), China ($1.33B), Norway ($1.24B), United Kingdom ($543M), and Finland ($340M).
In 2020, the world most traded Nickel Mattes, disaggragated by their HS6 level were Nickel mattes ($3.74B) and Nickel oxide sinters, intermediate nickel products... ($2.45B)
This visualization shows the countries that have an important ratio of their trade related to Nickel Mattes. It is possible to select the main countries that export or import Nickel Mattes in the world, or by continent, as well as select the measure of interest.
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.
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