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Pricing

Nickel; tubes, pipes and tube or pipe fittings (e.g. couplings, elbows, sleeves)

7507 (Harmonized System 1992 for 4-digit)

2022
World Trade $1.24BRnk 896 / 1218
2022
Top Exporter | Top Importer $221M | $241MUnited States | United States
2022
Product Complexity 1.01Rnk 176 / 1033
2021 - 2022
Export Growth (CAGR) 24.5%Rnk 129 / 1218
2022
Share of World Trade 0.0052%Rnk 896 / 1218

About

Overview This page contains the latest trade data of Nickel Pipes. In 2022, Nickel Pipes were the world's 896th most traded product, with a total trade of $1.24B. Between 2021 and 2022 the exports of Nickel Pipes grew by 24.5%, from $995M to $1.24B. Trade in Nickel Pipes represent 0.0052% of total world trade.

Nickel Pipes are a part of Nickel articles. They include Tubes and pipe, nickel alloy, Fittings, pipe and tube, nickel, and Tubes and pipe, nickel, not alloyed.

Exports In 2022 the top exporters of Nickel Pipes  were United States ($221M), Germany ($190M), Italy ($114M), United Kingdom ($108M), and China ($98M).

Imports In 2022 the top importers of Nickel Pipes were United States ($241M), China ($92.4M), Germany ($70.5M), Canada ($68M), and France ($66.4M).

Ranking Nickel Pipes ranks 176th in the Product Complexity Index (PCI).

Description Nickel tubes, pipes and tube or pipe fittings are used in the production of other goods. They can be made from a variety of materials, including steel, copper, brass, and nickel.

Latest Trends

Latest Data

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

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

Explore Latest Trends

* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)United States$221M
Top Destination (2022)United States$241M

In 2022 Nickel Pipes were the world's 896th most traded product (out of 1,218).

In 2022, the top exporters of Nickel Pipes were United States ($221M), Germany ($190M), Italy ($114M), United Kingdom ($108M), and China ($98M).

In 2022, the top importers of Nickel Pipes were United States ($241M), China ($92.4M), Germany ($70.5M), Canada ($68M), and France ($66.4M).

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Exporters of Nickel Pipes (2022)
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Importers of Nickel Pipes (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$52.2M
Top Destination Growth (2021 -  2022)United States$76.6M

Between 2021 and 2022, the exports of Nickel Pipes grew the fastest in China ($52.2M), United States ($39.3M), Germany ($39.1M), Italy ($30.5M), and Sweden ($18M).

Between 2021 and 2022, the fastest growing importers of Nickel Pipes were United States ($76.6M), Canada ($39.7M), Saudi Arabia ($17.3M), Thailand ($15.2M), and Mexico ($13.3M).

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Exporters of Nickel Pipes (2021 - 2022)

Importers of Nickel Pipes (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Nickel Pipes.

In 2022, market concentration measured using Shannon Entropy, was 3.93. This means that most of the exports of Nickel Pipes are explained by 15 countries.

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Value of Exports in Nickel Pipes

Net Trade

TOP NET EXPORTER (2022)Germany$119M
TOP NET IMPORTER (2022)Saudi Arabia$42M

This map shows which countries export or import more of Nickel Pipes. Each country is colored based on the difference in exports and imports of Nickel Pipes during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Nickel Pipes were Germany ($119M), Sweden ($81.9M), United Kingdom ($69.1M), Japan ($65.4M), and Italy ($64.7M).

In 2022, the countries that had a largest trade value in imports than in exports of Nickel Pipes were Saudi Arabia ($42M), South Korea ($33.7M), Canada ($27.2M), Mexico ($27M), and Thailand ($22.6M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Nickel Pipes, disaggragated by their HS6 level were Tubes and pipe, nickel alloy ($932M), Fittings, pipe and tube, nickel ($256M), and Tubes and pipe, nickel, not alloyed ($50M)

HS6 Disaggregation for Nickel Pipes (2022)
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Country Comparison

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Ranking

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

Top 10 Exporters Countries of Nickel Pipes by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALGermany+ $1.05M
TOP IMPORT POTENTIALUnited States+ $284k

Nickel Pipes’s highest export potential is Germany. With an export gap of $1.05M.  Nickel Pipes’s highest import potential is United States with an import gap of $284k.

See methodology.

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Product Complexity

Diversification Frontier

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.

Relatedness vs Country Complexity (2022)

Related Products

This visualization shows products that are likely to be exported by countries that export Nickel Pipes.

Country by Relatedness

The following visualization shows the relatedness of Nickel Pipes to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2022)

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