Nickel Powder7504 (Harmonized System 1992 for 4-digit)
2020 World Trade: $1.16B, Rnk 857 / 1217
2020 Top Exporter | Top Importer: $313M | $309M, Australia | China
2020 Product Complexity: 0.52, Rnk 349 / 1028
2019 - 2020 Export Growth (CAGR): -17.7%, Rnk 969 / 1217
2018 Mean Tariff: 3.45%, Rnk 1099 / 1259
2020 Share of World Trade: 0.0069%, Rnk 857 / 1217
Overview This page contains the latest trade data of Nickel Powder. In 2020, Nickel Powder were the world's 857th most traded product, with a total trade of $1.16B. Between 2019 and 2020 the exports of Nickel Powder decreased by -17.7%, from $1.41B to $1.16B. Trade in Nickel Powder represent 0.0069% of total world trade.
Nickel Powder are a part of Nickel articles. They include Nickel powders and flakes.
Exports In 2020 the top exporters of Nickel Powder were Australia ($313M), Canada ($183M), Japan ($119M), United Kingdom ($107M), and China ($91M).
Imports In 2020 the top importers of Nickel Powder were China ($309M), South Korea ($276M), Japan ($96.7M), United States ($86.4M), and Chinese Taipei ($71.2M).
Tariffs In 2018 the average tariff for Nickel Powder was 3.45%, making it the 1099th lowest tariff using the HS4 product classification.
Ranking Nickel Powder ranks 349th in the Product Complexity Index (PCI).
The following visualization shows the latest trends on Nickel Powder. 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 Powder are the world's 857th most traded product.
In 2020, the top exporters of Nickel Powder were Australia ($313M), Canada ($183M), Japan ($119M), United Kingdom ($107M), and China ($91M).
In 2020, the top importers of Nickel Powder were China ($309M), South Korea ($276M), Japan ($96.7M), United States ($86.4M), and Chinese Taipei ($71.2M).
Trade by country
Top Origin Growth (2019 - 2020): China, $12.2M
Top Destination Growth (2019 - 2020): Chinese Taipei, $6.54M
Between 2019 and 2020, the exports of Nickel Powder grew the fastest in China ($12.2M), Denmark ($7.09M), Malaysia ($3.56M), Italy ($1.07M), and Russia ($939k).
Between 2019 and 2020, the fastest growing importers of Nickel Powder were Chinese Taipei ($6.54M), Netherlands ($6.54M), South Korea ($1.56M), Croatia ($759k), and Mexico ($700k).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Nickel Powder.
In 2020, market concentration measured using Shannon Entropy, was 3.4. This means that most of the exports of Nickel Powder are explained by 10 countries.
TOP NET EXPORTER (2020): Australia, $311M
TOP NET IMPORTER (2020): South Korea, $268M
This map shows which countries export or import more of Nickel Powder. Each country is colored based on the difference in exports and imports of Nickel Powder during 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Nickel Powder were Australia ($311M), Canada ($156M), United Kingdom ($94M), Finland ($64.3M), and Russia ($40.3M).
In 2020, the countries that had a largest trade value in imports than in exports of Nickel Powder were South Korea ($268M), China ($218M), Chinese Taipei ($70.9M), Sweden ($34.3M), and Italy ($24.3M).
In 2020, the world most traded Nickel Powder, disaggragated by their HS6 level were Nickel powders and flakes ($1.16B)
This visualization shows the countries that have an important ratio of their trade related to Nickel Powder. It is possible to select the main countries that export or import Nickel Powder 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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