Nickel; plates, sheets, strip and foil

7506 (Harmonized System 1992 for 4-digit)

About

Overview This page contains the latest trade data of Nickel Sheets. In 2021, Nickel Sheets were the world's 838th most traded product, with a total trade of $1.53B. Between 2020 and 2021 the exports of Nickel Sheets grew by 17.8%, from $1.3B to $1.53B. Trade in Nickel Sheets represent 0.0073% of total world trade.

Nickel Sheets are a part of Nickel articles. They include Plates, sheet, strip and foil, nickel alloy and Plates, sheet, strip and foil, nickel, not alloyed.

Exports In 2021 the top exporters of Nickel Sheets  were Germany ($453M), United States ($383M), Japan ($191M), France ($67.4M), and China ($66M).

Imports In 2021 the top importers of Nickel Sheets were China ($283M), United States ($133M), India ($99M), South Korea ($98.5M), and Germany ($97.4M).

Ranking Nickel Sheets ranks 82nd in the Product Complexity Index (PCI).

Description Nickel is used in the production of stainless steel, which is a type of metal that does not rust. Stainless steel is used to make kitchen appliances, utensils, and other products.

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Nickel Sheets. 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.

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Historical Data

Exporters and Importers

Top Origin (2021)Germany$453M
Top Destination (2021)China$283M

In 2021 Nickel Sheets were the world's 838th most traded product (out of 1,217).

In 2021, the top exporters of Nickel Sheets were Germany ($453M), United States ($383M), Japan ($191M), France ($67.4M), and China ($66M).

In 2021, the top importers of Nickel Sheets were China ($283M), United States ($133M), India ($99M), South Korea ($98.5M), and Germany ($97.4M).

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Exporters of Nickel Sheets (2021)
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Importers of Nickel Sheets (2021)
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Market Dynamics

Color
Top Origin Growth (2020 -  2021)Germany$101M
Top Destination Growth (2020 -  2021)China$44.4M

Between 2020 and 2021, the exports of Nickel Sheets grew the fastest in Germany ($101M), China ($25.2M), United States ($22.4M), South Africa ($20.4M), and Sweden ($10.4M).

Between 2020 and 2021, the fastest growing importers of Nickel Sheets were China ($44.4M), Brazil ($35.1M), United States ($27.6M), South Korea ($24M), and Germany ($22.1M).

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Exporters of Nickel Sheets (2020 - 2021)

Importers of Nickel Sheets (2020 - 2021)

Market Concentration

Value

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

In 2021, market concentration measured using Shannon Entropy, was 3.3. This means that most of the exports of Nickel Sheets are explained by 9 countries.

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Value of Exports in Nickel Sheets

Net Trade

TOP NET EXPORTER (2021)Germany$355M
TOP NET IMPORTER (2021)China$217M

This map shows which countries export or import more of Nickel Sheets. Each country is colored based on the difference in exports and imports of Nickel Sheets during 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Nickel Sheets were Germany ($355M), United States ($250M), Japan ($139M), South Africa ($44.1M), and Norway ($14.7M).

In 2021, the countries that had a largest trade value in imports than in exports of Nickel Sheets were China ($217M), India ($91.8M), Italy ($82.4M), South Korea ($69.6M), and Austria ($56M).

Net Trade (2021)

Disaggregation

Value

In 2021, the world most traded Nickel Sheets, disaggragated by their HS6 level were Plates, sheet, strip and foil, nickel... ($1.26B) and Plates, sheet, strip and foil, nickel,... ($271M)

HS6 Disaggregation for Nickel Sheets (2021)
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Country Comparison

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Measure
Ranking

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

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

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 (2021)

Country by Relatedness

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

Relative Relatedness by Country (2021)

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