Nickel Sheets7506 (Harmonized System 1992 for 4-digit)
2020 World Trade: $1.29B, Rnk 830 / 1217
2020 Top Exporter | Top Importer: $360M | $239M, United States | China
2020 Product Complexity: 1.42, Rnk 73 / 1028
2019 - 2020 Export Growth (CAGR): -13%, Rnk 827 / 1217
2018 Mean Tariff: 3.78%, Rnk 1057 / 1259
2020 Share of World Trade: 0.0077%, Rnk 830 / 1217
Overview This page contains the latest trade data of Nickel Sheets. In 2020, Nickel Sheets were the world's 830th most traded product, with a total trade of $1.29B. Between 2019 and 2020 the exports of Nickel Sheets decreased by -13%, from $1.48B to $1.29B. Trade in Nickel Sheets represent 0.0077% 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 2020 the top exporters of Nickel Sheets were United States ($360M), Germany ($352M), Japan ($187M), France ($63.6M), and Netherlands ($42.8M).
Imports In 2020 the top importers of Nickel Sheets were China ($239M), United States ($105M), India ($94M), Italy ($81M), and Germany ($75.5M).
Tariffs In 2018 the average tariff for Nickel Sheets was 3.78%, making it the 1057th lowest tariff using the HS4 product classification.
Ranking Nickel Sheets ranks 73rd 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.
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.
Trade By Country
Top Origin (2020): United States, $360M
Top Destination (2020): China, $239M
Nickel Sheets are the world's 830th most traded product.
In 2020, the top exporters of Nickel Sheets were United States ($360M), Germany ($352M), Japan ($187M), France ($63.6M), and Netherlands ($42.8M).
In 2020, the top importers of Nickel Sheets were China ($239M), United States ($105M), India ($94M), Italy ($81M), and Germany ($75.5M).
Trade by country
Top Origin Growth (2019 - 2020): South Africa, $15.5M
Top Destination Growth (2019 - 2020): China, $19.9M
Between 2019 and 2020, the exports of Nickel Sheets grew the fastest in South Africa ($15.5M), France ($15.4M), Netherlands ($14.8M), Singapore ($8M), and China ($6.64M).
Between 2019 and 2020, the fastest growing importers of Nickel Sheets were China ($19.9M), Brazil ($8.97M), Saudi Arabia ($7.99M), Netherlands ($4.47M), and Oman ($3.99M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Nickel Sheets.
In 2020, market concentration measured using Shannon Entropy, was 3.2. This means that most of the exports of Nickel Sheets are explained by 9 countries.
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 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Nickel Sheets were Germany ($276M), United States ($255M), Japan ($128M), South Africa ($23.9M), and Netherlands ($18.9M).
In 2020, the countries that had a largest trade value in imports than in exports of Nickel Sheets were China ($197M), India ($91.4M), Italy ($71.5M), South Korea ($52.4M), and Austria ($43.6M).
In 2020, the world most traded Nickel Sheets, disaggragated by their HS6 level were Plates, sheet, strip and foil, nickel... ($1.06B) and Plates, sheet, strip and foil, nickel,... ($229M)
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.
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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