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Pricing

Nickel; articles thereof n.e.c. in chapter 75

7508 (Harmonized System 1992 for 4-digit)

2023
World Trade $3.14BRnk 652 / 1217
2023
Top Exporter | Top Importer $1.25B | $447MUnited States | United States
2023
Product Complexity 1.48Rnk 49 / 1044
2022 - 2023
Export Growth (CAGR) 14.1%Rnk 105 / 1217
2023
Share of World Trade 0.014%Rnk 652 / 1217

About

Overview This page contains the latest trade data of Other Nickel Products. In 2023, Other Nickel Products were the world's 652nd most traded product, with a total trade of $3.14B. Between 2022 and 2023 the exports of Other Nickel Products grew by 14.1%, from $2.76B to $3.14B. Trade in Other Nickel Products represent 0.014% of total world trade.

Other Nickel Products are a part of Nickel articles. They include Articles of nickel, nes.

Exports In 2023 the top exporters of Other Nickel Products  were United States ($1.25B), United Kingdom ($306M), France ($218M), Mexico ($214M), and Germany ($180M).

Imports In 2023 the top importers of Other Nickel Products were United States ($447M), China ($291M), United Kingdom ($266M), Turkey ($201M), and Germany ($183M).

Ranking Other Nickel Products ranks 49th in the Product Complexity Index (PCI).

Description Nickel is used in the production of a variety of products, including coins, jewelry, and stainless steel.

Latest Trends

Latest Data

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Y-AXIS SCALE

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

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

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* 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 (2023)United States$1.25B
Top Destination (2023)United States$447M

In 2023 Other Nickel Products were the world's 652nd most traded product (out of 1,217).

In 2023, the top exporters of Other Nickel Products were United States ($1.25B), United Kingdom ($306M), France ($218M), Mexico ($214M), and Germany ($180M).

In 2023, the top importers of Other Nickel Products were United States ($447M), China ($291M), United Kingdom ($266M), Turkey ($201M), and Germany ($183M).

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Exporters of Other Nickel Products (2023)
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Importers of Other Nickel Products (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$340M
Top Destination Growth (2022 -  2023)United States$96.2M

Between 2022 and 2023, the exports of Other Nickel Products grew the fastest in United States ($340M), United Kingdom ($88.4M), France ($69.5M), Mexico ($60.8M), and Chinese Taipei ($49.7M).

Between 2022 and 2023, the fastest growing importers of Other Nickel Products were United States ($96.2M), China ($61M), Germany ($60.9M), Canada ($56.7M), and United Kingdom ($56.2M).

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Exporters of Other Nickel Products (2022 - 2023)

Importers of Other Nickel Products (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Other Nickel Products.

In 2023, market concentration measured using Shannon Entropy, was 3.47. This means that most of the exports of Other Nickel Products are explained by 11 countries.

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Value of Exports in Other Nickel Products

Net Trade

TOP NET EXPORTER (2023)United States$806M
TOP NET IMPORTER (2023)Turkey$159M

This map shows which countries export or import more of Other Nickel Products. Each country is colored based on the difference in exports and imports of Other Nickel Products during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Other Nickel Products were United States ($806M), Mexico ($176M), Chinese Taipei ($76.3M), France ($60.3M), and United Kingdom ($40.2M).

In 2023, the countries that had a largest trade value in imports than in exports of Other Nickel Products were Turkey ($159M), China ($157M), Singapore ($91.3M), Brazil ($84.3M), and Poland ($76.9M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Other Nickel Products by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $771k
TOP IMPORT POTENTIALUnited Kingdom+ $194k

Other Nickel Products’s highest export potential is China. With an export gap of $771k.  Other Nickel Products’s highest import potential is United Kingdom with an import gap of $194k.

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 (2023)

Related Products

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

Country by Relatedness

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

Relative Relatedness by Country (2023)

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