Sign In
Pricing

Nickel; unwrought

7502 (Harmonized System 1992 for 4-digit)

2022
World Trade $18.9BRnk 231 / 1218
2022
Top Exporter | Top Importer $3.19B | $4.04BAustralia | China
2022
Product Complexity -0.43Rnk 692 / 1033
2021 - 2022
Export Growth (CAGR) 8.76%Rnk 452 / 1218
2022
Share of World Trade 0.08%Rnk 231 / 1218

About

Overview This page contains the latest trade data of Raw Nickel. In 2022, Raw Nickel were the world's 231st most traded product, with a total trade of $18.9B. Between 2021 and 2022 the exports of Raw Nickel grew by 8.76%, from $17.4B to $18.9B. Trade in Raw Nickel represent 0.08% of total world trade.

Raw Nickel are a part of Nickel articles. They include Nickel unwrought, not alloyed and Nickel unwrought, alloyed.

Exports In 2022 the top exporters of Raw Nickel  were Australia ($3.19B), Canada ($2.78B), Russia ($2.74B), Norway ($2.16B), and Netherlands ($1.11B).

Imports In 2022 the top importers of Raw Nickel were China ($4.04B), United States ($2.45B), Netherlands ($2.21B), Germany ($1.49B), and Japan ($1.31B).

Ranking Raw Nickel ranks 692nd in the Product Complexity Index (PCI).

Description Unwrought nickel is a type of metal that has not been refined. It's used in the production of other metals, such as copper and iron.

Latest Trends

Latest Data

View
Flow
Y-AXIS SCALE

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

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Exporters and Importers

Top Origin (2022)Australia$3.19B
Top Destination (2022)China$4.04B

In 2022 Raw Nickel were the world's 231st most traded product (out of 1,218).

In 2022, the top exporters of Raw Nickel were Australia ($3.19B), Canada ($2.78B), Russia ($2.74B), Norway ($2.16B), and Netherlands ($1.11B).

In 2022, the top importers of Raw Nickel were China ($4.04B), United States ($2.45B), Netherlands ($2.21B), Germany ($1.49B), and Japan ($1.31B).

Explore Visualizations

Exporters of Raw Nickel (2022)
[Click to Select a Country]

Importers of Raw Nickel (2022)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2021 -  2022)Canada$873M
Top Destination Growth (2021 -  2022)United States$1.03B

Between 2021 and 2022, the exports of Raw Nickel grew the fastest in Canada ($873M), Russia ($544M), Madagascar ($431M), Norway ($339M), and China ($322M).

Between 2021 and 2022, the fastest growing importers of Raw Nickel were United States ($1.03B), Germany ($734M), Netherlands ($539M), Japan ($404M), and Chinese Taipei ($278M).

Explore Visualizations

Exporters of Raw Nickel (2021 - 2022)

Importers of Raw Nickel (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 3.85. This means that most of the exports of Raw Nickel are explained by 14 countries.

Explore Visualizations

Value of Exports in Raw Nickel

Net Trade

TOP NET EXPORTER (2022)Australia$3.1B
TOP NET IMPORTER (2022)China$3.63B

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

In 2022, the countries that had a largest trade value in exports than in imports of Raw Nickel were Australia ($3.1B), Canada ($2.74B), Russia ($2.74B), Norway ($2.16B), and Madagascar ($929M).

In 2022, the countries that had a largest trade value in imports than in exports of Raw Nickel were China ($3.63B), United States ($2.23B), Germany ($1.17B), Netherlands ($1.09B), and Japan ($991M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Raw Nickel, disaggragated by their HS6 level were Nickel unwrought, not alloyed ($17.8B) and Nickel unwrought, alloyed ($1.15B)

HS6 Disaggregation for Raw Nickel (2022)
[Click to Select]

Country Comparison

Flow
Measure
Ranking

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

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

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $17.9M
TOP IMPORT POTENTIALChina+ $1.4M

Raw Nickel’s highest export potential is United States. With an export gap of $17.9M.  Raw Nickel’s highest import potential is China with an import gap of $1.4M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

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 Raw Nickel.

Country by Relatedness

The following visualization shows the relatedness of Raw Nickel 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)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms