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750522 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.6BRnk 1622 / 4644
2023
Top Exporter | Top Importer $495M | $282MFrance | Germany
2023
Product Complexity 1.73Rnk 78 / 4656
2022 - 2023
Export Growth (CAGR) 21.8%Rnk 263 / 4644
2023
Share of World Trade 0.0071%Rnk 1622 / 4644

About

Overview This page contains the latest trade data of Wire, nickel alloy. In 2023, Wire, nickel alloy were the world's 1622nd most traded product, with a total trade of $1.6B. Between 2022 and 2023 the exports of Wire, nickel alloy grew by 21.8%, from $1.32B to $1.6B. Trade in Wire, nickel alloy represent 0.0071% of total world trade.

Wire, nickel alloy are a part of Nickel Bars.

Exports In 2023 the top exporters of Wire, nickel alloy  were France ($495M), Germany ($254M), United States ($190M), Austria ($119M), and Switzerland ($114M).

Imports In 2023 the top importers of Wire, nickel alloy were Germany ($282M), United States ($243M), Italy ($129M), Switzerland ($111M), and China ($92.7M).

Ranking Wire, nickel alloy ranks 78th in the Product Complexity Index (PCI).

Description Nickel alloy is used in a variety of ways. It is used as a coating on pipes and wires to prevent corrosion. It is also used in jewelry because it is very hard and will not tarnish. It is also used in coins because it is very hard and will not wear down.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Wire, nickel alloy. 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)France$495M
Top Destination (2023)Germany$282M

In 2023 Wire, nickel alloy were the world's 1622nd most traded product (out of 4,644).

In 2023, the top exporters of Wire, nickel alloy were France ($495M), Germany ($254M), United States ($190M), Austria ($119M), and Switzerland ($114M).

In 2023, the top importers of Wire, nickel alloy were Germany ($282M), United States ($243M), Italy ($129M), Switzerland ($111M), and China ($92.7M).

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Exporters of Wire, nickel alloy (2023)
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Importers of Wire, nickel alloy (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)France$133M
Top Destination Growth (2022 -  2023)Switzerland$49.4M

Between 2022 and 2023, the exports of Wire, nickel alloy grew the fastest in France ($133M), Switzerland ($58.5M), Italy ($42M), United States ($34.8M), and Germany ($28.1M).

Between 2022 and 2023, the fastest growing importers of Wire, nickel alloy were Switzerland ($49.4M), Germany ($49M), Italy ($46.1M), United Arab Emirates ($34.4M), and China ($22M).

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Exporters of Wire, nickel alloy (2022 - 2023)

Importers of Wire, nickel alloy (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Wire, nickel alloy.

In 2023, market concentration measured using Shannon Entropy, was 3.39. This means that most of the exports of Wire, nickel alloy are explained by 10 countries.

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Value of Exports in Wire, nickel alloy

Net Trade

TOP NET EXPORTER (2023)France$442M
TOP NET IMPORTER (2023)United States$53.3M

This map shows which countries export or import more of Wire, nickel alloy. Each country is colored based on the difference in exports and imports of Wire, nickel alloy during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Wire, nickel alloy were France ($442M), Austria ($104M), Sweden ($47.6M), Japan ($11.6M), and Switzerland ($2.92M).

In 2023, the countries that had a largest trade value in imports than in exports of Wire, nickel alloy were United States ($53.3M), South Korea ($49.4M), Mexico ($46.3M), Italy ($46.1M), and United Arab Emirates ($44.5M).

Net Trade (2023)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Wire, nickel alloy 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 (2023)

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