Overview: This page contains the latest trade data of Nickel Bars. In 2019, Nickel Bars were the world's 597th most traded product, with a total trade of $3.4B. Between 2018 and 2019 the exports of Nickel Bars grew by 12.2%, from $3.03B to $3.4B. Trade in Nickel Bars represent 0.019% of total world trade.
Exports: In 2019 the top exporters of Nickel Bars were United States ($1.04B), Germany ($424M), France ($358M), Austria ($321M), and United Kingdom ($249M).
Imports: In 2019 the top importers of Nickel Bars were United States ($418M), Germany ($397M), China ($298M), United Kingdom ($258M), and France ($254M).
Tariffs: In 2018 the average tariff for Nickel Bars was 3.86%, making it the 1027th lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Nickel Bars are Bahamas (40.2%), Bermuda (25%), Bangladesh (24.5%), Sudan (21.9%), and Maldives (19.6%). The countries with the lowest tariffs are Angola (0%), Mauritius (0%), South Africa (0%), Hong Kong (0%), and India (0%).
Ranking: Nickel Bars ranks 152nd in the Product Complexity Index (PCI).
Description: Nickel is used in the production of stainless steel, and is also used to make other metals. Nickel can be found in the form of wire, bars, rods, and profiles.