HS Icon Nickel mattes

750110 (Harmonized System 1992 for 6-digit)

World Trade (2018): $3.52B, Rnk 874 / 4726

Top Exporter (2018): $1.18B, Canada

Top Importer (2018): $1.26B, Norway

Product Complexity (2018): -1.28, Rnk 2375 / 2722

Export Growth (CAGR)(2017 - 2018): 17.9%, Rnk 1571 / 4726

Mean Tariff (2018): 2%, Rnk 6204 / 6538

Share of World Trade (2018): 0.019%, Rnk 874 / 4726

Overview:  This page contains the latest trade data of Nickel mattes. In 2018, Nickel mattes were the world's 874th most traded product, with a total trade of $3.52B. Between 2017 and 2018 the exports of Nickel mattes grew by 17.9%, from  $2.98B to $3.52B. Trade in Nickel mattes represent 0.019% of total world trade.

Exports: In 2018 the top exporters of Nickel mattes  were Canada ($1.18B), Russia ($828M), Indonesia ($787M), Finland ($463M), and Australia ($231M).

Imports: In 2018 the top importers of Nickel mattes were Norway ($1.26B), Japan ($963M), Finland ($804M), United Kingdom ($180M), and China ($147M).

Tariffs: In 2018 the average tariff for Nickel mattes was 2%, been the 6204 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Nickel mattes are Bahamas (40.2%), Bermuda (25%), Maldives (19.6%), Algeria (12.2%), and Aruba (12%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Ranking: Nickel mattes ranks 2375th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Canada, $1.18B

Top Destination (2018): Norway, $1.26B

Nickel mattes are the world's 874th most traded product.

In 2018, the top exporters of Nickel mattes were Canada ($1.18B), Russia ($828M), Indonesia ($787M), Finland ($463M), and Australia ($231M).

In 2018, the top importers of Nickel mattes were Norway ($1.26B), Japan ($963M), Finland ($804M), United Kingdom ($180M), and China ($147M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Russia, $248M

Top Destination Growth (2017 - 2018): Japan, $230M

Between 2017 and 2018, the exports of Nickel mattes grew the fastest in Russia ($248M), Finland ($194M), Indonesia ($157M), Australia ($86.9M), and South Africa ($9.74M).

Between 2017 and 2018, the fastest growing importers of Nickel mattes were Japan ($230M), Finland ($227M), Norway ($117M), Canada ($52.2M), and France ($49.2M).

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Market Concentration

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Cumulative market share

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

In 2018,  market concentration measured using Shannon Entropy, was 2.22. This means that most of the exports of Nickel mattes are explained by 4 countries.

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TOP NET EXPORTER (2018): Canada, $1.09B

TOP NET IMPORTER (2018): Norway, $1.26B

This map shows which countries export or import more of Nickel mattes. Each country is colored based on the difference in exports and imports of Nickel mattes during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Nickel mattes were Canada ($1.09B), Russia ($828M), Indonesia ($787M), Australia ($230M), and Germany ($9.03M).

In 2018, the countries that had a largest trade value in imports than in exports of Nickel mattes were Norway ($1.26B), Japan ($963M), Finland ($341M), United Kingdom ($180M), and China ($147M).

Import Tariffs

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In 2018, the average tariff for importing Nickel mattes was 2%.  The countries with the highest tariffs for importing Nickel mattes were Bahamas (40.2%), Bermuda (25%), Maldives (19.6%), Algeria (12.2%), and Aruba (12%).

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Product Complexity

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Diversification Frontier

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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.