Other Nickel Products7508 (Harmonized System 1992 for 4-digit)
World Trade (2018): $1.89B, Rnk 753 / 1225
Top Exporter (2018): $579M, United States
Top Importer (2018): $304M, United States
Product Complexity (2018): 0.8, Rnk 239 / 1018
Export Growth (CAGR)(2017 - 2018): 41.7%, Rnk 96 / 1225
Mean Tariff (2018): 5.84%, Rnk 722 / 1259
Share of World Trade (2018): 0.01%, Rnk 753 / 1225
Overview: This page contains the latest trade data of Other Nickel Products. In 2018, Other Nickel Products were the world's 753rd most traded product, with a total trade of $1.89B. Between 2017 and 2018 the exports of Other Nickel Products grew by 41.7%, from $1.33B to $1.89B. Trade in Other Nickel Products represent 0.01% of total world trade.
Exports: In 2018 the top exporters of Other Nickel Products were United States ($579M), United Kingdom ($178M), Mexico ($137M), Germany ($132M), and France ($112M).
Imports: In 2018 the top importers of Other Nickel Products were United States ($304M), Germany ($216M), United Kingdom ($133M), China ($129M), and Japan ($103M).
Tariffs: In 2018 the average tariff for Other Nickel Products was 5.84%, been the 722 lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Other Nickel Products are Bahamas (40.2%), Cambodia (35%), Bermuda (25%), Algeria (23.7%), and Tanzania (23.6%). The countries with the lowest tariffs are Mauritius (0%), South Africa (0%), Hong Kong (0%), India (0%), and Sri Lanka (0%).
Ranking: Other Nickel Products ranks 239th in the Product Complexity Index (PCI).
Trade By Country
Top Origin (2018): United States, $579M
Top Destination (2018): United States, $304M
Other Nickel Products are the world's 753rd most traded product.
In 2018, the top exporters of Other Nickel Products were United States ($579M), United Kingdom ($178M), Mexico ($137M), Germany ($132M), and France ($112M).
In 2018, the top importers of Other Nickel Products were United States ($304M), Germany ($216M), United Kingdom ($133M), China ($129M), and Japan ($103M).
Trade by country
Top Origin Growth (2017 - 2018): United Kingdom, $88.2M
Top Destination Growth (2017 - 2018): United States, $169M
Between 2017 and 2018, the exports of Other Nickel Products grew the fastest in United Kingdom ($88.2M), Mexico ($79.8M), Canada ($57M), United States ($50.9M), and Austria ($48.2M).
Between 2017 and 2018, the fastest growing importers of Other Nickel Products were United States ($169M), Germany ($112M), Singapore ($54.3M), France ($52.9M), and Canada ($43.4M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Other Nickel Products.
In 2018, market concentration measured using Shannon Entropy, was 3.92. This means that most of the exports of Other Nickel Products are explained by 15 countries.
TOP NET EXPORTER (2018): United States, $276M
TOP NET IMPORTER (2018): Germany, $84.2M
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 2018.
In 2018, the countries that had a largest trade value in exports than in imports of Other Nickel Products were United States ($276M), Mexico ($84.8M), Austria ($62.8M), Netherlands ($49.1M), and United Kingdom ($45.6M).
In 2018, the countries that had a largest trade value in imports than in exports of Other Nickel Products were Germany ($84.2M), China ($76.6M), Turkey ($50.2M), Poland ($40.5M), and Japan ($38.7M).
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.
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