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2022
Exports $3.04BWorld Rnk 5 / 162
Flag Rnk 52 / 96
2022
Destination $104M China
2021 - 2022
FASTEST GROWING MARKET $104MMexico
2022
PRODUCT COMPLEXITY IN Nickel articles1.47Rnk 61 / 1025
2022
Imports $4.52BWorld Rnk 2 / 206
Flag Rnk 59 / 96
2022
Origin $397M Canada
2021 - 2022
FASTEST GROWING ORIGIN $397MCanada
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $3.04B in Nickel articles, making it the 5th largest exporter of Nickel articles in the world. At the same year, Nickel articles was the 52nd most exported product in United States. The main destination of Nickel articles exports from United States are: China ($459M), Mexico ($328M), United Kingdom ($311M), Canada ($250M), and France ($226M).

The fastest growing export markets for Nickel articles of United States between 2021 and 2022 were Mexico ($104M), Canada ($102M), and United Kingdom ($98.8M).

Imports In 2022, United States imported $4.52B in Nickel articles, becoming the 2nd largest importer of Nickel articles in the world. At the same year, Nickel articles was the 59th most imported product in United States. United States imports Nickel articles primarily from: Canada ($1.42B), Russia ($342M), Norway ($331M), Australia ($318M), and United Kingdom ($305M).

The fastest growing import markets in Nickel articles for United States between 2021 and 2022 were Canada ($397M), Russia ($182M), and Norway ($157M).

COMPANIES In 2023, leading companies such as Victaulic (199), Hafele (186), and Amazon (116) were at the forefront of shipping Nickel articles to the United States.

Latest Trends

October 2024

About

Overview In October 2024 United States' Nickel articles exports accounted up to $382M and imports accounted up to $254M, resulting in a positive trade balance of $128M. Between October 2023 and October 2024 the exports of United States'   Nickel articles have increased by $38.2M (11.1%) from $344M to $382M, while imports decreased by $-106M (-29.5%) from $360M to $254M.

Destinations In October 2024, Nickel articles were exported mostly to China ($48.2M), France ($44.7M), Mexico ($41.1M), United Kingdom ($36.6M), and Germany ($31.6M), and were imported mostly from Canada ($73M), United Kingdom ($22.2M), France ($21.2M), Japan ($19.5M), and Mexico ($16.7M).

Growth In October 2024, the increase in Nickel articles's year-by-year exports was explained primarily by an increase in exports to Canada ($22.5M or 166%), China ($14.6M or 43%), and Japan ($12.2M or 253%). In October 2024, the decrease in Nickel articles's year-by-year imports was explained primarily by a decrease in imports from Australia ($-36.3M or -72.9%), Finland ($-5.64M or -72.7%), and Sweden ($-4.11M or -44.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$38.2M(11.1%)
IMPORT GROWTH (October 2023 - October 2024)$-106M(-29.5%)
MAIN EXPORTER (October 2024)Pennsylvania$82.9M
MAIN DESTINATION (October 2024)China$48.2M

This section shows Nickel articles's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Nickel articles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.04B
IMPORTS (2022)$4.52B
NET TRADE (2022)-$1.48B

In 2022, United States exported $3.04B in Nickel articles. The main destinations of United States exports on Nickel articles were China ($459M), Mexico ($328M), United Kingdom ($311M), Canada ($250M), and France ($226M).

In 2022, United States imported $4.52B in Nickel articles, mainly from Canada ($1.42B), Russia ($342M), Norway ($331M), Australia ($318M), and United Kingdom ($305M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nickel articles EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$104M (46.3%)
Canada$102M (69.2%)
United Kingdom$98.8M (46.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nickel articles BY United States WERE (2021 - 2022):
Turkey-$11.1M (-20.8%)
Costa Rica-$4.8M (-25.4%)
Romania-$3.63M (-52.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Nickel articles were:
Indonesia $6.3B
Canada $5.49B
Russia $4.87B
In 2022, United States's main importing competitors in Nickel articles were:
China $12.8B
Japan $4.39B

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Trade Value of Nickel articles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $20.5M
TOP IMPORT POTENTIALCanada+ $160M

Nickel articles’s highest export potential is India. With an export gap of $20.5M.   Nickel articles’s highest import potential is Canada with an import gap of $160M.

See methodology.

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