2022
Exports
$52.2MWorld Rnk 13 / 97
Flag Rnk 584 / 1212
2022
PRODUCT COMPLEXITY IN Nickel Bars
1.16Rnk 113 / 1025
2022
Imports
$135MWorld Rnk 8 / 170
Flag Rnk 395 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $52.2M in Nickel Bars, making it the 13th largest exporter of Nickel Bars in the world. At the same year, Nickel Bars was the 584th most exported product in India. The main destination of Nickel Bars exports from India are: Mexico ($13M), United States ($5.46M), Turkey ($4.87M), Brazil ($4.24M), and Romania ($3.38M).

The fastest growing export markets for Nickel Bars of India between 2021 and 2022 were Mexico ($4.08M), Turkey ($3.05M), and Romania ($1.83M).

Imports In 2022, India imported $135M in Nickel Bars, becoming the 8th largest importer of Nickel Bars in the world. At the same year, Nickel Bars was the 395th most imported product in India. India imports Nickel Bars primarily from: China ($44.8M), United Kingdom ($14.4M), United States ($12M), Germany ($9.94M), and Sweden ($8.73M).

The fastest growing import markets in Nickel Bars for India between 2021 and 2022 were China ($15.5M), United Kingdom ($7.14M), and Austria ($4M).

Latest Trends

Sep 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Nickel Bars. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$52.2M
IMPORTS (2022)$135M
NET TRADE (2022)-$82.7M

In 2022, India exported $52.2M in Nickel Bars. The main destinations of India exports on Nickel Bars were Mexico ($13M), United States ($5.46M), Turkey ($4.87M), Brazil ($4.24M), and Romania ($3.38M).

In 2022, India imported $135M in Nickel Bars, mainly from China ($44.8M), United Kingdom ($14.4M), United States ($12M), Germany ($9.94M), and Sweden ($8.73M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nickel Bars EXPORT MARKETS FOR India WERE (2021 - 2022):
Mexico$4.08M (45.5%)
Turkey$3.05M (168%)
Romania$1.83M (117%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nickel Bars BY India WERE (2021 - 2022):
Netherlands-$1.05M (-78.8%)
United States-$824k (-13.1%)
Germany-$447k (-26.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Nickel Bars were:
In 2022, India's main importing competitors in Nickel Bars were:

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Trade Value of Nickel Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $5.25M
TOP IMPORT POTENTIALUnited States+ $7.18M

Nickel Bars’s highest export potential is United States. With an export gap of $5.25M.   Nickel Bars’s highest import potential is United States with an import gap of $7.18M.

See methodology.

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