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2022
Exports $976MWorld Rnk 1 / 97
Flag Rnk 261 / 1217
2022
Destination $84.7M China
2021 - 2022
FASTEST GROWING MARKET $84.7MMexico
2022
PRODUCT COMPLEXITY IN Nickel Bars1.16Rnk 113 / 1025
2022
Imports $540MWorld Rnk 1 / 170
Flag Rnk 518 / 1216
2022
Origin $52.9M France
2021 - 2022
FASTEST GROWING ORIGIN $52.9MFrance
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $976M in Nickel Bars, making it the 1st largest exporter of Nickel Bars in the world. At the same year, Nickel Bars was the 261st most exported product in United States. The main destination of Nickel Bars exports from United States are: China ($218M), Mexico ($209M), France ($122M), United Kingdom ($64.8M), and Canada ($45.4M).

The fastest growing export markets for Nickel Bars of United States between 2021 and 2022 were Mexico ($84.7M), France ($81.3M), and United Kingdom ($39.5M).

Imports In 2022, United States imported $540M in Nickel Bars, becoming the 1st largest importer of Nickel Bars in the world. At the same year, Nickel Bars was the 518th most imported product in United States. United States imports Nickel Bars primarily from: France ($117M), Germany ($107M), Italy ($67.8M), Australia ($49.2M), and Sweden ($42.7M).

The fastest growing import markets in Nickel Bars for United States between 2021 and 2022 were France ($52.9M), Italy ($51.1M), and Germany ($39.1M).

COMPANIES In 2023, leading companies such as Magna International (1) were at the forefront of shipping Nickel Bars to the United States.

Latest Trends

September 2024

About

Overview In September 2024 United States' Nickel Bars exports accounted up to $113M and imports accounted up to $38.3M, resulting in a positive trade balance of $74.8M. Between September 2023 and September 2024 the exports of United States'   Nickel Bars have decreased by $-7.92M (-6.55%) from $121M to $113M, while imports increased by $6.39M (20%) from $31.9M to $38.3M.

Destinations In September 2024, Nickel Bars were exported mostly to Mexico ($24.2M), China ($15M), United Kingdom ($14.3M), France ($11.7M), and Canada ($8.57M), and were imported mostly from Australia ($10.2M), Germany ($8.46M), Italy ($5.94M), Sweden ($2.7M), and United Kingdom ($2.13M).

Growth In September 2024, the decrease in Nickel Bars's year-by-year exports was explained primarily by a decrease in exports to Belgium ($-939k or -15.1%), Singapore ($-339k or -23%), and Australia ($-50k or -89.8%). In September 2024, the increase in Nickel Bars's year-by-year imports was explained primarily by an increase in imports from France ($11M or 173%), Italy ($8.59M or 3.83k%), and Germany ($2.41M or 37.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$-7.92M(-6.55%)
IMPORT GROWTH (September 2023 - September 2024)$6.39M(20%)
MAIN EXPORTER (September 2024)Pennsylvania$58.4M
MAIN DESTINATION (September 2024)Mexico$24.2M

This section shows Nickel Bars'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 Bars over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$976M
IMPORTS (2022)$540M
NET TRADE (2022)$436M

In 2022, United States exported $976M in Nickel Bars. The main destinations of United States exports on Nickel Bars were China ($218M), Mexico ($209M), France ($122M), United Kingdom ($64.8M), and Canada ($45.4M).

In 2022, United States imported $540M in Nickel Bars, mainly from France ($117M), Germany ($107M), Italy ($67.8M), Australia ($49.2M), and Sweden ($42.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nickel Bars EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$84.7M (68.2%)
France$81.3M (199%)
United Kingdom$39.5M (156%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nickel Bars BY United States WERE (2021 - 2022):
Romania-$3.83M (-67.7%)
Costa Rica-$3.52M (-24.3%)
Spain-$2.84M (-30%)
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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 Bars were:
Germany $530M
France $397M
In 2022, United States's main importing competitors in Nickel Bars were:
Germany $390M
China $337M

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Trade Value of Nickel Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $9.41M
TOP IMPORT POTENTIALChina+ $6.13M

Nickel Bars’s highest export potential is Canada. With an export gap of $9.41M.   Nickel Bars’s highest import potential is China with an import gap of $6.13M.

See methodology.

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