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2022
Exports $2.02BWorld Rnk 2 / 60
Flag Rnk 42 / 1210
2022
Destination $585M Norway
2021 - 2022
FASTEST GROWING MARKET $585MNorway
2022
PRODUCT COMPLEXITY IN Nickel Mattes-1.34Rnk 922 / 1025
2022
Imports $187MWorld Rnk 8 / 86
Flag Rnk 422 / 1213
2022
Origin $85.4M Finland
2021 - 2022
FASTEST GROWING ORIGIN $85.4MFinland
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $2.02B in Nickel Mattes, making it the 2nd largest exporter of Nickel Mattes in the world. At the same year, Nickel Mattes was the 42nd most exported product in Canada. The main destination of Nickel Mattes exports from Canada are: Norway ($1.99B), United Kingdom ($14.7M), Cuba ($12.2M), Japan ($1.83M), and Belgium ($1.53M).

The fastest growing export markets for Nickel Mattes of Canada between 2021 and 2022 were Norway ($585M), Cuba ($6.44M), and Japan ($1.83M).

Imports In 2022, Canada imported $187M in Nickel Mattes, becoming the 8th largest importer of Nickel Mattes in the world. At the same year, Nickel Mattes was the 422nd most imported product in Canada. Canada imports Nickel Mattes primarily from: Finland ($121M), Germany ($49M), United Kingdom ($5.44M), United States ($4.03M), and Chinese Taipei ($3.72M).

The fastest growing import markets in Nickel Mattes for Canada between 2021 and 2022 were Finland ($85.4M), United Kingdom ($3.58M), and Germany ($3.53M).

Latest Trends

July 2024

About

Overview In July 2024 Canada's Nickel Mattes exports accounted up to C$138M and imports accounted up to C$20.1M, resulting in a positive trade balance of C$118M. Between July 2023 and July 2024 the exports of Canada's   Nickel Mattes have increased by C$45.2M (48.4%) from C$93.2M to C$138M, while imports increased by C$11.2M (127%) from C$8.83M to C$20.1M.

Destinations In July 2024, Nickel Mattes were exported mostly to Norway (C$126M), United Kingdom (C$10.4M), and United States (C$1.97M), and were imported mostly from Finland (C$9.71M), Germany (C$7.58M), United States (C$2.15M), Canada (C$280k), and India (C$190k).

Growth In July 2024, the increase in Nickel Mattes's year-by-year exports was explained primarily by an increase in exports to Norway (C$110M or 65.6%). In July 2024, the increase in Nickel Mattes's year-by-year imports was explained primarily by an increase in imports from United States (C$85.6k or 11.9%) and Italy (C$3.54k or 680%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)C$45.2M(48.4%)
IMPORT GROWTH (July 2023 - July 2024)C$11.2M(127%)
MAIN EXPORTER (July 2024)OntarioC$171M
MAIN DESTINATION (July 2024)NorwayC$126M

This section shows Nickel Mattes's exports and imports data at subnational level for Canada. 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 Mattes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.02B
IMPORTS (2022)$187M
NET TRADE (2022)$1.84B

In 2022, Canada exported $2.02B in Nickel Mattes. The main destinations of Canada exports on Nickel Mattes were Norway ($1.99B), United Kingdom ($14.7M), Cuba ($12.2M), Japan ($1.83M), and Belgium ($1.53M).

In 2022, Canada imported $187M in Nickel Mattes, mainly from Finland ($121M), Germany ($49M), United Kingdom ($5.44M), United States ($4.03M), and Chinese Taipei ($3.72M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nickel Mattes EXPORT MARKETS FOR Canada WERE (2021 - 2022):
Norway$585M (41.6%)
Cuba$6.44M (111%)
Japan$1.83M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nickel Mattes BY Canada WERE (2021 - 2022):
United Kingdom-$66M (-81.8%)
South Korea-$24.3M (-95.9%)
Netherlands-$7.35M (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Nickel Mattes were:
Indonesia $6.27B
Russia $1.83B
In 2022, Canada's main importing competitors in Nickel Mattes were:
China $6.97B
Norway $2.48B
Japan $2.45B

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Trade Value of Nickel Mattes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $6.83M
TOP IMPORT POTENTIALUnited States+ $1.19M

Nickel Mattes’s highest export potential is United Kingdom. With an export gap of $6.83M.   Nickel Mattes’s highest import potential is United States with an import gap of $1.19M.

See methodology.

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