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2022
Exports $7.17MWorld Rnk 20 / 60
Flag Rnk 904 / 1216
2022
Destination $3.58M Canada
2021 - 2022
FASTEST GROWING MARKET $3.58MCanada
2022
PRODUCT COMPLEXITY IN Nickel Mattes-1.34Rnk 922 / 1025
2022
Imports $370MWorld Rnk 6 / 86
Flag Rnk 320 / 1214
2022
Origin $20.5M Indonesia
2021 - 2022
FASTEST GROWING ORIGIN $20.5MIndonesia
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $7.17M in Nickel Mattes, making it the 20th largest exporter of Nickel Mattes in the world. At the same year, Nickel Mattes was the 904th most exported product in United Kingdom. The main destination of Nickel Mattes exports from United Kingdom are: Canada ($5.44M), United States ($720k), United Arab Emirates ($181k), Sweden ($95.5k), and United Kingdom ($82.6k).

The fastest growing export markets for Nickel Mattes of United Kingdom between 2021 and 2022 were Canada ($3.58M), United States ($622k), and United Arab Emirates ($180k).

Imports In 2022, United Kingdom imported $370M in Nickel Mattes, becoming the 6th largest importer of Nickel Mattes in the world. At the same year, Nickel Mattes was the 320th most imported product in United Kingdom. United Kingdom imports Nickel Mattes primarily from: Indonesia ($346M), Canada ($14.7M), India ($4M), Hungary ($2.76M), and Serbia ($727k).

The fastest growing import markets in Nickel Mattes for United Kingdom between 2021 and 2022 were Indonesia ($20.5M), India ($4M), and Hungary ($2.76M).

Latest Trends

October 2024

About

Overview In October 2024 United Kingdom's Nickel Mattes exports accounted up to £46.7k and imports accounted up to £36.7M, resulting in a negative trade balance of £36.7M. Between September 2023 and October 2024 the exports of United Kingdom's   Nickel Mattes have increased by £34.5k (282%) from £12.2k to £46.7k, while imports increased by £7.98M (27.8%) from £28.7M to £36.7M.

Destinations In October 2024, Nickel Mattes were exported mostly to Canada (£19.6k), Netherlands (£15.4k), United States (£8.1k), New Zealand (£2.63k), and Mali (£1.06k), and were imported mostly from Japan (£34.3M) and Canada (£2.4M).

Growth In October 2024, the increase in Nickel Mattes's year-by-year exports was explained primarily by an increase in exports to . In October 2024, the increase in Nickel Mattes's year-by-year imports was explained primarily by an increase in imports from Germany (£41.2k or 177%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - October 2024)£34.5k(282%)
IMPORT GROWTH (October 2023 - October 2024)£7.98M(27.8%)
MAIN EXPORTER (October 2024)Portsmouth£118k
MAIN DESTINATION (October 2024)Canada£19.6k

This section shows Nickel Mattes's exports and imports data at subnational level for United Kingdom. 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)$7.17M
IMPORTS (2022)$370M
NET TRADE (2022)-$362M

In 2022, United Kingdom exported $7.17M in Nickel Mattes. The main destinations of United Kingdom exports on Nickel Mattes were Canada ($5.44M), United States ($720k), United Arab Emirates ($181k), Sweden ($95.5k), and United Kingdom ($82.6k).

In 2022, United Kingdom imported $370M in Nickel Mattes, mainly from Indonesia ($346M), Canada ($14.7M), India ($4M), Hungary ($2.76M), and Serbia ($727k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nickel Mattes EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Canada$3.58M (193%)
United States$622k (638%)
United Arab Emirates$180k (12.4k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nickel Mattes BY United Kingdom WERE (2021 - 2022):
Netherlands-$2.34M (-97%)
Singapore-$439k (-99.7%)
Italy-$421k (-91.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United Kingdom's main exporting competitors in Nickel Mattes were:
Indonesia $6.27B
Canada $2.02B
Russia $1.83B
In 2022, United Kingdom'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 POTENTIALChina+ $352k
TOP IMPORT POTENTIALCanada+ $6.83M

Nickel Mattes’s highest export potential is China. With an export gap of $352k.   Nickel Mattes’s highest import potential is Canada with an import gap of $6.83M.

See methodology.

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