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2022
Exports $328MWorld Rnk 6 / 71
Flag Rnk 478 / 1217
2022
Destination $78.3M Canada
2021 - 2022
FASTEST GROWING MARKET $78.3MCanada
2022
PRODUCT COMPLEXITY IN Nickel Ore-1.62Rnk 962 / 1025
2022
Imports $120kWorld Rnk 30 / 67
Flag Rnk 1212 / 1216
2022
Origin $23k China
2021 - 2022
FASTEST GROWING ORIGIN $23kFrance
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $328M in Nickel Ore, making it the 6th largest exporter of Nickel Ore in the world. At the same year, Nickel Ore was the 478th most exported product in United States. The main destination of Nickel Ore exports from United States are: Canada ($325M), Brazil ($1.77M), Netherlands ($207k), United Arab Emirates ($151k), and Germany ($56.1k).

The fastest growing export markets for Nickel Ore of United States between 2021 and 2022 were Canada ($78.3M), Brazil ($1.72M), and Netherlands ($205k).

Imports In 2022, United States imported $120k in Nickel Ore, becoming the 30th largest importer of Nickel Ore in the world. At the same year, Nickel Ore was the 1212th most imported product in United States. United States imports Nickel Ore primarily from: China ($65k), France ($23k), United Arab Emirates ($17.9k), Italy ($5.5k), and Canada ($5.42k).

The fastest growing import markets in Nickel Ore for United States between 2021 and 2022 were France ($23k), United Arab Emirates ($17k), and Italy ($5.5k).

Latest Trends

June 2024

About

Overview In June 2024 United States' Nickel Ore exports accounted up to $6.02M and imports accounted up to $151k, resulting in a positive trade balance of $5.87M. Between June 2023 and June 2024 the exports of United States'   Nickel Ore have decreased by $-27.9M (-82.3%) from $33.9M to $6.02M, while imports increased by $151k (N/A%) from $0 to $151k.

Destinations In June 2024, Nickel Ore were exported mostly to Canada ($3.3M), Thailand ($2.66M), France ($25.5k), Netherlands ($20.1k), and Malaysia ($6.93k), and were imported mostly from Italy ($136k), Germany ($7.44k), Mexico ($5.58k), Canada ($2.03k), and China ($0).

Growth In June 2024, the decrease in Nickel Ore's year-by-year exports was explained primarily by a decrease in exports to Brazil ($-201k or -72.9%). In June 2024, the increase in Nickel Ore's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-27.9M(-82.3%)
IMPORT GROWTH (June 2023 - June 2024)$151k(N/A%)
MAIN EXPORTER (June 2024)Michigan$17.8M
MAIN DESTINATION (June 2024)Canada$3.3M

This section shows Nickel Ore'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 Ore over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$328M
IMPORTS (2022)$120k
NET TRADE (2022)$327M

In 2022, United States exported $328M in Nickel Ore. The main destinations of United States exports on Nickel Ore were Canada ($325M), Brazil ($1.77M), Netherlands ($207k), United Arab Emirates ($151k), and Germany ($56.1k).

In 2022, United States imported $120k in Nickel Ore, mainly from China ($65k), France ($23k), United Arab Emirates ($17.9k), Italy ($5.5k), and Canada ($5.42k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nickel Ore EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$78.3M (31.7%)
Brazil$1.72M (3.42k%)
Netherlands$205k (8.59k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nickel Ore BY United States WERE (2021 - 2022):
South Korea-$157k (-99.6%)
India-$132k (-100%)
Singapore-$78.6k (-75.4%)
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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 Ore were:
Philippines $1.29B
New Caledonia $825M
Russia $411M
In 2022, United States's main importing competitors in Nickel Ore were:
China $2.96B
Canada $527M
South Korea $339M

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Trade Value of Nickel Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBrazil+ $319k
TOP IMPORT POTENTIALCanada+ $30.2k

Nickel Ore’s highest export potential is Brazil. With an export gap of $319k.   Nickel Ore’s highest import potential is Canada with an import gap of $30.2k.

See methodology.

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