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2022
Exports $221MWorld Rnk 1 / 98
Flag Rnk 568 / 1217
2022
Destination $22.1M Canada
2021 - 2022
FASTEST GROWING MARKET $22.1MCanada
2022
PRODUCT COMPLEXITY IN Nickel Pipes0.96Rnk 188 / 1025
2022
Imports $241MWorld Rnk 1 / 180
Flag Rnk 720 / 1216
2022
Origin $19.9M Sweden
2021 - 2022
FASTEST GROWING ORIGIN $19.9MUnited Kingdom
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $221M in Nickel Pipes, making it the 1st largest exporter of Nickel Pipes in the world. At the same year, Nickel Pipes was the 568th most exported product in United States. The main destination of Nickel Pipes exports from United States are: Canada ($42.6M), Mexico ($21.2M), Germany ($15.5M), China ($12.7M), and South Korea ($11.1M).

The fastest growing export markets for Nickel Pipes of United States between 2021 and 2022 were Canada ($22.1M), Mexico ($6.12M), and Chinese Taipei ($4.49M).

Imports In 2022, United States imported $241M in Nickel Pipes, becoming the 1st largest importer of Nickel Pipes in the world. At the same year, Nickel Pipes was the 720th most imported product in United States. United States imports Nickel Pipes primarily from: Sweden ($63.4M), Germany ($36.2M), Canada ($35.3M), United Kingdom ($31.8M), and France ($18.4M).

The fastest growing import markets in Nickel Pipes for United States between 2021 and 2022 were United Kingdom ($19.9M), Sweden ($16.9M), and Canada ($13.5M).

COMPANIES In 2023, leading companies such as Victaulic (199), Hafele (186), and CrimsonLogic (66) were at the forefront of shipping Nickel Pipes to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Nickel Pipes exports accounted up to $28.6M and imports accounted up to $25.3M, resulting in a positive trade balance of $3.3M. Between June 2023 and June 2024 the exports of United States'   Nickel Pipes have increased by $9.73M (51.5%) from $18.9M to $28.6M, while imports increased by $4.33M (20.6%) from $21M to $25.3M.

Destinations In June 2024, Nickel Pipes were exported mostly to Germany ($4.42M), China ($3.77M), Mexico ($2.48M), United Kingdom ($2.37M), and Canada ($2.05M), and were imported mostly from Germany ($6.88M), Canada ($5.68M), Italy ($2.75M), Japan ($2.06M), and United Kingdom ($1.72M).

Growth In June 2024, the increase in Nickel Pipes's year-by-year exports was explained primarily by an increase in exports to Canada ($7.56M or 326%), India ($2.14M or 869%), and Brazil ($1.08M or 407%). In June 2024, the increase in Nickel Pipes's year-by-year imports was explained primarily by an increase in imports from United Kingdom ($3.29M or 303%), Japan ($783k or 555%), and India ($687k or 368%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$9.73M(51.5%)
IMPORT GROWTH (June 2023 - June 2024)$4.33M(20.6%)
MAIN EXPORTER (June 2024)California$6.05M
MAIN DESTINATION (June 2024)Germany$4.42M

This section shows Nickel Pipes'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 Pipes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$221M
IMPORTS (2022)$241M
NET TRADE (2022)-$20.2M

In 2022, United States exported $221M in Nickel Pipes. The main destinations of United States exports on Nickel Pipes were Canada ($42.6M), Mexico ($21.2M), Germany ($15.5M), China ($12.7M), and South Korea ($11.1M).

In 2022, United States imported $241M in Nickel Pipes, mainly from Sweden ($63.4M), Germany ($36.2M), Canada ($35.3M), United Kingdom ($31.8M), and France ($18.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nickel Pipes EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$22.1M (108%)
Mexico$6.12M (40.7%)
Chinese Taipei$4.49M (170%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nickel Pipes BY United States WERE (2021 - 2022):
France-$15M (-57.8%)
China-$3.4M (-21.1%)
Belgium-$2.26M (-72.8%)
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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 Pipes were:
Germany $190M
Italy $114M
In 2022, United States's main importing competitors in Nickel Pipes were:
China $92.4M
Germany $70.5M

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Trade Value of Nickel Pipes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $3.34M
TOP IMPORT POTENTIALCanada+ $4.25M

Nickel Pipes’s highest export potential is China. With an export gap of $3.34M.   Nickel Pipes’s highest import potential is Canada with an import gap of $4.25M.

See methodology.

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