2023
Exports
$352MWorld Rnk 1 / 69
Flag Rnk 207 / 1212
2023
PRODUCT COMPLEXITY IN Nickel Powder
-0.13Rnk 597 / 1025
2023
Imports
$41.7MWorld Rnk 9 / 116
Flag Rnk 720 / 1211
2023
ECONOMIC COMPLEXITY of Canada
0.9Rnk 30 / 132

About

Exports In 2023, Canada exported $352M in Nickel Powder, making it the 1st largest exporter of Nickel Powder in the world. At the same year, Nickel Powder was the 207th most exported product in Canada. The main destination of Nickel Powder exports from Canada are: United States ($149M), Japan ($90.7M), Brazil ($29.1M), Chinese Taipei ($22.1M), and South Korea ($21.4M).

The fastest growing export markets for Nickel Powder of Canada between 2022 and 2023 were Brazil ($9.09M), United Kingdom ($3.64M), and Ireland ($952k).

Imports In 2023, Canada imported $41.7M in Nickel Powder, becoming the 9th largest importer of Nickel Powder in the world. At the same year, Nickel Powder was the 720th most imported product in Canada. Canada imports Nickel Powder primarily from: Australia ($16.9M), United States ($9.1M), United Kingdom ($7.19M), China ($3.98M), and Ireland ($1.89M).

The fastest growing import markets in Nickel Powder for Canada between 2022 and 2023 were United States ($2.03M), Ireland ($1.89M), and Japan ($134k).

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)C$-18.3M(-47.8%)
IMPORT GROWTH (November 2023 - November 2024)C$6.56M(127%)
MAIN EXPORTER (November 2024)OntarioC$35.8M
MAIN DESTINATION (November 2024)Chinese TaipeiC$6.89M

This section shows Nickel Powder'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 Powder over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$352M
IMPORTS (2023)$41.7M
NET TRADE (2023)$311M

In 2023, Canada exported $352M in Nickel Powder. The main destinations of Canada exports on Nickel Powder were United States ($149M), Japan ($90.7M), Brazil ($29.1M), Chinese Taipei ($22.1M), and South Korea ($21.4M).

In 2023, Canada imported $41.7M in Nickel Powder, mainly from Australia ($16.9M), United States ($9.1M), United Kingdom ($7.19M), China ($3.98M), and Ireland ($1.89M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Nickel Powder EXPORT MARKETS FOR Canada WERE (2022 - 2023):
Brazil$9.09M (45.3%)
United Kingdom$3.64M (625%)
Ireland$952k (976%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nickel Powder BY Canada WERE (2022 - 2023):
United States-$86.9M (-36.8%)
China-$34.5M (-67.7%)
Belgium-$21.3M (-91.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Canada's main exporting competitors in Nickel Powder were:
In 2023, Canada's main importing competitors in Nickel Powder were:

Explore Visualizations

Trade Value of Nickel Powder by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $9.37M
TOP IMPORT POTENTIALUnited States+ $1.97M

Nickel Powder’s highest export potential is China. With an export gap of $9.37M.   Nickel Powder’s highest import potential is United States with an import gap of $1.97M.

See methodology.

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