2022
Exports
$510MWorld Rnk 2 / 75
Flag Rnk 170 / 1210
2022
PRODUCT COMPLEXITY IN Nickel Powder
-0.1Rnk 583 / 1025
2022
Imports
$57.1MWorld Rnk 8 / 117
Flag Rnk 680 / 1213
2022
ECONOMIC COMPLEXITY of Canada
0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $510M in Nickel Powder, making it the 2nd largest exporter of Nickel Powder in the world. At the same year, Nickel Powder was the 170th most exported product in Canada. The main destination of Nickel Powder exports from Canada are: United States ($243M), Japan ($112M), China ($50.5M), Chinese Taipei ($24.6M), and Belgium ($23.3M).

The fastest growing export markets for Nickel Powder of Canada between 2021 and 2022 were United States ($96.2M), Japan ($47.4M), and China ($20M).

Imports In 2022, Canada imported $57.1M in Nickel Powder, becoming the 8th largest importer of Nickel Powder in the world. At the same year, Nickel Powder was the 680th most imported product in Canada. Canada imports Nickel Powder primarily from: Australia ($25.4M), United States ($9.9M), United Kingdom ($8.34M), China ($7.1M), and Canada ($2.58M).

The fastest growing import markets in Nickel Powder for Canada between 2021 and 2022 were Australia ($16.6M), United States ($3.45M), and Canada ($2.13M).

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)C$-18M(-45.8%)
IMPORT GROWTH (July 2023 - July 2024)C$-182k(-3.31%)
MAIN EXPORTER (July 2024)OntarioC$22.3M
MAIN DESTINATION (July 2024)United StatesC$7.4M

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 (2022)$510M
IMPORTS (2022)$57.1M
NET TRADE (2022)$453M

In 2022, Canada exported $510M in Nickel Powder. The main destinations of Canada exports on Nickel Powder were United States ($243M), Japan ($112M), China ($50.5M), Chinese Taipei ($24.6M), and Belgium ($23.3M).

In 2022, Canada imported $57.1M in Nickel Powder, mainly from Australia ($25.4M), United States ($9.9M), United Kingdom ($8.34M), China ($7.1M), and Canada ($2.58M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nickel Powder EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$96.2M (65.6%)
Japan$47.4M (73.7%)
China$20M (65.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nickel Powder BY Canada WERE (2021 - 2022):
Chinese Taipei-$46.3M (-65.3%)
Germany-$1.5M (-46.6%)
Sweden-$345k (-9.55%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Nickel Powder were:
In 2022, 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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