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2022
Exports $237MWorld Rnk 3 / 75
Flag Rnk 242 / 1216
2022
Destination $22.5M Japan
2021 - 2022
FASTEST GROWING MARKET $22.5MJapan
2022
PRODUCT COMPLEXITY IN Nickel Powder-0.1Rnk 583 / 1025
2022
Imports $26.6MWorld Rnk 13 / 117
Flag Rnk 870 / 1214
2022
Origin $3.51M France
2021 - 2022
FASTEST GROWING ORIGIN $3.51MFrance
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $237M in Nickel Powder, making it the 3rd largest exporter of Nickel Powder in the world. At the same year, Nickel Powder was the 242nd most exported product in United Kingdom. The main destination of Nickel Powder exports from United Kingdom are: Japan ($45.2M), China ($41.4M), France ($24.9M), United States ($19M), and Sweden ($18.9M).

The fastest growing export markets for Nickel Powder of United Kingdom between 2021 and 2022 were Japan ($22.5M), Brazil ($11.7M), and Sweden ($9.04M).

Imports In 2022, United Kingdom imported $26.6M in Nickel Powder, becoming the 13th largest importer of Nickel Powder in the world. At the same year, Nickel Powder was the 870th most imported product in United Kingdom. United Kingdom imports Nickel Powder primarily from: France ($10.1M), United States ($5.63M), Germany ($4.59M), Netherlands ($1.41M), and Australia ($783k).

The fastest growing import markets in Nickel Powder for United Kingdom between 2021 and 2022 were France ($3.51M), United States ($1.71M), and Australia ($783k).

COMPANIES In 2023, leading companies such as Amazon (1) were at the forefront of shipping Nickel Powder from United Kingdom to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Nickel Powder exports accounted up to £8.63M and imports accounted up to £1.68M, resulting in a positive trade balance of £6.95M. Between June 2023 and June 2024 the exports of United Kingdom's   Nickel Powder have decreased by £-8.46M (-49.5%) from £17.1M to £8.63M, while imports increased by £151k (9.91%) from £1.53M to £1.68M.

Destinations In June 2024, Nickel Powder were exported mostly to China (£1.5M), Belgium (£1.27M), France (£1.24M), Germany (£1M), and Sweden (£974k), and were imported mostly from France (£767k), Germany (£608k), United States (£191k), Austria (£28.4k), and Canada (£24.4k).

Growth In June 2024, the decrease in Nickel Powder's year-by-year exports was explained primarily by a decrease in exports to N/A. In June 2024, the increase in Nickel Powder's year-by-year imports was explained primarily by an increase in imports from Germany (£341k or 398%), United States (£173k or 144%), and Canada (£27.4k or 383%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£-8.46M(-49.5%)
IMPORT GROWTH (June 2023 - June 2024)£151k(9.91%)
MAIN EXPORTER (June 2024)Dover£3.52M
MAIN DESTINATION (June 2024)China£1.5M

This section shows Nickel Powder'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 Powder over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$237M
IMPORTS (2022)$26.6M
NET TRADE (2022)$210M

In 2022, United Kingdom exported $237M in Nickel Powder. The main destinations of United Kingdom exports on Nickel Powder were Japan ($45.2M), China ($41.4M), France ($24.9M), United States ($19M), and Sweden ($18.9M).

In 2022, United Kingdom imported $26.6M in Nickel Powder, mainly from France ($10.1M), United States ($5.63M), Germany ($4.59M), Netherlands ($1.41M), and Australia ($783k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nickel Powder EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Japan$22.5M (99.4%)
Brazil$11.7M (2.34k%)
Sweden$9.04M (91.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nickel Powder BY United Kingdom WERE (2021 - 2022):
Chinese Taipei-$13.7M (-70.6%)
Netherlands-$2.08M (-72%)
Spain-$1.72M (-53.6%)
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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 Powder were:
Australia $819M
Canada $510M
In 2022, United Kingdom's main importing competitors in Nickel Powder were:
China $806M
South Korea $432M
United States $325M

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Trade Value of Nickel Powder by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $5.13M
TOP IMPORT POTENTIALCanada+ $713k

Nickel Powder’s highest export potential is China. With an export gap of $5.13M.   Nickel Powder’s highest import potential is Canada with an import gap of $713k.

See methodology.

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