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2022
Exports $97.5MWorld Rnk 7 / 75
Flag Rnk 746 / 1217
2022
Destination $4.03M Germany
2021 - 2022
FASTEST GROWING MARKET $4.03MIndia
2022
PRODUCT COMPLEXITY IN Nickel Powder-0.1Rnk 583 / 1025
2022
Imports $325MWorld Rnk 3 / 117
Flag Rnk 658 / 1216
2022
Origin $96.2M Canada
2021 - 2022
FASTEST GROWING ORIGIN $96.2MCanada
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $97.5M in Nickel Powder, making it the 7th largest exporter of Nickel Powder in the world. At the same year, Nickel Powder was the 746th most exported product in United States. The main destination of Nickel Powder exports from United States are: Germany ($19.9M), Canada ($9.9M), Singapore ($9.72M), China ($7.27M), and India ($5.86M).

The fastest growing export markets for Nickel Powder of United States between 2021 and 2022 were India ($4.03M), Germany ($3.51M), and Canada ($3.45M).

Imports In 2022, United States imported $325M in Nickel Powder, becoming the 3rd largest importer of Nickel Powder in the world. At the same year, Nickel Powder was the 658th most imported product in United States. United States imports Nickel Powder primarily from: Canada ($243M), Russia ($23.5M), United Kingdom ($19M), Australia ($9.82M), and Germany ($9.71M).

The fastest growing import markets in Nickel Powder for United States between 2021 and 2022 were Canada ($96.2M), Russia ($17.1M), and United Kingdom ($8.55M).

COMPANIES In 2023, leading companies such as Euromarket Designs (2), Cinmar (2), and Amazon (1) were at the forefront of shipping Nickel Powder to the United States.

Latest Trends

August 2024

About

Overview In August 2024 United States' Nickel Powder exports accounted up to $10.7M and imports accounted up to $10.5M, resulting in a positive trade balance of $140k. Between August 2023 and August 2024 the exports of United States'   Nickel Powder have increased by $2.38M (28.7%) from $8.3M to $10.7M, while imports decreased by $-207k (-1.93%) from $10.8M to $10.5M.

Destinations In August 2024, Nickel Powder were exported mostly to Germany ($2.74M), China ($2.25M), Singapore ($1.33M), Canada ($895k), and Indonesia ($668k), and were imported mostly from Canada ($6.74M), India ($1.21M), United Kingdom ($922k), Germany ($775k), and Finland ($322k).

Growth In August 2024, the increase in Nickel Powder's year-by-year exports was explained primarily by an increase in exports to Germany ($2.31M or 282%), India ($1.71M or 875%), and Mexico ($706k or 261%). In August 2024, the decrease in Nickel Powder's year-by-year imports was explained primarily by a decrease in imports from United Kingdom ($-606k or -27.2%), China ($-423k or -77.5%), and Finland ($-281k or -88.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$2.38M(28.7%)
IMPORT GROWTH (August 2023 - August 2024)$-207k(-1.93%)
MAIN EXPORTER (August 2024)California$4.96M
MAIN DESTINATION (August 2024)Germany$2.74M

This section shows Nickel Powder'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 Powder over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$97.5M
IMPORTS (2022)$325M
NET TRADE (2022)-$228M

In 2022, United States exported $97.5M in Nickel Powder. The main destinations of United States exports on Nickel Powder were Germany ($19.9M), Canada ($9.9M), Singapore ($9.72M), China ($7.27M), and India ($5.86M).

In 2022, United States imported $325M in Nickel Powder, mainly from Canada ($243M), Russia ($23.5M), United Kingdom ($19M), Australia ($9.82M), and Germany ($9.71M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nickel Powder EXPORT MARKETS FOR United States WERE (2021 - 2022):
India$4.03M (221%)
Germany$3.51M (21.4%)
Canada$3.45M (53.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nickel Powder BY United States WERE (2021 - 2022):
Mexico-$1.82M (-24.9%)
Argentina-$939k (-52.2%)
China-$652k (-8.23%)
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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 Powder were:
Australia $819M
Canada $510M
United Kingdom $237M
In 2022, United States's main importing competitors in Nickel Powder were:
China $806M
South Korea $432M

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Trade Value of Nickel Powder by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $4.96M
TOP IMPORT POTENTIALAustralia+ $6.48M

Nickel Powder’s highest export potential is China. With an export gap of $4.96M.   Nickel Powder’s highest import potential is Australia with an import gap of $6.48M.

See methodology.

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