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2022
Exports $3.08MWorld Rnk 24 / 82
Flag Rnk 925 / 1210
2022
Destination $1.07M United States
2021 - 2022
FASTEST GROWING MARKET $1.07MUnited States
2022
PRODUCT COMPLEXITY IN Nickel Sheets1.38Rnk 77 / 1025
2022
Imports $32.4MWorld Rnk 17 / 149
Flag Rnk 784 / 1213
2022
Origin $5.33M United States
2021 - 2022
FASTEST GROWING ORIGIN $5.33MUnited States
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $3.08M in Nickel Sheets, making it the 24th largest exporter of Nickel Sheets in the world. At the same year, Nickel Sheets was the 925th most exported product in Canada. The main destination of Nickel Sheets exports from Canada are: United States ($2.41M), Pakistan ($254k), Germany ($136k), United Kingdom ($101k), and Sweden ($39.9k).

The fastest growing export markets for Nickel Sheets of Canada between 2021 and 2022 were United States ($1.07M), Pakistan ($254k), and Sweden ($39.9k).

Imports In 2022, Canada imported $32.4M in Nickel Sheets, becoming the 17th largest importer of Nickel Sheets in the world. At the same year, Nickel Sheets was the 784th most imported product in Canada. Canada imports Nickel Sheets primarily from: United States ($21.2M), Germany ($9.23M), France ($597k), Austria ($566k), and Japan ($444k).

The fastest growing import markets in Nickel Sheets for Canada between 2021 and 2022 were United States ($5.33M), Germany ($3.14M), and United Kingdom ($162k).

Latest Trends

September 2024

About

Overview In September 2024 Canada's Nickel Sheets exports accounted up to C$152k and imports accounted up to C$2.14M, resulting in a negative trade balance of C$1.99M. Between September 2023 and September 2024 the exports of Canada's   Nickel Sheets have increased by C$37.9k (33.3%) from C$114k to C$152k, while imports decreased by C$-1.29M (-37.6%) from C$3.43M to C$2.14M.

Destinations In September 2024, Nickel Sheets were exported mostly to United States (C$114k), Mexico (C$14.8k), Germany (C$13.3k), India (C$7.03k), and United Kingdom (C$2.44k), and were imported mostly from United States (C$1.77M), Germany (C$315k), China (C$20.4k), France (C$17.2k), and Italy (C$12.2k).

Growth In September 2024, the increase in Nickel Sheets's year-by-year exports was explained primarily by an increase in exports to Germany (C$3.97k or 36.4%). In September 2024, the decrease in Nickel Sheets's year-by-year imports was explained primarily by a decrease in imports from Germany (C$-2.72M or -95.5%), China (C$-1.89k or -94.1%), and United Kingdom (C$-550 or -4.64%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)C$37.9k(33.3%)
IMPORT GROWTH (September 2023 - September 2024)C$-1.29M(-37.6%)
MAIN EXPORTER (September 2024)QuebecC$290k
MAIN DESTINATION (September 2024)United StatesC$114k

This section shows Nickel Sheets'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 Sheets over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.08M
IMPORTS (2022)$32.4M
NET TRADE (2022)-$29.4M

In 2022, Canada exported $3.08M in Nickel Sheets. The main destinations of Canada exports on Nickel Sheets were United States ($2.41M), Pakistan ($254k), Germany ($136k), United Kingdom ($101k), and Sweden ($39.9k).

In 2022, Canada imported $32.4M in Nickel Sheets, mainly from United States ($21.2M), Germany ($9.23M), France ($597k), Austria ($566k), and Japan ($444k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nickel Sheets EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$1.07M (79.5%)
Pakistan$254k (1%)
Sweden$39.9k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nickel Sheets BY Canada WERE (2021 - 2022):
Hungary-$17.1k (-60.9%)
Singapore-$16.1k (-100%)
Canada-$7.09k (-62.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Nickel Sheets were:
Germany $626M
United States $513M
Japan $302M
In 2022, Canada's main importing competitors in Nickel Sheets were:
China $351M
United States $204M
Germany $153M

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Trade Value of Nickel Sheets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.37M
TOP IMPORT POTENTIALUnited States+ $4.78M

Nickel Sheets’s highest export potential is United States. With an export gap of $1.37M.   Nickel Sheets’s highest import potential is United States with an import gap of $4.78M.

See methodology.

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