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2018
Exports $1.82MWorld Rnk 28 / 88
Flag Rnk 949 / 1212
2018
Destination $440k United States
2022 - 2023
FASTEST GROWING MARKET $440kUnited States
2023
PRODUCT COMPLEXITY IN Nickel Sheets1.24Rnk 91 / 1025
2018
Imports $33.1MWorld Rnk 15 / 155
Flag Rnk 762 / 1211
2018
Origin $4.1M United States
2022 - 2023
FASTEST GROWING ORIGIN $4.1MUnited States
2023
ECONOMIC COMPLEXITY of Canada0.9Rnk 30 / 132

About

Exports In 2018, Canada exported $1.82M in Nickel Sheets, making it the 28th largest exporter of Nickel Sheets in the world. At the same year, Nickel Sheets was the 949th most exported product in Canada. The main destination of Nickel Sheets exports from Canada are: United States ($1.29M), Germany ($104k), Sweden ($98k), India ($87.3k), and Italy ($62.4k).

The fastest growing export markets for Nickel Sheets of Canada between 2022 and 2023 were United States ($440k), Italy ($62.4k), and Sweden ($58.1k).

Imports In 2023, Canada imported $33.1M in Nickel Sheets, becoming the 15th largest importer of Nickel Sheets in the world. At the same year, Nickel Sheets was the 762nd most imported product in Canada. Canada imports Nickel Sheets primarily from: United States ($24M), Germany ($6.56M), Japan ($943k), Austria ($871k), and France ($326k).

The fastest growing import markets in Nickel Sheets for Canada between 2022 and 2023 were United States ($4.1M), Japan ($378k), and Austria ($322k).

Latest Trends

December 2024

About

Overview In December 2024 Canada's Nickel Sheets exports accounted up to C$107k and imports accounted up to C$2.49M, resulting in a negative trade balance of C$2.39M. Between December 2023 and December 2024 the exports of Canada's   Nickel Sheets have increased by C$70.9k (196%) from C$36.2k to C$107k, while imports decreased by C$-282k (-10.2%) from C$2.77M to C$2.49M.

Destinations In December 2024, Nickel Sheets were exported mostly to United States (C$95.8k) and United Kingdom (C$11.3k), and were imported mostly from United States (C$1.98M), Germany (C$451k), Japan (C$54.4k), France (C$3.85k), and Netherlands (C$685).

Growth In December 2024, the increase in Nickel Sheets's year-by-year exports was explained primarily by an increase in exports to United States (C$377k or 3.41k%). In December 2024, the decrease in Nickel Sheets's year-by-year imports was explained primarily by a decrease in imports from United States (C$-1.29M or -37.9%), Japan (C$-42.6k or -25.9%), and United Kingdom (C$-10.8k or -95.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)C$70.9k(196%)
IMPORT GROWTH (December 2023 - December 2024)C$-282k(-10.2%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)United StatesC$95.8k

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 (2023)$1.82M
IMPORTS (2023)$33.1M
NET TRADE (2023)-$31.3M

In 2023, Canada exported $1.82M in Nickel Sheets. The main destinations of Canada exports on Nickel Sheets were United States ($1.29M), Germany ($104k), Sweden ($98k), India ($87.3k), and Italy ($62.4k).

In 2023, Canada imported $33.1M in Nickel Sheets, mainly from United States ($24M), Germany ($6.56M), Japan ($943k), Austria ($871k), and France ($326k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Nickel Sheets EXPORT MARKETS FOR Canada WERE (2022 - 2023):
United States$440k (51.7%)
Italy$62.4k (1%)
Sweden$58.1k (145%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nickel Sheets BY Canada WERE (2022 - 2023):
Pakistan-$254k (-100%)
India-$170k (-66.1%)
Iran-$141k (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Canada's main exporting competitors in Nickel Sheets were:
United States $668M
Germany $581M
Japan $459M
In 2023, Canada's main importing competitors in Nickel Sheets were:
China $477M
United States $197M
Italy $189M

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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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