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2022
Exports $59.6MWorld Rnk 14 / 135
Flag Rnk 467 / 1210
2022
Destination $4.15M United States
2021 - 2022
FASTEST GROWING MARKET $4.15MBrazil
2022
PRODUCT COMPLEXITY IN Other Nickel Products1.47Rnk 61 / 1025
2022
Imports $75.1MWorld Rnk 8 / 195
Flag Rnk 626 / 1213
2022
Origin $24.5M United States
2021 - 2022
FASTEST GROWING ORIGIN $24.5MUnited States
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $59.6M in Other Nickel Products, making it the 14th largest exporter of Other Nickel Products in the world. At the same year, Other Nickel Products was the 467th most exported product in Canada. The main destination of Other Nickel Products exports from Canada are: United States ($28.7M), Brazil ($4.79M), France ($3.87M), Germany ($3.58M), and Poland ($3.55M).

The fastest growing export markets for Other Nickel Products of Canada between 2021 and 2022 were Brazil ($4.15M), Chinese Taipei ($2.62M), and Poland ($1.14M).

Imports In 2022, Canada imported $75.1M in Other Nickel Products, becoming the 8th largest importer of Other Nickel Products in the world. At the same year, Other Nickel Products was the 626th most imported product in Canada. Canada imports Other Nickel Products primarily from: United States ($52.3M), United Kingdom ($10.4M), France ($2.42M), China ($2.32M), and Mexico ($1.37M).

The fastest growing import markets in Other Nickel Products for Canada between 2021 and 2022 were United States ($24.5M), China ($969k), and Mexico ($945k).

Latest Trends

August 2024

About

Overview In August 2024 Canada's Other Nickel Products exports accounted up to C$4.55M and imports accounted up to C$14.9M, resulting in a negative trade balance of C$10.4M. Between August 2023 and August 2024 the exports of Canada's   Other Nickel Products have decreased by C$-309k (-6.35%) from C$4.86M to C$4.55M, while imports decreased by C$-3.23M (-17.8%) from C$18.1M to C$14.9M.

Destinations In August 2024, Other Nickel Products were exported mostly to United States (C$3.79M), France (C$526k), United Kingdom (C$70.4k), Germany (C$62k), and Singapore (C$42.2k), and were imported mostly from United States (C$10.6M), United Kingdom (C$1.17M), China (C$609k), Mexico (C$540k), and France (C$459k).

Growth In August 2024, the decrease in Other Nickel Products's year-by-year exports was explained primarily by a decrease in exports to United States (C$-337k or -12.1%), United Kingdom (C$-117k or -57.4%), and Brazil (C$-42.4k or -97.3%). In August 2024, the decrease in Other Nickel Products's year-by-year imports was explained primarily by a decrease in imports from Canada (C$-336k or -81.4%), Romania (C$-151k or -97.1%), and Poland (C$-28.3k or -52.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)C$-309k(-6.35%)
IMPORT GROWTH (August 2023 - August 2024)C$-3.23M(-17.8%)
MAIN EXPORTER (August 2024)QuebecC$4.14M
MAIN DESTINATION (August 2024)United StatesC$3.79M

This section shows Other Nickel Products'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 Other Nickel Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$59.6M
IMPORTS (2022)$75.1M
NET TRADE (2022)-$15.6M

In 2022, Canada exported $59.6M in Other Nickel Products. The main destinations of Canada exports on Other Nickel Products were United States ($28.7M), Brazil ($4.79M), France ($3.87M), Germany ($3.58M), and Poland ($3.55M).

In 2022, Canada imported $75.1M in Other Nickel Products, mainly from United States ($52.3M), United Kingdom ($10.4M), France ($2.42M), China ($2.32M), and Mexico ($1.37M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Nickel Products EXPORT MARKETS FOR Canada WERE (2021 - 2022):
Brazil$4.15M (645%)
Chinese Taipei$2.62M (962%)
Poland$1.14M (47.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Nickel Products BY Canada WERE (2021 - 2022):
United States-$3.27M (-10.2%)
France-$2.32M (-37.5%)
Italy-$455k (-87%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Other Nickel Products were:
United States $864M
United Kingdom $310M
Finland $200M
In 2022, Canada's main importing competitors in Other Nickel Products were:
Singapore $377M
United States $339M
China $227M

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Trade Value of Other Nickel Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $7.53M
TOP IMPORT POTENTIALUnited States+ $8.81M

Other Nickel Products’s highest export potential is United States. With an export gap of $7.53M.   Other Nickel Products’s highest import potential is United States with an import gap of $8.81M.

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