750511 (Harmonized System 1992 for 6-digit)

About

Overview This page contains the latest trade data of Bars, rods and profiles, nickel, not alloyed. In 2022, Bars, rods and profiles, nickel, not alloyed were the world's 4330th most traded product, with a total trade of $54.9M. Between 2021 and 2022 the exports of Bars, rods and profiles, nickel, not alloyed grew by 20.3%, from $45.7M to $54.9M. Trade in Bars, rods and profiles, nickel, not alloyed represent 0.00023% of total world trade.

Bars, rods and profiles, nickel, not alloyed are a part of Nickel Bars.

Exports In 2022 the top exporters of Bars, rods and profiles, nickel, not alloyed  were Germany ($12.4M), India ($8.52M), United States ($6.47M), Italy ($5.45M), and Switzerland ($4.55M).

Imports In 2022 the top importers of Bars, rods and profiles, nickel, not alloyed were Germany ($6.02M), United States ($4.86M), Malaysia ($4.85M), France ($3.79M), and Austria ($3.04M).

Ranking Bars, rods and profiles, nickel, not alloyed ranks 1201st in the Product Complexity Index (PCI).

Description Bars, Rods, and Profiles are all used in a variety of applications. Bars are typically used for structural purposes, Rods are used primarily for structural purposes, but can also be used for electrical purposes, and Profiles are typically used in mechanical purposes. Nickel, when not alloyed, can be used for a variety of purposes, including electrical and mechanical.

Latest Data

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The following visualization shows the latest trends on Bars, rods and profiles, nickel, not alloyed. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)Germany$12.4M
Top Destination (2022)Germany$6.02M

In 2022 Bars, rods and profiles, nickel, not alloyed were the world's 4330th most traded product (out of 4,648).

In 2022, the top exporters of Bars, rods and profiles, nickel, not alloyed were Germany ($12.4M), India ($8.52M), United States ($6.47M), Italy ($5.45M), and Switzerland ($4.55M).

In 2022, the top importers of Bars, rods and profiles, nickel, not alloyed were Germany ($6.02M), United States ($4.86M), Malaysia ($4.85M), France ($3.79M), and Austria ($3.04M).

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Exporters of Bars, rods and profiles, nickel, not alloyed (2022)
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Importers of Bars, rods and profiles, nickel, not alloyed (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Germany$5.36M
Top Destination Growth (2021 -  2022)United States$3.03M

Between 2021 and 2022, the exports of Bars, rods and profiles, nickel, not alloyed grew the fastest in Germany ($5.36M), United States ($2.26M), China ($1.37M), India ($1.25M), and Japan ($1.24M).

Between 2021 and 2022, the fastest growing importers of Bars, rods and profiles, nickel, not alloyed were United States ($3.03M), France ($1.62M), United Kingdom ($1.43M), Austria ($1.2M), and China ($1.14M).

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Exporters of Bars, rods and profiles, nickel, not alloyed (2021 - 2022)

Importers of Bars, rods and profiles, nickel, not alloyed (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Bars, rods and profiles, nickel, not alloyed.

In 2022, market concentration measured using Shannon Entropy, was 3.68. This means that most of the exports of Bars, rods and profiles, nickel, not alloyed are explained by 12 countries.

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Value of Exports in Bars, rods and profiles, nickel, not alloyed

Net Trade

TOP NET EXPORTER (2022)India$7.98M
TOP NET IMPORTER (2022)Malaysia$4.85M

This map shows which countries export or import more of Bars, rods and profiles, nickel, not alloyed. Each country is colored based on the difference in exports and imports of Bars, rods and profiles, nickel, not alloyed during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Bars, rods and profiles, nickel, not alloyed were India ($7.98M), Germany ($6.39M), Switzerland ($3.99M), Italy ($3.64M), and United States ($1.61M).

In 2022, the countries that had a largest trade value in imports than in exports of Bars, rods and profiles, nickel, not alloyed were Malaysia ($4.85M), France ($3.22M), Romania ($2.77M), Brazil ($2.34M), and Mexico ($2.13M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Bars, rods and profiles, nickel, not alloyed.
It is possible to select the main countries that export or import Bars, rods and profiles, nickel, not alloyed in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Bars, rods and profiles, nickel, not alloyed by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

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