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Pricing

Nickel; tubes, pipes and tube or pipe fittings (e.g. couplings, elbows, sleeves)

7507 (Harmonized System 1992 for 4-digit)

2023
World Trade $1.55BRnk 828 / 1217
2023
Top Exporter | Top Importer $262M | $223MUnited States | United States
2023
Product Complexity 1.19Rnk 109 / 1044
2022 - 2023
Export Growth (CAGR) 25.9%Rnk 44 / 1217
2023
Share of World Trade 0.0069%Rnk 828 / 1217

About

Overview This page contains the latest trade data of Nickel Pipes. In 2023, Nickel Pipes were the world's 828th most traded product, with a total trade of $1.55B. Between 2022 and 2023 the exports of Nickel Pipes grew by 25.9%, from $1.23B to $1.55B. Trade in Nickel Pipes represent 0.0069% of total world trade.

Nickel Pipes are a part of Nickel articles. They include Tubes and pipe, nickel alloy, Fittings, pipe and tube, nickel, and Tubes and pipe, nickel, not alloyed.

Exports In 2023 the top exporters of Nickel Pipes  were United States ($262M), Germany ($198M), China ($195M), United Kingdom ($163M), and Italy ($138M).

Imports In 2023 the top importers of Nickel Pipes were United States ($223M), China ($125M), Germany ($92.5M), India ($85.9M), and Italy ($81.5M).

Ranking Nickel Pipes ranks 109th in the Product Complexity Index (PCI).

Description Nickel tubes, pipes and tube or pipe fittings are used in the production of other goods. They can be made from a variety of materials, including steel, copper, brass, and nickel.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Nickel Pipes. 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 (2023)United States$262M
Top Destination (2023)United States$223M

In 2023 Nickel Pipes were the world's 828th most traded product (out of 1,217).

In 2023, the top exporters of Nickel Pipes were United States ($262M), Germany ($198M), China ($195M), United Kingdom ($163M), and Italy ($138M).

In 2023, the top importers of Nickel Pipes were United States ($223M), China ($125M), Germany ($92.5M), India ($85.9M), and Italy ($81.5M).

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Exporters of Nickel Pipes (2023)
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Importers of Nickel Pipes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$103M
Top Destination Growth (2022 -  2023)Italy$40.1M

Between 2022 and 2023, the exports of Nickel Pipes grew the fastest in China ($103M), Japan ($48.6M), United Kingdom ($46.7M), United States ($41.8M), and France ($25.8M).

Between 2022 and 2023, the fastest growing importers of Nickel Pipes were Italy ($40.1M), India ($38.1M), Brazil ($33.7M), United Arab Emirates ($33.3M), and Netherlands ($30.9M).

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Exporters of Nickel Pipes (2022 - 2023)

Importers of Nickel Pipes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Nickel Pipes.

In 2023, market concentration measured using Shannon Entropy, was 3.9. This means that most of the exports of Nickel Pipes are explained by 14 countries.

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Value of Exports in Nickel Pipes

Net Trade

TOP NET EXPORTER (2023)Japan$111M
TOP NET IMPORTER (2023)Saudi Arabia$48.5M

This map shows which countries export or import more of Nickel Pipes. Each country is colored based on the difference in exports and imports of Nickel Pipes during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Nickel Pipes were Japan ($111M), United Kingdom ($109M), Germany ($106M), China ($70.5M), and France ($61.4M).

In 2023, the countries that had a largest trade value in imports than in exports of Nickel Pipes were Saudi Arabia ($48.5M), India ($48.4M), United Arab Emirates ($45.7M), Brazil ($44.8M), and Qatar ($39.8M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Nickel Pipes, disaggragated by their HS6 level were Tubes and pipe, nickel alloy ($1.17B), Fittings, pipe and tube, nickel ($329M), and Tubes and pipe, nickel, not alloyed ($55.4M)

HS6 Disaggregation for Nickel Pipes (2023)
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Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Nickel Pipes.
It is possible to select the main countries that export or import Nickel Pipes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Nickel Pipes by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALGermany+ $1.05M
TOP IMPORT POTENTIALUnited States+ $284k

Nickel Pipes’s highest export potential is Germany. With an export gap of $1.05M.  Nickel Pipes’s highest import potential is United States with an import gap of $284k.

See methodology.

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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 (2023)

Related Products

This visualization shows products that are likely to be exported by countries that export Nickel Pipes.

Country by Relatedness

The following visualization shows the relatedness of Nickel Pipes to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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