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750220 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.34BRnk 1793 / 4644
2023
Top Exporter | Top Importer $255M | $192MUnited States | Austria
2023
Product Complexity 0.31Rnk 2020 / 4656
2022 - 2023
Export Growth (CAGR) 15.1%Rnk 437 / 4644
2023
Share of World Trade 0.0059%Rnk 1793 / 4644

About

Overview This page contains the latest trade data of Nickel unwrought, alloyed. In 2023, Nickel unwrought, alloyed were the world's 1793rd most traded product, with a total trade of $1.34B. Between 2022 and 2023 the exports of Nickel unwrought, alloyed grew by 15.1%, from $1.17B to $1.34B. Trade in Nickel unwrought, alloyed represent 0.0059% of total world trade.

Nickel unwrought, alloyed are a part of Raw Nickel.

Exports In 2023 the top exporters of Nickel unwrought, alloyed  were United States ($255M), United Kingdom ($246M), Germany ($229M), Australia ($152M), and Belgium ($71.3M).

Imports In 2023 the top importers of Nickel unwrought, alloyed were Austria ($192M), Sweden ($174M), United Kingdom ($132M), United States ($127M), and Germany ($118M).

Ranking Nickel unwrought, alloyed ranks 2020th in the Product Complexity Index (PCI).

Description Nickel is a strong, tough metal that is hard to destroy with heat. It is used in numerous applications, including jewelry, electrical equipment, and in nuclear reactors.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Nickel unwrought, 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 (2023)United States$255M
Top Destination (2023)Austria$192M

In 2023 Nickel unwrought, alloyed were the world's 1793rd most traded product (out of 4,644).

In 2023, the top exporters of Nickel unwrought, alloyed were United States ($255M), United Kingdom ($246M), Germany ($229M), Australia ($152M), and Belgium ($71.3M).

In 2023, the top importers of Nickel unwrought, alloyed were Austria ($192M), Sweden ($174M), United Kingdom ($132M), United States ($127M), and Germany ($118M).

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Exporters of Nickel unwrought, alloyed (2023)
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Importers of Nickel unwrought, alloyed (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Australia$77.2M
Top Destination Growth (2022 -  2023)United States$53.4M

Between 2022 and 2023, the exports of Nickel unwrought, alloyed grew the fastest in Australia ($77.2M), Netherlands ($49.9M), United Kingdom ($47.9M), United States ($36.4M), and Norway ($20.4M).

Between 2022 and 2023, the fastest growing importers of Nickel unwrought, alloyed were United States ($53.4M), United Kingdom ($51.7M), Sweden ($40.3M), Italy ($37.4M), and Poland ($17.5M).

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Exporters of Nickel unwrought, alloyed (2022 - 2023)

Importers of Nickel unwrought, alloyed (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Nickel unwrought, alloyed.

In 2023, market concentration measured using Shannon Entropy, was 3.62. This means that most of the exports of Nickel unwrought, alloyed are explained by 12 countries.

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Value of Exports in Nickel unwrought, alloyed

Net Trade

TOP NET EXPORTER (2023)United States$128M
TOP NET IMPORTER (2023)Austria$189M

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

In 2023, the countries that had a largest trade value in exports than in imports of Nickel unwrought, alloyed were United States ($128M), United Kingdom ($115M), Germany ($111M), Australia ($103M), and Netherlands ($60.7M).

In 2023, the countries that had a largest trade value in imports than in exports of Nickel unwrought, alloyed were Austria ($189M), Sweden ($171M), Italy ($70.7M), China ($49.2M), and France ($46.8M).

Net Trade (2023)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Nickel unwrought, 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 (2023)

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