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750300 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.45BRnk 1719 / 4644
2023
Top Exporter | Top Importer $209M | $480MUnited Kingdom | United States
2023
Product Complexity 0.092Rnk 2397 / 4656
2022 - 2023
Export Growth (CAGR) 3.86%Rnk 1142 / 4644
2023
Share of World Trade 0.0064%Rnk 1719 / 4644

About

Overview This page contains the latest trade data of Nickel waste or scrap. In 2023, Nickel waste or scrap were the world's 1719th most traded product, with a total trade of $1.45B. Between 2022 and 2023 the exports of Nickel waste or scrap grew by 3.86%, from $1.39B to $1.45B. Trade in Nickel waste or scrap represent 0.0064% of total world trade.

Nickel waste or scrap are a part of Scrap Nickel.

Exports In 2023 the top exporters of Nickel waste or scrap  were United Kingdom ($209M), United States ($165M), Germany ($164M), Singapore ($94.5M), and Canada ($85.2M).

Imports In 2023 the top importers of Nickel waste or scrap were United States ($480M), United Kingdom ($185M), Japan ($148M), Germany ($118M), and Sweden ($98.8M).

Ranking Nickel waste or scrap ranks 2397th in the Product Complexity Index (PCI).

Description Nickel waste or scrap can be used in many different ways. For example, the nickel can be used for stainless steel production, nickel-cadmium batteries, and to make electric motors.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Nickel waste or scrap. 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 Kingdom$209M
Top Destination (2023)United States$480M

In 2023 Nickel waste or scrap were the world's 1719th most traded product (out of 4,644).

In 2023, the top exporters of Nickel waste or scrap were United Kingdom ($209M), United States ($165M), Germany ($164M), Singapore ($94.5M), and Canada ($85.2M).

In 2023, the top importers of Nickel waste or scrap were United States ($480M), United Kingdom ($185M), Japan ($148M), Germany ($118M), and Sweden ($98.8M).

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Exporters of Nickel waste or scrap (2023)
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Importers of Nickel waste or scrap (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Singapore$35.4M
Top Destination Growth (2022 -  2023)United States$61.7M

Between 2022 and 2023, the exports of Nickel waste or scrap grew the fastest in Singapore ($35.4M), China ($27.6M), Canada ($26M), Mexico ($18.5M), and Austria ($14.1M).

Between 2022 and 2023, the fastest growing importers of Nickel waste or scrap were United States ($61.7M), Canada ($27.2M), Singapore ($15.9M), India ($12.2M), and Australia ($7.74M).

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Exporters of Nickel waste or scrap (2022 - 2023)

Importers of Nickel waste or scrap (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Nickel waste or scrap.

In 2023, market concentration measured using Shannon Entropy, was 4.55. This means that most of the exports of Nickel waste or scrap are explained by 23 countries.

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Value of Exports in Nickel waste or scrap

Net Trade

TOP NET EXPORTER (2023)China$68.5M
TOP NET IMPORTER (2023)United States$315M

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

In 2023, the countries that had a largest trade value in exports than in imports of Nickel waste or scrap were China ($68.5M), Mexico ($57.6M), Singapore ($51M), Germany ($46.1M), and France ($45.8M).

In 2023, the countries that had a largest trade value in imports than in exports of Nickel waste or scrap were United States ($315M), Japan ($97M), Sweden ($90.8M), Australia ($15.2M), and India ($14.9M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Nickel waste or scrap 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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