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750300 (Harmonized System 1992 for 6-digit)

2022
World Trade $1.29BRnk 1911 / 4648
2022
Top Exporter | Top Importer $218M | $399MUnited Kingdom | United States
2022
Product Complexity -0.22Rnk 2825 / 4653
2021 - 2022
Export Growth (CAGR) 47.9%Rnk 176 / 4648
2022
Share of World Trade 0.0054%Rnk 1911 / 4648

About

Overview This page contains the latest trade data of Nickel waste or scrap. In 2022, Nickel waste or scrap were the world's 1911th most traded product, with a total trade of $1.29B. Between 2021 and 2022 the exports of Nickel waste or scrap grew by 47.9%, from $873M to $1.29B. Trade in Nickel waste or scrap represent 0.0054% of total world trade.

Nickel waste or scrap are a part of Scrap Nickel.

Exports In 2022 the top exporters of Nickel waste or scrap  were United Kingdom ($218M), United States ($130M), Germany ($114M), Japan ($70.5M), and South Korea ($69.9M).

Imports In 2022 the top importers of Nickel waste or scrap were United States ($399M), Japan ($196M), United Kingdom ($181M), Germany ($111M), and Canada ($63.5M).

Ranking Nickel waste or scrap ranks 2825th 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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Flow
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 (2022)United Kingdom$218M
Top Destination (2022)United States$399M

In 2022 Nickel waste or scrap were the world's 1911th most traded product (out of 4,648).

In 2022, the top exporters of Nickel waste or scrap were United Kingdom ($218M), United States ($130M), Germany ($114M), Japan ($70.5M), and South Korea ($69.9M).

In 2022, the top importers of Nickel waste or scrap were United States ($399M), Japan ($196M), United Kingdom ($181M), Germany ($111M), and Canada ($63.5M).

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Exporters of Nickel waste or scrap (2022)
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Importers of Nickel waste or scrap (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United Kingdom$101M
Top Destination Growth (2021 -  2022)United States$168M

Between 2021 and 2022, the exports of Nickel waste or scrap grew the fastest in United Kingdom ($101M), Germany ($57.8M), United States ($52.8M), Singapore ($30.2M), and China ($29.8M).

Between 2021 and 2022, the fastest growing importers of Nickel waste or scrap were United States ($168M), United Kingdom ($94.8M), Japan ($67.6M), Canada ($29.4M), and Germany ($23.1M).

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Exporters of Nickel waste or scrap (2021 - 2022)

Importers of Nickel waste or scrap (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 4.6. This means that most of the exports of Nickel waste or scrap are explained by 24 countries.

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Value of Exports in Nickel waste or scrap

Net Trade

TOP NET EXPORTER (2022)Russia$54.3M
TOP NET IMPORTER (2022)United States$269M

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Nickel waste or scrap were Russia ($54.3M), South Korea ($52.2M), Singapore ($42.3M), United Kingdom ($36.8M), and Mexico ($32.9M).

In 2022, the countries that had a largest trade value in imports than in exports of Nickel waste or scrap were United States ($269M), Japan ($125M), Sweden ($36.6M), Australia ($19.4M), and India ($11.9M).

Net Trade (2022)

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 (2022)

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