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750522 (Harmonized System 1992 for 6-digit)

2022
World Trade $1.25BRnk 1941 / 4648
2022
Top Exporter | Top Importer $364M | $253MFrance | United States
2022
Product Complexity 1.63Rnk 123 / 4653
2021 - 2022
Export Growth (CAGR) 22.4%Rnk 672 / 4648
2022
Share of World Trade 0.0053%Rnk 1941 / 4648

About

Overview This page contains the latest trade data of Wire, nickel alloy. In 2022, Wire, nickel alloy were the world's 1941st most traded product, with a total trade of $1.25B. Between 2021 and 2022 the exports of Wire, nickel alloy grew by 22.4%, from $1.02B to $1.25B. Trade in Wire, nickel alloy represent 0.0053% of total world trade.

Wire, nickel alloy are a part of Nickel Bars.

Exports In 2022 the top exporters of Wire, nickel alloy  were France ($364M), Germany ($220M), United States ($155M), Austria ($109M), and Switzerland ($63.4M).

Imports In 2022 the top importers of Wire, nickel alloy were United States ($253M), Germany ($197M), Italy ($94.7M), China ($68.7M), and Switzerland ($63.1M).

Ranking Wire, nickel alloy ranks 123rd in the Product Complexity Index (PCI).

Description Nickel alloy is used in a variety of ways. It is used as a coating on pipes and wires to prevent corrosion. It is also used in jewelry because it is very hard and will not tarnish. It is also used in coins because it is very hard and will not wear down.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Wire, nickel alloy. 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)France$364M
Top Destination (2022)United States$253M

In 2022 Wire, nickel alloy were the world's 1941st most traded product (out of 4,648).

In 2022, the top exporters of Wire, nickel alloy were France ($364M), Germany ($220M), United States ($155M), Austria ($109M), and Switzerland ($63.4M).

In 2022, the top importers of Wire, nickel alloy were United States ($253M), Germany ($197M), Italy ($94.7M), China ($68.7M), and Switzerland ($63.1M).

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Exporters of Wire, nickel alloy (2022)
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Importers of Wire, nickel alloy (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)France$98.2M
Top Destination Growth (2021 -  2022)United States$62.4M

Between 2021 and 2022, the exports of Wire, nickel alloy grew the fastest in France ($98.2M), Germany ($31.6M), Italy ($28.1M), China ($18.4M), and Switzerland ($14.4M).

Between 2021 and 2022, the fastest growing importers of Wire, nickel alloy were United States ($62.4M), Italy ($31.7M), Saudi Arabia ($21.2M), Switzerland ($17.5M), and South Korea ($11.8M).

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Exporters of Wire, nickel alloy (2021 - 2022)

Importers of Wire, nickel alloy (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Wire, nickel alloy.

In 2022, market concentration measured using Shannon Entropy, was 3.46. This means that most of the exports of Wire, nickel alloy are explained by 10 countries.

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Value of Exports in Wire, nickel alloy

Net Trade

TOP NET EXPORTER (2022)France$334M
TOP NET IMPORTER (2022)United States$98.1M

This map shows which countries export or import more of Wire, nickel alloy. Each country is colored based on the difference in exports and imports of Wire, nickel alloy during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Wire, nickel alloy were France ($334M), Austria ($93.5M), Sweden ($49M), Germany ($22.2M), and Japan ($5.63M).

In 2022, the countries that had a largest trade value in imports than in exports of Wire, nickel alloy were United States ($98.1M), Mexico ($52.6M), Italy ($52.6M), Saudi Arabia ($27.7M), and South Korea ($26.8M).

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 Wire, nickel alloy.
It is possible to select the main countries that export or import Wire, nickel alloy in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Wire, nickel alloy 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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