# HS 260400 Nickel Ores And Concentrates global trade data...

Reported global trade in nickel ores and concentrates reached $3.8B in 2024, with five-year annual growth of -3.3%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $5.8B | +1.2% | +23.9% |
| 2014 | $5.2B | -9.3% | -1.8% |
| 2015 | $3.4B | -34.9% | -15.8% |
| 2016 | $2.3B | -31.7% | -26.1% |
| 2017 | $2.7B | +15.7% | -19.9% |
| 2018 | $3.5B | +29.7% | +0.8% |
| 2019 | $4.5B | +29.2% | +24.7% |
| 2020 | $4.0B | -12.4% | +13.6% |
| 2021 | $5.8B | +47% | +18.5% |
| 2022 | $6.1B | +5.3% | +10.7% |
| 2023 | $4.8B | -22.2% | +6.4% |
| 2024 | $3.8B | -19.7% | -13.1% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| China | $2.2B | -6.3% | 24 |
| Canada | $380.4M | +46.9% | 17 |
| Indonesia | $319.9M | +177.9% | 10 |
| Finland | $265.0M | +1.3% | 11 |
| Republic of Korea | $197.0M | +1.2% | 16 |
| South Africa | $169.9M | -20.4% | 10 |
| Belgium | $73.7M | +7.4% | 11 |
| Switzerland, Liechtenstein | $69.2M | +419.1% | 8 |
| Taiwan | $52.6M | +175.5% | 3 |
| Japan | $31.0M | -30.3% | 11 |
| Thailand | $16.2M | +236.5% | 7 |
| Malaysia | $12.2M | +72.8% | 8 |

_Source: reported merchandise trade data. Updated 2026-08-14._