# HS 282540 Nickel Oxides And Hydroxides global trade data...

Reported global trade in nickel oxides and hydroxides reached $789.6M in 2024, with five-year annual growth of +34.7%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $187.3M | +3.9% | -1.2% |
| 2014 | $139.0M | -25.8% | -14.6% |
| 2015 | $113.7M | -18.2% | -14.2% |
| 2016 | $130.1M | +14.5% | -11.4% |
| 2017 | $233.5M | +79.5% | +18.9% |
| 2018 | $239.7M | +2.6% | +28.2% |
| 2019 | $178.4M | -25.6% | +11.1% |
| 2020 | $196.2M | +10% | -5.6% |
| 2021 | $612.0M | +211.9% | +36.7% |
| 2022 | $1.5B | +145.4% | +103.4% |
| 2023 | $1.4B | -8.5% | +91.4% |
| 2024 | $789.6M | -42.6% | +8.9% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| Republic of Korea | $604.3M | +51.6% | 17 |
| USA | $38.4M | +34% | 22 |
| India | $27.0M | +28.3% | 19 |
| China | $24.9M | +1.3% | 17 |
| Singapore | $24.2M | +142.3% | 12 |
| Taiwan | $8.8M | -2.6% | 11 |
| Germany | $7.6M | +1.2% | 23 |
| Malaysia | $5.7M | +18.9% | 11 |
| Belgium | $5.4M | +10.9% | 14 |
| Thailand | $4.9M | +44.2% | 16 |
| Indonesia | $4.1M | +4.1% | 11 |
| Morocco | $3.4M | +160.2% | 4 |

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