# HS 283324 Of Nickel global trade data overview | Yugalinks

Reported global trade in of nickel reached $1.4B in 2024, with five-year annual growth of +17.8%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $270.0M | -8.9% | -12% |
| 2014 | $358.7M | +32.9% | -6.5% |
| 2015 | $316.9M | -11.7% | +2.3% |
| 2016 | $295.9M | -6.6% | +3.1% |
| 2017 | $386.1M | +30.5% | +2.5% |
| 2018 | $601.9M | +55.9% | +23.8% |
| 2019 | $629.2M | +4.5% | +28.6% |
| 2020 | $584.2M | -7.2% | +14.8% |
| 2021 | $932.9M | +59.7% | +15.7% |
| 2022 | $1.2B | +28.3% | +23.9% |
| 2023 | $1.3B | +10.6% | +31.4% |
| 2024 | $1.4B | +7.8% | +15.2% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| China | $687.0M | +121.5% | 14 |
| Japan | $236.7M | -5.6% | 12 |
| Republic of Korea | $73.7M | +16% | 19 |
| Finland | $51.0M | +34.8% | 12 |
| Sweden | $42.1M | +152.2% | 12 |
| Indonesia | $37.9M | +65.7% | 13 |
| Belgium | $37.6M | -2.5% | 15 |
| Canada | $29.1M | -10.2% | 12 |
| Philippines | $28.0M | +19% | 14 |
| Netherlands | $22.9M | +53.9% | 21 |
| Malaysia | $18.9M | +7.2% | 15 |
| Germany | $17.3M | +3% | 25 |

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