# Ferro-Nickel buyer markets and demand | HS 720260 | Yugalinks

China is the largest reported buyer market in this view, with imports of $13.9B.

## Buyer market evidence

| Buyer market | Latest imports | 5-year growth | Suppliers | Leading supplier |
| --- | --- | --- | --- | --- |
| China | $13.9B | +27.1% | 21 | Indonesia |
| Republic of Korea | $392.0M | +5.6% | 11 | Indonesia |
| India | $343.2M | -2.4% | 10 | Indonesia |
| Netherlands | $302.9M | +31.1% | 20 | Brazil |
| Taiwan | $170.3M | -10.4% | 9 | Indonesia |
| USA | $160.4M | +1.6% | 10 | Brazil |
| Italy | $140.6M | -8.8% | 26 | Indonesia |
| Japan | $129.1M | +3.5% | 9 | New Caledonia |
| United Kingdom | $98.8M | +38.8% | 14 | Indonesia |
| Spain | $90.2M | -7.2% | 14 | Brazil |
| Finland | $83.9M | +3.6% | 3 | Brazil |
| Belgium | $67.5M | -20.4% | 9 | Netherlands |
| France | $61.3M | +21.2% | 20 | New Caledonia |
| Malaysia | $43.3M | +639% | 7 | Switzerland, Liechtenstein |
| Germany | $41.4M | -0.6% | 22 | Netherlands |
| Canada | $36.4M | +330.5% | 4 | New Caledonia |
| South Africa | $29.2M | -17.7% | 4 | Brazil |
| Sweden | $29.2M | -17.8% | 10 | Colombia |
| Honduras | $15.8M | +1,191.1% | 1 | Guatemala |
| Singapore | $11.3M | +44.4% | 4 | Brazil |
| Poland | $7.6M | +12.6% | 5 | Netherlands |
| Slovenia | $6.3M | -0.3% | 7 | Serbia |
| Marshall Isds | $5.5M | -3.2% | 1 | Russia |
| Saudi Arabia | $4.1M | -12.1% | 9 | China |
| Brunei | $3.4M | +352.9% | 1 | Myanmar |
| China, Hong Kong Special Administrative Region | $1.6M | -45.9% | 2 | Colombia |
| Brazil | $1.6M | +105.5% | 4 | Netherlands |
| Switzerland, Liechtenstein | $1.6M | +8.6% | 9 | Brazil |
| Democratic People\'s Republic of Korea | $1.6M | -13.2% | 1 | Colombia |
| Georgia | $880.1K | +745.2% | 1 | Russia |
| Turkey | $860.6K | +274.8% | 4 | Netherlands |
| Latvia | $856.3K | +43.9% | 7 | Kazakhstan |
| Thailand | $796.0K | +45.6% | 3 | United Kingdom |
| Estonia | $560.1K | +36.7% | 3 | Russia |
| Mexico | $402.8K | +119.5% | 22 | Russia |

## Buyer market price evidence

| Buyer market | Year | Trade value | USD per ton |
| --- | --- | --- | --- |
| China | 2023 | $16.6B | $1,939.27 |
| India | 2023 | $307.5M | $2,891.78 |
| Republic of Korea | 2023 | $274.3M | $3,517.28 |
| Netherlands | 2023 | $266.4M | $4,502.99 |
| Italy | 2023 | $208.5M | $5,535.49 |
| United Kingdom | 2023 | $155.1M | $4,813.32 |
| Other Asia, nes | 2023 | $153.0M | $2,866.48 |
| Spain | 2023 | $144.1M | $4,559.4 |
| Japan | 2023 | $128.2M | $5,079.09 |
| USA | 2023 | $125.4M | $4,889.65 |
| Belgium | 2023 | $121.5M | $4,584.06 |
| Finland | 2023 | $89.1M | $4,765.79 |
| France | 2023 | $71.8M | $8,429.02 |
| Sweden | 2023 | $64.3M | $4,575.5 |
| Germany | 2023 | $54.6M | $4,237.59 |
| Canada | 2023 | $24.6M | $11,655.61 |
| Slovenia | 2023 | $16.7M | $6,236.98 |
| Singapore | 2023 | $15.5M | $3,176.76 |
| Honduras | 2023 | $14.2M | $11,339.71 |
| Poland | 2023 | $13.4M | $4,194.86 |

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