Latest trade
$40.2BGlobal sector valueHS2 sector intelligence
Nickel
sector trade overview
A clear view of the nickel economy: scale, momentum, market concentration, leading routes, and the products within it.
Explore the workspace Reported trade intelligence
Refreshed 2026-07-20
Refreshed 2026-07-20
The numbers at a glanceLatest reported year · 2024
Annual change
-7.5%Latest year on yearExporters
167Active reporting countriesImporters
191Active reporting countriesHS6 products
17Classifications in sectorThe sector read
$40.2B in trade, with +8.1% annualized growth over three years.
Nickel is recorded across 4,904 active corridors, with 167 exporters and 191 importers in the latest available year.
Market signalGrowing+7% five-year CAGR
Annual trend
Momentum across three decades
Reported global trade from 1995 to 2024. Missing years remain unavailable rather than estimated. Read the methodology ↗
Top trade corridors
Where this sector moves
The leading exporter-to-importer relationships by latest reported sector trade value. See data sources ↗
Latest reported relationshipsTop 10 by trade value
| Rank | Exporter | Importer | Trade value | Growth | HS6 | Distance | FTA |
|---|---|---|---|---|---|---|---|
| 1 | IndonesiaIDN | ChinaCHN | $6.2B | +187.7% | 10 | 4,425 km | Yes |
| 2 | CanadaCAN | NorwayNOR | $1.1B | -12.3% | 6 | 5,951 km | Yes |
| 3 | IndonesiaIDN | JapanJPN | $1.0B | +3.6% | 10 | 5,772 km | Yes |
| 4 | CanadaCAN | USA, Puerto Rico and US Virgin IslandsUSA | $1.0B | +0.7% | 14 | 556 km | Yes |
| 5 | RussiaRUS | ChinaCHN | $960.5M | +17.2% | 8 | 6,831 km | No |
| 6 | ChinaCHN | TaiwanTWN | $664.8M | +165.1% | 16 | 688 km | No |
| 7 | RussiaRUS | FinlandFIN | $652.8M | -19.5% | 1 | 895 km | No |
| 8 | USA, Puerto Rico and US Virgin IslandsUSA | ChinaCHN | $537.2M | +10.5% | 16 | 11,883 km | No |
| 9 | AustraliaAUS | JapanJPN | $529.3M | +16.2% | 7 | 8,156 km | Yes |
| 10 | ZimbabweZWE | South AfricaZAF | $514.2M | -5.9% | 1 | 978 km | Yes |
Market structure
Where supply and demand concentrate
Exporter and importer rankings are separated so scale on one side of the market is not mistaken for demand on the other. Check coverage ↗
Top exporters2024 ranking
| Rank | Country | Exports | Partners | HS6 |
|---|---|---|---|---|
| 1 | IndonesiaIDN | $8.0B | 76 | 17 |
| 2 | USA, Puerto Rico and US Virgin IslandsUSA | $4.3B | 163 | 17 |
| 3 | CanadaCAN | $3.3B | 101 | 17 |
| 4 | ChinaCHN | $2.4B | 159 | 17 |
| 5 | GermanyDEU | $2.1B | 139 | 17 |
| 6 | RussiaRUS | $2.1B | 48 | 17 |
| 7 | United KingdomGBR | $2.1B | 132 | 17 |
| 8 | AustraliaAUS | $1.6B | 78 | 17 |
| 9 | FinlandFIN | $1.4B | 65 | 17 |
| 10 | JapanJPN | $1.4B | 88 | 17 |
Top importers2024 ranking
| Rank | Country | Imports | Partners | HS6 |
|---|---|---|---|---|
| 1 | ChinaCHN | $10.0B | 76 | 17 |
| 2 | USA, Puerto Rico and US Virgin IslandsUSA | $3.5B | 90 | 17 |
| 3 | JapanJPN | $3.0B | 51 | 17 |
| 4 | GermanyDEU | $2.0B | 89 | 17 |
| 5 | NorwayNOR | $1.8B | 48 | 17 |
| 6 | Republic of KoreaKOR | $1.6B | 60 | 17 |
| 7 | United KingdomGBR | $1.4B | 76 | 17 |
| 8 | FranceFRA | $1.4B | 71 | 17 |
| 9 | TaiwanTWN | $1.3B | 47 | 17 |
| 10 | NetherlandsNLD | $1.2B | 79 | 17 |
HS6 product coverage
The classifications inside this sector
Explore the six-digit product classifications that make up HS2 75.
18 classifications shownBrowse the product workspace ↗
Nickel: nickel mattesHS6 750110
Nickel: oxide sinters and other intermediate products of nickel metallurgyHS6 750120
Nickel: unwrought, not alloyedHS6 750210
Nickel: unwrought, alloysHS6 750220
Nickel: waste and scrapHS6 750300
Nickel: powders and flakesHS6 750400
Nickel: bars, rods and profiles, not alloyedHS6 750511
Nickel: bars, rods and profiles, of nickel alloysHS6 750512
Nickel: wire, not alloyedHS6 750521
Nickel: wire, of nickel alloysHS6 750522
Nickel: plates, sheets, strip and foil, not alloyedHS6 750610
Nickel: plates, sheets, strip and foil, of nickel alloysHS6 750620
Nickel: tubes and pipes, not alloyedHS6 750711
Nickel: tubes and pipes, of nickel alloysHS6 750712
Nickel: tube and pipe fittingsHS6 750720
Nickel: other articles thereof n.e.s.HS6 750800
Nickel: cloth, grill and netting, of nickel wireHS6 750810
Nickel: articles thereof n.e.c. in item no. 7508.1HS6 750890
Definitions and coverage
Read the numbers with context
Clear definitions keep reported observations and calculated indicators in their proper context. Read our Responsible AI principles ↗
Reported values
Trade values describe reported merchandise trade for the HS2 classification. They are not company-level sales, retail quotes, or shipment records.
Calculated indicators
Growth, concentration, volatility, and peak comparisons are calculated from reported observations and should be read with their coverage period.
Missing data
A missing observation remains unavailable. It is not filled, interpolated, or presented as a forecast.
Coverage: 1995–2024 · Data refreshed 2026-07-20 09:34:08
Data source
OECD trade statistics with CEPII context
OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-27). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.