# Nickel ores and concentrates (HS4 2604) Trade Overview | Yugalinks

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Nickel ores and concentrates at HS4 2604, with reported global trade through 2024.

Canonical: https://www.yugalinks.com/trade/sector/hs4/2604

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## Answer

The nickel ores and concentrates subsector recorded $3.8B in reported global trade in 2024, with -19.7% annual change.

## Key figures

| Measure | Value |
| --- | --- |
| Latest reported trade | $3.8B |
| Latest annual change | -19.7% |
| Active exporters | 76 |
| Active importers | 79 |
| Active HS6 products | 1 |

## Annual trend

| Year | Global trade | Corridors | HS6 products |
| --- | ---: | ---: | ---: |
| 1995 | $309.3M | 164 | 1 |
| 1996 | $378.2M | 171 | 1 |
| 1997 | $376.9M | 216 | 1 |
| 1998 | $236.4M | 223 | 1 |
| 1999 | $260.6M | 172 | 1 |
| 2000 | $500.2M | 210 | 1 |
| 2001 | $389.1M | 280 | 1 |
| 2002 | $456.5M | 243 | 1 |
| 2003 | $673.6M | 278 | 1 |
| 2004 | $1.2B | 218 | 1 |
| 2005 | $1.2B | 300 | 1 |
| 2006 | $1.8B | 300 | 1 |
| 2007 | $4.0B | 316 | 1 |
| 2008 | $3.3B | 336 | 1 |
| 2009 | $1.8B | 308 | 1 |
| 2010 | $3.0B | 297 | 1 |
| 2011 | $5.5B | 380 | 1 |
| 2012 | $5.7B | 306 | 1 |
| 2013 | $5.8B | 296 | 1 |
| 2014 | $5.2B | 367 | 1 |
| 2015 | $3.4B | 317 | 1 |
| 2016 | $2.3B | 368 | 1 |
| 2017 | $2.7B | 290 | 1 |
| 2018 | $3.5B | 322 | 1 |
| 2019 | $4.5B | 385 | 1 |
| 2020 | $4.0B | 370 | 1 |
| 2021 | $5.8B | 442 | 1 |
| 2022 | $6.1B | 415 | 1 |
| 2023 | $4.8B | 393 | 1 |
| 2024 | $3.8B | 384 | 1 |

## Leading corridors

- Philippines to China: $1.1B; growth -18.5%.
- Philippines to Indonesia: $308.0M; growth +524%.
- Russia to China: $297.2M; growth +9.9%.
- New Caledonia to Republic of Korea: $194.1M; growth +2.2%.
- Zimbabwe to South Africa: $169.5M; growth -42.8%.
- Finland to China: $156.0M; growth +21.7%.
- Australia to China: $117.6M; growth -21.3%.
- USA, Puerto Rico and US Virgin Islands to Canada: $117.2M; growth -22%.
- Brazil to China: $109.3M; growth -13.2%.
- Zambia to Canada: $108.1M; growth +0%.

## HS6 products

- Nickel ores and concentrates (HS6 260400)

## Definitions and coverage

Merchandise trade observations aggregated to HS4. Growth, concentration, volatility, and peak comparisons calculated from reported observations. Missing values remain unavailable and are not imputed.

Reported observations cover 1995-2024.

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## Data sources

- Primary trade series: OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-27). [OECD Data Explorer](https://data-explorer.oecd.org/) · [OECD Terms & Conditions](https://www.oecd.org/termsandconditions/)
- CEPII BACI bilateral trade flows (202601): [dataset page](https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37) · [BACI documentation](https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html) · [Etalab 2.0 Open Licence](https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf)

This page presents derived Yugalinks views of reported observations and calculated indicators.