HS4 subsector intelligence

Nickel
HS4 7501 trade overview

A focused view of this HS4 subsector: market scale, momentum, leading routes, countries, and the HS6 classifications inside it.

HS4 75011995-2024 coverageRapid growth
The numbers at a glanceLatest reported year · 2024
01

Latest trade

$13.0BGlobal subsector value
02

Annual change

-6.6%Latest year on year
03

Exporters

103Active reporting countries
04

Importers

147Active reporting countries
05

HS6 products

2Classifications inside HS4

The subsector read

$13.0B in trade, with +16% annualized growth over three years.

Nickel is recorded across 722 active corridors, with 103 exporters and 147 importers.

Annual trend

Subsector momentum over time

Reported global trade from 1995 to 2024. Read the methodology ↗

Annual subsector tradeReported global trade from 1995 to 2024.1995: $1.9B1996: $1.9B1997: $1.8B1998: $1.5B1999: $1.4B2000: $2.3B2001: $1.9B2002: $1.7B2003: $2.5B2004: $4.5B2005: $5.1B2006: $6.4B2007: $12.7B2008: $9.0B2009: $4.7B2010: $8.3B2011: $8.8B2012: $7.4B2013: $6.7B2014: $6.5B2015: $5.2B2016: $4.6B2017: $4.8B2018: $6.0B2019: $6.4B2020: $7.1B2021: $8.3B2022: $15.1B2023: $14.4B2024: $13.0B
Reported global trade by year.

Top trade corridors

Where the subsector moves

Leading exporter-to-importer relationships by latest reported value. See data sources ↗

Latest reported relationshipsTop 10 by trade value
RankExporterImporterTrade valueGrowthHS6DistanceFTA
1IndonesiaIDNChinaCHN$5.8B+182.8%24,425 kmYes
2CanadaCANNorwayNOR$1.1B-12.3%15,951 kmYes
3IndonesiaIDNJapanJPN$1.0B+2.9%25,772 kmYes
4RussiaRUSFinlandFIN$652.8M-19.5%1895 kmNo
5ZimbabweZWESouth AfricaZAF$514.2M-5.9%1978 kmYes
6PhilippinesPHLJapanJPN$471.8M-8%12,990 kmYes
7FinlandFINNorwayNOR$386.5M+72.4%2790 kmYes
8CubaCUBCanadaCAN$375.5M-12.3%12,299 kmNo
9Papua New GuineaPNGChinaCHN$274.5M-14.6%15,271 kmNo
10New CaledoniaNCLChinaCHN$250.4M+4.5%17,622 kmNo

Market structure

Where supply and demand concentrate

Exporter and importer rankings show the two sides of the subsector separately. Check coverage ↗

Top exporters2024 ranking
RankCountryExportsPartnersHS6
1IndonesiaIDN$7.1B132
2CanadaCAN$1.2B172
3FinlandFIN$841.1M142
4RussiaRUS$822.3M42
5CubaCUB$749.1M1222
6ZimbabweZWE$515.1M862
7PhilippinesPHL$471.8M42
8AustraliaAUS$349.2M112
9Papua New GuineaPNG$274.5M11
10New CaledoniaNCL$267.0M21
Top importers2024 ranking
RankCountryImportsPartnersHS6
1ChinaCHN$7.0B312
2NorwayNOR$1.8B222
3JapanJPN$1.7B102
4FinlandFIN$697.2M252
5CanadaCAN$531.7M182
6South AfricaZAF$516.4M42
7NetherlandsNLD$177.6M152
8FranceFRA$126.2M172
9Republic of KoreaKOR$71.4M202
10United KingdomGBR$57.7M202

HS6 product coverage

The products inside HS4 7501

Six-digit classifications make the subsector specific. Browse the product workspace ↗

2 classifications shownNickel
01
Nickel: nickel mattesHS6 750110
02
Nickel: oxide sinters and other intermediate products of nickel metallurgyHS6 750120

Definitions and coverage

Read the numbers with context

Reported observations and calculated indicators should be read with their coverage period. Responsible AI principles ↗

01

Reported values

Trade values describe reported merchandise trade for the HS4 classification, not company-level sales or shipment records.

02

Calculated indicators

Growth, concentration, volatility, and peak comparisons are calculated from reported observations.

03

Missing data

Unavailable observations remain unavailable. They are not filled, interpolated, or presented as forecasts.

Coverage: 1995-2024 · Data refreshed 2026-07-20 09:34:09

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.