Latest HS4 trade
$13.0BReported valueHS4 subsector corridor intelligence
Nickel
top trade corridors
HS4 7501 - leading exporter-to-importer routes
Explore reported routes for this HS4 subsector, ranked by latest trade value and paired with growth, market share, access, tariff, and distance context.
The route picture at a glanceHS4 7501 - reported trade
Corridors shown
25Leading routes by valueLeading route value
$5.8BLatest reported valueLeading route growth
+182.8%Calculated 3-year changeLatest reported year
20241995-2024 coverageThe HS4 corridor read
Indonesia to China leads the reported HS4 7501 routes.
The leading route recorded $5.8B in 2024, with +182.8% calculated three-year growth. Across the HS4 subsector, latest reported trade was $13.0B, with +16% calculated three-year growth. Read the HS4 overview ↗
Leading route$5.8B45% of latest HS4 trade
Top HS4 corridors
Where Nickel trade moves
Observed exporter-to-importer relationships ranked by latest reported trade value. Growth, peak comparisons, and shares are calculated indicators; access fields provide context where available. Review data sources ↗
HS4 7501 exporter-to-importer relationshipsTop 25 by value
Scroll horizontally to compare all route fields.
| Rank | Exporter | Importer | Latest trade | 3-year CAGR | 5-year CAGR | 10-year CAGR | Market share | FTA / access | Applied tariff | MFN tariff | Preferential tariff | Tariff advantage | Distance | Historical peak | Latest below peak | Years | Trend |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | IndonesiaIDN | ChinaCHN | $5.8B | +182.8% | +116.4% | +42.9% | 45% | FTA reported | 0.3% | 0.3% | 0.1% | +0.2 pp | 4,425 km | $5.8B2024 | 0% | 19 | Rapid growth |
| 2 | CanadaCAN | NorwayNOR | $1.1B | -12.3% | +0.9% | -2.4% | 8.8% | FTA reported | 0% | 0% | 0.1% | -0.1 pp | 5,951 km | $2.9B2007 | 59.8% | 30 | Rapid decline |
| 3 | IndonesiaIDN | JapanJPN | $1.0B | +2.9% | +5.8% | +0.3% | 7.7% | FTA reported | 0% | 0% | 0% | +0 pp | 5,772 km | $2.1B2007 | 52.8% | 30 | Stable |
| 4 | RussiaRUS | FinlandFIN | $652.8M | -19.5% | -6.8% | +53.5% | 5% | No FTA reported | 0% | 0% | 0% | +0 pp | 895 km | $1.8B2022 | 63.1% | 20 | Rapid decline |
| 5 | ZimbabweZWE | South AfricaZAF | $514.2M | -5.9% | +56.9% | +82.8% | 4% | FTA reported | 0.1% | 0.1% | 0.1% | +0.1 pp | 978 km | $886.0M2020 | 42% | 22 | Declining |
| 6 | PhilippinesPHL | JapanJPN | $471.8M | -8% | -1.5% | +0.3% | 3.6% | FTA reported | 0% | 0% | 0% | +0 pp | 2,990 km | $793.2M2022 | 40.5% | 20 | Declining |
| 7 | FinlandFIN | NorwayNOR | $386.5M | +72.4% | +30% | +304.6% | 3% | FTA reported | 0% | 0% | 0% | -0 pp | 790 km | $386.5M2024 | 0% | 16 | Rapid growth |
| 8 | CubaCUB | CanadaCAN | $375.5M | -12.3% | -1.5% | +2.3% | 2.9% | No FTA reported | 0.1% | 0.1% | 0% | +0 pp | 2,299 km | $556.4M2021 | 32.5% | 26 | Rapid decline |
| 9 | Papua New GuineaPNG | ChinaCHN | $274.5M | -14.6% | -9% | -0.2% | 2.1% | No FTA reported | 0.3% | 0.3% | Not reported | Not reported | 5,271 km | $489.1M2022 | 43.9% | 13 | Rapid decline |
| 10 | New CaledoniaNCL | ChinaCHN | $250.4M | +4.5% | +3.6% | +17.4% | 1.9% | No FTA reported | Not reported | Not reported | Not reported | Not reported | 7,622 km | $522.5M2023 | 52.1% | 14 | Growing |
| 11 | FinlandFIN | ChinaCHN | $199.1M | -5.1% | -7.9% | +272.9% | 1.5% | No FTA reported | 0.3% | 0.3% | Not reported | Not reported | 7,392 km | $487.8M2022 | 59.2% | 18 | Declining |
| 12 | RussiaRUS | ChinaCHN | $169.5M | +63.5% | +36.6% | +74% | 1.3% | No FTA reported | 0.2% | 0.2% | Not reported | Not reported | 6,831 km | $169.5M2024 | 0% | 15 | Rapid growth |
| 13 | IndonesiaIDN | NetherlandsNLD | $134.7M | +622.1% | +82.4% | +35% | 1% | No FTA reported | 0% | 0.1% | 0% | +0 pp | 11,364 km | $155.0M2023 | 13.1% | 11 | Rapid growth |
| 14 | AustraliaAUS | JapanJPN | $129.8M | +19.1% | +10.8% | +5.3% | 1% | FTA reported | 0% | 0% | 0% | +0 pp | 8,156 km | $304.1M2007 | 57.3% | 30 | Rapid growth |
| 15 | FinlandFIN | FranceFRA | $123.7M | -11.3% | +5.2% | +269.6% | 1% | FTA reported | 0% | 0% | 0% | +0 pp | 1,913 km | $216.3M2022 | 42.8% | 13 | Rapid decline |
| 16 | TurkeyTUR | ChinaCHN | $104.0M | +22.8% | +27.9% | +153.7% | 0.8% | No FTA reported | 0.3% | 0.3% | Not reported | Not reported | 8,004 km | $104.0M2024 | 0% | 13 | Rapid growth |
| 17 | AustraliaAUS | ChinaCHN | $101.3M | -24.3% | +7.6% | -14.3% | 0.8% | FTA reported | 0.3% | 0.3% | 0.1% | +0.2 pp | 8,024 km | $627.5M2007 | 83.9% | 24 | Rapid decline |
| 18 | AustraliaAUS | NorwayNOR | $98.6M | +15.3% | +13.8% | +37.7% | 0.8% | No FTA reported | 0% | 0% | Not reported | Not reported | 15,976 km | $98.6M2024 | 0% | 24 | Rapid growth |
| 19 | FinlandFIN | CanadaCAN | $81.6M | +31.1% | +8.4% | +430.2% | 0.6% | FTA reported | 0.1% | 0.1% | 0% | +0.1 pp | 6,616 km | $116.1M2022 | 29.7% | 11 | Rapid growth |
| 20 | CubaCUB | ChinaCHN | $68.9M | -21.3% | -11.6% | -3% | 0.5% | No FTA reported | 0.3% | 0.3% | Not reported | Not reported | 13,480 km | $506.0M2011 | 86.4% | 30 | Rapid decline |
| 21 | FinlandFIN | JapanJPN | $49.7M | -19.1% | -5% | +384.7% | 0.4% | FTA reported | 0% | 0% | 0% | +0 pp | 7,838 km | $160.9M2023 | 69.1% | 11 | Rapid decline |
| 22 | GermanyDEU | CanadaCAN | $41.4M | -0% | +5% | -2.5% | 0.3% | FTA reported | 0.1% | 0.1% | 0% | +0.1 pp | 6,493 km | $89.9M2007 | 53.9% | 24 | Stable |
| 23 | JapanJPN | NorwayNOR | $39.6M | +105.1% | +53.9% | +24% | 0.3% | No FTA reported | 0% | 0% | Not reported | Not reported | 8,427 km | $39.6M2024 | 0% | 4 | Rapid growth |
| 24 | IndonesiaIDN | NorwayNOR | $33.8M | +101.1% | +52.1% | +23.3% | 0.3% | No FTA reported | 0% | 0% | 0% | +0 pp | 10,941 km | $389.1M2023 | 91.3% | 4 | Rapid growth |
| 25 | CubaCUB | Switzerland, LiechtensteinCHE | $33.5M | +272.5% | +120.1% | +48.4% | 0.3% | No FTA reported | 0% | 0% | 0% | -0 pp | 8,219 km | $33.5M2024 | 0% | 8 | Rapid growth |
Movement to watch
Growth leaders for HS4 7501
The strongest available three-year growth rates are starting points for research, not forecasts. Compare the calculated rate with each route's reported value, share, and trend. Read the methodology ↗
01Growth leader
Indonesia to Netherlands
+622.1%calculated 3-year CAGR$134.7M latest value1% market shareRapid growth
02Growth leader
Cuba to Switzerland, Liechtenstein
+272.5%calculated 3-year CAGR$33.5M latest value0.3% market shareRapid growth
03Growth leader
Indonesia to China
+182.8%calculated 3-year CAGR$5.8B latest value45% market shareRapid growth
04Growth leader
Japan to Norway
+105.1%calculated 3-year CAGR$39.6M latest value0.3% market shareRapid growth
05Growth leader
Indonesia to Norway
+101.1%calculated 3-year CAGR$33.8M latest value0.3% market shareRapid growth
Access and tariff context
Compare route access without over-reading one indicator
FTA status, applied tariffs, tariff advantage, and distance are supporting route context. Group averages are calculated from displayed routes and are not tariff recommendations. Check data coverage ↗
12 displayed routes with average calculated growth of +18.9%.
- Average applied tariff
- 0.1%
- Average tariff advantage
- +0.1 pp
13 displayed routes with average calculated growth of +87.2%.
- Average applied tariff
- 0.1%
- Average tariff advantage
- +0 pp
Lowest reported applied tariffNo FTA reported
Cuba to Switzerland, Liechtenstein
0%Routes with an available applied tariff. Latest route value: $33.5M.
Applied 0%Advantage -0 pp8,219 km
Largest reported tariff advantageFTA reported
Australia to China
+0.2 ppRoutes with an available tariff advantage. Latest route value: $101.3M.
Applied 0.3%Advantage +0.2 pp8,024 km
HS4 indicators
Scale, momentum, and structure in one view
These cards pair reported trade observations with calculated indicators from the available HS4 history. See indicator definitions ↗
Combined reported value across the 25 routes shown.
Calculated annualized change in reported HS4 trade.
Calculated concentration indicators; higher values mean a more concentrated mix.
Calculated variation in annual reported HS4 trade.
Historical peak: $15.1B in 2022. Latest below peak: 13.9%.
30 observed years; 722 active corridors, 103 exporters, 147 importers, and 2 HS6 products.
How to read this view
Keep reported scale separate from calculated movement.
Latest trade values describe reported merchandise trade for HS4 7501. Growth, market share, HHI, volatility, and peak comparisons are calculated indicators over the stated coverage period.
FTA status, tariffs, and distance add route context where available. A missing value stays unavailable; it is not treated as zero or a forecast.
Data source
OECD trade statistics with CEPII context
OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-28). 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.