HS4 subsector intelligence

Nickel
HS4 7503 trade overview

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

HS4 75031995-2024 coverageStable
The numbers at a glanceLatest reported year · 2024
01

Latest trade

$1.3BGlobal subsector value
02

Annual change

-7.8%Latest year on year
03

Exporters

101Active reporting countries
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Importers

94Active reporting countries
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HS6 products

1Classifications inside HS4

The subsector read

$1.3B in trade, with +1.1% annualized growth over three years.

Nickel is recorded across 847 active corridors, with 101 exporters and 94 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: $269.8M1996: $262.2M1997: $310.3M1998: $205.7M1999: $203.9M2000: $401.7M2001: $298.3M2002: $279.0M2003: $314.0M2004: $508.8M2005: $585.0M2006: $778.7M2007: $1.3B2008: $915.4M2009: $486.2M2010: $839.6M2011: $831.9M2012: $788.1M2013: $685.1M2014: $869.8M2015: $645.7M2016: $566.2M2017: $715.8M2018: $931.3M2019: $1.2B2020: $985.7M2021: $1.3B2022: $2.1B2023: $1.4B2024: $1.3B
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
1United KingdomGBRUSA, Puerto Rico and US Virgin IslandsUSA$112.4M+27.2%15,585 kmNo
2USA, Puerto Rico and US Virgin IslandsUSACanadaCAN$88.1M+39%1556 kmYes
3CanadaCANUSA, Puerto Rico and US Virgin IslandsUSA$73.5M+33.6%1556 kmYes
4Saudi ArabiaSAUIndiaIND$47.7M-0.6%13,060 kmNo
5MexicoMEXUSA, Puerto Rico and US Virgin IslandsUSA$40.3M+35%13,359 kmYes
6USA, Puerto Rico and US Virgin IslandsUSAJapanJPN$34.4M+8.2%110,872 kmNo
7GermanyDEUSwedenSWE$34.1M+4.7%1811 kmYes
8SingaporeSGPUSA, Puerto Rico and US Virgin IslandsUSA$29.5M+51.6%115,347 kmYes
9AustriaAUTGermanyDEU$29.3M+9.9%1524 kmYes
10Republic of KoreaKORJapanJPN$25.8M-11.7%11,155 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
1United KingdomGBR$191.1M351
2USA, Puerto Rico and US Virgin IslandsUSA$173.7M341
3GermanyDEU$114.1M351
4CanadaCAN$77.0M131
5SingaporeSGP$70.7M171
6FranceFRA$68.5M181
7Saudi ArabiaSAU$68.4M171
8MexicoMEX$55.5M721
9ChinaCHN$46.7M201
10JapanJPN$42.7M201
Top importers2024 ranking
RankCountryImportsPartnersHS6
1USA, Puerto Rico and US Virgin IslandsUSA$380.4M441
2United KingdomGBR$149.9M421
3JapanJPN$127.3M311
4GermanyDEU$124.1M591
5CanadaCAN$98.8M211
6IndiaIND$98.5M441
7SwedenSWE$68.6M161
8SingaporeSGP$31.9M251
9ItalyITA$28.9M261
10TaiwanTWN$26.6M141

HS6 product coverage

The products inside HS4 7503

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

1 classifications shownNickel
01
Nickel: waste and scrapHS6 750300

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.