{
  "pageType": "HS4 subsector trade overview",
  "source": "api",
  "title": "Nickel (HS4 7504) Trade Overview | Yugalinks",
  "description": "Review reported global trade for nickel at HS4 7504, including scale, trend, corridors, countries, and the HS6 products within this subsector.",
  "canonical": "https://www.yugalinks.com/trade/sector/hs4/7504",
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    "sameAs": [
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  },
  "sourceAttribution": {
    "publisher": "OECD",
    "dataset": "Balanced international merchandise trade statistics (BIMTS) - HS2017-6D",
    "year": 2025,
    "citation": "OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-27)",
    "sourceUrl": "https://data-explorer.oecd.org/",
    "dataflowUrl": "https://sdmx.oecd.org/sti-public/rest/dataflow/OECD.SDD.TPS/DSD_BIMTS_6D@DF_BIMTS_HS2017_6D/1.0",
    "termsUrl": "https://www.oecd.org/termsandconditions/",
    "terms": "OECD Terms & Conditions",
    "accessed": "2026-08-27",
    "supportingSources": [
      {
        "publisher": "CEPII",
        "dataset": "BACI bilateral trade flows",
        "release": "202601",
        "citation": "Gaulier, G. and Zignago, S. (2010), BACI: International Trade Database at the Product-Level. The 1994-2007 Version, CEPII Working Paper No. 2010-23.",
        "sourceUrl": "https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html",
        "datasetUrl": "https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37",
        "licenseUrl": "https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf",
        "license": "Etalab 2.0 Open Licence",
        "accessed": "2026-08-27"
      }
    ]
  },
  "links": {
    "html": "https://www.yugalinks.com/trade/sector/hs4/7504/index.html",
    "markdown": "https://www.yugalinks.com/trade/sector/hs4/7504/index.md",
    "json": "https://www.yugalinks.com/trade/sector/hs4/7504/index.json",
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  "internalLinks": {
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    "platform": "https://www.yugalinks.com/platform",
    "methodology": "https://www.yugalinks.com/methodology",
    "dataSources": "https://www.yugalinks.com/data-sources",
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  "subsector": {
    "hs4": "7504",
    "name": "Nickel"
  },
  "coverage": {
    "firstDataYear": 1995,
    "latestDataYear": 2024,
    "yearsWithData": 30,
    "refreshedAt": "2026-07-20 09:34:09"
  },
  "answer": "The nickel subsector recorded $1.2B in reported global trade in 2024, with -22.8% annual change.",
  "keyFigures": {
    "latestTradeUsd": 1227366681.5970848,
    "latestAnnualChangePct": -22.778179515471464,
    "activeExporters": 73,
    "activeImporters": 125,
    "activeHs6Products": 1
  },
  "growthAndStructure": {
    "trendLabel": "Declining",
    "tradeCagr3yPct": -8.478477313478304,
    "tradeCagr5yPct": 0.13851956983557123,
    "historicalPeakUsd": 2056548821.6740122,
    "historicalPeakYear": 2022,
    "positiveGrowthYearSharePct": 58.62068965517241,
    "exporterConcentrationHhi": 1232.8221206888736,
    "importerConcentrationHhi": 1238.7447368913527,
    "tradeVolatilityCv": 0.5345701473712089
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  "annualRows": [
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      "year": 1995,
      "hs4": 7504,
      "global_trade_usd": 342012441.3976069,
      "corridor_count": 590,
      "active_hs6_count": 1
    },
    {
      "year": 1996,
      "hs4": 7504,
      "global_trade_usd": 326510854.1263421,
      "corridor_count": 597,
      "active_hs6_count": 1
    },
    {
      "year": 1997,
      "hs4": 7504,
      "global_trade_usd": 363147858.98137015,
      "corridor_count": 613,
      "active_hs6_count": 1
    },
    {
      "year": 1998,
      "hs4": 7504,
      "global_trade_usd": 322115614.3167669,
      "corridor_count": 615,
      "active_hs6_count": 1
    },
    {
      "year": 1999,
      "hs4": 7504,
      "global_trade_usd": 336877775.21381664,
      "corridor_count": 724,
      "active_hs6_count": 1
    },
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      "year": 2000,
      "hs4": 7504,
      "global_trade_usd": 431139048.0706874,
      "corridor_count": 764,
      "active_hs6_count": 1
    },
    {
      "year": 2001,
      "hs4": 7504,
      "global_trade_usd": 322801715.977785,
      "corridor_count": 804,
      "active_hs6_count": 1
    },
    {
      "year": 2002,
      "hs4": 7504,
      "global_trade_usd": 326624106.44036597,
      "corridor_count": 859,
      "active_hs6_count": 1
    },
    {
      "year": 2003,
      "hs4": 7504,
      "global_trade_usd": 379422951.34855735,
      "corridor_count": 775,
      "active_hs6_count": 1
    },
    {
      "year": 2004,
      "hs4": 7504,
      "global_trade_usd": 592672292.8215226,
      "corridor_count": 796,
      "active_hs6_count": 1
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      "year": 2005,
      "hs4": 7504,
      "global_trade_usd": 614802173.1001395,
      "corridor_count": 778,
      "active_hs6_count": 1
    },
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      "year": 2006,
      "hs4": 7504,
      "global_trade_usd": 827669239.5874106,
      "corridor_count": 810,
      "active_hs6_count": 1
    },
    {
      "year": 2007,
      "hs4": 7504,
      "global_trade_usd": 1347814793.886147,
      "corridor_count": 846,
      "active_hs6_count": 1
    },
    {
      "year": 2008,
      "hs4": 7504,
      "global_trade_usd": 1046955782.3842809,
      "corridor_count": 861,
      "active_hs6_count": 1
    },
    {
      "year": 2009,
      "hs4": 7504,
      "global_trade_usd": 510122424.8730366,
      "corridor_count": 804,
      "active_hs6_count": 1
    },
    {
      "year": 2010,
      "hs4": 7504,
      "global_trade_usd": 973316921.8388696,
      "corridor_count": 916,
      "active_hs6_count": 1
    },
    {
      "year": 2011,
      "hs4": 7504,
      "global_trade_usd": 1067583095.1254427,
      "corridor_count": 904,
      "active_hs6_count": 1
    },
    {
      "year": 2012,
      "hs4": 7504,
      "global_trade_usd": 898366835.626802,
      "corridor_count": 938,
      "active_hs6_count": 1
    },
    {
      "year": 2013,
      "hs4": 7504,
      "global_trade_usd": 845547732.2474258,
      "corridor_count": 968,
      "active_hs6_count": 1
    },
    {
      "year": 2014,
      "hs4": 7504,
      "global_trade_usd": 896134773.0027066,
      "corridor_count": 988,
      "active_hs6_count": 1
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    {
      "year": 2015,
      "hs4": 7504,
      "global_trade_usd": 745620323.9113438,
      "corridor_count": 1092,
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      "year": 2016,
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      "global_trade_usd": 624413686.3197615,
      "corridor_count": 1000,
      "active_hs6_count": 1
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      "year": 2017,
      "hs4": 7504,
      "global_trade_usd": 822843075.8787279,
      "corridor_count": 1017,
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    },
    {
      "year": 2018,
      "hs4": 7504,
      "global_trade_usd": 1197899860.8613834,
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      "active_hs6_count": 1
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      "year": 2019,
      "hs4": 7504,
      "global_trade_usd": 1218901177.960636,
      "corridor_count": 1050,
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    },
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      "year": 2020,
      "hs4": 7504,
      "global_trade_usd": 1034690732.4116278,
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      "year": 2021,
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      "exporter_name": "Australia",
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    },
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  ],
  "products": [
    {
      "hs_code": "750400",
      "product_name": "Nickel: powders and flakes"
    }
  ],
  "methodology": {
    "reportedValues": "Merchandise trade observations aggregated to HS4.",
    "calculatedIndicators": "Growth, concentration, volatility, and peak comparisons calculated from reported observations.",
    "missingData": "Missing values remain unavailable and are not imputed."
  }
}