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283324 (Harmonized System 1992 for 6-digit)

2022
World Trade $1.21BRnk 1979 / 4648
2022
Top Exporter | Top Importer $301M | $500MFinland | Japan
2022
Product Complexity 1.1Rnk 642 / 4653
2021 - 2022
Export Growth (CAGR) 22.6%Rnk 665 / 4648
2022
Share of World Trade 0.0051%Rnk 1979 / 4648

About

Overview This page contains the latest trade data of Nickel sulphates. In 2022, Nickel sulphates were the world's 1979th most traded product, with a total trade of $1.21B. Between 2021 and 2022 the exports of Nickel sulphates grew by 22.6%, from $984M to $1.21B. Trade in Nickel sulphates represent 0.0051% of total world trade.

Nickel sulphates are a part of Sulfates.

Exports In 2022 the top exporters of Nickel sulphates  were Finland ($301M), Chinese Taipei ($251M), South Korea ($206M), Belgium ($155M), and Australia ($67M).

Imports In 2022 the top importers of Nickel sulphates were Japan ($500M), China ($267M), Belgium ($72.7M), South Korea ($49.9M), and Canada ($40.9M).

Ranking Nickel sulphates ranks 642nd in the Product Complexity Index (PCI).

Description Nickel sulphates are used to make nickel metal. They also act as an insecticide in the form of a white powder.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Nickel sulphates. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)Finland$301M
Top Destination (2022)Japan$500M

In 2022 Nickel sulphates were the world's 1979th most traded product (out of 4,648).

In 2022, the top exporters of Nickel sulphates were Finland ($301M), Chinese Taipei ($251M), South Korea ($206M), Belgium ($155M), and Australia ($67M).

In 2022, the top importers of Nickel sulphates were Japan ($500M), China ($267M), Belgium ($72.7M), South Korea ($49.9M), and Canada ($40.9M).

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Exporters of Nickel sulphates (2022)
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Importers of Nickel sulphates (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Finland$166M
Top Destination Growth (2021 -  2022)China$79.2M

Between 2021 and 2022, the exports of Nickel sulphates grew the fastest in Finland ($166M), Australia ($66.9M), Belgium ($23.4M), Cyprus ($9.51M), and Sweden ($6.02M).

Between 2021 and 2022, the fastest growing importers of Nickel sulphates were China ($79.2M), Japan ($49.7M), Belgium ($30.9M), South Korea ($26.4M), and Philippines ($12.2M).

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Exporters of Nickel sulphates (2021 - 2022)

Importers of Nickel sulphates (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Nickel sulphates.

In 2022, market concentration measured using Shannon Entropy, was 3.2. This means that most of the exports of Nickel sulphates are explained by 9 countries.

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Value of Exports in Nickel sulphates

Net Trade

TOP NET EXPORTER (2022)Finland$300M
TOP NET IMPORTER (2022)Japan$469M

This map shows which countries export or import more of Nickel sulphates. Each country is colored based on the difference in exports and imports of Nickel sulphates during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Nickel sulphates were Finland ($300M), Chinese Taipei ($235M), South Korea ($156M), Belgium ($82.2M), and Australia ($60.9M).

In 2022, the countries that had a largest trade value in imports than in exports of Nickel sulphates were Japan ($469M), China ($259M), Canada ($39.8M), Philippines ($28.3M), and Malaysia ($24M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Nickel sulphates.
It is possible to select the main countries that export or import Nickel sulphates in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Nickel sulphates by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

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