Scrap Nickel in Canada | The Observatory of Economic Complexity

About

Exports In 2022, Canada exported $57.1M in Scrap Nickel, making it the 8th largest exporter of Scrap Nickel in the world. At the same year, Scrap Nickel was the 472nd most exported product in Canada. The main destination of Scrap Nickel exports from Canada are: United States ($54.8M), United Kingdom ($778k), Brazil ($482k), Germany ($424k), and Japan ($262k).

The fastest growing export markets for Scrap Nickel of Canada between 2021 and 2022 were United States ($24.1M), United Kingdom ($505k), and Brazil ($482k).

Imports In 2022, Canada imported $63.5M in Scrap Nickel, becoming the 5th largest importer of Scrap Nickel in the world. At the same year, Scrap Nickel was the 656th most imported product in Canada. Canada imports Scrap Nickel primarily from: United States ($58.8M), United Kingdom ($1.74M), Singapore ($673k), Japan ($467k), and Finland ($331k).

The fastest growing import markets in Scrap Nickel for Canada between 2021 and 2022 were United States ($27.5M), United Kingdom ($1.47M), and Singapore ($521k).

Latest Trends

February 2024

About

Overview In February 2024 Canada's Scrap Nickel exports accounted up to C$5.86M and imports accounted up to C$7.82M, resulting in a negative trade balance of C$1.96M. Between February 2023 and February 2024 the exports of Canada's Scrap Nickel have decreased by C$-4.36M (-42.7%) from C$10.2M to C$5.86M, while imports decreased by C$-1.64M (-17.4%) from C$9.46M to C$7.82M.

Destinations In February 2024, Scrap Nickel were exported mostly to United States (C$5.86M), and were imported mostly from United States (C$7.53M), France (C$165k), and United Kingdom (C$128k).

Growth In February 2024, the decrease in Scrap Nickel's year-by-year exports was explained primarily by a decrease in exports to . In February 2024, the decrease in Scrap Nickel's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)C$-4.36M(-42.7%)

IMPORT GROWTH (February 2023 - February 2024)C$-1.64M(-17.4%)

MAIN EXPORTER (February 2024)QuebecC$5.47M

MAIN DESTINATION (February 2024)United StatesC$5.86M

This section shows Scrap Nickel's exports and imports data at subnational level for Canada. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Scrap Nickel over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$57.1M

IMPORTS (2022)$63.5M

NET TRADE (2022)-$6.48M

In 2022, Canada exported $57.1M in Scrap Nickel. The main destinations of Canada exports on Scrap Nickel were United States ($54.8M), United Kingdom ($778k), Brazil ($482k), Germany ($424k), and Japan ($262k).

In 2022, Canada imported $63.5M in Scrap Nickel, mainly from United States ($58.8M), United Kingdom ($1.74M), Singapore ($673k), Japan ($467k), and Finland ($331k).

Explore Visualizations