๐ฌ๐ง United Kingdom exports of nickel ingots: 2024 trade data
The United Kingdom exported $766.6 million of nickel ingots in 2024 (34.0 thousand tonnes). That makes it the 9th largest exporter of this product worldwide, out of 81 countries. Value fell 3% from 2023. Over 2017-2024 the trade grew strongly, by about 8% a year on average.
Public statistics, latest reported year 2024. Values in US dollars.
Exports of nickel ingots by year, 2017-2024
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Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $766.6M | 34.0K t |
| 2023 | $794.0M | 32.2K t |
| 2022 | $722.9M | 30.4K t |
| 2021 | $580.2M | 28.8K t |
| 2020 | $543.2M | 34.8K t |
| 2019 | $507.3M | 32.4K t |
| 2018 | $537.6M | 35.0K t |
| 2017 | $437.3M | 37.1K t |
Where the United Kingdom exports nickel ingots to
Most of it went to China (11%), Belgium (10%), United States (9%). Trade is spread widely: the top three buyer markets together make up only 30%. Among the main buyer markets, Netherlands grew fastest (+94% on the year before).
| Destination | Value | Share |
|---|---|---|
| ๐จ๐ณ China | $86.6M | 11% |
| ๐ง๐ช Belgium | $73.9M | 9.6% |
| ๐บ๐ธ United States | $70.5M | 9.2% |
| ๐ณ๐ฑ Netherlands | $70.4M | 9.2% |
| ๐ฏ๐ต Japan | $66.3M | 8.7% |
| ๐ฉ๐ช Germany | $65.5M | 8.5% |
| ๐ธ๐ช Sweden | $61.7M | 8.1% |
| ๐ซ๐ท France | $58.4M | 7.6% |
| ๐ฎ๐น Italy | $52.6M | 6.9% |
| ๐ฎ๐ณ India | $36.0M | 4.7% |
Types of nickel ingots under HS 7502
| 7502.10 | Nickel: unwrought, not alloyed | 67% |
| 7502.20 | Nickel: unwrought, alloys | 33% |
Codes and full descriptions: HS heading 7502.
Average export price of nickel ingots
The average declared value was about $22.55 per kg, 23% above the world average of $18.31. This usually points to higher-grade or processed goods.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
The United Kingdom also imports nickel ingots
Imports of nickel ingots by the United Kingdom reached $269.0 million in 2024 (10.6 thousand tonnes). Its share of world imports was 2%. Most of the value came from Norway (26%), United States (24%), Australia (12%). Among the main suppliers, Italy grew fastest (+196% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| ๐ณ๐ด Norway | $69.9M | 26% |
| ๐บ๐ธ United States | $63.5M | 24% |
| ๐ฆ๐บ Australia | $32.9M | 12% |
| ๐ฎ๐น Italy | $22.9M | 8.5% |
| ๐จ๐ฆ Canada | $17.4M | 6.5% |
| ๐ซ๐ฎ Finland | $16.7M | 6.2% |
| ๐ง๐ช Belgium | $9.4M | 3.5% |
| ๐ฟ๐ฆ South Africa | $7.5M | 2.8% |
| ๐ฎ๐ฉ Indonesia | $6.3M | 2.3% |
| ๐ฏ๐ต Japan | $5.4M | 2% |
Who is behind these numbers in the United Kingdom?
Public statistics stop at country totals and the last published year. EximDataX shows the shipment records underneath: the companies, dates, quantities and declared values, updated weekly.
Shipment records are in the platform
Tell us what you trade and we will show you the latest records on a live call.
Direct customs feed: shipment-level records from the official customs source.
Updated weekly on EximDataX (some markets daily), while public statistics stop at 2024.
Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 7502: Nickel; unwrought.
Nickel ingots trade in the United Kingdom: questions
What is the value of nickel ingots imported by the United Kingdom?
The United Kingdom imported nickel ingots worth $269.0 million in 2024 (10.6 thousand tonnes).
Where does the United Kingdom import nickel ingots from?
The main supplier countries in 2024 were Norway (26%), United States (24%), Australia (12%).
What is the average import price of nickel ingots in the United Kingdom?
The average declared import value was about $25.44 per kg in 2024, against a world average of $18.31 per kg.
Does the United Kingdom export nickel ingots?
Yes. The United Kingdom exported nickel ingots worth $766.6 million in 2024, mainly to China, Belgium, United States.
What is the HS code for nickel ingots?
Nickel ingots falls under HS heading 7502 (Nickel; unwrought). The six-digit codes under it split the product by type.
How can I find the companies trading nickel ingots with the United Kingdom?
These public statistics stop at country level. EximDataX has a direct customs feed for the United Kingdom with shipment-level records, updated weekly, where you can see the importers and exporters by name.
Nickel ingots trade in other countries
More trade data for the United Kingdom
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