European nickel trade balance data indicates significant variation among countries. Macedonia leads with a trade balance share of 89.88K metric tons, experiencing a 7.68% year-on-year increase. Finland follows with 8.77K metric tons, showing a 4.7% rise. Notably, Albania records a substantial negative balance of -16.65K metric tons. Positive trends are visible in the UK and Serbia with respective increases of 12.29% and 33.14%, while Italy and Norway experience declines. Luxembourg sees a remarkable 71.88% increase despite a smaller overall volume.
Future trends to watch include potential shifts in trade dynamics due to market disruptions and environmental policies, which could impact production and export capacities across European nations. Monitoring developments in supply chain realignments and renewable energy initiatives will be crucial for assessing future trade balance changes in the nickel sector.
Top countries in Nickel Trade Balance Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Macedonia | 89.88 | 2023 | -0.18% | +7.68% | View data |
| 2 | 2 Finland | 8.77 | 2023 | +6.03% | +4.7% | View data |
| 3 | 3 Norway | 3.57 | 2023 | 0% | -3.58% | View data |
| 4 | 4 Germany | 2.74 | 2023 | +6.09% | +4.17% | View data |
| 5 | 5 Italy | 2.2 | 2023 | +0.015% | -5.35% | View data |
| 6 | 6 France | 2.19 | 2023 | +5.68% | View data | |
| 7 | 7 Sweden | 2.03 | 2023 | +0.042% | View data | |
| 8 | 8 United Kingdom | 1.95 | 2023 | -0.22% | +12.29% | View data |
| 9 | 9 Spain | 1.38 | 2023 | +8.68% | View data | |
| 10 | 10 Austria | 0.79 | 2023 | +2.46% | View data |
