Leading International Nickel Export by Country & Company in 2024 - Tendata

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ten data blog12-06-2025

In 2024, the global trade in nickel ores and concentrates amounted to approximately US$3.64 billion.


This figure represents a 5.7% increase over a five-year span, up from $3.44 billion in 2020. However, compared to 2023, global nickel exports fell by 12.1%, down from $4.14 billion the previous year.


Nickel's corrosion resistance makes it essential for products like stainless steel, magnets, rechargeable batteries, plated plumbing hardware, coins, and glass with a green hue.


Top Exporting Nations and Regional Breakdown

The five largest nickel exporters by value in 2024 were: Philippines, Finland, New Caledonia, Russia, Zambia


Together, these countries accounted for 67.8% of all nickel ore and concentrate export revenues worldwide.


By continent:

·Asia led the way with $1.12 billion, comprising 32.8% of the global total.

·Europe followed with 22%,

·Africa came third with 16.7%.

·Oceania (including New Caledonia, Australia, Solomon Islands) contributed 13.7%,

·North America (excluding Mexico but including the Caribbean) – 8.1%,

·Latin America (excluding Mexico but including the Caribbean) – 6.7%.


Note: The Harmonized System code for nickel ores and concentrates is 2604.


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2024's Top 15 Nickel Exporting Countries

Here's a ranking of the top countries by the export value of nickel:

1.Philippines – $1B (28.7%)

2.Finland – $424.6M (11.7%)

3.New Caledonia – $340.7M (9.4%)

4.Russia – $333.4M (9.2%)

5.Zambia – $323.7M (8.9%)

6.Brazil – $231.6M (6.4%)

7.Namibia – $207.8M (5.7%)

8.Canada – $155.3M (4.3%)

9.United States – $138.2M (3.8%)

10.Australia – $119.9M (3.3%)

11.Vietnam – $70.5M (1.9%)

12.Ivory Coast – $58.2M (1.6%)

13.Taiwan – $51.9M (1.4%)

14.Solomon Islands – $38.4M (1.1%)

15.Belgium – $30.1M (0.83%)

These countries collectively shipped 98.1% of all nickel exported in 2024.


Largest Year-over-Year Changes in Export Volumes

Top growth performers since 2023 include:

·Taiwan: +3,971%

·Namibia: +1,043.7%

·Solomon Islands: +613.1%

·Belgium: +393%

Countries with export declines:

·United States: –62.5%

·New Caledonia: –50.6%

·Ivory Coast: –31.8%

·Russia: –13.8%

·Brazil: –5.3%


Leading Nickel Exporting Companies (2024)

According to data from Tendata, these are the top 10 exporters of nickel ore globally in 2024:

1. Jindal Stainless Limited – 3.43% ($261.8M)

2. PT HLI Green Power – 3.25% ($248.28M)

3. Frisa Forjados – 3.02% ($230.23M)

4. Trafigura India Pvt Ltd – 2.77% ($211.76M)

5. RTSB GmbH P | P LG Energy Solution Wroclaw Sp. z o.o. – 2.06% ($156.94M)

6. Bahnoperator Polska (Samsung SDI Hungary) – 1.84% ($140.75M)

7. Kothari Metals Ltd – 1.69% ($128.64M)

8. RTSB GmbH P | P LG Energy Solution Wroclaw Sp. z.o.o. – 1.66% ($126.38M)

9. Công Ty TNHH Hanwha Aero Engines – 1.6% ($122.29M)

10. Hindustan Aeronautics Ltd – 1.59% ($121.46M)


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You May Also Be Interested in These Contents:

1. The Best 10 Free Trade Data Platforms to Make Import & Export Easier!

2. What is the Best Global Trade Database?

3. Free Import and Export Data Online



Trade Data: Tendata has accumulated 10 billion+ trade transaction details from 228+ countries and regions, supporting one-click query of major import and export countries, customer distribution, product volume and price, etc., which helps import and export enterprises to accurately understand the global market and the trade environment of the target market.


Business Data: Tendata has a total of 500 million+ in-depth enterprise data, involving 198 countries and 230+ industry segments, covering the current operation status, financial information, product information, business relationships, intellectual property rights, etc. The data is fine, which makes it easy to assess the real strength of the target customers in depth, and expand the potential customer base.


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