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Who buys Norway’s nickel? Export destinations 2024

In 2024, Norway exported $1.6 billion of nickel (110 thousand tonnes), 5.7% of the world total. Its main destinations were Germany (18%), the United States (14%) and France (13%). Norway was the world’s 6th-largest exporter of nickel.

Summary

Value
$1.6billion
Tonnes
110thousand tonnes
Share of world total
5.7%
World rank
6th
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 20 main destinations in the latest year.

PartnerValue (USD millions)TonnesUSD per tonneShareMode
Germany276Tonnes: 15,322USD per tonne: $18,03417.7%Sea
United States222Tonnes: 12,589USD per tonne: $17,60914.2%Sea
France205Tonnes: 11,787USD per tonne: $17,37613.1%Sea
Netherlands re-exports203Tonnes: 32,679USD per tonne: $6,20213%Sea
Sweden137Tonnes: 8,244USD per tonne: $16,6378.8%Land
India107Tonnes: 5,789USD per tonne: $18,5206.9%Sea
China71.4Tonnes: 3,791USD per tonne: $18,8264.6%Sea
United Kingdom64.8Tonnes: 4,043USD per tonne: $16,0284.2%Sea
Japan59.8Tonnes: 3,279USD per tonne: $18,2513.8%Sea
South Korea38.5Tonnes: 2,104USD per tonne: $18,3192.5%Sea
Austria34.2Tonnes: 1,971USD per tonne: $17,3442.2%Sea
Spain26.7Tonnes: 1,761USD per tonne: $15,1811.7%Sea
Turkey15.6Tonnes: 988USD per tonne: $15,8361%Sea
Brazil15.2Tonnes: 848USD per tonne: $17,8930.97%Sea
Mexico13.8Tonnes: 689USD per tonne: $20,0900.89%Sea
Malaysia13.6Tonnes: 792USD per tonne: $17,1370.87%Sea
Taiwan13.2Tonnes: 700USD per tonne: $18,8420.84%Sea
Hong Kong re-exports8.9Tonnes: 1,105USD per tonne: $8,0450.57%Sea
Serbia6.6Tonnes: 384USD per tonne: $17,3080.43%Sea
Thailand4.6Tonnes: 233USD per tonne: $19,5550.29%Sea

Trend

Who it sells to

Germany has been its main destination since 2024

Value in USD billions. The five largest destinations in 2024.

  • Germany 0.28
  • United States 0.22
  • France 0.2
  • Netherlands 0.2
  • Sweden 0.14

Source: CEPII BACI

Show the numbers
Partner19952024
Germany0.050.28
United States0.160.22
France0.020.2
Netherlands0.090.2
Sweden0.030.14

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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