How much nickel does Norway export?
It is the largest exporter by value: $2.2 billion in 2024, 15% of world exports of unwrought nickel (HS 7502) (CEPII BACI). Its biggest customer is the Netherlands, which takes 38% of its nickel exports by value.
All about nickel · All about Norway · Nickel price history
Norway's nickel exports
| World rank | Export value | Share of world exports | Quantity (tonnes) | Average value per tonne | Year |
|---|---|---|---|---|---|
| 1 | $2.2 billion | 15% | 121,683 t | $17,912 | 2024 |
CEPII BACI international trade database (HS22, V202601), HS 7502 (Unwrought nickel).
Where Norway's nickel goes
| Destination | Value | Share of Norway's exports |
|---|---|---|
| Netherlands | $825M | 38% |
| Germany | $276M | 13% |
| United States | $213M | 9.8% |
| France | $205M | 9.4% |
| Sweden | $141M | 6.5% |
The nickel price Norway sells into
The benchmark price, LME cash, was $16,324/t in September 2026, up 8% over twelve months. Its five-year volatility is 28% a year, calmer in 74% of its earlier five-year windows. A single country's export price can differ from the benchmark: see trade price against benchmark. Monthly averages lag the market and are not investment advice. Nickel price history.
Cite as: Commodity Origins, "Norway nickel: production, exports and prices", https://commodityorigins.com/countries/NOR/nickel/ (CC BY 4.0). Rankings count only countries reporting to the sources named; this page is shown only for top-five producers or exporters with at least 3% of the world total. Report an issue with this page.