Korea Trade Data

Unwrought nickel: South Korea exports and imports

HS 7502 · 니켈의 괴(塊) · latest month: October 2026

Exports, October 2026
$2.9M
+45.3% vs previous month
vs same month a year earlier
+211.3%
export value
Exports, last 12 months
$33.5M
+63.6% vs 12 months before
Imports, October 2026
$38.9M
Export value per kg
$17.15
net weight, October 2026

In October 2026, South Korea exported $2.9 million of unwrought nickel (HS 7502), up 45.3% from September 2026 and up 211.3% from October 2025.

Over the 12 months to October 2026, exports of unwrought nickel (HS 7502) totalled $33.5 million, up 63.6% from the 12 months before ($20.5 million).

The largest destination over the 12 months to October 2026 was Vietnam ($13.0 million, 38.8% of the total), followed by Pakistan and Japan.

That was 9.6% of South Korea's exports under HS chapter 75 (nickel and articles thereof) over the same 12 months.

Imports in October 2026 were $38.9 million (up 15.7% from October 2025), leaving a deficit of $36.0 million for the month.

Last 24 months

Monthly exportsExport value in US dollars (FOB).
$0M$2M$4M$6M$8MOct ’26May ’26Dec ’25Jul ’25Feb ’25November 2024: $2.4 millionDecember 2024: $2.1 millionJanuary 2025: $2.0 millionFebruary 2025: $2.3 millionMarch 2025: $1.3 millionApril 2025: $1.9 millionMay 2025: $1.5 millionJune 2025: $1.7 millionJuly 2025: $1.4 millionAugust 2025: $1.2 millionSeptember 2025: $1.9 millionOctober 2025: $937,856November 2025: $1.7 millionDecember 2025: $1.8 millionJanuary 2026: $2.1 millionFebruary 2026: $2.1 millionMarch 2026: $2.4 millionApril 2026: $4.1 millionMay 2026: $3.1 millionJune 2026: $6.2 millionJuly 2026: $3.4 millionAugust 2026: $1.7 millionSeptember 2026: $2.0 millionOctober 2026: $2.9 million
Monthly importsImport value in US dollars (CIF).
$0M$20M$40M$60MOct ’26May ’26Dec ’25Jul ’25Feb ’25$38.9MNovember 2024: $45.3 millionDecember 2024: $42.3 millionJanuary 2025: $34.3 millionFebruary 2025: $34.5 millionMarch 2025: $22.4 millionApril 2025: $33.9 millionMay 2025: $37.0 millionJune 2025: $46.9 millionJuly 2025: $34.0 millionAugust 2025: $23.0 millionSeptember 2025: $45.9 millionOctober 2025: $33.6 millionNovember 2025: $31.5 millionDecember 2025: $30.7 millionJanuary 2026: $34.8 millionFebruary 2026: $36.6 millionMarch 2026: $31.7 millionApril 2026: $38.9 millionMay 2026: $36.6 millionJune 2026: $48.9 millionJuly 2026: $46.3 millionAugust 2026: $31.5 millionSeptember 2026: $33.0 millionOctober 2026: $38.9 million

Subheadings under HS 7502

CodeProductExports, 12 monthsSharevs 12 months beforeOctober 2026
7502.10Nickel, not alloyed$29.7M 88.5%+51.0%$2.8M
7502.10.1000Cathode$24.3M 81.9%+106.6%$2.4M
7502.10.9000Other$5.4M 18.1%-31.9%$415K
7502.20Nickel alloys$3.9M 11.5%+364.0%$85K

Six-digit codes are international; the indented ten-digit codes are South Korea's own subdivision. These rows are world totals; "Share" is the share of the row above.

Top destinations

Export value over the 12 months to October 2026. 18 countries received this product from South Korea in the last 24 months.

RankCountryExports, 12 monthsSharevs 12 months before Rank beforeOctober 2026
1Vietnam $13.0M38.8%+116.6%1 $1.2M
2Pakistan $8.2M24.4%+245.8%4 $798K
3Japan $4.1M12.3%+55.4%3 $353K
4United States $3.5M10.4%+474.4%7 $0
5Thailand $1.8M5.5%-9.6%5 $174K
6Indonesia $1.1M3.3%-30.1%6 $46K
7China $759K2.3%+131.0%11 $129K
8Malaysia $371K1.1%+374.8%13 $35K
9Saudi Arabia $280K0.8%-39.9%8 $200K
10India $138K0.4%-95.9%2 $480
11Philippines $135K0.4%-6.5%12 $22K
12Chile $62K0.2%–– $0
13Peru $56K0.2%–15 $0
14Taiwan $700.0%–17 $0
–Bangladesh $00.0%-100.0%14 $0
–Belgium $00.0%–16 $0
–Türkiye $00.0%-100.0%10 $0
–United Arab Emirates $00.0%-100.0%9 $0

Countries are linked when exports of this product to them reached $5,000,000 over 24 months.

Monthly figures

MonthExportsvs year earlierExport weightExport $/kg ImportsImport weight
October 2026$2.9M+211.3%170 t $17.15$38.9M2,254 t
September 2026$2.0M+5.5%128 t $15.70$33.0M1,849 t
August 2026$1.7M+35.7%93.0 t $17.77$31.5M1,772 t
July 2026$3.4M+154.6%192 t $17.91$46.3M2,572 t
June 2026$6.2M+262.9%233 t $26.71$48.9M2,643 t
May 2026$3.1M+107.7%152 t $20.34$36.6M2,079 t
April 2026$4.1M+118.4%229 t $18.05$38.9M2,270 t
March 2026$2.4M+83.1%136 t $17.37$31.7M1,792 t
February 2026$2.1M-9.2%117 t $17.56$36.6M2,187 t
January 2026$2.1M+8.9%136 t $15.77$34.8M2,178 t
December 2025$1.8M-14.4%115 t $15.57$30.7M2,008 t
November 2025$1.7M-28.0%105 t $16.32$31.5M2,213 t
October 2025$938K-8.5%55.7 t $16.84$33.6M2,328 t
September 2025$1.9M+2.2%107 t $17.80$45.9M3,462 t
August 2025$1.2M-43.1%75.0 t $16.23$23.0M1,458 t
July 2025$1.4M-25.8%80.3 t $16.87$34.0M2,210 t
June 2025$1.7M+36.8%105 t $16.33$46.9M3,403 t
May 2025$1.5M-91.0%90.0 t $16.51$37.0M2,368 t
April 2025$1.9M-3.3%112 t $16.97$33.9M2,115 t
March 2025$1.3M-90.6%68.3 t $18.88$22.4M1,344 t
February 2025$2.3M-30.4%137 t $16.52$34.5M2,167 t
January 2025$2.0M-81.2%123 t $16.06$34.3M2,124 t
December 2024$2.1M-25.2%126 t $16.66$42.3M2,555 t
November 2024$2.4M+194.1%138 t $17.26$45.3M2,679 t

Exports FOB, imports CIF, US dollars. Weight is net weight. "vs year earlier" compares export value with the same month one year before and is left blank when that month was under $10,000. Source: Korea Customs Service, via data.go.kr.