In the first ten months of 2025, imports of nickel and nickel products fell by 4.8% to $21.05 million, while in October, nickel imports amounted to $3.81 million, according to data from the State Customs Service.
At the same time, exports almost doubled to $1.13 million, compared to $0.57 million in 2024.
In 2024, nickel imports, on the contrary, rose sharply by 73.7% to $26.73 million after falling by 74% in 2023.
Nickel is used in the production of stainless steel and for nickel plating. Nickel is also used in the production of batteries, in powder metallurgy, and in chemical reagents.