2023
Exports
$90.9MWorld Rnk 11 / 99
Flag Rnk 170 / 1208
2023
PRODUCT COMPLEXITY IN Nickel Bars
1.34Rnk 72 / 1025
2023
Imports
$3.9MWorld Rnk 46 / 169
Flag Rnk 927 / 1207
2023
ECONOMIC COMPLEXITY of Australia
-0.28Rnk 75 / 132

About

Exports In 2023, Australia exported $90.9M in Nickel Bars, making it the 11th largest exporter of Nickel Bars in the world. At the same year, Nickel Bars was the 170th most exported product in Australia. The main destination of Nickel Bars exports from Australia are: United States ($53.9M), China ($13.3M), Singapore ($10.5M), United Kingdom ($7.57M), and South Korea ($2.74M).

The fastest growing export markets for Nickel Bars of Australia between 2022 and 2023 were China ($7.77M), Singapore ($3.55M), and United States ($3.03M).

Imports In 2023, Australia imported $3.9M in Nickel Bars, becoming the 46th largest importer of Nickel Bars in the world. At the same year, Nickel Bars was the 927th most imported product in Australia. Australia imports Nickel Bars primarily from: United States ($776k), Italy ($753k), Germany ($598k), United Kingdom ($471k), and Japan ($390k).

The fastest growing import markets in Nickel Bars for Australia between 2022 and 2023 were Italy ($428k), Japan ($104k), and India ($104k).

Latest Trends

Jan 2025

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Nickel Bars. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$90.9M
IMPORTS (2023)$3.9M
NET TRADE (2023)$87M

In 2023, Australia exported $90.9M in Nickel Bars. The main destinations of Australia exports on Nickel Bars were United States ($53.9M), China ($13.3M), Singapore ($10.5M), United Kingdom ($7.57M), and South Korea ($2.74M).

In 2023, Australia imported $3.9M in Nickel Bars, mainly from United States ($776k), Italy ($753k), Germany ($598k), United Kingdom ($471k), and Japan ($390k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Nickel Bars EXPORT MARKETS FOR Australia WERE (2022 - 2023):
China$7.77M (141%)
Singapore$3.55M (51.4%)
United States$3.03M (5.94%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nickel Bars BY Australia WERE (2022 - 2023):
France-$311k (-89.9%)
Czechia-$248k (-100%)
Tunisia-$101k (-92.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Australia's main exporting competitors in Nickel Bars were:
In 2023, Australia's main importing competitors in Nickel Bars were:

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Trade Value of Nickel Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $2.59M
TOP IMPORT POTENTIALUnited States+ $575k

Nickel Bars’s highest export potential is China. With an export gap of $2.59M.   Nickel Bars’s highest import potential is United States with an import gap of $575k.

See methodology.

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