Nickel Ore in Brazil | The Observatory of Economic Complexity

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Exports In 2022, Brazil exported $320M in Nickel Ore, making it the 7th largest exporter of Nickel Ore in the world. At the same year, Nickel Ore was the 99th most exported product in Brazil. The main destination of Nickel Ore exports from Brazil are: Finland ($151M), China ($101M), Canada ($68.8M), Netherlands ($30.2k), and Peru ($5.43k).

The fastest growing export markets for Nickel Ore of Brazil between 2021 and 2022 were Finland ($81.9M), Canada ($68.8M), and Netherlands ($30.2k).

Imports In 2022, Brazil imported $3.96M in Nickel Ore, becoming the 14th largest importer of Nickel Ore in the world. At the same year, Nickel Ore was the 902nd most imported product in Brazil. Brazil imports Nickel Ore primarily from: United States ($1.77M), Malaysia ($1.12M), Netherlands ($497k), Canada ($420k), and India ($87.6k).

The fastest growing import markets in Nickel Ore for Brazil between 2021 and 2022 were United States ($1.72M), Malaysia ($788k), and Netherlands ($267k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Nickel Ore from Brazil to the United States.

Latest Trends

February 2024

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Overview In February 2024 Brazil's Nickel Ore exports accounted up to $15.4M and imports accounted up to $592k, resulting in a positive trade balance of $14.8M. Between February 2023 and February 2024 the exports of Brazil's Nickel Ore have increased by $15.4M (1.06M%) from $1.45k to $15.4M, while imports increased by $442k (294%) from $150k to $592k.

Destinations In February 2024, Nickel Ore were exported mostly to Finland ($15.4M), Peru ($2.34k), United Kingdom ($1.14k), Indonesia ($1.13k), and United States ($106), and were imported mostly from Canada ($525k) and Singapore ($67.4k).

Growth In February 2024, the increase in Nickel Ore's year-by-year exports was explained primarily by an increase in exports to . In February 2024, the increase in Nickel Ore's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$15.4M(1.06M%)

IMPORT GROWTH (November 2022 - February 2024)$442k(294%)

MAIN EXPORTER (February 2024)Bahia$17.3M

MAIN DESTINATION (February 2024)Finland$15.4M

This section shows Nickel Ore's exports and imports data at subnational level for Brazil. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Nickel Ore over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$320M

IMPORTS (2022)$3.96M

NET TRADE (2022)$316M

In 2022, Brazil exported $320M in Nickel Ore. The main destinations of Brazil exports on Nickel Ore were Finland ($151M), China ($101M), Canada ($68.8M), Netherlands ($30.2k), and Peru ($5.43k).

In 2022, Brazil imported $3.96M in Nickel Ore, mainly from United States ($1.77M), Malaysia ($1.12M), Netherlands ($497k), Canada ($420k), and India ($87.6k).

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