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2023
Exports $644kWorld Rnk 33 / 64
Flag Rnk 1194 / 1215
2023
Destination $287k Czechia
2022 - 2023
FASTEST GROWING MARKET $287kGermany
2023
PRODUCT COMPLEXITY IN Nickel Ore-1.64Rnk 964 / 1025
2023
Imports $3.3BWorld Rnk 1 / 78
Flag Rnk 97 / 1214
2023
Origin $771M Philippines
2022 - 2023
FASTEST GROWING ORIGIN $771MPhilippines
2023
ECONOMIC COMPLEXITY of China1.16Rnk 21 / 132

About

Exports In 2023, China exported $644k in Nickel Ore, making it the 33rd largest exporter of Nickel Ore in the world. At the same year, Nickel Ore was the 1194th most exported product in China. The main destination of Nickel Ore exports from China are: Czechia ($296k), Germany ($287k), Indonesia ($46.3k), Tanzania ($4.57k), and Netherlands ($4.17k).

The fastest growing export markets for Nickel Ore of China between 2022 and 2023 were Germany ($287k), Tanzania ($4.57k), and Saudi Arabia ($1.33k).

Imports In 2023, China imported $3.3B in Nickel Ore, becoming the 1st largest importer of Nickel Ore in the world. At the same year, Nickel Ore was the 97th most imported product in China. China imports Nickel Ore primarily from: Philippines ($1.98B), Russia ($371M), New Caledonia ($323M), Australia ($244M), and Cote d'Ivoire ($105M).

The fastest growing import markets in Nickel Ore for China between 2022 and 2023 were Philippines ($771M), Vietnam ($38.1M), and Solomon Islands ($5.39M).

Latest Trends

June 2024

About

Overview In June 2024 China's Nickel Ore exports accounted up to $86 and imports accounted up to $147M, resulting in a negative trade balance of $147M. Between February 2023 and June 2024 the exports of China's   Nickel Ore have decreased by $-98 (-53.3%) from $184 to $86, while imports decreased by $-85.1M (-36.7%) from $232M to $147M.

Destinations In June 2024, Nickel Ore were exported mostly to , and were imported mostly from Philippines ($62.9M), Russia ($39.6M), New Caledonia ($18.9M), Australia ($16.7M), and Solomon Islands ($3.93M).

Growth In June 2024, the decrease in Nickel Ore's year-by-year exports was explained primarily by a decrease in exports to . In December 2024, the decrease in Nickel Ore's year-by-year imports was explained primarily by a decrease in imports from Philippines ($-44.3M or -61.2%), Guatemala ($-10.9M or -83.9%), and New Caledonia ($-3.67M or -20.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (February 2023 - June 2024)$-98(-53.3%)
IMPORT GROWTH (December 2023 - December 2024)$-85.1M(-36.7%)
MAIN EXPORTER (June 2024)Gansu Province$15k
MAIN DESTINATION (June 2024)

This section shows Nickel Ore's exports and imports data at subnational level for China. 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
EXPORTS (2023)$644k
IMPORTS (2023)$3.3B
NET TRADE (2023)-$3.3B

In 2023, China exported $644k in Nickel Ore. The main destinations of China exports on Nickel Ore were Czechia ($296k), Germany ($287k), Indonesia ($46.3k), Tanzania ($4.57k), and Netherlands ($4.17k).

In 2023, China imported $3.3B in Nickel Ore, mainly from Philippines ($1.98B), Russia ($371M), New Caledonia ($323M), Australia ($244M), and Cote d'Ivoire ($105M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Nickel Ore EXPORT MARKETS FOR China WERE (2022 - 2023):
Germany$287k (1%)
Tanzania$4.57k (1%)
Saudi Arabia$1.33k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nickel Ore BY China WERE (2022 - 2023):
Indonesia-$248k (-84.3%)
Czechia-$144k (-32.8%)
United States-$122k (-97.6%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Nickel Ore were:
Philippines $2.01B
New Caledonia $408M
Australia $398M
In 2023, China's main importing competitors in Nickel Ore were:
Canada $889M
Finland $232M

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Trade Value of Nickel Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFinland+ $3.64k
TOP IMPORT POTENTIALRussia+ $75.5M

Nickel Ore’s highest export potential is Finland. With an export gap of $3.64k.   Nickel Ore’s highest import potential is Russia with an import gap of $75.5M.

See methodology.

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