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2022
Exports $629kWorld Rnk 26 / 71
Flag Rnk 1193 / 1216
2022
Destination $361k Czechia
2021 - 2022
FASTEST GROWING MARKET $361kCzechia
2022
PRODUCT COMPLEXITY IN Nickel Ore-1.62Rnk 962 / 1025
2022
Imports $2.96BWorld Rnk 1 / 67
Flag Rnk 110 / 1212
2022
Origin $373M Philippines
2021 - 2022
FASTEST GROWING ORIGIN $373MRussia
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $629k in Nickel Ore, making it the 26th largest exporter of Nickel Ore in the world. At the same year, Nickel Ore was the 1193rd most exported product in China. The main destination of Nickel Ore exports from China are: Czechia ($401k), Indonesia ($112k), United States ($65k), Italy ($44.7k), and Malaysia ($2.18k).

The fastest growing export markets for Nickel Ore of China between 2021 and 2022 were Czechia ($361k), Indonesia ($108k), and Italy ($26.8k).

Imports In 2022, China imported $2.96B in Nickel Ore, becoming the 1st largest importer of Nickel Ore in the world. At the same year, Nickel Ore was the 110th most imported product in China. China imports Nickel Ore primarily from: Philippines ($1.2B), Australia ($394M), Russia ($383M), New Caledonia ($324M), and Finland ($287M).

The fastest growing import markets in Nickel Ore for China between 2021 and 2022 were Russia ($373M), Australia ($320M), and Finland ($249M).

Latest Trends

April 2024

About

Overview In April 2024 China's Nickel Ore exports accounted up to $15k and imports accounted up to $222M, resulting in a negative trade balance of $222M. Between January 2023 and April 2024 the exports of China's   Nickel Ore have increased by $15k (33.3k%) from $45 to $15k, while imports decreased by $-19.1M (-7.93%) from $241M to $222M.

Destinations In April 2024, Nickel Ore were exported mostly to , and were imported mostly from Philippines ($187M), New Caledonia ($13.4M), Russia ($11.7M), Cote d'Ivoire ($5.16M), and Solomon Islands ($3.06M).

Growth In April 2024, the increase in Nickel Ore's year-by-year exports was explained primarily by an increase in exports to . In May 2024, the decrease in Nickel Ore's year-by-year imports was explained primarily by a decrease in imports from Brazil ($-31.1M or -50.9%), Philippines ($-30.4M or -29.6%), and Russia ($-27.6M or -77.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2023 - April 2024)$15k(33.3k%)
IMPORT GROWTH (May 2023 - May 2024)$-19.1M(-7.93%)
MAIN EXPORTER (April 2024)Gansu Province$15k
MAIN DESTINATION (April 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 (2022)$629k
IMPORTS (2022)$2.96B
NET TRADE (2022)-$2.96B

In 2022, China exported $629k in Nickel Ore. The main destinations of China exports on Nickel Ore were Czechia ($401k), Indonesia ($112k), United States ($65k), Italy ($44.7k), and Malaysia ($2.18k).

In 2022, China imported $2.96B in Nickel Ore, mainly from Philippines ($1.2B), Australia ($394M), Russia ($383M), New Caledonia ($324M), and Finland ($287M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nickel Ore EXPORT MARKETS FOR China WERE (2021 - 2022):
Czechia$361k (894%)
Indonesia$108k (2.38k%)
Italy$26.8k (150%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nickel Ore BY China WERE (2021 - 2022):
United States-$33.5k (-34%)
Saudi Arabia-$16.4k (-100%)
United Kingdom-$8.98k (-97.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Nickel Ore were:
Philippines $1.29B
New Caledonia $825M
Russia $411M
In 2022, China's main importing competitors in Nickel Ore were:
Canada $527M
South Korea $339M

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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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