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2023
Exports $38.3MWorld Rnk 15 / 64
Flag Rnk 408 / 1173
falsefalse China
2022 - 2023
FASTEST GROWING MARKETfalseChina
2023
PRODUCT COMPLEXITY IN Nickel Ore-1.64Rnk 964 / 1025
2023
Imports $130kWorld Rnk 35 / 78
Flag Rnk 1150 / 1199
2022 - 2023
FASTEST GROWING ORIGINfalsefalse
2023
ECONOMIC COMPLEXITY of Vietnam0.067Rnk 60 / 132

About

Exports In 2023, Vietnam exported $38.3M in Nickel Ore, making it the 15th largest exporter of Nickel Ore in the world. At the same year, Nickel Ore was the 408th most exported product in Vietnam. The main destination of Nickel Ore exports from Vietnam are: China ($38.3M), Belgium ($2.04k), Netherlands ($89), and Finland ($1).

The fastest growing export markets for Nickel Ore of Vietnam between 2022 and 2023 were China ($38.1M), Belgium ($2.04k), and Finland ($1).

Imports In 2023, Vietnam imported $130k in Nickel Ore, becoming the 35th largest importer of Nickel Ore in the world. At the same year, Nickel Ore was the 1150th most imported product in Vietnam. Vietnam imports Nickel Ore primarily from: Germany ($130k).

Latest Trends

Dec 2024

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 Ore. 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)$38.3M
IMPORTS (2023)$130k
NET TRADE (2023)$38.1M

In 2023, Vietnam exported $38.3M in Nickel Ore. The main destinations of Vietnam exports on Nickel Ore were China ($38.3M), Belgium ($2.04k), Netherlands ($89), and Finland ($1).

In 2023, Vietnam imported $130k in Nickel Ore, mainly from Germany ($130k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Nickel Ore EXPORT MARKETS FOR Vietnam WERE (2022 - 2023):
China$38.1M (23k%)
Belgium$2.04k (1%)
Finland$1 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nickel Ore BY Vietnam WERE (2022 - 2023):
Australia-$17.9k (-100%)
Netherlands-$5 (-5.32%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Vietnam's main exporting competitors in Nickel Ore were:
Philippines $2.01B
New Caledonia $408M
Australia $398M
In 2023, Vietnam's main importing competitors in Nickel Ore were:
China $3.3B
Canada $889M
Finland $232M

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Trade Value of Nickel Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $118k
TOP IMPORT POTENTIALAustralia+ $27.5k

Nickel Ore’s highest export potential is China. With an export gap of $118k.   Nickel Ore’s highest import potential is Australia with an import gap of $27.5k.

See methodology.

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