Nickel Ore in South Africa | The Observatory of Economic Complexity

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Exports In 2022, South Africa exported $38.2M in Nickel Ore, making it the 13th largest exporter of Nickel Ore in the world. At the same year, Nickel Ore was the 287th most exported product in South Africa. The main destination of Nickel Ore exports from South Africa are: Canada ($33.1M), Finland ($4.94M), Belgium ($185k), Zambia ($5.12k), and China ($2.26k).

The fastest growing export markets for Nickel Ore of South Africa between 2021 and 2022 were Canada ($33M), Belgium ($62.6k), and Zambia ($5.12k).

Imports In 2022, South Africa imported $2.31M in Nickel Ore, becoming the 17th largest importer of Nickel Ore in the world. At the same year, Nickel Ore was the 903rd most imported product in South Africa. South Africa imports Nickel Ore primarily from: Netherlands ($1.37M), Botswana ($453k), Germany ($243k), Belgium ($239k), and Brazil ($1.48k).

The fastest growing import markets in Nickel Ore for South Africa between 2021 and 2022 were Botswana ($453k), Germany ($243k), and Belgium ($239k).

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

Latest Trends

November 2023

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Overview In November 2023 South Africa's Nickel Ore exports accounted up to ZAR769k and imports accounted up to ZAR17.5k, resulting in a positive trade balance of ZAR751k. Between June 2022 and November 2023 the exports of South Africa's Nickel Ore have increased by ZAR437k (132%) from ZAR332k to ZAR769k, while imports decreased by ZAR-4.45M (-99.6%) from ZAR4.47M to ZAR17.5k.

Destinations In November 2023, Nickel Ore were exported mostly to , and were imported mostly from Cote d'Ivoire (ZAR17.3k) and Zambia (ZAR189).

Growth In November 2023, the increase in Nickel Ore's year-by-year exports was explained primarily by an increase in exports to . In January 2024, the decrease in Nickel Ore's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (June 2022 - November 2023)ZAR437k(132%)

IMPORT GROWTH (January 2023 - January 2024)ZAR-4.45M(-99.6%)

MAIN EXPORTER (November 2023)

MAIN DESTINATION (November 2023)

This section shows Nickel Ore's exports and imports data at subnational level for South Africa. 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)$38.2M

IMPORTS (2022)$2.31M

NET TRADE (2022)$35.9M

In 2022, South Africa exported $38.2M in Nickel Ore. The main destinations of South Africa exports on Nickel Ore were Canada ($33.1M), Finland ($4.94M), Belgium ($185k), Zambia ($5.12k), and China ($2.26k).

In 2022, South Africa imported $2.31M in Nickel Ore, mainly from Netherlands ($1.37M), Botswana ($453k), Germany ($243k), Belgium ($239k), and Brazil ($1.48k).

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