2022
Exports
$819MWorld Rnk 1 / 75
Flag Rnk 33 / 1208
2022
PRODUCT COMPLEXITY IN Nickel Powder
-0.1Rnk 583 / 1025
2022
Imports
$2.57MWorld Rnk 35 / 117
Flag Rnk 997 / 1206
2022
ECONOMIC COMPLEXITY of Australia
-0.24Rnk 78 / 133

About

Exports In 2022, Australia exported $819M in Nickel Powder, making it the 1st largest exporter of Nickel Powder in the world. At the same year, Nickel Powder was the 33rd most exported product in Australia. The main destination of Nickel Powder exports from Australia are: China ($570M), South Korea ($205M), Canada ($25.4M), United States ($9.82M), and Netherlands ($3.35M).

The fastest growing export markets for Nickel Powder of Australia between 2021 and 2022 were China ($176M), South Korea ($24.7M), and Canada ($16.6M).

Imports In 2022, Australia imported $2.57M in Nickel Powder, becoming the 35th largest importer of Nickel Powder in the world. At the same year, Nickel Powder was the 997th most imported product in Australia. Australia imports Nickel Powder primarily from: Belgium ($1.1M), Canada ($443k), United Kingdom ($291k), United States ($289k), and Germany ($190k).

The fastest growing import markets in Nickel Powder for Australia between 2021 and 2022 were Belgium ($401k), Canada ($237k), and Germany ($131k).

Latest Trends

Oct 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 Powder. 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 (2022)$819M
IMPORTS (2022)$2.57M
NET TRADE (2022)$816M

In 2022, Australia exported $819M in Nickel Powder. The main destinations of Australia exports on Nickel Powder were China ($570M), South Korea ($205M), Canada ($25.4M), United States ($9.82M), and Netherlands ($3.35M).

In 2022, Australia imported $2.57M in Nickel Powder, mainly from Belgium ($1.1M), Canada ($443k), United Kingdom ($291k), United States ($289k), and Germany ($190k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nickel Powder EXPORT MARKETS FOR Australia WERE (2021 - 2022):
China$176M (44.6%)
South Korea$24.7M (13.7%)
Canada$16.6M (188%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nickel Powder BY Australia WERE (2021 - 2022):
Netherlands-$2.06M (-38.1%)
Sweden-$490k (-100%)
Ukraine-$137k (-84.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Australia's main exporting competitors in Nickel Powder were:
In 2022, Australia's main importing competitors in Nickel Powder were:

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Trade Value of Nickel Powder by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $6.48M
TOP IMPORT POTENTIALCanada+ $189k

Nickel Powder’s highest export potential is United States. With an export gap of $6.48M.   Nickel Powder’s highest import potential is Canada with an import gap of $189k.

See methodology.

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