2022
Exports
$3.19BWorld Rnk 1 / 81
Flag Rnk 15 / 1208
2022
PRODUCT COMPLEXITY IN Raw Nickel
-0.24Rnk 629 / 1025
2022
Imports
$92.1MWorld Rnk 21 / 123
Flag Rnk 372 / 1206
2022
ECONOMIC COMPLEXITY of Australia
-0.24Rnk 78 / 133

About

Exports In 2022, Australia exported $3.19B in Raw Nickel, making it the 1st largest exporter of Raw Nickel in the world. At the same year, Raw Nickel was the 15th most exported product in Australia. The main destination of Raw Nickel exports from Australia are: China ($1.28B), Japan ($445M), Netherlands ($421M), South Korea ($259M), and United States ($258M).

The fastest growing export markets for Raw Nickel of Australia between 2021 and 2022 were Netherlands ($214M), United States ($127M), and Japan ($120M).

Imports In 2022, Australia imported $92.1M in Raw Nickel, becoming the 21st largest importer of Raw Nickel in the world. At the same year, Raw Nickel was the 372nd most imported product in Australia. Australia imports Raw Nickel primarily from: Canada ($55.9M), United States ($10.1M), United Kingdom ($9.41M), Australia ($3.68M), and China ($2.73M).

The fastest growing import markets in Raw Nickel for Australia between 2021 and 2022 were Canada ($37.5M), United Kingdom ($6.16M), and United States ($5.09M).

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 Raw Nickel. 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)$3.19B
IMPORTS (2022)$92.1M
NET TRADE (2022)$3.1B

In 2022, Australia exported $3.19B in Raw Nickel. The main destinations of Australia exports on Raw Nickel were China ($1.28B), Japan ($445M), Netherlands ($421M), South Korea ($259M), and United States ($258M).

In 2022, Australia imported $92.1M in Raw Nickel, mainly from Canada ($55.9M), United States ($10.1M), United Kingdom ($9.41M), Australia ($3.68M), and China ($2.73M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Nickel EXPORT MARKETS FOR Australia WERE (2021 - 2022):
Netherlands$214M (103%)
United States$127M (97.8%)
Japan$120M (36.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Nickel BY Australia WERE (2021 - 2022):
China-$1.14B (-47.1%)
United Arab Emirates-$87.7M (-93.8%)
South Korea-$22.6M (-8.03%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Australia's main exporting competitors in Raw Nickel were:
Canada $2.78B
Russia $2.74B
In 2022, Australia's main importing competitors in Raw Nickel were:

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Trade Value of Raw Nickel by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $17.9M
TOP IMPORT POTENTIALChina+ $1.4M

Raw Nickel’s highest export potential is United States. With an export gap of $17.9M.   Raw Nickel’s highest import potential is China with an import gap of $1.4M.

See methodology.

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