Nickel Ore2604 (Harmonized System 1992 for 4-digit)
2020 World Trade: $3.69B, Rnk 569 / 1217
2020 Top Exporter | Top Importer: $1.34B | $2.35B, Philippines | China
2020 Product Complexity: -1.54, Rnk 958 / 1028
2019 - 2020 Export Growth (CAGR): -0.22%, Rnk 351 / 1217
2018 Mean Tariff: 2.23%, Rnk 1222 / 1259
2020 Share of World Trade: 0.022%, Rnk 569 / 1217
Overview This page contains the latest trade data of Nickel Ore. In 2020, Nickel Ore were the world's 569th most traded product, with a total trade of $3.69B. Between 2019 and 2020 the exports of Nickel Ore decreased by -0.22%, from $3.7B to $3.69B. Trade in Nickel Ore represent 0.022% of total world trade.
Nickel Ore are a part of Ores, slag and ash. They include Nickel ores and concentrates.
Exports In 2020 the top exporters of Nickel Ore were Philippines ($1.34B), New Caledonia ($538M), Australia ($308M), Zimbabwe ($252M), and Indonesia ($203M).
Imports In 2020 the top importers of Nickel Ore were China ($2.35B), Canada ($240M), Finland ($200M), South Korea ($192M), and South Africa ($177M).
Tariffs In 2018 the average tariff for Nickel Ore was 2.23%, making it the 1222nd lowest tariff using the HS4 product classification.
Ranking Nickel Ore ranks 958th in the Product Complexity Index (PCI).
The following visualization shows the latest trends on Nickel Ore. Countries are shown based on data availability.
For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.
* Using January 2020 exchange rates when trade data is reported in local currency.
Trade By Country
Top Origin (2020): Philippines, $1.34B
Top Destination (2020): China, $2.35B
Nickel Ore are the world's 569th most traded product.
In 2020, the top exporters of Nickel Ore were Philippines ($1.34B), New Caledonia ($538M), Australia ($308M), Zimbabwe ($252M), and Indonesia ($203M).
In 2020, the top importers of Nickel Ore were China ($2.35B), Canada ($240M), Finland ($200M), South Korea ($192M), and South Africa ($177M).
Trade by country
Top Origin Growth (2019 - 2020): Philippines, $686M
Top Destination Growth (2019 - 2020): Canada, $184M
Between 2019 and 2020, the exports of Nickel Ore grew the fastest in Philippines ($686M), Brazil ($93.8M), New Caledonia ($86.3M), Russia ($67.8M), and Zambia ($42.9M).
Between 2019 and 2020, the fastest growing importers of Nickel Ore were Canada ($184M), Switzerland ($92M), Mozambique ($43.8M), South Africa ($10.2M), and Ukraine ($10M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Nickel Ore.
In 2020, market concentration measured using Shannon Entropy, was 3.21. This means that most of the exports of Nickel Ore are explained by 9 countries.
TOP NET EXPORTER (2020): Philippines, $1.34B
TOP NET IMPORTER (2020): China, $2.34B
This map shows which countries export or import more of Nickel Ore. Each country is colored based on the difference in exports and imports of Nickel Ore during 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Nickel Ore were Philippines ($1.34B), New Caledonia ($538M), Australia ($295M), Zimbabwe ($252M), and Indonesia ($203M).
In 2020, the countries that had a largest trade value in imports than in exports of Nickel Ore were China ($2.34B), South Korea ($190M), Japan ($161M), South Africa ($119M), and Switzerland ($90.7M).
In 2020, the world most traded Nickel Ore, disaggragated by their HS6 level were Nickel ores and concentrates ($3.69B)
This visualization shows the countries that have an important ratio of their trade related to Nickel Ore. It is possible to select the main countries that export or import Nickel Ore in the world, or by continent, as well as select the measure of interest.
The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.
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