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2022
Exports $1.05BWorld Rnk 12 / 162
Flag Rnk 84 / 96
2022
Destination $141M South Korea
2021 - 2022
FASTEST GROWING MARKET $141MChinese Taipei
2022
PRODUCT COMPLEXITY IN Nickel articles1.47Rnk 61 / 1025
2022
Imports $12.8BWorld Rnk 1 / 206
Flag Rnk 26 / 96
2022
Origin $4.17B Indonesia
2021 - 2022
FASTEST GROWING ORIGIN $4.17BIndonesia
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $1.05B in Nickel articles, making it the 12th largest exporter of Nickel articles in the world. At the same year, Nickel articles was the 84th most exported product in China. The main destination of Nickel articles exports from China are: South Korea ($231M), Chinese Taipei ($175M), India ($140M), United States ($66M), and Japan ($53.9M).

The fastest growing export markets for Nickel articles of China between 2021 and 2022 were Chinese Taipei ($141M), South Korea ($88.4M), and India ($70.9M).

Imports In 2022, China imported $12.8B in Nickel articles, becoming the 1st largest importer of Nickel articles in the world. At the same year, Nickel articles was the 26th most imported product in China. China imports Nickel articles primarily from: Indonesia ($4.47B), Australia ($2.26B), Russia ($1.16B), Papua New Guinea ($754M), and Finland ($627M).

The fastest growing import markets in Nickel articles for China between 2021 and 2022 were Indonesia ($4.17B), Papua New Guinea ($323M), and Finland ($307M).

COMPANIES In 2023, leading companies such as CrimsonLogic (115), Amazon (110), and TE Connectivity (79) were at the forefront of shipping Nickel articles from China to the United States.

Latest Trends

October 2024

About

Overview In October 2024 China's Nickel articles exports accounted up to $288M and imports accounted up to $899M, resulting in a negative trade balance of $611M. Between October 2023 and October 2024 the exports of China's   Nickel articles have increased by $168M (140%) from $120M to $288M, while imports decreased by $-66.5M (-6.89%) from $965M to $899M.

Destinations In October 2024, Nickel articles were exported mostly to Chinese Taipei ($93.5M), Singapore ($55.1M), South Korea ($43.4M), India ($20.8M), and Netherlands ($17.5M), and were imported mostly from Indonesia ($568M), Russia ($125M), United States ($44.3M), Australia ($31.9M), and Papua New Guinea ($31.5M).

Growth In October 2024, the increase in Nickel articles's year-by-year exports was explained primarily by an increase in exports to Netherlands ($27.7M or 12.1k%), Singapore ($22.3M or 1.61k%), and India ($10.4M or 196%). In October 2024, the decrease in Nickel articles's year-by-year imports was explained primarily by a decrease in imports from Australia ($-156M or -48.3%), Norway ($-47.2M or -77.8%), and New Caledonia ($-37.3M or -71.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$168M(140%)
IMPORT GROWTH (October 2023 - October 2024)$-66.5M(-6.89%)
MAIN EXPORTER (October 2024)Zhejiang Province$167M
MAIN DESTINATION (October 2024)Chinese Taipei$93.5M

This section shows Nickel articles's exports and imports data at subnational level for China. 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 articles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.05B
IMPORTS (2022)$12.8B
NET TRADE (2022)-$11.8B

In 2022, China exported $1.05B in Nickel articles. The main destinations of China exports on Nickel articles were South Korea ($231M), Chinese Taipei ($175M), India ($140M), United States ($66M), and Japan ($53.9M).

In 2022, China imported $12.8B in Nickel articles, mainly from Indonesia ($4.47B), Australia ($2.26B), Russia ($1.16B), Papua New Guinea ($754M), and Finland ($627M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nickel articles EXPORT MARKETS FOR China WERE (2021 - 2022):
Chinese Taipei$141M (407%)
South Korea$88.4M (62.1%)
India$70.9M (103%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nickel articles BY China WERE (2021 - 2022):
Oman-$3.75M (-90.5%)
Sweden-$2.77M (-46.7%)
Laos-$2.31M (-99.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Nickel articles were:
Indonesia $6.3B
Canada $5.49B
Russia $4.87B
In 2022, China's main importing competitors in Nickel articles were:
United States $4.52B
Japan $4.39B

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Trade Value of Nickel articles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $48M
TOP IMPORT POTENTIALRussia+ $171M

Nickel articles’s highest export potential is India. With an export gap of $48M.   Nickel articles’s highest import potential is Russia with an import gap of $171M.

See methodology.

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