2022
Exports
$21.3MWorld Rnk 18 / 97
Flag Rnk 450 / 1198
2022
PRODUCT COMPLEXITY IN Nickel Bars
1.16Rnk 113 / 1025
2022
Imports
$101MWorld Rnk 10 / 170
Flag Rnk 327 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $21.3M in Nickel Bars, making it the 18th largest exporter of Nickel Bars in the world. At the same year, Nickel Bars was the 450th most exported product in Singapore. The main destination of Nickel Bars exports from Singapore are: China ($5.82M), India ($4.08M), Indonesia ($2.12M), United States ($1.61M), and Malaysia ($1.53M).

The fastest growing export markets for Nickel Bars of Singapore between 2021 and 2022 were China ($2.77M), India ($2.55M), and United States ($1.3M).

Imports In 2022, Singapore imported $101M in Nickel Bars, becoming the 10th largest importer of Nickel Bars in the world. At the same year, Nickel Bars was the 327th most imported product in Singapore. Singapore imports Nickel Bars primarily from: Italy ($26.7M), Austria ($15.4M), Germany ($15.3M), United Kingdom ($13.3M), and United States ($12.2M).

The fastest growing import markets in Nickel Bars for Singapore between 2021 and 2022 were Italy ($18.2M), Germany ($4.64M), and United Kingdom ($3.93M).

Latest Trends

Jul 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 Bars. 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)$21.3M
IMPORTS (2022)$101M
NET TRADE (2022)-$79.5M

In 2022, Singapore exported $21.3M in Nickel Bars. The main destinations of Singapore exports on Nickel Bars were China ($5.82M), India ($4.08M), Indonesia ($2.12M), United States ($1.61M), and Malaysia ($1.53M).

In 2022, Singapore imported $101M in Nickel Bars, mainly from Italy ($26.7M), Austria ($15.4M), Germany ($15.3M), United Kingdom ($13.3M), and United States ($12.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nickel Bars EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
China$2.77M (90.5%)
India$2.55M (166%)
United States$1.3M (428%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nickel Bars BY Singapore WERE (2021 - 2022):
Indonesia-$6.44M (-75.2%)
Malaysia-$2.01M (-56.9%)
Japan-$340k (-81.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Nickel Bars were:
In 2022, Singapore's main importing competitors in Nickel Bars were:

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Trade Value of Nickel Bars by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $891k
TOP IMPORT POTENTIALChina+ $1.3M

Nickel Bars’s highest export potential is China. With an export gap of $891k.   Nickel Bars’s highest import potential is China with an import gap of $1.3M.

See methodology.

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