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2022
Exports $394MWorld Rnk 4 / 71
Flag Rnk 69 / 1208
2022
Destination $320M China
2021 - 2022
FASTEST GROWING MARKET $320MChina
2022
PRODUCT COMPLEXITY IN Nickel Ore-1.62Rnk 962 / 1025
2022
Imports $7.96MWorld Rnk 12 / 67
Flag Rnk 838 / 1206
2022
Origin $1.56M Finland
2021 - 2022
FASTEST GROWING ORIGIN $1.56MFinland
2022
ECONOMIC COMPLEXITY of Australia-0.24Rnk 78 / 133

About

Exports In 2022, Australia exported $394M in Nickel Ore, making it the 4th largest exporter of Nickel Ore in the world. At the same year, Nickel Ore was the 69th most exported product in Australia. The main destination of Nickel Ore exports from Australia are: China ($394M), Vietnam ($8.7k), Japan ($1.59k), Belgium ($233), and South Korea ($144).

The fastest growing export markets for Nickel Ore of Australia between 2021 and 2022 were China ($320M), Vietnam ($8.7k), and Belgium ($233).

Imports In 2022, Australia imported $7.96M in Nickel Ore, becoming the 12th largest importer of Nickel Ore in the world. At the same year, Nickel Ore was the 838th most imported product in Australia. Australia imports Nickel Ore primarily from: Finland ($7.89M), United States ($28.2k), Zimbabwe ($23.2k), Vietnam ($17.3k), and Brazil ($2.58k).

The fastest growing import markets in Nickel Ore for Australia between 2021 and 2022 were Finland ($1.56M), Zimbabwe ($23.2k), and Vietnam ($17.3k).

Latest Trends

Sep 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 Ore. 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)$394M
IMPORTS (2022)$7.96M
NET TRADE (2022)$386M

In 2022, Australia exported $394M in Nickel Ore. The main destinations of Australia exports on Nickel Ore were China ($394M), Vietnam ($8.7k), Japan ($1.59k), Belgium ($233), and South Korea ($144).

In 2022, Australia imported $7.96M in Nickel Ore, mainly from Finland ($7.89M), United States ($28.2k), Zimbabwe ($23.2k), Vietnam ($17.3k), and Brazil ($2.58k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nickel Ore EXPORT MARKETS FOR Australia WERE (2021 - 2022):
China$320M (431%)
Vietnam$8.7k (1%)
Belgium$233 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nickel Ore BY Australia WERE (2021 - 2022):
Finland-$575k (-100%)
Norway-$117k (-100%)
Japan-$27.5k (-94.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Australia's main exporting competitors in Nickel Ore were:
Philippines $1.29B
New Caledonia $825M
Russia $411M
In 2022, Australia's main importing competitors in Nickel Ore were:
China $2.96B
Canada $527M
South Korea $339M

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Trade Value of Nickel Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALVietnam+ $27.5k
TOP IMPORT POTENTIALUnited States+ $74.2k

Nickel Ore’s highest export potential is Vietnam. With an export gap of $27.5k.   Nickel Ore’s highest import potential is United States with an import gap of $74.2k.

See methodology.

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