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2022
Exports $351MWorld Rnk 5 / 71
Flag Rnk 63 / 1205
2022
Destination $249M China
2021 - 2022
FASTEST GROWING MARKET $249MChina
2022
PRODUCT COMPLEXITY IN Nickel Ore-1.62Rnk 962 / 1025
2022
Imports $334MWorld Rnk 4 / 67
Flag Rnk 54 / 1211
2022
Origin $81.9M Canada
2021 - 2022
FASTEST GROWING ORIGIN $81.9MBrazil
2022
ECONOMIC COMPLEXITY of Finland1.41Rnk 13 / 133

About

Exports In 2022, Finland exported $351M in Nickel Ore, making it the 5th largest exporter of Nickel Ore in the world. At the same year, Nickel Ore was the 63rd most exported product in Finland. The main destination of Nickel Ore exports from Finland are: China ($287M), Canada ($56.5M), Australia ($7.89M), United Kingdom ($1.65k), and Singapore ($63).

The fastest growing export markets for Nickel Ore of Finland between 2021 and 2022 were China ($249M), Canada ($10.6M), and Australia ($1.56M).

Imports In 2022, Finland imported $334M in Nickel Ore, becoming the 4th largest importer of Nickel Ore in the world. At the same year, Nickel Ore was the 54th most imported product in Finland. Finland imports Nickel Ore primarily from: Canada ($173M), Brazil ($151M), South Africa ($4.94M), Norway ($2.65M), and Zambia ($2.06M).

The fastest growing import markets in Nickel Ore for Finland between 2021 and 2022 were Brazil ($81.9M), Canada ($52.8M), and Zambia ($2.06M).

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 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)$351M
IMPORTS (2022)$334M
NET TRADE (2022)$17.2M

In 2022, Finland exported $351M in Nickel Ore. The main destinations of Finland exports on Nickel Ore were China ($287M), Canada ($56.5M), Australia ($7.89M), United Kingdom ($1.65k), and Singapore ($63).

In 2022, Finland imported $334M in Nickel Ore, mainly from Canada ($173M), Brazil ($151M), South Africa ($4.94M), Norway ($2.65M), and Zambia ($2.06M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nickel Ore EXPORT MARKETS FOR Finland WERE (2021 - 2022):
China$249M (653%)
Canada$10.6M (23%)
Australia$1.56M (24.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nickel Ore BY Finland WERE (2021 - 2022):Norway-$16 (-76.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Finland's main exporting competitors in Nickel Ore were:
Philippines $1.29B
New Caledonia $825M
Russia $411M
In 2022, Finland'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
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TOP EXPORT POTENTIALUnited Kingdom+ $4.39k
TOP IMPORT POTENTIALZambia+ $1.05M

Nickel Ore’s highest export potential is United Kingdom. With an export gap of $4.39k.   Nickel Ore’s highest import potential is Zambia with an import gap of $1.05M.

See methodology.

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