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2022
Exports $411MWorld Rnk 3 / 71
Flag Rnk 74 / 1200
falsefalse China
2021 - 2022
FASTEST GROWING MARKETfalseChina
2022
PRODUCT COMPLEXITY IN Nickel Ore-1.62Rnk 962 / 1025
2022
Imports $12World Rnk 0 / 0
Flag Rnk 0 / 0
2021 - 2022
FASTEST GROWING ORIGINfalsefalse
2022
ECONOMIC COMPLEXITY of Russia0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $411M in Nickel Ore, making it the 3rd largest exporter of Nickel Ore in the world. At the same year, Nickel Ore was the 74th most exported product in Russia. The main destination of Nickel Ore exports from Russia are: China ($383M), Canada ($28M), Czechia ($116k), Turkey ($95), and South Korea ($25).

The fastest growing export markets for Nickel Ore of Russia between 2021 and 2022 were China ($373M), Canada ($15.2M), and Czechia ($116k).

Imports In 2021, Russia imported $12 in Nickel Ore, becoming the 0th largest importer of Nickel Ore in the world. At the same year, Nickel Ore was the 0th most imported product in Russia. Russia imports Nickel Ore primarily from: N/A.

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)$411M
IMPORTS (2021)$12
NET TRADE (2022)$411M

In 2022, Russia exported $411M in Nickel Ore. The main destinations of Russia exports on Nickel Ore were China ($383M), Canada ($28M), Czechia ($116k), Turkey ($95), and South Korea ($25).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nickel Ore EXPORT MARKETS FOR Russia WERE (2021 - 2022):
China$373M (4.01k%)
Canada$15.2M (119%)
Czechia$116k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nickel Ore BY Russia WERE (2021 - 2022):
Switzerland-$286M (-100%)
Finland-$6.5M (-100%)
Austria-$37.2k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Russia's main exporting competitors in Nickel Ore were:
Philippines $1.29B
New Caledonia $825M
In 2022, Russia'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 POTENTIALChina+ $75.5M
TOP IMPORT POTENTIALPhilippines+ $607

Nickel Ore’s highest export potential is China. With an export gap of $75.5M.   Nickel Ore’s highest import potential is Philippines with an import gap of $607.

See methodology.

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