2023
Exports
$396kWorld Rnk 34 / 64
Flag Rnk 993 / 1202
2023
PRODUCT COMPLEXITY IN Nickel Ore
-1.64Rnk 964 / 1025
2023
Imports
$1.2MWorld Rnk 23 / 78
Flag Rnk 1032 / 1208
2023
ECONOMIC COMPLEXITY of Singapore
1.62Rnk 6 / 132

About

Exports In 2023, Singapore exported $396k in Nickel Ore, making it the 34th largest exporter of Nickel Ore in the world. At the same year, Nickel Ore was the 993rd most exported product in Singapore. The main destination of Nickel Ore exports from Singapore are: Germany ($226k), Thailand ($157k), Indonesia ($10.4k), Belgium ($1.63k), and Malaysia ($933).

The fastest growing export markets for Nickel Ore of Singapore between 2022 and 2023 were Thailand ($134k), Germany ($110k), and Belgium ($1.63k).

Imports In 2023, Singapore imported $1.2M in Nickel Ore, becoming the 23rd largest importer of Nickel Ore in the world. At the same year, Nickel Ore was the 1032nd most imported product in Singapore. Singapore imports Nickel Ore primarily from: Switzerland ($813k), Thailand ($264k), Slovakia ($90.2k), Indonesia ($19.9k), and United States ($10.5k).

The fastest growing import markets in Nickel Ore for Singapore between 2022 and 2023 were Switzerland ($813k), Slovakia ($90.2k), and Indonesia ($19.2k).

Latest Trends

Jan 2025

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 (2023)$396k
IMPORTS (2023)$1.2M
NET TRADE (2023)-$807k

In 2023, Singapore exported $396k in Nickel Ore. The main destinations of Singapore exports on Nickel Ore were Germany ($226k), Thailand ($157k), Indonesia ($10.4k), Belgium ($1.63k), and Malaysia ($933).

In 2023, Singapore imported $1.2M in Nickel Ore, mainly from Switzerland ($813k), Thailand ($264k), Slovakia ($90.2k), Indonesia ($19.9k), and United States ($10.5k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Nickel Ore EXPORT MARKETS FOR Singapore WERE (2022 - 2023):
Thailand$134k (564%)
Germany$110k (94.4%)
Belgium$1.63k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nickel Ore BY Singapore WERE (2022 - 2023):
Philippines-$62.5k (-100%)
Brazil-$59.1k (-100%)
Indonesia-$211 (-1.99%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Singapore's main exporting competitors in Nickel Ore were:
In 2023, Singapore's main importing competitors in Nickel Ore were:

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Trade Value of Nickel Ore by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $3.6k
TOP IMPORT POTENTIALUnited States+ $34.5k

Nickel Ore’s highest export potential is China. With an export gap of $3.6k.   Nickel Ore’s highest import potential is United States with an import gap of $34.5k.

See methodology.

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