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2022
Exports $294kWorld Rnk 31 / 71
Flag Rnk 1036 / 1198
2022
Destination $53.3k Germany
2021 - 2022
FASTEST GROWING MARKET $53.3kBrazil
2022
PRODUCT COMPLEXITY IN Nickel Ore-1.62Rnk 962 / 1025
2022
Imports $308kWorld Rnk 25 / 67
Flag Rnk 1117 / 1213
2022
Origin $133k Thailand
2021 - 2022
FASTEST GROWING ORIGIN $133kThailand
2022
ECONOMIC COMPLEXITY of Singapore1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $294k in Nickel Ore, making it the 31st largest exporter of Nickel Ore in the world. At the same year, Nickel Ore was the 1036th most exported product in Singapore. The main destination of Nickel Ore exports from Singapore are: Germany ($144k), Philippines ($62.5k), Brazil ($53.3k), Thailand ($23.7k), and Indonesia ($10.6k).

The fastest growing export markets for Nickel Ore of Singapore between 2021 and 2022 were Brazil ($53.3k), Philippines ($39.7k), and Indonesia ($10.6k).

Imports In 2022, Singapore imported $308k in Nickel Ore, becoming the 25th largest importer of Nickel Ore in the world. At the same year, Nickel Ore was the 1117th most imported product in Singapore. Singapore imports Nickel Ore primarily from: Thailand ($276k), United States ($25.6k), Brazil ($4.49k), Indonesia ($674), and Germany ($589).

The fastest growing import markets in Nickel Ore for Singapore between 2021 and 2022 were Thailand ($133k), Brazil ($4.49k), and Indonesia ($674).

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 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)$294k
IMPORTS (2022)$308k
NET TRADE (2022)-$14.2k

In 2022, Singapore exported $294k in Nickel Ore. The main destinations of Singapore exports on Nickel Ore were Germany ($144k), Philippines ($62.5k), Brazil ($53.3k), Thailand ($23.7k), and Indonesia ($10.6k).

In 2022, Singapore imported $308k in Nickel Ore, mainly from Thailand ($276k), United States ($25.6k), Brazil ($4.49k), Indonesia ($674), and Germany ($589).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nickel Ore EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Brazil$53.3k (1%)
Philippines$39.7k (174%)
Indonesia$10.6k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nickel Ore BY Singapore WERE (2021 - 2022):
Germany-$534k (-78.8%)
Thailand-$172k (-87.9%)
Vietnam-$36.6k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Nickel Ore were:
Philippines $1.29B
New Caledonia $825M
Russia $411M
In 2022, Singapore'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+ $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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