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2022
Exports $38.2MWorld Rnk 13 / 71
Flag Rnk 287 / 1213
2022
Destination $33M Canada
2021 - 2022
FASTEST GROWING MARKET $33MCanada
2022
PRODUCT COMPLEXITY IN Nickel Ore-1.62Rnk 962 / 1025
2022
Imports $2.31MWorld Rnk 17 / 67
Flag Rnk 903 / 1213
2022
Origin $453k Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $453kBotswana
2022
ECONOMIC COMPLEXITY of South Africa0.076Rnk 59 / 133

About

Exports In 2022, South Africa exported $38.2M in Nickel Ore, making it the 13th largest exporter of Nickel Ore in the world. At the same year, Nickel Ore was the 287th most exported product in South Africa. The main destination of Nickel Ore exports from South Africa are: Canada ($33.1M), Finland ($4.94M), Belgium ($185k), Zambia ($5.12k), and China ($2.26k).

The fastest growing export markets for Nickel Ore of South Africa between 2021 and 2022 were Canada ($33M), Belgium ($62.6k), and Zambia ($5.12k).

Imports In 2022, South Africa imported $2.31M in Nickel Ore, becoming the 17th largest importer of Nickel Ore in the world. At the same year, Nickel Ore was the 903rd most imported product in South Africa. South Africa imports Nickel Ore primarily from: Netherlands ($1.37M), Botswana ($453k), Germany ($243k), Belgium ($239k), and Brazil ($1.48k).

The fastest growing import markets in Nickel Ore for South Africa between 2021 and 2022 were Botswana ($453k), Germany ($243k), and Belgium ($239k).

Latest Trends

August 2024

About

Overview In August 2024 South Africa's Nickel Ore exports accounted up to ZAR1.61k and imports accounted up to ZAR2.97M, resulting in a negative trade balance of ZAR2.97M. Between December 2022 and August 2024 the exports of South Africa's   Nickel Ore have decreased by ZAR-420k (-99.6%) from ZAR422k to ZAR1.61k, while imports decreased by ZAR-503k (-14.5%) from ZAR3.48M to ZAR2.97M.

Destinations In August 2024, Nickel Ore were exported mostly to , and were imported mostly from Netherlands (ZAR2.97M), Canada (ZAR7.51k), Zimbabwe (ZAR712), and Unclassified (ZAR50).

Growth In August 2024, the decrease in Nickel Ore's year-by-year exports was explained primarily by a decrease in exports to . In September 2024, the decrease in Nickel Ore's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2022 - August 2024)ZAR-420k(-99.6%)
IMPORT GROWTH (September 2023 - September 2024)ZAR-503k(-14.5%)
MAIN EXPORTER (August 2024)DurbanZAR7.06M
MAIN DESTINATION (August 2024)

This section shows Nickel Ore's exports and imports data at subnational level for South Africa. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Nickel Ore over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$38.2M
IMPORTS (2022)$2.31M
NET TRADE (2022)$35.9M

In 2022, South Africa exported $38.2M in Nickel Ore. The main destinations of South Africa exports on Nickel Ore were Canada ($33.1M), Finland ($4.94M), Belgium ($185k), Zambia ($5.12k), and China ($2.26k).

In 2022, South Africa imported $2.31M in Nickel Ore, mainly from Netherlands ($1.37M), Botswana ($453k), Germany ($243k), Belgium ($239k), and Brazil ($1.48k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nickel Ore EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
Canada$33M (34.8k%)
Belgium$62.6k (51.1%)
Zambia$5.12k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nickel Ore BY South Africa WERE (2021 - 2022):
China-$57.7M (-100%)
Finland-$27.2M (-84.6%)
Germany-$12 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Africa's main exporting competitors in Nickel Ore were:
Philippines $1.29B
New Caledonia $825M
Russia $411M
In 2022, South Africa'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 POTENTIALFinland+ $198k
TOP IMPORT POTENTIALBrazil+ $11.7k

Nickel Ore’s highest export potential is Finland. With an export gap of $198k.   Nickel Ore’s highest import potential is Brazil with an import gap of $11.7k.

See methodology.

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