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Exports In 2022, Philippines exported $1.29B in Nickel ores and concentrates, making it the 1st largest exporter of Nickel ores and concentrates in the world. At the same year, Nickel ores and concentrates was the 12th most exported product in Philippines. The main destination of Nickel ores and concentrates exports from Philippines are: China ($1.2B), Japan ($70M), and South Korea ($13.3M).

The fastest growing export markets for Nickel ores and concentrates of Philippines between 2021 and 2022 were South Korea ($3.72M).

Imports In 2022, Philippines imported $1.04M in Nickel ores and concentrates, becoming the 18th largest importer of Nickel ores and concentrates in the world. At the same year, Nickel ores and concentrates was the 2974th most imported product in Philippines. Philippines imports Nickel ores and concentrates primarily from: Germany ($516k), Slovakia ($348k), Poland ($117k), Singapore ($62.5k), and South Korea ($33).

The fastest growing import markets in Nickel ores and concentrates for Philippines between 2021 and 2022 were Slovakia ($348k), Singapore ($39.7k), and South Korea ($33).

COMPANIES In 2023, leading companies such as Del Monte Foods (741), Yokohama Industries (278), and ABB Motors and Mechanical (197) were at the forefront of shipping Nickel ores and concentrates from Philippines to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 ores and concentrates. 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)$1.29B
IMPORTS (2022)$1.04M
NET TRADE (2022)$1.29B

In 2022, Philippines exported $1.29B in Nickel ores and concentrates. The main destinations of Philippines exports on Nickel ores and concentrates were China ($1.2B), Japan ($70M), and South Korea ($13.3M).

In 2022, Philippines imported $1.04M in Nickel ores and concentrates, mainly from Germany ($516k), Slovakia ($348k), Poland ($117k), Singapore ($62.5k), and South Korea ($33).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nickel ores and concentrates EXPORT MARKETS FOR Philippines WERE (2021 - 2022):South Korea$3.72M (39%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nickel ores and concentrates BY Philippines WERE (2021 - 2022):
China-$182M (-13.1%)
Japan-$38M (-35.2%)
United Kingdom-$1.24k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Philippines's main exporting competitors in Nickel ores and concentrates were:
In 2022, Philippines's main importing competitors in Nickel ores and concentrates were:

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Trade Value of Nickel ores and concentrates by Exporters

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