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2022
Exports $5.78MWorld Rnk 18 / 75
Flag Rnk 626 / 1213
2022
Destination $2.07M South Korea
2021 - 2022
FASTEST GROWING MARKET $2.07MSouth Korea
2022
PRODUCT COMPLEXITY IN Nickel Powder-0.1Rnk 583 / 1025
2022
Imports $1.23MWorld Rnk 42 / 117
Flag Rnk 986 / 1213
2022
Origin $155k United Kingdom
2021 - 2022
FASTEST GROWING ORIGIN $155kUnited Kingdom
2022
ECONOMIC COMPLEXITY of South Africa0.076Rnk 59 / 133

About

Exports In 2022, South Africa exported $5.78M in Nickel Powder, making it the 18th largest exporter of Nickel Powder in the world. At the same year, Nickel Powder was the 626th most exported product in South Africa. The main destination of Nickel Powder exports from South Africa are: South Korea ($3.7M), Germany ($1.21M), United States ($720k), Chile ($61.4k), and Thailand ($32.4k).

The fastest growing export markets for Nickel Powder of South Africa between 2021 and 2022 were South Korea ($2.07M), Chile ($61.4k), and Thailand ($32.4k).

Imports In 2022, South Africa imported $1.23M in Nickel Powder, becoming the 42nd largest importer of Nickel Powder in the world. At the same year, Nickel Powder was the 986th most imported product in South Africa. South Africa imports Nickel Powder primarily from: United Kingdom ($754k), United States ($147k), Germany ($131k), Belgium ($89.8k), and Croatia ($66.2k).

The fastest growing import markets in Nickel Powder for South Africa between 2021 and 2022 were United Kingdom ($155k), United States ($64.8k), and Croatia ($28.5k).

Latest Trends

November 2023

About

Overview In November 2023 South Africa's Nickel Powder exports accounted up to ZAR154k and imports accounted up to ZAR1.03M, resulting in a negative trade balance of ZAR877k. Between February 2021 and November 2023 the exports of South Africa's   Nickel Powder have increased by ZAR138k (861%) from ZAR16.1k to ZAR154k, while imports decreased by ZAR-11.2M (-91.6%) from ZAR12.3M to ZAR1.03M.

Destinations In November 2023, Nickel Powder were exported mostly to , and were imported mostly from United Kingdom (ZAR658k), Croatia (ZAR205k), United States (ZAR105k), and China (ZAR62.6k).

Growth In November 2023, the increase in Nickel Powder's year-by-year exports was explained primarily by an increase in exports to . In August 2024, the decrease in Nickel Powder's year-by-year imports was explained primarily by a decrease in imports from United States (ZAR-20.3k or -12.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (February 2021 - November 2023)ZAR138k(861%)
IMPORT GROWTH (August 2023 - August 2024)ZAR-11.2M(-91.6%)
MAIN EXPORTER (November 2023)
MAIN DESTINATION (November 2023)

This section shows Nickel Powder'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 Powder over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$5.78M
IMPORTS (2022)$1.23M
NET TRADE (2022)$4.55M

In 2022, South Africa exported $5.78M in Nickel Powder. The main destinations of South Africa exports on Nickel Powder were South Korea ($3.7M), Germany ($1.21M), United States ($720k), Chile ($61.4k), and Thailand ($32.4k).

In 2022, South Africa imported $1.23M in Nickel Powder, mainly from United Kingdom ($754k), United States ($147k), Germany ($131k), Belgium ($89.8k), and Croatia ($66.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nickel Powder EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
South Korea$2.07M (128%)
Chile$61.4k (1%)
Thailand$32.4k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nickel Powder BY South Africa WERE (2021 - 2022):
United States-$2.06M (-74.1%)
Netherlands-$2.02M (-100%)
Sweden-$604k (-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 Powder were:
Australia $819M
Canada $510M
United Kingdom $237M
In 2022, South Africa's main importing competitors in Nickel Powder were:
China $806M
South Korea $432M
United States $325M

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Trade Value of Nickel Powder by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $663k
TOP IMPORT POTENTIALUnited States+ $74.4k

Nickel Powder’s highest export potential is United States. With an export gap of $663k.   Nickel Powder’s highest import potential is United States with an import gap of $74.4k.

See methodology.

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