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2023
Exports $557kWorld Rnk 65 / 107
Flag Rnk 673 / 1166
2023
Destination $271k United Kingdom
2022 - 2023
FASTEST GROWING MARKET $271kUnited Kingdom
2023
PRODUCT COMPLEXITY IN Scrap Nickel-0.13Rnk 601 / 1025
2023
Imports $214kWorld Rnk 43 / 69
Flag Rnk 1039 / 1196
2023
Origin $137k Australia
2022 - 2023
FASTEST GROWING ORIGIN $137kAustralia
2023
ECONOMIC COMPLEXITY of New Zealand0.48Rnk 43 / 132

About

Exports In 2023, New Zealand exported $557k in Scrap Nickel, making it the 65th largest exporter of Scrap Nickel in the world. At the same year, Scrap Nickel was the 673rd most exported product in New Zealand. The main destination of Scrap Nickel exports from New Zealand are: United Kingdom ($271k), India ($127k), Singapore ($124k), and Netherlands ($34.3k).

The fastest growing export markets for Scrap Nickel of New Zealand between 2022 and 2023 were United Kingdom ($271k), India ($127k), and Singapore ($39.8k).

Imports In 2023, New Zealand imported $214k in Scrap Nickel, becoming the 43rd largest importer of Scrap Nickel in the world. At the same year, Scrap Nickel was the 1039th most imported product in New Zealand. New Zealand imports Scrap Nickel primarily from: Australia ($157k) and United Kingdom ($57.2k).

The fastest growing import markets in Scrap Nickel for New Zealand between 2022 and 2023 were Australia ($137k).

Latest Trends

Dec 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 Scrap Nickel. 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)$557k
IMPORTS (2023)$214k
NET TRADE (2023)$343k

In 2023, New Zealand exported $557k in Scrap Nickel. The main destinations of New Zealand exports on Scrap Nickel were United Kingdom ($271k), India ($127k), Singapore ($124k), and Netherlands ($34.3k).

In 2023, New Zealand imported $214k in Scrap Nickel, mainly from Australia ($157k) and United Kingdom ($57.2k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Scrap Nickel EXPORT MARKETS FOR New Zealand WERE (2022 - 2023):
United Kingdom$271k (1%)
India$127k (1%)
Singapore$39.8k (47.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Nickel BY New Zealand WERE (2022 - 2023):
Netherlands-$24.3k (-41.4%)
Spain-$734 (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, New Zealand's main exporting competitors in Scrap Nickel were:
United Kingdom $209M
United States $165M
Germany $164M
In 2023, New Zealand's main importing competitors in Scrap Nickel were:
United States $480M
United Kingdom $185M
Japan $148M

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Trade Value of Scrap Nickel by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $1.34k
TOP IMPORT POTENTIALUnited Kingdom+ $11k

Scrap Nickel’s highest export potential is Spain. With an export gap of $1.34k.   Scrap Nickel’s highest import potential is United Kingdom with an import gap of $11k.

See methodology.

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