2022
Exports
$60MWorld Rnk 6 / 97
Flag Rnk 284 / 1198
2022
PRODUCT COMPLEXITY IN Scrap Nickel
-0.18Rnk 609 / 1025
2022
Imports
$17.7MWorld Rnk 13 / 77
Flag Rnk 683 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $60M in Scrap Nickel, making it the 6th largest exporter of Scrap Nickel in the world. At the same year, Scrap Nickel was the 284th most exported product in Singapore. The main destination of Scrap Nickel exports from Singapore are: United States ($22.8M), United Kingdom ($13.7M), Japan ($6.08M), Germany ($4.97M), and Chinese Taipei ($3.38M).

The fastest growing export markets for Scrap Nickel of Singapore between 2021 and 2022 were United States ($14.6M), United Kingdom ($7.48M), and Germany ($2.89M).

Imports In 2022, Singapore imported $17.7M in Scrap Nickel, becoming the 13th largest importer of Scrap Nickel in the world. At the same year, Scrap Nickel was the 683rd most imported product in Singapore. Singapore imports Scrap Nickel primarily from: China ($7.62M), Japan ($1.79M), Israel ($1.17M), Malaysia ($1.13M), and Chinese Taipei ($1.12M).

The fastest growing import markets in Scrap Nickel for Singapore between 2021 and 2022 were China ($5.19M), Israel ($644k), and Hungary ($596k).

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 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 (2022)$60M
IMPORTS (2022)$17.7M
NET TRADE (2022)$42.3M

In 2022, Singapore exported $60M in Scrap Nickel. The main destinations of Singapore exports on Scrap Nickel were United States ($22.8M), United Kingdom ($13.7M), Japan ($6.08M), Germany ($4.97M), and Chinese Taipei ($3.38M).

In 2022, Singapore imported $17.7M in Scrap Nickel, mainly from China ($7.62M), Japan ($1.79M), Israel ($1.17M), Malaysia ($1.13M), and Chinese Taipei ($1.12M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Nickel EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
United States$14.6M (178%)
United Kingdom$7.48M (120%)
Germany$2.89M (139%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Nickel BY Singapore WERE (2021 - 2022):
China-$142k (-100%)
Israel-$2.51k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Scrap Nickel were:
In 2022, Singapore's main importing competitors in Scrap Nickel were:

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Trade Value of Scrap Nickel by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMalaysia+ $572k
TOP IMPORT POTENTIALMalaysia+ $452k

Scrap Nickel’s highest export potential is Malaysia. With an export gap of $572k.   Scrap Nickel’s highest import potential is Malaysia with an import gap of $452k.

See methodology.

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