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2022
Exports $4.54MWorld Rnk 33 / 97
Flag Rnk 671 / 1213
2022
Destination $1.74M United Kingdom
2021 - 2022
FASTEST GROWING MARKET $1.74MUnited Kingdom
2022
PRODUCT COMPLEXITY IN Scrap Nickel-0.18Rnk 609 / 1025
2022
Imports $34World Rnk 75 / 77
Flag Rnk 1211 / 1213
2022
Origin $25 Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $25Netherlands
2022
ECONOMIC COMPLEXITY of South Africa0.076Rnk 59 / 133

About

Exports In 2022, South Africa exported $4.54M in Scrap Nickel, making it the 33rd largest exporter of Scrap Nickel in the world. At the same year, Scrap Nickel was the 671st most exported product in South Africa. The main destination of Scrap Nickel exports from South Africa are: United Kingdom ($2.8M), Germany ($1.06M), Netherlands ($448k), Canada ($235k), and Eswatini ($333).

The fastest growing export markets for Scrap Nickel of South Africa between 2021 and 2022 were United Kingdom ($1.74M), Germany ($853k), and Netherlands ($427k).

Imports In 2022, South Africa imported $34 in Scrap Nickel, becoming the 75th largest importer of Scrap Nickel in the world. At the same year, Scrap Nickel was the 1211th most imported product in South Africa. South Africa imports Scrap Nickel primarily from: Netherlands ($25) and Brazil ($9).

The fastest growing import markets in Scrap Nickel for South Africa between 2021 and 2022 were Netherlands ($25) and Brazil ($9).

Latest Trends

August 2024

About

Overview In August 2024 South Africa's Scrap Nickel exports accounted up to ZAR283k and imports accounted up to ZAR153, resulting in a positive trade balance of ZAR282k. Between June 2023 and August 2024 the exports of South Africa's   Scrap Nickel have decreased by ZAR-1.27M (-81.8%) from ZAR1.55M to ZAR283k, while imports decreased by ZAR-139k (-99.9%) from ZAR139k to ZAR153.

Destinations In August 2024, Scrap Nickel were exported mostly to Germany (ZAR283k), and were imported mostly from .

Growth In August 2024, the decrease in Scrap Nickel's year-by-year exports was explained primarily by a decrease in exports to Germany (ZAR-694k or -41.2%). In March 2022, the decrease in Scrap Nickel's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - August 2024)ZAR-1.27M(-81.8%)
IMPORT GROWTH (December 2017 - March 2022)ZAR-139k(-99.9%)
MAIN EXPORTER (August 2024)DurbanZAR2.62M
MAIN DESTINATION (August 2024)GermanyZAR283k

This section shows Scrap Nickel'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 Scrap Nickel over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.54M
IMPORTS (2022)$34
NET TRADE (2022)$4.54M

In 2022, South Africa exported $4.54M in Scrap Nickel. The main destinations of South Africa exports on Scrap Nickel were United Kingdom ($2.8M), Germany ($1.06M), Netherlands ($448k), Canada ($235k), and Eswatini ($333).

In 2022, South Africa imported $34 in Scrap Nickel, mainly from Netherlands ($25) and Brazil ($9).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Nickel EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
United Kingdom$1.74M (165%)
Germany$853k (421%)
Netherlands$427k (2.13k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Nickel BY South Africa WERE (2021 - 2022):
Canada-$213k (-47.5%)
Belgium-$154k (-100%)
Namibia-$41 (-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 Scrap Nickel were:
United Kingdom $218M
United States $130M
Germany $114M
In 2022, South Africa's main importing competitors in Scrap Nickel were:
United States $399M
Japan $196M
United Kingdom $181M

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Trade Value of Scrap Nickel by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $269k
TOP IMPORT POTENTIALUnited States+ $374

Scrap Nickel’s highest export potential is Germany. With an export gap of $269k.   Scrap Nickel’s highest import potential is United States with an import gap of $374.

See methodology.

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