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2022
Exports $88World Rnk 68 / 75
Flag Rnk 1108 / 1127
2022
Destination $88N/A
2021 - 2022
FASTEST GROWING MARKET $88Netherlands
2022
PRODUCT COMPLEXITY IN Nickel Powder-0.1Rnk 583 / 1025
2022
Imports $15.6MWorld Rnk 17 / 117
Flag Rnk 635 / 1201
2022
Origin $4.69M Finland
2021 - 2022
FASTEST GROWING ORIGIN $4.69MFinland
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

The fastest growing export markets for Nickel Powder of Philippines between 2021 and 2022 were Netherlands ($88).

Imports In 2022, Philippines imported $15.6M in Nickel Powder, becoming the 17th largest importer of Nickel Powder in the world. At the same year, Nickel Powder was the 635th most imported product in Philippines. Philippines imports Nickel Powder primarily from: Finland ($11.1M), South Korea ($3.64M), Belgium ($464k), United Kingdom ($143k), and China ($110k).

The fastest growing import markets in Nickel Powder for Philippines between 2021 and 2022 were Finland ($4.69M), South Korea ($3.62M), and Belgium ($463k).

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 Nickel Powder. 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)$88
IMPORTS (2022)$15.6M
NET TRADE (2022)-$15.6M

In 2022, Philippines imported $15.6M in Nickel Powder, mainly from Finland ($11.1M), South Korea ($3.64M), Belgium ($464k), United Kingdom ($143k), and China ($110k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nickel Powder EXPORT MARKETS FOR Philippines WERE (2021 - 2022):Netherlands$88 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nickel Powder BY Philippines WERE (2021 - 2022):
South Korea-$63.5k (-100%)
Denmark-$2.25k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Philippines's main exporting competitors in Nickel Powder were:
Australia $819M
Canada $510M
United Kingdom $237M
In 2022, Philippines'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
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TOP EXPORT POTENTIALChina+ $681
TOP IMPORT POTENTIALChina+ $222k

Nickel Powder’s highest export potential is China. With an export gap of $681.   Nickel Powder’s highest import potential is China with an import gap of $222k.

See methodology.

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