2022
Exports
$21.8kWorld Rnk 71 / 81
Flag Rnk 1124 / 1176
2022
PRODUCT COMPLEXITY IN Raw Nickel
-0.24Rnk 629 / 1025
2022
Imports
$51.8MWorld Rnk 28 / 123
Flag Rnk 544 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $21.8k in Raw Nickel, making it the 71st largest exporter of Raw Nickel in the world. At the same year, Raw Nickel was the 1124th most exported product in Vietnam. The main destination of Raw Nickel exports from Vietnam are: Japan ($17.1k), South Korea ($3.92k), and United States ($697).

The fastest growing export markets for Raw Nickel of Vietnam between 2021 and 2022 were Japan ($17.1k) and United States ($697).

Imports In 2022, Vietnam imported $51.8M in Raw Nickel, becoming the 28th largest importer of Raw Nickel in the world. At the same year, Raw Nickel was the 544th most imported product in Vietnam. Vietnam imports Raw Nickel primarily from: South Korea ($12.4M), Malaysia ($9.15M), Australia ($6.25M), Norway ($6.19M), and Singapore ($4.77M).

The fastest growing import markets in Raw Nickel for Vietnam between 2021 and 2022 were South Korea ($10.8M), Australia ($5.81M), and Malaysia ($4.82M).

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 Raw 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)$21.8k
IMPORTS (2022)$51.8M
NET TRADE (2022)-$51.8M

In 2022, Vietnam exported $21.8k in Raw Nickel. The main destinations of Vietnam exports on Raw Nickel were Japan ($17.1k), South Korea ($3.92k), and United States ($697).

In 2022, Vietnam imported $51.8M in Raw Nickel, mainly from South Korea ($12.4M), Malaysia ($9.15M), Australia ($6.25M), Norway ($6.19M), and Singapore ($4.77M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Nickel EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Japan$17.1k (1%)
United States$697 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Nickel BY Vietnam WERE (2021 - 2022):
South Korea-$23.9k (-85.9%)
Italy-$2.4k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Raw Nickel were:
Canada $2.78B
Russia $2.74B
In 2022, Vietnam's main importing competitors in Raw Nickel were:

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Trade Value of Raw Nickel by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $26.2k
TOP IMPORT POTENTIALAustralia+ $3.29M

Raw Nickel’s highest export potential is Japan. With an export gap of $26.2k.   Raw Nickel’s highest import potential is Australia with an import gap of $3.29M.

See methodology.

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