2022
Exports
$39.3MWorld Rnk 10 / 97
Flag Rnk 986 / 1216
2022
PRODUCT COMPLEXITY IN Scrap Nickel
-0.18Rnk 609 / 1025
2022
Imports
$18.7MWorld Rnk 12 / 77
Flag Rnk 937 / 1212
2022
ECONOMIC COMPLEXITY of China
1.12Rnk 22 / 133

About

Exports In 2022, China exported $39.3M in Scrap Nickel, making it the 10th largest exporter of Scrap Nickel in the world. At the same year, Scrap Nickel was the 986th most exported product in China. The main destination of Scrap Nickel exports from China are: United States ($19.3M), United Kingdom ($10.5M), Singapore ($7.62M), Germany ($663k), and Japan ($627k).

The fastest growing export markets for Scrap Nickel of China between 2021 and 2022 were United States ($14.8M), United Kingdom ($9.61M), and Singapore ($5.19M).

Imports In 2022, China imported $18.7M in Scrap Nickel, becoming the 12th largest importer of Scrap Nickel in the world. At the same year, Scrap Nickel was the 937th most imported product in China. China imports Scrap Nickel primarily from: Japan ($7.26M), Chinese Taipei ($4.49M), Malaysia ($3.33M), Hungary ($2.6M), and South Korea ($676k).

The fastest growing import markets in Scrap Nickel for China between 2021 and 2022 were Japan ($5.41M), Hungary ($2.6M), and South Korea ($676k).

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-1.02M(-48%)
IMPORT GROWTH (November 2019 - May 2022)$-1.19M(-93%)
MAIN EXPORTER (July 2024)Hebei Province$1.16M
MAIN DESTINATION (July 2024)United Kingdom$924k

This section shows Scrap Nickel's exports and imports data at subnational level for China. 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)$39.3M
IMPORTS (2022)$18.7M
NET TRADE (2022)$20.6M

In 2022, China exported $39.3M in Scrap Nickel. The main destinations of China exports on Scrap Nickel were United States ($19.3M), United Kingdom ($10.5M), Singapore ($7.62M), Germany ($663k), and Japan ($627k).

In 2022, China imported $18.7M in Scrap Nickel, mainly from Japan ($7.26M), Chinese Taipei ($4.49M), Malaysia ($3.33M), Hungary ($2.6M), and South Korea ($676k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Nickel EXPORT MARKETS FOR China WERE (2021 - 2022):
United States$14.8M (325%)
United Kingdom$9.61M (1.09k%)
Singapore$5.19M (214%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Nickel BY China WERE (2021 - 2022):
Malaysia-$363k (-100%)
France-$159k (-100%)
Thailand-$155k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

Explore Visualizations

Trade Value of Scrap Nickel by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.65M
TOP IMPORT POTENTIALSouth Korea+ $771k

Scrap Nickel’s highest export potential is United States. With an export gap of $2.65M.   Scrap Nickel’s highest import potential is South Korea with an import gap of $771k.

See methodology.

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