2022
Exports
$2.27MWorld Rnk 42 / 97
Flag Rnk 510 / 1127
2022
PRODUCT COMPLEXITY IN Scrap Nickel
-0.18Rnk 609 / 1025
2022
Imports
$5.97MWorld Rnk 20 / 77
Flag Rnk 803 / 1201
2022
ECONOMIC COMPLEXITY of Philippines
0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $2.27M in Scrap Nickel, making it the 42nd largest exporter of Scrap Nickel in the world. At the same year, Scrap Nickel was the 510th most exported product in Philippines. The main destination of Scrap Nickel exports from Philippines are: Japan ($1.2M), Malaysia ($743k), South Korea ($289k), and Thailand ($40.2k).

The fastest growing export markets for Scrap Nickel of Philippines between 2021 and 2022 were Malaysia ($560k), Japan ($67.4k), and Thailand ($40.2k).

Imports In 2022, Philippines imported $5.97M in Scrap Nickel, becoming the 20th largest importer of Scrap Nickel in the world. At the same year, Scrap Nickel was the 803rd most imported product in Philippines. Philippines imports Scrap Nickel primarily from: Japan ($4.33M), Poland ($1.43M), Chinese Taipei ($194k), and Germany ($16.3k).

The fastest growing import markets in Scrap Nickel for Philippines between 2021 and 2022 were Japan ($2.91M) and Chinese Taipei ($28.1k).

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)$2.27M
IMPORTS (2022)$5.97M
NET TRADE (2022)-$3.7M

In 2022, Philippines exported $2.27M in Scrap Nickel. The main destinations of Philippines exports on Scrap Nickel were Japan ($1.2M), Malaysia ($743k), South Korea ($289k), and Thailand ($40.2k).

In 2022, Philippines imported $5.97M in Scrap Nickel, mainly from Japan ($4.33M), Poland ($1.43M), Chinese Taipei ($194k), and Germany ($16.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Nickel EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Malaysia$560k (306%)
Japan$67.4k (5.97%)
Thailand$40.2k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Nickel BY Philippines WERE (2021 - 2022):
Singapore-$373k (-100%)
South Korea-$303k (-51.2%)
Chinese Taipei-$97.5k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Philippines's main exporting competitors in Scrap Nickel were:
In 2022, Philippines'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 POTENTIALJapan+ $296k
TOP IMPORT POTENTIALGermany+ $48.9k

Scrap Nickel’s highest export potential is Japan. With an export gap of $296k.   Scrap Nickel’s highest import potential is Germany with an import gap of $48.9k.

See methodology.

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