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Who buys Australia’s nickel? Export destinations 2024

In 2024, Australia exported $1.8 billion of nickel (130 thousand tonnes), 6.4% of the world total. Its main destinations were Japan (36%), China (10%) and South Korea (9%). Australia was the world’s 4th-largest exporter of nickel.

Summary

Value
$1.8billion
Tonnes
130thousand tonnes
Share of world total
6.4%
World rank
4th
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 20 main destinations in the latest year.

PartnerValue (USD millions)TonnesUSD per tonneShareMode
Japan638Tonnes: 38,898USD per tonne: $16,39336%Sea
China183Tonnes: 28,143USD per tonne: $6,51210.4%Sea
South Korea152Tonnes: 12,854USD per tonne: $11,8228.6%Sea
United States133Tonnes: 7,624USD per tonne: $17,4447.5%Sea
Malaysia124Tonnes: 7,705USD per tonne: $16,1127%Sea
Netherlands re-exports111Tonnes: 4,328USD per tonne: $25,6826.3%Sea
Norway95.6Tonnes: 10,179USD per tonne: $9,3895.4%Sea
Germany86.7Tonnes: 4,992USD per tonne: $17,3704.9%Sea
Sweden79.8Tonnes: 4,235USD per tonne: $18,8354.5%Sea
United Kingdom36Tonnes: 891USD per tonne: $40,3602%Air
Taiwan26.5Tonnes: 1,406USD per tonne: $18,8291.5%Sea
Spain20.2Tonnes: 1,230USD per tonne: $16,3921.1%Sea
Austria19.9Tonnes: 1,172USD per tonne: $16,9591.1%Sea
France19.1Tonnes: 1,039USD per tonne: $18,4321.1%Sea
Italy10.3Tonnes: 488USD per tonne: $21,0660.58%Sea
Canada7.9Tonnes: 3,315USD per tonne: $2,3690.44%Sea
Singapore re-exports7.6Tonnes: 323USD per tonne: $23,5760.43%Sea
Saudi Arabia3Tonnes: 177USD per tonne: $16,9960.17%Sea
Brazil2.6Tonnes: 144USD per tonne: $18,3920.15%Sea
Turkey2.6Tonnes: 153USD per tonne: $17,2080.15%Sea

Trend

Who it sells to

Japan has been its main destination since 2024

Value in USD billions. The five largest destinations in 2024.

  • Japan 0.64
  • China 0.18
  • South Korea 0.15
  • United States 0.13
  • Malaysia 0.12

Source: CEPII BACI

Show the numbers
Partner19952024
Japan0.20.64
China< 0.010.18
South Korea0.090.15
United States0.110.13
Malaysia< 0.010.12

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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