24 June 2008
Nickel Exports Shine: New DFAT Trade Report: Exports of Primary Products and Manufactures in 2007
Exports of the metal nickel – a key input in steel manufacturing - are estimated to have increased by almost a third to $8.5 billion in 2007, according to analysis undertaken by the Department of Foreign Affairs and Trade.
The data showed that nickel exports increased from $6.4 billion in 2006 to $8.5 billion last year – a rise of 32.3 per cent by value.
Australia exports nickel in a range of forms: smelted ingots (Nickel ores and concentrates and Nickel mattes and sinters) which are classified as processed and unprocessed primary products; nickel rods and bars (Nickel and nickel alloys unworked) classified as Simply transformed manufactures (STM); and more highly processed nickel products (Nickel and nickel alloys worked) classified as Elaborately transformed manufactures (ETMs).
Primary destinations for Australian nickel were China, the European Union and Japan. Most nickel exports originated in Western Australia.
The analysis is contained in Exports of Primary and Manufactured Products, Australia 2007, one of DFAT’s trade data series which reports on Australian-produced exports, eliminating re-exported goods.
It shows that Australian produced merchandise exports increased by 3.5 per cent to $161.4 billion, and accounted for 96.1 per cent of total exports, in 2007.
The publication is part of a series published each year by DFAT that provides comprehensive information on Australia’s international trade in goods and services. DFAT also offers a customised consultancy service, producing reports tailored to specific requirements. For further information please contact (02) 6261 3114, or fax (02) 6261 3321 or email email@example.com
The analysis and summary tables, and an order form for this publication (and others in the series) are available online at: http://www.dfat.gov.au/publications/statistics.html. Hard copy orders can also be placed at this site.