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2023
Exports $27kWorld Rnk 20 / 46
Flag Rnk 1151 / 1208
2023
Destination $9.16k Malaysia
2022 - 2023
FASTEST GROWING MARKET $9.16kNew Zealand
2023
Imports $1.64kWorld Rnk 40 / 62
Flag Rnk 1199 / 1207
2023
Origin $1.64k New Zealand
2022 - 2023
FASTEST GROWING ORIGIN $1.64kNew Zealand
2023
ECONOMIC COMPLEXITY of Australia-0.28Rnk 75 / 132

About

Exports In 2023, Australia exported $27k in Cobalt Ore, making it the 20th largest exporter of Cobalt Ore in the world. At the same year, Cobalt Ore was the 1151st most exported product in Australia. The main destination of Cobalt Ore exports from Australia are: Malaysia ($17.8k), New Zealand ($9.16k), and France ($13).

The fastest growing export markets for Cobalt Ore of Australia between 2022 and 2023 were New Zealand ($9.16k) and France ($13).

Imports In 2023, Australia imported $1.64k in Cobalt Ore, becoming the 40th largest importer of Cobalt Ore in the world. At the same year, Cobalt Ore was the 1199th most imported product in Australia. Australia imports Cobalt Ore primarily from: New Zealand ($1.64k).

The fastest growing import markets in Cobalt Ore for Australia between N/A and 2023 were New Zealand ($1.64k).

Latest Trends

Dec 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 Cobalt Ore. 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 (2023)$27k
IMPORTS (2023)$1.64k
NET TRADE (2023)$25.4k

In 2023, Australia exported $27k in Cobalt Ore. The main destinations of Australia exports on Cobalt Ore were Malaysia ($17.8k), New Zealand ($9.16k), and France ($13).

In 2023, Australia imported $1.64k in Cobalt Ore, mainly from New Zealand ($1.64k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cobalt Ore EXPORT MARKETS FOR Australia WERE (2022 - 2023):
New Zealand$9.16k (1%)
France$13 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cobalt Ore BY Australia WERE (2022 - 2023):
Malaysia-$79.1k (-81.6%)
Chile-$87 (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Australia's main exporting competitors in Cobalt Ore were:
Democratic Republic of the Congo $67.1M
Austria $11.1M
Italy $5.93M
In 2023, Australia's main importing competitors in Cobalt Ore were:
China $39.1M
Chinese Taipei $19.9M
Finland $16.7M

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Trade Value of Cobalt Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.07k
TOP IMPORT POTENTIALDemocratic Republic of the Congo+ $366

Cobalt Ore’s highest export potential is China. With an export gap of $1.07k.   Cobalt Ore’s highest import potential is Democratic Republic of the Congo with an import gap of $366.

See methodology.

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