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2022
Exports $175MWorld Rnk 1 / 56
Flag Rnk 9 / 790
2022
Destination $56.3M China
2021 - 2022
FASTEST GROWING MARKET $56.3MChina
2022
Imports $49.4kWorld Rnk 25 / 66
Flag Rnk 938 / 1169
2022
Origin $48.8k South Africa
2021 - 2022
FASTEST GROWING ORIGIN $48.8kSouth Africa
2022
ECONOMIC COMPLEXITY of Democratic Republic of the Congo-1.81Rnk 130 / 133

About

Exports In 2022, Democratic Republic of the Congo exported $175M in Cobalt Ore, making it the 1st largest exporter of Cobalt Ore in the world. At the same year, Cobalt Ore was the 9th most exported product in Democratic Republic of the Congo. The main destination of Cobalt Ore exports from Democratic Republic of the Congo are: China ($133M), Morocco ($25.5M), Chinese Taipei ($15.4M), Zambia ($580k), and Netherlands ($174).

The fastest growing export markets for Cobalt Ore of Democratic Republic of the Congo between 2021 and 2022 were China ($56.3M), Morocco ($25.5M), and Chinese Taipei ($11.5M).

Imports In 2022, Democratic Republic of the Congo imported $49.4k in Cobalt Ore, becoming the 25th largest importer of Cobalt Ore in the world. At the same year, Cobalt Ore was the 938th most imported product in Democratic Republic of the Congo. Democratic Republic of the Congo imports Cobalt Ore primarily from: South Africa ($49.4k).

The fastest growing import markets in Cobalt Ore for Democratic Republic of the Congo between 2021 and 2022 were South Africa ($48.8k).

Latest Trends

Oct 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 (2022)$175M
IMPORTS (2022)$49.4k
NET TRADE (2022)$175M

In 2022, Democratic Republic of the Congo exported $175M in Cobalt Ore. The main destinations of Democratic Republic of the Congo exports on Cobalt Ore were China ($133M), Morocco ($25.5M), Chinese Taipei ($15.4M), Zambia ($580k), and Netherlands ($174).

In 2022, Democratic Republic of the Congo imported $49.4k in Cobalt Ore, mainly from South Africa ($49.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cobalt Ore EXPORT MARKETS FOR Democratic Republic of the Congo WERE (2021 - 2022):
China$56.3M (73%)
Morocco$25.5M (1%)
Chinese Taipei$11.5M (301%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cobalt Ore BY Democratic Republic of the Congo WERE (2021 - 2022):
United Arab Emirates-$7.32M (-100%)
Japan-$3.95k (-100%)
Russia-$803 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Democratic Republic of the Congo's main exporting competitors in Cobalt Ore were:
Austria $16M
South Africa $5.57M
In 2022, Democratic Republic of the Congo's main importing competitors in Cobalt Ore were:
China $134M
Morocco $25.5M
Finland $16.2M

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Trade Value of Cobalt Ore by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALZambia+ $184k
TOP IMPORT POTENTIALAustria+ $438

Cobalt Ore’s highest export potential is Zambia. With an export gap of $184k.   Cobalt Ore’s highest import potential is Austria with an import gap of $438.

See methodology.

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