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2022
Exports $24World Rnk 45 / 56
Flag Rnk 1199 / 1205
2022
Destination $11 Morocco
2021 - 2022
FASTEST GROWING MARKET $11Morocco
2022
Imports $16.2MWorld Rnk 3 / 66
Flag Rnk 531 / 1211
2022
Origin $610k Austria
2021 - 2022
FASTEST GROWING ORIGIN $610kAustria
2022
ECONOMIC COMPLEXITY of Finland1.41Rnk 13 / 133

About

Exports In 2022, Finland exported $24 in Cobalt Ore, making it the 45th largest exporter of Cobalt Ore in the world. At the same year, Cobalt Ore was the 1199th most exported product in Finland. The main destination of Cobalt Ore exports from Finland are: Morocco ($11), Canada ($11), and Netherlands ($2).

The fastest growing export markets for Cobalt Ore of Finland between 2021 and 2022 were Morocco ($11), Canada ($11), and Netherlands ($2).

Imports In 2022, Finland imported $16.2M in Cobalt Ore, becoming the 3rd largest importer of Cobalt Ore in the world. At the same year, Cobalt Ore was the 531st most imported product in Finland. Finland imports Cobalt Ore primarily from: Austria ($16M), Germany ($187k), Sweden ($35.6k), Netherlands ($185), and China ($15).

The fastest growing import markets in Cobalt Ore for Finland between 2021 and 2022 were Austria ($610k), Sweden ($35.6k), and Netherlands ($185).

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)$24
IMPORTS (2022)$16.2M
NET TRADE (2022)-$16.2M

In 2022, Finland exported $24 in Cobalt Ore. The main destinations of Finland exports on Cobalt Ore were Morocco ($11), Canada ($11), and Netherlands ($2).

In 2022, Finland imported $16.2M in Cobalt Ore, mainly from Austria ($16M), Germany ($187k), Sweden ($35.6k), Netherlands ($185), and China ($15).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cobalt Ore EXPORT MARKETS FOR Finland WERE (2021 - 2022):
Morocco$11 (1%)
Canada$11 (1%)
Netherlands$2 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cobalt Ore BY Finland WERE (2021 - 2022):
El Salvador-$689 (-100%)
Australia-$177 (-100%)
Russia-$166 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Finland's main exporting competitors in Cobalt Ore were:
Democratic Republic of the Congo $175M
Austria $16M
South Africa $5.57M
In 2022, Finland's main importing competitors in Cobalt Ore were:
China $134M
Morocco $25.5M

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Trade Value of Cobalt Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $349
TOP IMPORT POTENTIALSweden+ $24.4k

Cobalt Ore’s highest export potential is China. With an export gap of $349.   Cobalt Ore’s highest import potential is Sweden with an import gap of $24.4k.

See methodology.

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