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2022
Exports $55World Rnk 42 / 56
Flag Rnk 1202 / 1206
2022
Destination $55 Netherlands
2021 - 2022
FASTEST GROWING MARKET $55Netherlands
2022
Imports $171World Rnk 48 / 66
Flag Rnk 1207 / 1210
2022
Origin $171 Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $171Netherlands
2022
ECONOMIC COMPLEXITY of Hungary1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $55 in Cobalt Ore, making it the 42nd largest exporter of Cobalt Ore in the world. At the same year, Cobalt Ore was the 1202nd most exported product in Hungary. The main destination of Cobalt Ore exports from Hungary are: Netherlands ($55).

The fastest growing export markets for Cobalt Ore of Hungary between 2021 and 2022 were Netherlands ($55).

Imports In 2022, Hungary imported $171 in Cobalt Ore, becoming the 48th largest importer of Cobalt Ore in the world. At the same year, Cobalt Ore was the 1207th most imported product in Hungary. Hungary imports Cobalt Ore primarily from: Netherlands ($171).

The fastest growing import markets in Cobalt Ore for Hungary between 2021 and 2022 were Netherlands ($171).

Latest Trends

Jul 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)$55
IMPORTS (2022)$171
NET TRADE (2022)-$116

In 2022, Hungary exported $55 in Cobalt Ore. The main destinations of Hungary exports on Cobalt Ore were Netherlands ($55).

In 2022, Hungary imported $171 in Cobalt Ore, mainly from Netherlands ($171).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cobalt Ore EXPORT MARKETS FOR Hungary WERE (2021 - 2022):Netherlands$55 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cobalt Ore BY Hungary WERE (2021 - 2022):Austria-$9.68k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Cobalt Ore were:
Democratic Republic of the Congo $175M
Austria $16M
South Africa $5.57M
In 2022, Hungary'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
View
TOP EXPORT POTENTIALChina+ $368
TOP IMPORT POTENTIALDemocratic Republic of the Congo+ $395

Cobalt Ore’s highest export potential is China. With an export gap of $368.   Cobalt Ore’s highest import potential is Democratic Republic of the Congo with an import gap of $395.

See methodology.

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