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2023
Exports $1.61kWorld Rnk 34 / 46
Flag Rnk 1205 / 1212
2023
Destination $1.2k United Arab Emirates
2022 - 2023
FASTEST GROWING MARKET $1.2kUnited Arab Emirates
2023
Imports $84.2kWorld Rnk 16 / 62
Flag Rnk 1177 / 1208
2023
Origin $62.2k Malaysia
2022 - 2023
FASTEST GROWING ORIGIN $62.2kMalaysia
2023
ECONOMIC COMPLEXITY of India0.65Rnk 39 / 132

About

Exports In 2023, India exported $1.61k in Cobalt Ore, making it the 34th largest exporter of Cobalt Ore in the world. At the same year, Cobalt Ore was the 1205th most exported product in India. The main destination of Cobalt Ore exports from India are: United Arab Emirates ($1.2k), Spain ($243), Netherlands ($109), Mauritius ($43), and Germany ($17).

The fastest growing export markets for Cobalt Ore of India between 2022 and 2023 were United Arab Emirates ($1.2k), Spain ($243), and Netherlands ($51).

Imports In 2023, India imported $84.2k in Cobalt Ore, becoming the 16th largest importer of Cobalt Ore in the world. At the same year, Cobalt Ore was the 1177th most imported product in India. India imports Cobalt Ore primarily from: Malaysia ($62.2k), Singapore ($11.6k), United Kingdom ($9.85k), and China ($490).

The fastest growing import markets in Cobalt Ore for India between 2022 and 2023 were Malaysia ($62.2k), Singapore ($11.6k), and China ($485).

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)$1.61k
IMPORTS (2023)$84.2k
NET TRADE (2023)-$82.5k

In 2023, India exported $1.61k in Cobalt Ore. The main destinations of India exports on Cobalt Ore were United Arab Emirates ($1.2k), Spain ($243), Netherlands ($109), Mauritius ($43), and Germany ($17).

In 2023, India imported $84.2k in Cobalt Ore, mainly from Malaysia ($62.2k), Singapore ($11.6k), United Kingdom ($9.85k), and China ($490).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cobalt Ore EXPORT MARKETS FOR India WERE (2022 - 2023):
United Arab Emirates$1.2k (1%)
Spain$243 (1%)
Netherlands$51 (87.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cobalt Ore BY India WERE (2022 - 2023):Germany-$14 (-45.2%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, India's main exporting competitors in Cobalt Ore were:
Democratic Republic of the Congo $67.1M
Austria $11.1M
Italy $5.93M
In 2023, India'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+ $672
TOP IMPORT POTENTIALDemocratic Republic of the Congo+ $1.34k

Cobalt Ore’s highest export potential is China. With an export gap of $672.   Cobalt Ore’s highest import potential is Democratic Republic of the Congo with an import gap of $1.34k.

See methodology.

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