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2023
Exports $13.7kWorld Rnk 26 / 46
Flag Rnk 1179 / 1209
falsefalse Malaysia
2022 - 2023
FASTEST GROWING MARKETfalseMalaysia
2023
Imports $15World Rnk 0 / 0
Flag Rnk 0 / 0
2022 - 2023
FASTEST GROWING ORIGINfalsefalse
2023
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 132

About

Exports In 2023, Japan exported $13.7k in Cobalt Ore, making it the 26th largest exporter of Cobalt Ore in the world. At the same year, Cobalt Ore was the 1179th most exported product in Japan. The main destination of Cobalt Ore exports from Japan are: Malaysia ($13.4k), New Zealand ($217), and Indonesia ($44).

The fastest growing export markets for Cobalt Ore of Japan between 2022 and 2023 were Malaysia ($6.23k), New Zealand ($217), and Indonesia ($44).

Imports In 2022, Japan imported $15 in Cobalt Ore, becoming the 0th largest importer of Cobalt Ore in the world. At the same year, Cobalt Ore was the 0th most imported product in Japan. Japan imports Cobalt Ore primarily from: N/A.

Latest Trends

October 2024

About

Overview In October 2024 Japan's Cobalt Ore exports accounted up to ¥379k and imports accounted up to ¥450k, resulting in a negative trade balance of ¥71k. Between January 2020 and October 2024 the exports of Japan's   Cobalt Ore have decreased by ¥-259k (-40.6%) from ¥638k to ¥379k, while imports increased by ¥203k (82.2%) from ¥247k to ¥450k.

Destinations In October 2024, Cobalt Ore were exported mostly to , and were imported mostly from .

Growth In October 2024, the decrease in Cobalt Ore's year-by-year exports was explained primarily by a decrease in exports to . In February 2021, the increase in Cobalt Ore's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2020 - October 2024)¥-259k(-40.6%)
IMPORT GROWTH (January 2017 - February 2021)¥203k(82.2%)
MAIN EXPORTER (October 2024)Chiba¥379k
MAIN DESTINATION (October 2024)

This section shows Cobalt Ore's exports and imports data at subnational level for Japan. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Cobalt Ore over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$13.7k
IMPORTS (2022)$15
NET TRADE (2023)$13.7k

In 2023, Japan exported $13.7k in Cobalt Ore. The main destinations of Japan exports on Cobalt Ore were Malaysia ($13.4k), New Zealand ($217), and Indonesia ($44).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cobalt Ore EXPORT MARKETS FOR Japan WERE (2022 - 2023):
Malaysia$6.23k (86.3%)
New Zealand$217 (1%)
Indonesia$44 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cobalt Ore BY Japan WERE (2022 - 2023):
Chinese Taipei-$235k (-100%)
Luxembourg-$332 (-100%)
Netherlands-$240 (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Japan's main exporting competitors in Cobalt Ore were:
Democratic Republic of the Congo $67.1M
Austria $11.1M
Italy $5.93M
In 2023, Japan'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+ $829
TOP IMPORT POTENTIALDemocratic Republic of the Congo+ $453

Cobalt Ore’s highest export potential is China. With an export gap of $829.   Cobalt Ore’s highest import potential is Democratic Republic of the Congo with an import gap of $453.

See methodology.

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