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2022
Exports $774kWorld Rnk 9 / 56
Flag Rnk 920 / 1200
falsefalse United States
2021 - 2022
FASTEST GROWING MARKETfalseUnited States
2022
Imports $306World Rnk 45 / 66
Flag Rnk 1198 / 1201
2021 - 2022
FASTEST GROWING ORIGINfalsefalse
2022
ECONOMIC COMPLEXITY of Russia0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $774k in Cobalt Ore, making it the 9th largest exporter of Cobalt Ore in the world. At the same year, Cobalt Ore was the 920th most exported product in Russia. The main destination of Cobalt Ore exports from Russia are: United States ($774k).

The fastest growing export markets for Cobalt Ore of Russia between 2021 and 2022 were United States ($774k).

Imports In 2022, Russia imported $306 in Cobalt Ore, becoming the 45th largest importer of Cobalt Ore in the world. At the same year, Cobalt Ore was the 1198th most imported product in Russia. Russia imports Cobalt Ore primarily from: Morocco ($306).

Latest Trends

Sep 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)$774k
IMPORTS (2022)$306
NET TRADE (2022)$774k

In 2022, Russia exported $774k in Cobalt Ore. The main destinations of Russia exports on Cobalt Ore were United States ($774k).

In 2022, Russia imported $306 in Cobalt Ore, mainly from Morocco ($306).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cobalt Ore EXPORT MARKETS FOR Russia WERE (2021 - 2022):United States$774k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cobalt Ore BY Russia WERE (2021 - 2022):Turkey-$9.79k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Russia's main exporting competitors in Cobalt Ore were:
Democratic Republic of the Congo $175M
Austria $16M
South Africa $5.57M
In 2022, Russia'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 POTENTIALChina+ $2.04k
TOP IMPORT POTENTIALDemocratic Republic of the Congo+ $533

Cobalt Ore’s highest export potential is China. With an export gap of $2.04k.   Cobalt Ore’s highest import potential is Democratic Republic of the Congo with an import gap of $533.

See methodology.

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