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2022
Exports $70.5kWorld Rnk 19 / 56
Flag Rnk 542 / 1032
falsefalse China
2021 - 2022
FASTEST GROWING MARKETfalseSingapore
2022
Imports $256World Rnk 0 / 0
Flag Rnk 0 / 0
2021 - 2022
FASTEST GROWING ORIGINfalsefalse
2022
ECONOMIC COMPLEXITY of Tanzania-1.08Rnk 116 / 133

About

Exports In 2022, Tanzania exported $70.5k in Cobalt Ore, making it the 19th largest exporter of Cobalt Ore in the world. At the same year, Cobalt Ore was the 542nd most exported product in Tanzania. The main destination of Cobalt Ore exports from Tanzania are: China ($47.3k) and Singapore ($23.3k).

The fastest growing export markets for Cobalt Ore of Tanzania between 2021 and 2022 were Singapore ($23.3k).

Imports In 2019, Tanzania imported $256 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 Tanzania. Tanzania imports Cobalt Ore primarily from: N/A.

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)$70.5k
IMPORTS (2019)$256
NET TRADE (2022)$70.5k

In 2022, Tanzania exported $70.5k in Cobalt Ore. The main destinations of Tanzania exports on Cobalt Ore were China ($47.3k) and Singapore ($23.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cobalt Ore EXPORT MARKETS FOR Tanzania WERE (2021 - 2022):Singapore$23.3k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cobalt Ore BY Tanzania WERE (2021 - 2022):China-$7.32k (-13.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Tanzania's main exporting competitors in Cobalt Ore were:
Democratic Republic of the Congo $175M
Austria $16M
South Africa $5.57M
In 2022, Tanzania'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+ $44.4k
TOP IMPORT POTENTIALDemocratic Republic of the Congo+ $450

Cobalt Ore’s highest export potential is China. With an export gap of $44.4k.   Cobalt Ore’s highest import potential is Democratic Republic of the Congo with an import gap of $450.

See methodology.

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