Cobalt Ore in United States | The Observatory of Economic Complexity

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Exports In 2022, United States exported $267k in Cobalt Ore, making it the 11th largest exporter of Cobalt Ore in the world. At the same year, Cobalt Ore was the 1204th most exported product in United States. The main destination of Cobalt Ore exports from United States are: Ireland ($156k), Malaysia ($82.6k), Germany ($12.1k), South Africa ($9.24k), and South Korea ($6.84k).

The fastest growing export markets for Cobalt Ore of United States between 2021 and 2022 were Ireland ($115k), Malaysia ($82.6k), and South Africa ($9.24k).

Imports In 2022, United States imported $1.55M in Cobalt Ore, becoming the 8th largest importer of Cobalt Ore in the world. At the same year, Cobalt Ore was the 1189th most imported product in United States. United States imports Cobalt Ore primarily from: Russia ($774k), Germany ($589k), China ($161k), and Canada ($28.7k).

The fastest growing import markets in Cobalt Ore for United States between 2021 and 2022 were Russia ($774k), Germany ($461k), and Canada ($28.7k).

Latest Trends

June 2024

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Overview In June 2024 United States' Cobalt Ore exports accounted up to $31.8k and imports accounted up to $17.2k, resulting in a positive trade balance of $14.6k. Between December 2022 and June 2024 the exports of United States' Cobalt Ore have increased by $31.8k (N/A%) from $0 to $31.8k, while imports increased by $17.2k (N/A%) from $0 to $17.2k.

Destinations In June 2024, Cobalt Ore were exported mostly to South Korea ($31.8k), and were imported mostly from Germany ($17.2k) and Canada ($0).

Growth In June 2024, the increase in Cobalt Ore's year-by-year exports was explained primarily by an increase in exports to . In June 2024, the increase in Cobalt Ore's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2022 - June 2024)$31.8k(N/A%)

IMPORT GROWTH (June 2023 - June 2024)$17.2k(N/A%)

MAIN DESTINATION (June 2024)South Korea$31.8k

This section shows Cobalt Ore's exports and imports data at subnational level for United States. 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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