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Exports In 2022, South Africa exported $5.57M in Cobalt Ore, making it the 3rd largest exporter of Cobalt Ore in the world. At the same year, Cobalt Ore was the 631st most exported product in South Africa. The main destination of Cobalt Ore exports from South Africa are: Spain ($5.52M), Democratic Republic of the Congo ($49.4k), Argentina ($2.34k), China ($892), and Lesotho ($175).

The fastest growing export markets for Cobalt Ore of South Africa between 2021 and 2022 were Spain ($5.52M), Democratic Republic of the Congo ($48.8k), and Argentina ($2.34k).

Imports In 2022, South Africa imported $184k in Cobalt Ore, becoming the 13th largest importer of Cobalt Ore in the world. At the same year, Cobalt Ore was the 1126th most imported product in South Africa. South Africa imports Cobalt Ore primarily from: South Korea ($160k), Spain ($10.7k), United States ($9.24k), United Kingdom ($3.8k), and Zambia ($91).

The fastest growing import markets in Cobalt Ore for South Africa between 2021 and 2022 were South Korea ($19.2k), Spain ($10.7k), and United States ($9.24k).

Latest Trends

May 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2022 - May 2024)ZAR-5.29k(-84.6%)
IMPORT GROWTH (May 2022 - July 2024)ZAR736k(124%)
MAIN EXPORTER (May 2024)OshoekZAR3.6k
MAIN DESTINATION (May 2024)

This section shows Cobalt Ore's exports and imports data at subnational level for South Africa. 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 (2022)$5.57M
IMPORTS (2022)$184k
NET TRADE (2022)$5.39M

In 2022, South Africa exported $5.57M in Cobalt Ore. The main destinations of South Africa exports on Cobalt Ore were Spain ($5.52M), Democratic Republic of the Congo ($49.4k), Argentina ($2.34k), China ($892), and Lesotho ($175).

In 2022, South Africa imported $184k in Cobalt Ore, mainly from South Korea ($160k), Spain ($10.7k), United States ($9.24k), United Kingdom ($3.8k), and Zambia ($91).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cobalt Ore EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
Spain$5.52M (1%)
Argentina$2.34k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cobalt Ore BY South Africa WERE (2021 - 2022):
China-$256k (-99.7%)
Netherlands-$73 (-36.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Africa's main exporting competitors in Cobalt Ore were:
In 2022, South Africa'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
View
TOP EXPORT POTENTIALChina+ $11.1k
TOP IMPORT POTENTIALUnited Kingdom+ $1.57k

Cobalt Ore’s highest export potential is China. With an export gap of $11.1k.   Cobalt Ore’s highest import potential is United Kingdom with an import gap of $1.57k.

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