2022
Exports
$175MWorld Rnk 1 / 56
Flag Rnk 9 / 1879
2022
Imports
$49.4kWorld Rnk 25 / 66
Flag Rnk 2789 / 4164
2022
ECONOMIC COMPLEXITY of Democratic Republic of the Congo
-1.81Rnk 130 / 133

About

Exports In 2022, Democratic Republic of the Congo exported $175M in Cobalt ores and concentrates, making it the 1st largest exporter of Cobalt ores and concentrates in the world. At the same year, Cobalt ores and concentrates was the 9th most exported product in Democratic Republic of the Congo. The main destination of Cobalt ores and concentrates exports from Democratic Republic of the Congo are: China ($133M), Morocco ($25.5M), Chinese Taipei ($15.4M), Zambia ($580k), and Netherlands ($174).

The fastest growing export markets for Cobalt ores and concentrates of Democratic Republic of the Congo between 2021 and 2022 were China ($56.3M), Morocco ($25.5M), and Chinese Taipei ($11.5M).

Imports In 2022, Democratic Republic of the Congo imported $49.4k in Cobalt ores and concentrates, becoming the 25th largest importer of Cobalt ores and concentrates in the world. At the same year, Cobalt ores and concentrates was the 2789th most imported product in Democratic Republic of the Congo. Democratic Republic of the Congo imports Cobalt ores and concentrates primarily from: South Africa ($49.4k).

The fastest growing import markets in Cobalt ores and concentrates for Democratic Republic of the Congo between 2021 and 2022 were South Africa ($48.8k).

COMPANIES In 2023, leading companies such as Continental Tire (18), Mahle Behr (11), and Molson Coors (9) were at the forefront of shipping Cobalt ores and concentrates from Democratic Republic of the Congo to the United States.

Latest Trends

Jul 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 ores and concentrates. 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)$175M
IMPORTS (2022)$49.4k
NET TRADE (2022)$175M

In 2022, Democratic Republic of the Congo exported $175M in Cobalt ores and concentrates. The main destinations of Democratic Republic of the Congo exports on Cobalt ores and concentrates were China ($133M), Morocco ($25.5M), Chinese Taipei ($15.4M), Zambia ($580k), and Netherlands ($174).

In 2022, Democratic Republic of the Congo imported $49.4k in Cobalt ores and concentrates, mainly from South Africa ($49.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cobalt ores and concentrates EXPORT MARKETS FOR Democratic Republic of the Congo WERE (2021 - 2022):
China$56.3M (73%)
Morocco$25.5M (1%)
Chinese Taipei$11.5M (301%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cobalt ores and concentrates BY Democratic Republic of the Congo WERE (2021 - 2022):
United Arab Emirates-$7.32M (-100%)
Japan-$3.95k (-100%)
Russia-$803 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Democratic Republic of the Congo's main exporting competitors in Cobalt ores and concentrates were:
In 2022, Democratic Republic of the Congo's main importing competitors in Cobalt ores and concentrates were:
China $134M
Morocco $25.5M
Finland $16.2M

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Trade Value of Cobalt ores and concentrates by Exporters

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