2023
Exports
$324kWorld Rnk 25 / 67
Flag Rnk 1013 / 1208
2023
PRODUCT COMPLEXITY IN Cobalt Oxides and Hydroxides
-1.74Rnk 978 / 1025
2023
Imports
$431kWorld Rnk 42 / 118
Flag Rnk 1110 / 1207
2023
ECONOMIC COMPLEXITY of Australia
-0.28Rnk 75 / 132

About

Exports In 2023, Australia exported $324k in Cobalt Oxides and Hydroxides, making it the 25th largest exporter of Cobalt Oxides and Hydroxides in the world. At the same year, Cobalt Oxides and Hydroxides was the 1013th most exported product in Australia. The main destination of Cobalt Oxides and Hydroxides exports from Australia are: United States ($308k), Canada ($7.59k), New Zealand ($2.79k), Laos ($2.56k), and Samoa ($1.27k).

The fastest growing export markets for Cobalt Oxides and Hydroxides of Australia between 2022 and 2023 were Laos ($2.56k), New Zealand ($2.23k), and Samoa ($1.27k).

Imports In 2023, Australia imported $431k in Cobalt Oxides and Hydroxides, becoming the 42nd largest importer of Cobalt Oxides and Hydroxides in the world. At the same year, Cobalt Oxides and Hydroxides was the 1110th most imported product in Australia. Australia imports Cobalt Oxides and Hydroxides primarily from: China ($219k), South Africa ($67.7k), Democratic Republic of the Congo ($44.8k), Thailand ($43.8k), and South Korea ($28.5k).

The fastest growing import markets in Cobalt Oxides and Hydroxides for Australia between 2022 and 2023 were Democratic Republic of the Congo ($44.8k), Thailand ($43.8k), and South Africa ($10.7k).

Latest Trends

Dec 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 Oxides and Hydroxides. 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 (2023)$324k
IMPORTS (2023)$431k
NET TRADE (2023)-$107k

In 2023, Australia exported $324k in Cobalt Oxides and Hydroxides. The main destinations of Australia exports on Cobalt Oxides and Hydroxides were United States ($308k), Canada ($7.59k), New Zealand ($2.79k), Laos ($2.56k), and Samoa ($1.27k).

In 2023, Australia imported $431k in Cobalt Oxides and Hydroxides, mainly from China ($219k), South Africa ($67.7k), Democratic Republic of the Congo ($44.8k), Thailand ($43.8k), and South Korea ($28.5k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cobalt Oxides and Hydroxides EXPORT MARKETS FOR Australia WERE (2022 - 2023):
Laos$2.56k (1%)
New Zealand$2.23k (393%)
Samoa$1.27k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cobalt Oxides and Hydroxides BY Australia WERE (2022 - 2023):
Canada-$389k (-98.1%)
India-$151k (-100%)
United States-$13.1k (-4.09%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Australia's main exporting competitors in Cobalt Oxides and Hydroxides were:
In 2023, Australia's main importing competitors in Cobalt Oxides and Hydroxides were:

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Trade Value of Cobalt Oxides and Hydroxides by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $94.1k
TOP IMPORT POTENTIALChina+ $151k

Cobalt Oxides and Hydroxides’s highest export potential is United States. With an export gap of $94.1k.   Cobalt Oxides and Hydroxides’s highest import potential is China with an import gap of $151k.

See methodology.

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