2023
Exports
$131MWorld Rnk 2 / 67
Flag Rnk 10 / 683
2023
PRODUCT COMPLEXITY IN Cobalt Oxides and Hydroxides
-1.74Rnk 978 / 1025
2023
Imports
$12.4kWorld Rnk 77 / 118
Flag Rnk 992 / 1127
2023
ECONOMIC COMPLEXITY of Democratic Republic of the Congo
-1.94Rnk 130 / 132

About

Exports In 2023, Democratic Republic of the Congo exported $131M in Cobalt Oxides and Hydroxides, making it the 2nd largest exporter of Cobalt Oxides and Hydroxides in the world. At the same year, Cobalt Oxides and Hydroxides was the 10th most exported product in Democratic Republic of the Congo. The main destination of Cobalt Oxides and Hydroxides exports from Democratic Republic of the Congo are: Zambia ($61.6M), Namibia ($60.2M), Brazil ($6.13M), South Africa ($3.37M), and India ($116k).

The fastest growing export markets for Cobalt Oxides and Hydroxides of Democratic Republic of the Congo between 2022 and 2023 were South Africa ($3.37M), India ($116k), and Australia ($44.8k).

Imports In 2023, Democratic Republic of the Congo imported $12.4k in Cobalt Oxides and Hydroxides, becoming the 77th largest importer of Cobalt Oxides and Hydroxides in the world. At the same year, Cobalt Oxides and Hydroxides was the 992nd most imported product in Democratic Republic of the Congo. Democratic Republic of the Congo imports Cobalt Oxides and Hydroxides primarily from: South Africa ($8.79k) and Belgium ($3.58k).

The fastest growing import markets in Cobalt Oxides and Hydroxides for Democratic Republic of the Congo between 2022 and 2023 were South Africa ($6.4k) and Belgium ($1.04k).

Latest Trends

Jan 2025

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)$131M
IMPORTS (2023)$12.4k
NET TRADE (2023)$131M

In 2023, Democratic Republic of the Congo exported $131M in Cobalt Oxides and Hydroxides. The main destinations of Democratic Republic of the Congo exports on Cobalt Oxides and Hydroxides were Zambia ($61.6M), Namibia ($60.2M), Brazil ($6.13M), South Africa ($3.37M), and India ($116k).

In 2023, Democratic Republic of the Congo imported $12.4k in Cobalt Oxides and Hydroxides, mainly from South Africa ($8.79k) and Belgium ($3.58k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cobalt Oxides and Hydroxides EXPORT MARKETS FOR Democratic Republic of the Congo WERE (2022 - 2023):
South Africa$3.37M (17.7M%)
India$116k (1%)
Australia$44.8k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cobalt Oxides and Hydroxides BY Democratic Republic of the Congo WERE (2022 - 2023):
Zambia-$189M (-75.4%)
Mozambique-$149M (-100%)
Hong Kong-$135M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Democratic Republic of the Congo's main exporting competitors in Cobalt Oxides and Hydroxides were:
China $99.3M
In 2023, Democratic Republic of the Congo'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 POTENTIALSouth Korea+ $4.85M
TOP IMPORT POTENTIALSouth Africa+ $3.07k

Cobalt Oxides and Hydroxides’s highest export potential is South Korea. With an export gap of $4.85M.   Cobalt Oxides and Hydroxides’s highest import potential is South Africa with an import gap of $3.07k.

See methodology.

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