2021
Exports | Imports
$228M | $641kWorld Rnk 2 / 60
Flag Rnk 87 / 1202
World Rnk 41 / 117
Flag Rnk 1029 / 1207
2021
ECONOMIC COMPLEXITY of Finland
1.42Rnk 13 / 131
2021
PRODUCT COMPLEXITY IN Cobalt Oxides and Hydroxides
-1.71Rnk 971 / 1024

About

Exports In 2021, Finland exported $228M 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 87th most exported product in Finland. The main destination of Cobalt Oxides and Hydroxides exports from Finland are: Belgium ($100M), South Korea ($29M), Germany ($28.9M), United States ($25.4M), and Spain ($11.3M).

The fastest growing export markets for Cobalt Oxides and Hydroxides of Finland between 2020 and 2021 were Belgium ($88.8M), South Korea ($25.1M), and United States ($15.9M).

Imports In 2021, Finland imported $641k in Cobalt Oxides and Hydroxides, becoming the 41st largest importer of Cobalt Oxides and Hydroxides in the world. At the same year, Cobalt Oxides and Hydroxides was the 1029th most imported product in Finland. Finland imports Cobalt Oxides and Hydroxides primarily from: Belgium ($519k), Japan ($73.2k), United States ($21.3k), Spain ($19.9k), and Germany ($7.83k).

The fastest growing import markets in Cobalt Oxides and Hydroxides for Finland between 2020 and 2021 were Japan ($70.3k), United States ($21.3k), and Spain ($19.9k).

Latest Trends

Dec 2023

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 (2021)$228M
IMPORTS (2021)$641k
NET TRADE (2021)$227M

In 2021, Finland exported $228M in Cobalt Oxides and Hydroxides. The main destinations of Finland exports on Cobalt Oxides and Hydroxides were Belgium ($100M), South Korea ($29M), Germany ($28.9M), United States ($25.4M), and Spain ($11.3M).

In 2021, Finland imported $641k in Cobalt Oxides and Hydroxides, mainly from Belgium ($519k), Japan ($73.2k), United States ($21.3k), Spain ($19.9k), and Germany ($7.83k).

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Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
THE FASTEST GROWING Cobalt Oxides and Hydroxides EXPORT MARKETS FOR Finland WERE (2020 - 2021):
Belgium$88.8M (774%)
South Korea$25.1M (642%)
United States$15.9M (167%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cobalt Oxides and Hydroxides BY Finland WERE (2020 - 2021):
China-$43.3M (-99.9%)
Netherlands-$3.15M (-78.8%)
Japan-$2.17M (-27.9%)

Change in Exports by Market (2020 - 2021)

Market Concentration

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Flow
Type
In 2021, Finland's main exporting competitors in Cobalt Oxides and Hydroxides were:
In 2021, Finland's main importing competitors in Cobalt Oxides and Hydroxides were:

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Trade Value of Cobalt Oxides and Hydroxides by Exporters

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