2023
Exports
$75MWorld Rnk 4 / 67
Flag Rnk 169 / 1214
2023
PRODUCT COMPLEXITY IN Cobalt Oxides and Hydroxides
-1.74Rnk 978 / 1025
2023
Imports
$50.6MWorld Rnk 6 / 118
Flag Rnk 291 / 1211
2023
ECONOMIC COMPLEXITY of South Africa
0.07Rnk 59 / 132

About

Exports In 2023, South Africa exported $75M in Cobalt Oxides and Hydroxides, making it the 4th largest exporter of Cobalt Oxides and Hydroxides in the world. At the same year, Cobalt Oxides and Hydroxides was the 169th most exported product in South Africa. The main destination of Cobalt Oxides and Hydroxides exports from South Africa are: China ($67.9M), Hong Kong ($3.41M), Finland ($3.03M), Norway ($515k), and Australia ($67.7k).

The fastest growing export markets for Cobalt Oxides and Hydroxides of South Africa between 2022 and 2023 were China ($11.5M), Hong Kong ($3.41M), and Norway ($515k).

Imports In 2023, South Africa imported $50.6M in Cobalt Oxides and Hydroxides, becoming the 6th largest importer of Cobalt Oxides and Hydroxides in the world. At the same year, Cobalt Oxides and Hydroxides was the 291st most imported product in South Africa. South Africa imports Cobalt Oxides and Hydroxides primarily from: Zambia ($47.1M), Democratic Republic of the Congo ($3.37M), China ($126k), Netherlands ($6.43k), and Germany ($2.06k).

The fastest growing import markets in Cobalt Oxides and Hydroxides for South Africa between 2022 and 2023 were Zambia ($47.1M), Democratic Republic of the Congo ($3.37M), and China ($126k).

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - November 2024)ZAR-204M(-100%)
IMPORT GROWTH (September 2023 - November 2024)ZAR24.5k(2.63k%)
MAIN EXPORTER (November 2024)Cape Town Int AirportZAR4.79M
MAIN DESTINATION (November 2024)NamibiaZAR1.93k

This section shows Cobalt Oxides and Hydroxides'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 Oxides and Hydroxides over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$75M
IMPORTS (2023)$50.6M
NET TRADE (2023)$24.4M

In 2023, South Africa exported $75M in Cobalt Oxides and Hydroxides. The main destinations of South Africa exports on Cobalt Oxides and Hydroxides were China ($67.9M), Hong Kong ($3.41M), Finland ($3.03M), Norway ($515k), and Australia ($67.7k).

In 2023, South Africa imported $50.6M in Cobalt Oxides and Hydroxides, mainly from Zambia ($47.1M), Democratic Republic of the Congo ($3.37M), China ($126k), Netherlands ($6.43k), and Germany ($2.06k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cobalt Oxides and Hydroxides EXPORT MARKETS FOR South Africa WERE (2022 - 2023):
China$11.5M (20.4%)
Hong Kong$3.41M (1%)
Norway$515k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cobalt Oxides and Hydroxides BY South Africa WERE (2022 - 2023):
Finland-$47.5M (-94%)
Chinese Taipei-$7.82M (-100%)
Germany-$7.02M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, South Africa's main exporting competitors in Cobalt Oxides and Hydroxides were:
In 2023, South Africa'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
View
TOP EXPORT POTENTIALIndia+ $553k
TOP IMPORT POTENTIALBelgium+ $7.59k

Cobalt Oxides and Hydroxides’s highest export potential is India. With an export gap of $553k.   Cobalt Oxides and Hydroxides’s highest import potential is Belgium with an import gap of $7.59k.

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