2022
Exports
$21.2MWorld Rnk 24 / 97
Flag Rnk 597 / 1211
2022
PRODUCT COMPLEXITY IN Cobalt
-1.74Rnk 975 / 1025
2022
Imports
$29.2MWorld Rnk 24 / 159
Flag Rnk 622 / 1212
2022
ECONOMIC COMPLEXITY of Austria
1.5Rnk 8 / 133

About

Exports In 2022, Austria exported $21.2M in Cobalt, making it the 24th largest exporter of Cobalt in the world. At the same year, Cobalt was the 597th most exported product in Austria. The main destination of Cobalt exports from Austria are: Germany ($15.7M), Sweden ($1.36M), Belgium ($983k), Ireland ($588k), and United States ($439k).

The fastest growing export markets for Cobalt of Austria between 2021 and 2022 were Germany ($2.45M), United States ($322k), and Belgium ($209k).

Imports In 2022, Austria imported $29.2M in Cobalt, becoming the 24th largest importer of Cobalt in the world. At the same year, Cobalt was the 622nd most imported product in Austria. Austria imports Cobalt primarily from: Germany ($6.18M), Luxembourg ($6.05M), Belgium ($4.38M), Netherlands ($4.16M), and Canada ($3.75M).

The fastest growing import markets in Cobalt for Austria between 2021 and 2022 were Luxembourg ($5.48M), Canada ($1.83M), and Belgium ($919k).

Latest Trends

Nov 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. 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)$21.2M
IMPORTS (2022)$29.2M
NET TRADE (2022)-$7.98M

In 2022, Austria exported $21.2M in Cobalt. The main destinations of Austria exports on Cobalt were Germany ($15.7M), Sweden ($1.36M), Belgium ($983k), Ireland ($588k), and United States ($439k).

In 2022, Austria imported $29.2M in Cobalt, mainly from Germany ($6.18M), Luxembourg ($6.05M), Belgium ($4.38M), Netherlands ($4.16M), and Canada ($3.75M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cobalt EXPORT MARKETS FOR Austria WERE (2021 - 2022):
Germany$2.45M (18.4%)
United States$322k (275%)
Belgium$209k (27.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cobalt BY Austria WERE (2021 - 2022):
Sweden-$1.64M (-54.7%)
Italy-$186k (-50%)
Ukraine-$53.9k (-86.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Austria' main exporting competitors in Cobalt were:
In 2022, Austria' main importing competitors in Cobalt were:

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Trade Value of Cobalt by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $735k
TOP IMPORT POTENTIALGermany+ $1.07M

Cobalt’s highest export potential is United States. With an export gap of $735k.   Cobalt’s highest import potential is Germany with an import gap of $1.07M.

See methodology.

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