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Pricing

2022
Exports $4.53MWorld Rnk 37 / 97
Flag Rnk 716 / 1206
2022
Destination $2.75M Netherlands
2021 - 2022
FASTEST GROWING MARKET $2.75MNetherlands
2022
PRODUCT COMPLEXITY IN Cobalt-1.74Rnk 975 / 1025
2022
Imports $59.1MWorld Rnk 17 / 159
Flag Rnk 421 / 1198
2022
Origin $8.7M Belgium
2021 - 2022
FASTEST GROWING ORIGIN $8.7MRussia
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $4.53M in Cobalt, making it the 37th largest exporter of Cobalt in the world. At the same year, Cobalt was the 716th most exported product in Brazil. The main destination of Cobalt exports from Brazil are: Netherlands ($2.75M), Belgium ($1.08M), United States ($561k), United Kingdom ($31k), and Colombia ($21k).

The fastest growing export markets for Cobalt of Brazil between 2021 and 2022 were Netherlands ($2.75M), Belgium ($1.07M), and United Kingdom ($17.8k).

Imports In 2022, Brazil imported $59.1M in Cobalt, becoming the 17th largest importer of Cobalt in the world. At the same year, Cobalt was the 421st most imported product in Brazil. Brazil imports Cobalt primarily from: Belgium ($14.1M), Russia ($9.24M), United States ($9M), Canada ($5.49M), and Netherlands ($4.28M).

The fastest growing import markets in Cobalt for Brazil between 2021 and 2022 were Russia ($8.7M), Belgium ($3.68M), and Netherlands ($3.58M).

Latest Trends

September 2024

About

Overview In September 2024 Brazil's Cobalt exports accounted up to $222k and imports accounted up to $2.69M, resulting in a negative trade balance of $2.47M. Between September 2023 and September 2024 the exports of Brazil's   Cobalt have increased by $83.3k (60.1%) from $139k to $222k, while imports decreased by $-639k (-19.2%) from $3.33M to $2.69M.

Destinations In September 2024, Cobalt were exported mostly to Malaysia ($167k), United States ($29.6k), South Korea ($18.1k), Belgium ($2.94k), and China ($2.35k), and were imported mostly from United States ($940k), China ($381k), Germany ($344k), Belgium ($297k), and Canada ($277k).

Growth In September 2024, the increase in Cobalt's year-by-year exports was explained primarily by an increase in exports to United States ($31.6k or 98.6%). In September 2024, the decrease in Cobalt's year-by-year imports was explained primarily by a decrease in imports from Canada ($-1.64M or -85.6%), Morocco ($-972k or -85%), and China ($-121k or -74.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$83.3k(60.1%)
IMPORT GROWTH (September 2023 - September 2024)$-639k(-19.2%)
MAIN EXPORTER (September 2024)São Paulo$1.49M
MAIN DESTINATION (September 2024)Malaysia$167k

This section shows Cobalt's exports and imports data at subnational level for Brazil. 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 over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.53M
IMPORTS (2022)$59.1M
NET TRADE (2022)-$54.6M

In 2022, Brazil exported $4.53M in Cobalt. The main destinations of Brazil exports on Cobalt were Netherlands ($2.75M), Belgium ($1.08M), United States ($561k), United Kingdom ($31k), and Colombia ($21k).

In 2022, Brazil imported $59.1M in Cobalt, mainly from Belgium ($14.1M), Russia ($9.24M), United States ($9M), Canada ($5.49M), and Netherlands ($4.28M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cobalt EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
Netherlands$2.75M (1%)
Belgium$1.07M (18.3k%)
United Kingdom$17.8k (134%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cobalt BY Brazil WERE (2021 - 2022):
Brazil-$391k (-99.6%)
Qatar-$210k (-100%)
United States-$141k (-20%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Cobalt were:
Democratic Republic of the Congo $5.99B
Canada $628M
United States $398M
In 2022, Brazil's main importing competitors in Cobalt were:
China $6.07B
Japan $585M
United States $523M

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Trade Value of Cobalt by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $642k
TOP IMPORT POTENTIALUnited States+ $1.62M

Cobalt’s highest export potential is United States. With an export gap of $642k.   Cobalt’s highest import potential is United States with an import gap of $1.62M.

See methodology.

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