Cobalt in   China

Overview In December 2024 China's Cobalt exports accounted up to $20M and imports accounted up to $262M, resulting in a negative trade balance of $242M. Between December 2023 and December 2024 the exports of China's   Cobalt have decreased by $-2.29M (-10.3%) from $22.3M to $20M, while imports decreased by $-41.7M (-13.7%) from $304M to $262M.

Destinations In December 2024, Cobalt were exported mostly to Netherlands ($10.7M), United States ($3.93M), India ($927k), Japan ($823k), and Russia ($766k), and were imported mostly from Democratic Republic of the Congo ($241M), Indonesia ($7.9M), Canada ($3.52M), United States ($3.06M), and Japan ($1.5M).

Growth In December 2024, the decrease in Cobalt's year-by-year exports was explained primarily by a decrease in exports to Russia ($-2.54M or -80.7%), Israel ($-1.09M or -99.9%), and Japan ($-118k or -8.14%). In December 2024, the decrease in Cobalt's year-by-year imports was explained primarily by a decrease in imports from Russia ($-10.7M or -76%), United States ($-3.34M or -52.1%), and Japan ($-1.71M or -71.9%).