2022
Exports
$2.93MWorld Rnk 43 / 97
Flag Rnk 233 / 1045
2022
PRODUCT COMPLEXITY IN Cobalt
-1.74Rnk 975 / 1025
2022
Imports
$6.44MWorld Rnk 39 / 159
Flag Rnk 399 / 1169
2022
ECONOMIC COMPLEXITY of Costa Rica
0.32Rnk 51 / 133

About

Exports In 2022, Costa Rica exported $2.93M in Cobalt, making it the 43rd largest exporter of Cobalt in the world. At the same year, Cobalt was the 233rd most exported product in Costa Rica. The main destination of Cobalt exports from Costa Rica are: Germany ($2.29M), Canada ($452k), United States ($147k), Costa Rica ($36.8k), and United Kingdom ($11.3k).

The fastest growing export markets for Cobalt of Costa Rica between 2021 and 2022 were Canada ($163k), United States ($141k), and United Kingdom ($11.3k).

Imports In 2022, Costa Rica imported $6.44M in Cobalt, becoming the 39th largest importer of Cobalt in the world. At the same year, Cobalt was the 399th most imported product in Costa Rica. Costa Rica imports Cobalt primarily from: United States ($6.35M), Germany ($43.4k), Costa Rica ($36.8k), Austria ($6.33k), and Switzerland ($129).

The fastest growing import markets in Cobalt for Costa Rica between 2021 and 2022 were United States ($1.31M), Germany ($8.18k), and Austria ($6.33k).

Latest Trends

Jul 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)$2.93M
IMPORTS (2022)$6.44M
NET TRADE (2022)-$3.5M

In 2022, Costa Rica exported $2.93M in Cobalt. The main destinations of Costa Rica exports on Cobalt were Germany ($2.29M), Canada ($452k), United States ($147k), Costa Rica ($36.8k), and United Kingdom ($11.3k).

In 2022, Costa Rica imported $6.44M in Cobalt, mainly from United States ($6.35M), Germany ($43.4k), Costa Rica ($36.8k), Austria ($6.33k), and Switzerland ($129).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cobalt EXPORT MARKETS FOR Costa Rica WERE (2021 - 2022):
Canada$163k (56.1%)
United States$141k (2.35k%)
United Kingdom$11.3k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cobalt BY Costa Rica WERE (2021 - 2022):
Germany-$425k (-15.7%)
Costa Rica-$124k (-77.1%)
India-$22.5k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Costa Rica's main exporting competitors in Cobalt were:
In 2022, Costa Rica's 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+ $217k
TOP IMPORT POTENTIALGermany+ $55.3k

Cobalt’s highest export potential is United States. With an export gap of $217k.   Cobalt’s highest import potential is Germany with an import gap of $55.3k.

See methodology.

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