2022
Exports
$182MWorld Rnk 11 / 97
Flag Rnk 636 / 1216
2022
PRODUCT COMPLEXITY IN Cobalt
-1.74Rnk 975 / 1025
2022
Imports
$192MWorld Rnk 8 / 159
Flag Rnk 644 / 1215
2022
ECONOMIC COMPLEXITY of Germany
1.78Rnk 5 / 133

About

Exports In 2022, Germany exported $182M in Cobalt, making it the 11th largest exporter of Cobalt in the world. At the same year, Cobalt was the 636th most exported product in Germany. The main destination of Cobalt exports from Germany are: United States ($19.2M), Slovakia ($18M), United Kingdom ($16.6M), Netherlands ($15.1M), and France ($14.5M).

The fastest growing export markets for Cobalt of Germany between 2021 and 2022 were Netherlands ($8.66M), United States ($6.24M), and Belgium ($4M).

Imports In 2022, Germany imported $192M in Cobalt, becoming the 8th largest importer of Cobalt in the world. At the same year, Cobalt was the 644th most imported product in Germany. Germany imports Cobalt primarily from: United States ($30.3M), Belgium ($27.9M), Netherlands ($25.8M), United Kingdom ($18.4M), and Austria ($15.7M).

The fastest growing import markets in Cobalt for Germany between 2021 and 2022 were Russia ($13M), Belgium ($6.85M), and United States ($6.59M).

Latest Trends

Oct 2024

Subnational Monthly Trade

View
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.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$182M
IMPORTS (2022)$192M
NET TRADE (2022)-$10.1M

In 2022, Germany exported $182M in Cobalt. The main destinations of Germany exports on Cobalt were United States ($19.2M), Slovakia ($18M), United Kingdom ($16.6M), Netherlands ($15.1M), and France ($14.5M).

In 2022, Germany imported $192M in Cobalt, mainly from United States ($30.3M), Belgium ($27.9M), Netherlands ($25.8M), United Kingdom ($18.4M), and Austria ($15.7M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cobalt EXPORT MARKETS FOR Germany WERE (2021 - 2022):
Netherlands$8.66M (133%)
United States$6.24M (48%)
Belgium$4M (68%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cobalt BY Germany WERE (2021 - 2022):
China-$1.94M (-19%)
Russia-$1.41M (-77.8%)
Israel-$560k (-44.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Germany's main exporting competitors in Cobalt were:
In 2022, Germany's main importing competitors in Cobalt were:

Explore Visualizations

Trade Value of Cobalt by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $10.7M
TOP IMPORT POTENTIALBelgium+ $6.65M

Cobalt’s highest export potential is China. With an export gap of $10.7M.   Cobalt’s highest import potential is Belgium with an import gap of $6.65M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with