2023
Exports
$1.28MWorld Rnk 39 / 98
Flag Rnk 1119 / 1215
2023
PRODUCT COMPLEXITY IN Cobalt
-1.98Rnk 996 / 1025
2023
Imports
$27.7MWorld Rnk 22 / 151
Flag Rnk 780 / 1214
2023
ECONOMIC COMPLEXITY of Spain
0.86Rnk 31 / 132

About

Exports In 2023, Spain exported $1.28M in Cobalt, making it the 39th largest exporter of Cobalt in the world. At the same year, Cobalt was the 1119th most exported product in Spain. The main destination of Cobalt exports from Spain are: Italy ($456k), Singapore ($318k), United Kingdom ($275k), Germany ($70.5k), and Portugal ($63.7k).

The fastest growing export markets for Cobalt of Spain between 2022 and 2023 were Singapore ($318k), Italy ($85.5k), and Lithuania ($20.5k).

Imports In 2023, Spain imported $27.7M in Cobalt, becoming the 22nd largest importer of Cobalt in the world. At the same year, Cobalt was the 780th most imported product in Spain. Spain imports Cobalt primarily from: Turkey ($17.7M), Germany ($3.48M), Netherlands ($2.99M), United Kingdom ($574k), and Belgium ($468k).

The fastest growing import markets in Cobalt for Spain between 2022 and 2023 were Netherlands ($1.48M), Germany ($874k), and Portugal ($323k).

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€59.9k(295%)
IMPORT GROWTH (November 2023 - November 2024)€-36.7k(-4.73%)
MAIN EXPORTER (November 2024)Castellón€338k
MAIN DESTINATION (November 2024)France€21.9k

This section shows Cobalt's exports and imports data at subnational level for Spain. 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 (2023)$1.28M
IMPORTS (2023)$27.7M
NET TRADE (2023)-$26.4M

In 2023, Spain exported $1.28M in Cobalt. The main destinations of Spain exports on Cobalt were Italy ($456k), Singapore ($318k), United Kingdom ($275k), Germany ($70.5k), and Portugal ($63.7k).

In 2023, Spain imported $27.7M in Cobalt, mainly from Turkey ($17.7M), Germany ($3.48M), Netherlands ($2.99M), United Kingdom ($574k), and Belgium ($468k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cobalt EXPORT MARKETS FOR Spain WERE (2022 - 2023):
Singapore$318k (1%)
Italy$85.5k (23.1%)
Lithuania$20.5k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cobalt BY Spain WERE (2022 - 2023):
United States-$274k (-98.5%)
Germany-$265k (-79%)
Austria-$258k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Spain's main exporting competitors in Cobalt were:
In 2023, Spain's main importing competitors in Cobalt were:

Explore Visualizations

Trade Value of Cobalt by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $228k
TOP IMPORT POTENTIALUnited Kingdom+ $780k

Cobalt’s highest export potential is United States. With an export gap of $228k.   Cobalt’s highest import potential is United Kingdom with an import gap of $780k.

See methodology.

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