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2016
Exports $1World Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Cobalt-1.74Rnk 975 / 1025
2016
Imports $73.7kWorld Rnk 84 / 159
Flag Rnk 888 / 1133
2022
ECONOMIC COMPLEXITY of Ethiopia-0.72Rnk 98 / 133

About

Imports In 2022, Ethiopia imported $73.7k in Cobalt, becoming the 84th largest importer of Cobalt in the world. At the same year, Cobalt was the 888th most imported product in Ethiopia. Ethiopia imports Cobalt primarily from: United States ($49.5k), United Kingdom ($8.52k), Germany ($7.38k), United Arab Emirates ($7.04k), and Turkey ($562).

The fastest growing import markets in Cobalt for Ethiopia between 2021 and 2022 were United States ($11.5k), United Kingdom ($8.52k), and United Arab Emirates ($3.38k).

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 (2016)$1
IMPORTS (2022)$73.7k
NET TRADE (2022)-$73.7k

In 2022, Ethiopia imported $73.7k in Cobalt, mainly from United States ($49.5k), United Kingdom ($8.52k), Germany ($7.38k), United Arab Emirates ($7.04k), and Turkey ($562).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Ethiopia's main exporting competitors in Cobalt were:
Democratic Republic of the Congo $5.99B
Canada $628M
United States $398M
In 2022, Ethiopia'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
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TOP EXPORT POTENTIALChina+ $799
TOP IMPORT POTENTIALUnited States+ $29.3k

Cobalt’s highest export potential is China. With an export gap of $799.   Cobalt’s highest import potential is United States with an import gap of $29.3k.

See methodology.

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