Cobalt in United Kingdom | The Observatory of Economic Complexity

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Exports In 2022, United Kingdom exported $177M in Cobalt, making it the 12th largest exporter of Cobalt in the world. At the same year, Cobalt was the 298th most exported product in United Kingdom. The main destination of Cobalt exports from United Kingdom are: United States ($44.7M), France ($24.5M), Germany ($18.4M), India ($17.7M), and China ($12.9M).

The fastest growing export markets for Cobalt of United Kingdom between 2021 and 2022 were United States ($23.3M), France ($11.5M), and India ($8.87M).

Imports In 2022, United Kingdom imported $172M in Cobalt, becoming the 9th largest importer of Cobalt in the world. At the same year, Cobalt was the 483rd most imported product in United Kingdom. United Kingdom imports Cobalt primarily from: United States ($39.6M), Canada ($20.4M), Netherlands ($18.4M), Germany ($16.6M), and China ($9.15M).

The fastest growing import markets in Cobalt for United Kingdom between 2021 and 2022 were Canada ($15.7M), United States ($11.7M), and Morocco ($8.86M).

Latest Trends

March 2024

About

Overview In March 2024 United Kingdom's Cobalt exports accounted up to £14.7M and imports accounted up to £10.7M, resulting in a positive trade balance of £3.97M. Between March 2023 and March 2024 the exports of United Kingdom's Cobalt have decreased by £-1.47M (-9.1%) from £16.1M to £14.7M, while imports decreased by £-3.67M (-25.5%) from £14.4M to £10.7M.

Destinations In March 2024, Cobalt were exported mostly to United States (£3.17M), Germany (£2.98M), France (£1.72M), Netherlands (£1.37M), and India (£1.16M), and were imported mostly from Netherlands (£2.99M), United States (£1.96M), Norway (£1.08M), Turkey (£1.05M), and France (£918k).

Growth In March 2024, the decrease in Cobalt's year-by-year exports was explained primarily by a decrease in exports to Netherlands (£-1M or -58.5%), Spain (£-32.8k or -85.9%), and Sweden (£-30.1k or -14.9%). In March 2024, the decrease in Cobalt's year-by-year imports was explained primarily by a decrease in imports from Switzerland (£-1.8M or -99.7%), Czechia (£-3.07k or -5.6%), and Italy (£-354 or -1.42%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)£-1.47M(-9.1%)

IMPORT GROWTH (March 2023 - March 2024)£-3.67M(-25.5%)

MAIN EXPORTER (March 2024)Dover Eurotunnel£5.09M

MAIN DESTINATION (March 2024)United States£3.17M

This section shows Cobalt's exports and imports data at subnational level for United Kingdom. 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

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$177M

IMPORTS (2022)$172M

NET TRADE (2022)$5.2M

In 2022, United Kingdom exported $177M in Cobalt. The main destinations of United Kingdom exports on Cobalt were United States ($44.7M), France ($24.5M), Germany ($18.4M), India ($17.7M), and China ($12.9M).

In 2022, United Kingdom imported $172M in Cobalt, mainly from United States ($39.6M), Canada ($20.4M), Netherlands ($18.4M), Germany ($16.6M), and China ($9.15M).

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