2023
Exports
$93.2MWorld Rnk 13 / 98
Flag Rnk 66 / 1114
2023
PRODUCT COMPLEXITY IN Cobalt
-1.98Rnk 996 / 1025
2023
Imports
$3.54MWorld Rnk 43 / 151
Flag Rnk 720 / 1185
2023
ECONOMIC COMPLEXITY of Morocco
-0.36Rnk 79 / 132

About

Exports In 2023, Morocco exported $93.2M in Cobalt, making it the 13th largest exporter of Cobalt in the world. At the same year, Cobalt was the 66th most exported product in Morocco. The main destination of Cobalt exports from Morocco are: Chinese Taipei ($24.3M), Netherlands ($21.3M), Japan ($15.8M), Germany ($8.2M), and United States ($7.3M).

The fastest growing export markets for Cobalt of Morocco between 2022 and 2023 were Netherlands ($11M), Germany ($7.39M), and Canada ($2.54M).

Imports In 2023, Morocco imported $3.54M in Cobalt, becoming the 43rd largest importer of Cobalt in the world. At the same year, Cobalt was the 720th most imported product in Morocco. Morocco imports Cobalt primarily from: India ($2.24M), France ($605k), Netherlands ($357k), United States ($111k), and South Africa ($100k).

The fastest growing import markets in Cobalt for Morocco between 2022 and 2023 were India ($2.24M), France ($397k), and Netherlands ($357k).

Latest Trends

Dec 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 (2023)$93.2M
IMPORTS (2023)$3.54M
NET TRADE (2023)$89.7M

In 2023, Morocco exported $93.2M in Cobalt. The main destinations of Morocco exports on Cobalt were Chinese Taipei ($24.3M), Netherlands ($21.3M), Japan ($15.8M), Germany ($8.2M), and United States ($7.3M).

In 2023, Morocco imported $3.54M in Cobalt, mainly from India ($2.24M), France ($605k), Netherlands ($357k), United States ($111k), and South Africa ($100k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cobalt EXPORT MARKETS FOR Morocco WERE (2022 - 2023):
Netherlands$11M (107%)
Germany$7.39M (918%)
Canada$2.54M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cobalt BY Morocco WERE (2022 - 2023):
Belgium-$20.5M (-79.2%)
Chinese Taipei-$17.5M (-41.9%)
United Kingdom-$8.56M (-95.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Morocco's main exporting competitors in Cobalt were:
In 2023, Morocco'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+ $4M
TOP IMPORT POTENTIALUnited States+ $72.2k

Cobalt’s highest export potential is United States. With an export gap of $4M.   Cobalt’s highest import potential is United States with an import gap of $72.2k.

See methodology.

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